Bournes Debt Solutions (Bournes Limited) - FCA requirements & administration

[righty]

Re: Bournes Debt Solutions (Bournes Limited) - FCA requirements & administration

What the bloody hell does all that mean........

If you go to Nibblers post you'll see He's put pdf links on there

[righty]

Re: Bournes Debt Solutions (Bournes Limited) - FCA requirements & administration

I could be wrong but it does appear that Bournes may have used client monies to finance or to support another of their companies. This could be the reason Levy mentions the possibility of litigation

[Last]

Re: Bournes Debt Solutions (Bournes Limited) - FCA requirements & administration

Proposals are now on the admins site. :/

What the bloody hell does all that mean........

[Nibbler]

Re: Bournes Debt Solutions (Bournes Limited) - FCA requirements & administration

Proposals are now on the admins site. :/

[Ruthless]

Re: Bournes Debt Solutions (Bournes Limited) - FCA requirements & administration

Hi I have just phoned the administrators and asked to speak to Virgil Levy. "He is out of the office until tomorrow".How convenient.... I said the 8wks were up and we need to be told of the outcome so far. The the reply I got was. A letter has been drafted and is just having a spell check....... Keep a look out either today or tomorrow on the website. His tone was not very nice at all. These people don't care either. After waiting all this time I do hope that the outcome is a positive one. Fingers and toes crossed everyone xx

[Amethyst]

Re: Bournes Debt Solutions (Bournes Limited) - FCA requirements & administration

Nothing else on their website yet either.

So who's going to ring him?

[Last]

Re: Bournes Debt Solutions (Bournes Limited) - FCA requirements & administration

I sincerely hope we have some chance of getting our money back.

[Amethyst]

Re: Bournes Debt Solutions (Bournes Limited) - FCA requirements & administration

Oh for goodness sake. The courts really need a good hard kick up the a$$.

[Nibbler]

Re: Bournes Debt Solutions (Bournes Limited) - FCA requirements & administration

This post OTR made me wince.

I took Bournes to County Court in September 2012 for not paying my creditors. I had original copies of letters from Barclaycard, RSB and others stating they received nothing for months. In his wisdom, amidst Bournes lawyer pathetically pretending I was intimidating him (he told the judge he feared for his safety) the judge ruled in favour of Bournes, stating that a photocopy of a printout of a computer program called 'Casetracker' was adequate evidence that Bournes was paying my creditors and totally disregarded my letters of evidence from banks. What a joke! Anyway, at least Michelle Gilbourne and cronies have eventually got what they rightly deserve. Or at least I sincerely hope so.....

[Nibbler]

Re: Bournes Debt Solutions (Bournes Limited) - FCA requirements & administration

No updates on their site yet.

[Last]

Re: Bournes Debt Solutions (Bournes Limited) - FCA requirements & administration

c'mon Mr Levy today is 8 weeks...lets be having it!!!!!!!!!!!

[bigndav]

Re: Bournes Debt Solutions (Bournes Limited) - FCA requirements & administration

The administrators have to report the conduct of the Directors, so any fruad should be reported to the insolvency department to further investigate. What I can't believe is this has been happening for a couple of years with 1000's of people losing a sh*t loads of money. Why why has this been able to happen again and again.......I am slowly thinking that I have lost my money in my pot after trying to be optimistic........
I did get an email back from Mr Levy saying that there will be news very shortly!!!!!

I think "shortly" is just about by now.......................the silence is deafening!

[Last]

Re: Bournes Debt Solutions (Bournes Limited) - FCA requirements & administration

Basically the proposal will be going out this week - which will cover what the position is as regards where they are with segregating/assessing the client money. This has made me probably stupidly optimistic as at least there is money to be segregated/assessed - I'm sure things wouldn't take this long if there was £000 in the many bank accounts. I hope the adminstator is going to do a fantastic job and return some if not all our money - hoping that the Gilbournes have not used our money for other business related things and hoping faith in humanity is returned.........:tinysmile_twink_t2: LOTS OF HOPING!!!!!!!!!!!!

[righty]

Re: Bournes Debt Solutions (Bournes Limited) - FCA requirements & administration

I'm also concerned that they might use the funds to pay other creditors

[righty]

Re: Bournes Debt Solutions (Bournes Limited) - FCA requirements & administration

I'm referring to their other accounts including personal