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debt monkey

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Posts posted by debt monkey

  1. House - 140k

    Mortgage - 28k

    Equity - 112k

    Trustees 50% - 56k

    Legal Fees on sale - 2k

    Legal Fees to force possession - 5k

    Estate Agent Fees - 3k

    Remaining 46k

    Maybe start with an offer of about £35k, expect to settle at about 50k

  2. Out of interest, who is the IP? Fingers crossed its not one at my firm.

    Get your own valuation and haggle. Start with a ridiculously low offer citing the savings of estate agents, legals, sale etc etc. Prove to them that you are serious and have the cash available. Depending on who the IP is, its more than likely that they will want to do a deal now and just close the case.

  3. im guessing here, but i think hes hidden some of that stash and is PRETENDING to be living on £100 in a flat over a cafe. i bet hes got shit buired all over the place. wise man.
    I just wannna know one thing

    Does the barsteward eat beans on toast for his tea?

    Is the cafe in question Shore Cafe by any chance? Hardly your local builders cafe

  4. Can any HPC locals or sailors tell me where on earth all the leisure boats have gone from Poole Harbour? The harbour is absolutely empty. Is this a normal winter situation? In 15 years in Poole I've never seen such an absence of boats.

    Could be that the marina's are expensive, so it is cheaper to take the boat out of the water over winter than leave it in the water. Rental space in the boat parks are considerably cheaper.

    The boats that are on moorings in the harbour are normally taken out in the winter and put in boat parks.

  5. You realise that would actually mean raising the wages of most public sector staff by a considerable amount? Without perks like a decent pension, how are you going to get people to do important but low-paid work of the kind unsuited to the private sector?

    The private sector doesn't have the answers to everything, as is proven by the fact that it's currently falling to bits.

    Plenty of unemployed people, ask all the ex-Woolies staff if they would like a council job with no pension

  6. Phone up the supervisor of the IVA and ask if the property is part of the arrangement. Easy to do, you dont need a solicitor, the details should be on the Insolvency Service website. It is normal for IVA's to contain a clause that equity from the property is paid into the IVA, if that is not possible the property is sold by the debtor with the proceeds going to the IVA.

    I wouldnt have any problems with this, just check with the supervisor first.

  7. An almost total absence of punters. Has all the money been finally spent, because sales at 50% off were all around?. Odd, walking around a virtually empty Beales in a similar empty Dolphin centre. Never before seen it like that.

    I would be suprised if Beales survives. I hope it does because its a local company, but it never seems busy, they arent competitive on price and I doubt they have many internet sales to support them. They also have massive stores. They have more shop floor in Poole & Bournemouth than anybody else.

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