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Hello,
I took finance through my business at 42k with a PG attached, my worst business decison ever made because the business then went into liquidation, the money went to a landlord before hand and if i'd have waitied a month I would have realised I didn't need it in the first place. The claimant logged a CCJ and I agreed personal repayements of £200 per month with them, no payements were set by the court. I then made the clainmant aware I was starting a new busines and they wanted 5% of card sales, which I agreed to. This went on for 18 mths and the balance on the account then stood at around 16k left to pay. After 18 months my new bsuiness couldn't shoulder the debt and has now also had to be liqudated, the month before this happened they offered me a full and final settlement of 13k, but i have no, assests or savings so I had to decline. Before this current liquidatioin of my new business I contacted the claimant to make them aware it was on the horizon and to agree a personal payment plan. I offered £247 which was the left over amount from our Universal Credit amount once living costs were deducted. We currently have no income, no savings or any assests. They didn't accept and triggered enforcement. I then stayed the warrant and asked for a vary with the offer of £247 monthly, they rejected my vary offer on the warrant (so it reverts to a hearing) on the grounds that it would take in excess of 10 years to pay back becasue they listed the debt amount at £52k, I have no idea why they did this or what happned there? My thoughts are it was a genuine mistake or a delibertae attept to mislead the judge and buy them time to get a writ and hope I'd been lying all along and would be intimidated? The claimant then did indeed apply for a Writ immediately after decling which I also managed to stay until the hearing which is this friday 1st Nov at 3:30pm.
Please could you advise as to what I can expect in the hearing, I'd like to make sure i am super prepared and put my best case forward for the judge to agree £247 a month.
Is it worth mentioning a; That £200 per month was originally accpeted on 42k balance but now they wont accpet £247 on 16k and b; The fact they put 52k down and the grounds for rejectiobn was it would take in excess of 10 years to pay back?
Is there anything I'm missing or should be aware of? They also still have the old original compnay name on the paperwork which has been liquadated as well as my personal name which the CCJ is against.
Thanks in advance.
I took finance through my business at 42k with a PG attached, my worst business decison ever made because the business then went into liquidation, the money went to a landlord before hand and if i'd have waitied a month I would have realised I didn't need it in the first place. The claimant logged a CCJ and I agreed personal repayements of £200 per month with them, no payements were set by the court. I then made the clainmant aware I was starting a new busines and they wanted 5% of card sales, which I agreed to. This went on for 18 mths and the balance on the account then stood at around 16k left to pay. After 18 months my new bsuiness couldn't shoulder the debt and has now also had to be liqudated, the month before this happened they offered me a full and final settlement of 13k, but i have no, assests or savings so I had to decline. Before this current liquidatioin of my new business I contacted the claimant to make them aware it was on the horizon and to agree a personal payment plan. I offered £247 which was the left over amount from our Universal Credit amount once living costs were deducted. We currently have no income, no savings or any assests. They didn't accept and triggered enforcement. I then stayed the warrant and asked for a vary with the offer of £247 monthly, they rejected my vary offer on the warrant (so it reverts to a hearing) on the grounds that it would take in excess of 10 years to pay back becasue they listed the debt amount at £52k, I have no idea why they did this or what happned there? My thoughts are it was a genuine mistake or a delibertae attept to mislead the judge and buy them time to get a writ and hope I'd been lying all along and would be intimidated? The claimant then did indeed apply for a Writ immediately after decling which I also managed to stay until the hearing which is this friday 1st Nov at 3:30pm.
Please could you advise as to what I can expect in the hearing, I'd like to make sure i am super prepared and put my best case forward for the judge to agree £247 a month.
Is it worth mentioning a; That £200 per month was originally accpeted on 42k balance but now they wont accpet £247 on 16k and b; The fact they put 52k down and the grounds for rejectiobn was it would take in excess of 10 years to pay back?
Is there anything I'm missing or should be aware of? They also still have the old original compnay name on the paperwork which has been liquadated as well as my personal name which the CCJ is against.
Thanks in advance.
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