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Posts posted by debt monkey
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Darling claimed in the commons they weren't aware of his pension arrangements until this week.
That was until a Tory back bencher pointed out that his pension entitlement was fully set out in the 2007 accounts. Too funny.
It was in the paper in October 2008, why didnt Darling know earlier?
http://www.telegraph.co.uk/finance/finance...ing-begins.html
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freespirit is such a ripoff.
Used to shop at Just Add Water, until it was bought by Blacks and rebranded Freespirit, now I dont even bother looking in there.
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FT Alphaville were talking about this on Friday, they have offered a reward, well free lunch out, to anyone who knows who it was.
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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
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The company will be doing a pre-pack administration and bought back by the original family.
http://www.independent.co.uk/news/business...ed-1622142.html
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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.
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Just heard that local retirement builders McCarthy & Stone set to go into administration.
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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
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http://business.timesonline.co.uk/tol/busi...icle5674413.ece
Anyone know which was the company that had 729 managed service businesses?
As posted on the other bankruptcy thread.
Probably Lehmans or Woolworths
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I would stop paying mortgage, get on a council housing list get repossessed and rehoused, and declare yourself bankrupt. In 3 years time she will be in a much stronger position at the bottom of the market
+1
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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.
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As an Insolvency Practitioner, we urge companies to be honest with creditors about the difficulties they are facing.
If you are honest with them they are more likely to help you out and work with you, lie to them and they will petition to wind your company up.
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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
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IG Index have closed the market on RBS
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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.
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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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I think you'll find that bayonet fitting is the most common.
I wsa looking to buy some new lights in B&Q and they only seemed to stock screw fittings, are bayonets old style?
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Management run out of P45 forms?
Govt run out of P45, had to use the printer for some £50 notes.
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Administrators involved in winding up bankrupt companies are doing well just now......they are the first to get paid when a company is wound up.
Of course, we dont want to be back of the que, and you only have to look at the fees on jobs such as Lehmans and Woolworths to see going bust is expensive.
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I use the M&S motorway shops and the one at Waterloo quite a lot. If you need a snack and have the choice between McDonalds, a dodgy pasty or an M&S sandwich, i dont mind paying to eat healthy.
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I have a job interview with an insolvency practitioners today. The street is full of EAs, I guess many of whom will become clients as well.
Good luck, its a great job if you are of the right mindset
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The main change I have made in the last year is using cash instead of a debit card all the time. Makes a big pychological difference to me handing over cash so tend to spend less.
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Woolworths
MFI
The Pier
Zavvi
Whittard
Officers Club
USC
Olan Mills
Morgan
Adams
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Back in the summer/autumn there was Dolsis, Stead + simpson (shoes),as well as Rosebys (curtains and bedding ).
Theres quite a fewer older ones we could put in, but how far back should we go?
I personally think we should start with Woolies
One Man Tries To Get Our Money Back From Rbs
in House prices and the economy
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