Myford lathe values.

Depends on condition too.....Any tooling etc?

I've seen ML7 s on the bay for £200 quid.....then there are others around £1000.......

Perhaps you could post a photo?

if you just take it and he finds out its you it could be worth about two years

There is more than one value - if in poor condition often less than what people pay for them.

Asking for a value borders on the how long is a piece of string question - it varies.

John

-

Heads up, chaps! Anyone on here owe Mark P any money?

Pete

Small claims court might be the most effective way of establishing a lien on the debtor's goods (ie Lathe) for the non payment of the debt, you cannot just walk in and take it.

Is it a limited company?

If a company is trading and is not paying you then I have been told you can go for a Winding Up Petition. If they refuse to pay you then you can proceed to wind up their business. One website describes it as a nuclear guided missile. If it is, then it might be expensive to carry out.

https://www.gov.uk/wind-up-a-company-that-owes-you-money/overview

Steve

Edited By Steven Vine on 21/10/2015 19:13:46

There's nothing else for it ... you have to go round there and break his legs

It's a misery when you are not paid your dues.

Steve

Once you get good at "the system" you can chuck these things at companies like BP and Coca-Cola

Just don't expect to be invited to the advocates xmas dinner or ever considered for high court jobs for the boys

edit:

e&oe

All posts appearing in this work are fictitious. Any resemblance to real posts, living or dead, is purely coincidental.

Edited By Ady1 on 22/10/2015 00:59:28

If it is wages can you get the DHSS or job centre to intervene?

There was an old piece of legislation called the Trucks Act , which stated you had to be paid within a set time after your working period . Not sure if its still in existence , or if , like many others , its been repealed .

All this advise is well and good if you have the time and money to spare and it still doesn't guarantee you getting paid.

Steven Vine has the best idea.

Failing that find out what car he's driving, borrow one, swap the plates and belt thru as many red light and speed cameras as possible.

Plod has far more time and resources than we have,

I think the truck act was about getting paid in money, not coupons for the company store, so I guess taking his lathe breaks the truck act? I've been in the same position a couple of times, fact is if there is no money you are wasting your time. Standing around with a couple of big mates might help, but don't break the law, it's you will suffer.