taken to the cleaners by bent receivers and the like


T

thedarkman

I've recently been contacted by someone I knew a while ago through my
research work. In 2008 he had a small business debt, under 2 grand.

I don't have the full story but he went into hospital for treatment
for a couple of weeks - he's getting on a bit now - and let it get out
of hand.

The bottom line is that Price Waterhouse and associated scum have run
up a "debt" of sixty grand with all sorts of creative book-keeping.

My friend hasn't been served very well by his own lawyer but it seems
every way he turns they're coming after him for money.

Does anyone have any (intelligent) suggestions as to what he should
do?

I thought at first the court wouldn't entertain this sort of nonsense
but I've just seen something even more ridiculous where the High Court
has given a judgment for over 300 grand over a relatively trivial
property dispute.

Thanks in advance
 
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M

Mark Opolo

thedarkman said:
I've recently been contacted by someone I knew a while ago through my
research work. In 2008 he had a small business debt, under 2 grand.

I don't have the full story but he went into hospital for treatment
for a couple of weeks - he's getting on a bit now - and let it get out
of hand.

The bottom line is that Price Waterhouse and associated scum have run
up a "debt" of sixty grand with all sorts of creative book-keeping.

My friend hasn't been served very well by his own lawyer but it seems
every way he turns they're coming after him for money.

Does anyone have any (intelligent) suggestions as to what he should
do?

I thought at first the court wouldn't entertain this sort of nonsense
but I've just seen something even more ridiculous where the High Court
has given a judgment for over 300 grand over a relatively trivial
property dispute.

Thanks in advance
if only he was an MP then all would be well...............
 
S

steve robinson

thedarkman said:
I've recently been contacted by someone I knew a while ago through
my research work. In 2008 he had a small business debt, under 2
grand.

I don't have the full story but he went into hospital for treatment
for a couple of weeks - he's getting on a bit now - and let it get
out of hand.

The bottom line is that Price Waterhouse and associated scum have
run up a "debt" of sixty grand with all sorts of creative
book-keeping.

My friend hasn't been served very well by his own lawyer but it
seems every way he turns they're coming after him for money.

Does anyone have any (intelligent) suggestions as to what he should
do?

I thought at first the court wouldn't entertain this sort of
nonsense but I've just seen something even more ridiculous where
the High Court has given a judgment for over 300 grand over a
relatively trivial property dispute.

Thanks in advance

When you get the partners in the business charging £1200 per hour ,
office juniors £300 per hour , even the tea lady £100 per hour it
doesnt take long to run up £60K


Not a lot he can do
 
M

McGyver

thedarkman said:
I've recently been contacted by someone I knew a while ago through my
research work. In 2008 he had a small business debt, under 2 grand.

I don't have the full story but he went into hospital for treatment
for a couple of weeks - he's getting on a bit now - and let it get out
of hand.

The bottom line is that Price Waterhouse and associated scum have run
up a "debt" of sixty grand with all sorts of creative book-keeping.

My friend hasn't been served very well by his own lawyer but it seems
every way he turns they're coming after him for money.

Does anyone have any (intelligent) suggestions as to what he should
do?

I thought at first the court wouldn't entertain this sort of nonsense
but I've just seen something even more ridiculous where the High Court
has given a judgment for over 300 grand over a relatively trivial
property dispute.

Thanks in advance
You said you don't have the full story, so of course you couldn't help but
leave out relevant facts. But still, you are asking us to advise without
having the facts necessary to an understanding of the problem. The missing
facts would be expected to answer:

1. When you say "let it to get out of hand", do you mean "didn't pay it?"

2. Was the debt based on a written contract which included the right of the
creditor to add interest and collection costs, including attorney's fees?

3. Did your friend voluntarily enter into the contract, or did the scum
creditor force the signature? Or fraudulently induce the signing? Or
breach the contract? Or did the creditor simply misinterpret the contract
term which says: "All interest is forgiven and any collection costs are our
own bad luck if you simply let the debt "get out of hand" after being in the
hospital for two weeks?" Please let us know the details of what Price
Waterhouse did to earn the term "scum". We can turn any sort of wrongdoing
into a viable lawsuit if sufficient facts are provided, but we can't do much
with unsupported opprobrium other than apply a dose of sarcasm.

4. Who are the "associated scum" and what was their role in the fraudulent
activities of the scum creditor?

5. What creative bookkeeping are you referring to? Do you mean accurately
adding up interest and collections costs as permitted by the contract? Or
false, fraudulent and un-agreed-to addition of elements of the debt? Or do
you simply not know of any creative bookkeeping but use that term to mean
"those creeps are not letting my nice old friend off the hook even though
there is no reason they should?"

6. By "bent receivers", do you mean they did something wrong? Or do you
mean all receivers are bent? Or only those who do their jobs in spite of
your friend's obvious innocence, good faith, honesty and general niceness?

7. What country's laws are involved? I'm assuming UK, but you didn't
specify.

Having in mind our ignorance of the relevant facts, what kind of advice do
you have in mind? Wait, let me rephrase that. Would you take advice from a
person who knows next to nothing about the facts of the matter?

But so as not to disappoint, I offer two bits of advice for you to pass on
to your friend. (Leave out the above sarcastic reply. That was directed at
you, not your friend.)

1. If you are not satisfied with your attorney, you might consult a new one
for a second opinion. You don't have to replace your present attorney
before getting a consultation from another one. Simply ask the new one for
an assessment of the work of the first attorney and for advice on the
prospects for the future. You should take with you all documents concerning
the debt, the collection efforts and the court proceedings, if any. or,

2. Post the whole story here and maybe someone will be able to advise.

This answer must not be relied on as legal advice for the reasons posted
here: http://mcgyverdisclaimer.blogspot.com . And I am not your attorney.

McGyver
 
T

tim....

steve robinson said:
When you get the partners in the business charging £1200 per hour ,
office juniors £300 per hour , even the tea lady £100 per hour it
doesnt take long to run up £60K


Not a lot he can do
I think that he can argue that the creditor did not act reasonably

using a large corporate accountancy firm to chase a debt of 2K is not IMHO a
reasonable thing for someone to do

tim
 
T

The Todal

tim.... said:
I think that he can argue that the creditor did not act reasonably

using a large corporate accountancy firm to chase a debt of 2K is not IMHO
a reasonable thing for someone to do
This all reminds me of Roger Jones, pig farmer of Deddington, and his
bewilderment when his failure to run his business properly resulted in
bankruptcy and vast debts. You can google it.

Roger used to be a regular here. Hope he's still in good health.
 
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S

steve robinson

tim.... said:
I think that he can argue that the creditor did not act reasonably

using a large corporate accountancy firm to chase a debt of 2K is
not IMHO a reasonable thing for someone to do

tim
Why , we are not getting the whole story here no business is going to
bring in the big guns over a debt 14 days overdue there is more to
this than meets the eye
 

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