Phil Whitley | 22/10/2015 20:54:34 |
![]() 1533 forum posts 147 photos | Hi Mark P, if this is a limited company in the UK and the debt is more than £750 a winding up order costs nothing if he pays up on the THREAT of one being issued, and as the money is owed to you and another, you can be your own debt collectors. Usually the threat to issue a winding up order produces instant payment. Download and fill in the 6.27 form, and send it to the registered office of the limited company, saying that if you are not paid in full within seven days (provided you have submitted written requests for payment previously, if you have not, send a final demand for the full amount to his registered office, saying you intend to apply for a winding up order in 14 days if payment is not received, and send the winding up order form 6.27 14 days later) There is only one problem, and that is , is he trading profitably, if he has no money, and you do incur a fee for actually going to court to wind his co up, chances are you will not get it back but, you probably won't need to go that far. If for instance his equipment, or even his house are charged as security against his business, he will not want to be wound up and face losing his home! There are people in this world who will go to great lengths not to pay their bills if they don't have to. Trading as a limited company is not a good idea if you want to do this, as it is quite easy to collect. The sole trader who is not limited, has no money, and nothing with his name on it as owner, can get away with not paying bills, and is the typical blood from a stone case commonly known as a "Professional Debtor" (I was a registered debt collector for 10 years) Phil
https://www.gov.uk/government/publications/debtors-bankruptcy-petition-insolvency-form-627 |
Mark P. | 22/10/2015 21:06:15 |
![]() 634 forum posts 9 photos | Unfortunatly Phil he has several companies registered all interconnected in a vague fashion and trading, so in his words "I will just close that company down"! I would like to name the company but I feel that I should not. Mark P. |
David Clark 1 | 22/10/2015 21:15:01 |
![]() 3357 forum posts 112 photos 10 articles | Get the book freedom is more than a seven letter word by Veronica Chapman. You could do him personally for wronging you. You could easily get say, £100,000 as you can decide what compensation he has to pay out of his personal pocket. Nothing to do with his legal companies but for the stress he has caused you. Cost you less than £10 on Amazon. Money well spent for lots of financial problems. Edited By David Clark 1 on 22/10/2015 21:17:02 |
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