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| UK Finance (uk.finance) Discussion about Finance issues in the UK. |
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#1
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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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#2
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"thedarkman" wrote in message ... 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............... |
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#3
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thedarkman wrote:
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 |
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#4
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"steve robinson" wrote in message ... thedarkman wrote: 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 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 |
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#5
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"tim...." wrote in message ... "steve robinson" wrote in message ... thedarkman wrote: 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 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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#6
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tim.... wrote:
"steve robinson" wrote in message ... thedarkman wrote: 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 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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