taken to the cleaners by bent receivers and the like

I've recently been contacted by someone I knew a while ago through my research work. In 2008 he had a small business debt, under 2 grand.

I don't have the full story but he went into hospital for treatment for a couple of weeks - he's getting on a bit now - and let it get out of hand.

The bottom line is that Price Waterhouse and associated scum have run up a "debt" of sixty grand with all sorts of creative book-keeping.

My friend hasn't been served very well by his own lawyer but it seems every way he turns they're coming after him for money.

Does anyone have any (intelligent) suggestions as to what he should do?

I thought at first the court wouldn't entertain this sort of nonsense but I've just seen something even more ridiculous where the High Court has given a judgment for over 300 grand over a relatively trivial property dispute.

Thanks in advance

Reply to
thedarkman
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if only he was an MP then all would be well...............

Reply to
Mark Opolo

When you get the partners in the business charging £1200 per hour , office juniors £300 per hour , even the tea lady £100 per hour it doesnt take long to run up £60K

Not a lot he can do

Reply to
steve robinson

I think that he can argue that the creditor did not act reasonably

using a large corporate accountancy firm to chase a debt of 2K is not IMHO a reasonable thing for someone to do

tim

Reply to
tim....

This all reminds me of Roger Jones, pig farmer of Deddington, and his bewilderment when his failure to run his business properly resulted in bankruptcy and vast debts. You can google it.

Roger used to be a regular here. Hope he's still in good health.

Reply to
The Todal

Why , we are not getting the whole story here no business is going to bring in the big guns over a debt 14 days overdue there is more to this than meets the eye

Reply to
steve robinson

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