A friend of mine also received one this weekend. His wasn't an administrative write-off, it was a settlement offer for nearly £20k
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Things about to get very serious and much more real? / Felicitas Letters
Collapse
X
Collapse
-
-
I got an email on the 13th Demanding that I pay over 45k to them before the 20th August.
They kindly supplied a sort code and account number for me to transfer the funds. ?
This will get ignored, as has all other correspondence from them. All very bizarre.
Obviously upto everyone else how they wish to approach it but i’m not bothered about this at all. I’m more worried about what i’m having for dinner tomorrow night.Comment
-
What I'm trying to workout is why some have been given heavily reduced offers, and others have been asked for the full amount.Comment
-
Originally posted by MrO666 View PostWhat I'm trying to workout is why some have been given heavily reduced offers, and others have been asked for the full amount.
Reasons could be scheme, quality of their paperwork, amount of communication, reason used for rejection of Statutory Demand, group used for previous rejection of debt.
Basically we just can't know as we won't have a big enough dataset.
Personally though unless and until they start court cases in the correct court I still think they are trying it on (and yes, I know it's stressful for anyone involved).Last edited by eek; 17 August 2021, 08:10.merely at clientco for the entertainmentComment
-
You could be right eek.
One thing that's making me even more suspicious though, is that in every single "offer" I've seen (I've seen three now), the value of alleged loans has always been slightly less than what's been demanded in previous attempts. This make me wonder what game they're playing. If you were to take this on face value (we we won't), then you could think you had settled, only for them to come back and make a full demand for the "remaining" balance. The fact that all three I've seen are technically wrong, this makes me think it's not an oversight.
For anyone looking at this as an option, I would want to ensure that any settlement included every penny of all alleged loans, not the lower figure that they are offering to write off, just to avoid any future comeback.Comment
-
This is the wording in my letter:
However, it is our preference not to demand full repayment now. We do not think you could or would pay.
Instead, we offer to write off the debt, in exchange for an administration fee. This offer is made without
prejudice to our right to enforce collection of the outstanding balance, should you decline the offer. If you
pay an administration fee of £ 775, we will write off the entire debt, including any interest. To accept this
offer, please make payment to our agent as follows. You will automatically receive a letter, signed by a
company director, confirming that the debt has been written off and that you will never have anything
further to pay. The offer expires 31 August 2021.Comment
-
Received my email and text over night.
Continued harasment - has anyone went down that route yet?
Offer 1.5% of so called loans amount.
Offer and we will write of the loans in BOLDComment
-
Do some people have the wording "write-off the loans" and some "write-off the debt"? Just wondering if there's a legal difference between the two ways it's wordedComment
-
Irrespective of the differing wording used in these settlement offers should I agree to settle they would be required by my barrister to issue a legal document from a registered solicitor/barrister stating that which will dissolve everything.
If I don't agree and we meet in court they will also be incriminating the trustees plus the accounting company (which acted for them in my case) as under the data protection act they maybe held responsible for providing personal data without consent!Comment
-
Originally posted by WJK View PostIrrespective of the differing wording used in these settlement offers should I agree to settle they would be required by my barrister to issue a legal document from a registered solicitor/barrister stating that which will dissolve everything.
If I don't agree and we meet in court they will also be incriminating the trustees plus the accounting company (which acted for them in my case) as under the data protection act they maybe held responsible for providing personal data without consent!
As with my statement regarding whether the loan is valid, don't assume that what you think is right regarding personal data would help you here.
merely at clientco for the entertainmentComment
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Streamline Your Retirement with iSIPP: A Solution for Contractor Pensions Sep 1 09:13
- Making the most of pension lump sums: overview for contractors Sep 1 08:36
- Umbrella company tribunal cases are opening up; are your wages subject to unlawful deductions, too? Aug 31 08:38
- Contractors, relabelling 'labour' as 'services' to appear 'fully contracted out' won't dupe IR35 inspectors Aug 31 08:30
- How often does HMRC check tax returns? Aug 30 08:27
- Work-life balance as an IT contractor: 5 top tips from a tech recruiter Aug 30 08:20
- Autumn Statement 2023 tipped to prioritise mental health, in a boost for UK workplaces Aug 29 08:33
- Final reminder for contractors to respond to the umbrella consultation (closing today) Aug 29 08:09
- Top 5 most in demand cyber security contract roles Aug 25 08:38
- Changes to the right to request flexible working are incoming, but how will contractors be affected? Aug 24 08:25
Comment