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General Recoveries Limited – In Administration

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  • #16
    Re: General Recoveries Limited – In Administration

    Originally posted by Nibbler View Post
    Similar song to other companies that have gone this way.
    Where do I stand legally on this? Surely this is a form of deception, will the directors of this company be prosecuted? By the looks of it from the info posted by amethyst above it looks like they just walk away and are free to do the whole thing again.

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    • #17
      Re: General Recoveries Limited – In Administration

      Originally posted by Hubbabubla View Post
      Where do I stand legally on this? Surely this is a form of deception, will the directors of this company be prosecuted? By the looks of it from the info posted by amethyst above it looks like they just walk away and are free to do the whole thing again.
      There was a similar situation with a company call DCM Money Solutions a few years ago.

      They are still on a long fight to get any legal action to be taken against directors for what was arguably fraud and theft.

      So don't count on it....

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      • #18
        Re: General Recoveries Limited – In Administration

        https://www.google.co.uk/#q=dcm+money+solutions

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        • #19
          Re: General Recoveries Limited – In Administration

          .....but yet I could be taken to court! What a crazy world we live in and how do these people sleep at night. :colbert:

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          • #20
            Re: General Recoveries Limited – In Administration

            Originally posted by Hubbabubla View Post
            .....but yet I could be taken to court! What a crazy world we live in and how do these people sleep at night. :colbert:
            Quite comfortably, in their expensive houses and luxury beds.
            Any opinions I give are my own. Any advice I give is without liability. If you are unsure, please seek qualified legal advice.

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            • #21
              Re: General Recoveries Limited – In Administration

              Originally posted by Tools View Post
              Quite comfortably, in their expensive houses and luxury beds.
              Grrrrrrrrrrrr!

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              • #22
                Re: General Recoveries Limited – In Administration

                Hi, me again. ..I know it's been a few weeks. I've received a letter today from Marlin Financial Services chasing £986 relating to an Egg credit card I defaulted on in 2004. They claimed that General Recoveries last paid them in September 2013. I have spoken to them on the phone this evening explaining the situation with GR in administration ( to which the person on the other end of the phone thought was funny:colbert: grrrrr!) she has asked me to go through an income/expenditure thingy to ascertain how much I could pay them directly each month. I refused and asked for the original CCA to be sent to me ( have I done the right thing?) what happens if they can't provide it?
                Last edited by Hubbabubla; 29th July 2014, 18:55:PM.

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