West 28th Street Limited

[GregRickshaw]

You say that but i will say there is no harm in waiting a few days, seeing exactly what the report says and how people react to it.

i suspect there is enough evidence of fraud within the posters here that various people may be backtracking quickly in the hope of avoiding a very awkward conversation

I hear you eek but it's deja vu I am pretty sure Dan got involved the last time. The report will be excellent and give people lots of hope I'm sure

[shampoo]

I’m not aware of a single person who has been taken to court to date and I can’t see that position changing … if the paper trail was genuine and enforceable then thousands of us would have already been dragged through the courts.

What’s the worst that can happen to me … bankruptcy … hardly the end of the world!

[looperevil]

I’m not aware of a single person who has been taken to court to date and I can’t see that position changing … if the paper trail was genuine and enforceable then thousands of us would have already been dragged through the courts.

What’s the worst that can happen to me … bankruptcy … hardly the end of the world!

They are going to be going to court for sure to test a few cases. The only thing that might stop that is the outcome of Dan's work and the pressure some of us are putting on with our escalations to the FCA. I don't see the FCA allowing these "loans" to be regularised in which case West 28th have nothing to argue in court

[looperevil]

I suspect both Greenwoods and Elysium were probably already aware something was developing before the April correspondence landed, whether through earlier approaches, clients contacting them or otherwise. Greenwoods have since also put out a follow-up video clarifying their position.
I can also understand why there’s now a lot of uncertainty and differing opinions around both firms and overall strategy.
For me personally, one of the biggest issues is simply affordability. Independent advice from a large litigation firm can become extremely expensive very quickly, but equally people are understandably cautious about committing significant money into group actions without clarity on long-term costs or endgame strategy.
I think a lot of us are just trying to work out the least risky route through something that has become far bigger, longer-running and more complex than we ever expected.

No need to suspect. Elysium were fully aware..

I can't speak for Greenwoods though. It still doesn't make sense how they knew about the letters before they arrived

[Validoom]

Just to note West 28 paid a grand total of £30k for the debt and they get 25% of any monies recovered.

It is pretty garratueed that they have made substantially more money as many people have understandably but unfortunately settled with them.

It is unfortunate because unless they have specifically stated that the full debt has been settled they will be back for more.

West 28 are also working with other companies who are based overseas


West 28 are arguing that none of the debts are statutory barred. The belief that some people have that the timer starts when the loan is created is incorrect.

It can be very dependent on details of the contracts and there is no standard contract which is what makes it this whole mess very complex.

For example everybody here can all have different contracts, some might state that the loans do not have to paid back for 10 years, 15, 25, 50, upon death or 75 years of age etc..

This why saying the loans are statue barred might not necessarily be correct, it is a lot more complex

West 28 are very much banking on people ignoring the demands / not getting legal advice and having judgements automatically made against them which is a situation you very much do not want to be in.

Again I stress please do not ignore any demands you recieve from West 28, get legal advice from where ever you feel comfortable with.

[ScotchBonnet]

Just to note West 28 paid a grand total of £30k for the debt and they get 25% of any monies recovered.

It is pretty garratueed that they have made substantially more money as many people have understandably but unfortunately settled with them.

It is unfortunate because unless they have specifically stated that the full debt has been settled they will be back for more.

West 28 are also working with other companies who are based overseas


West 28 are arguing that none of the debts are statutory barred. The belief that some people have that the timer starts when the loan is created is incorrect.

It can be very dependent on details of the contracts and there is no standard contract which is what makes it this whole mess very complex.

For example everybody here can all have different contracts, some might state that the loans do not have to paid back for 10 years, 15, 25, 50, upon death or 75 years of age etc..

This why saying the loans are statue barred might not necessarily be correct, it is a lot more complex

West 28 are very much banking on people ignoring the demands / not getting legal advice and having judgements automatically made against them which is a situation you very much do not want to be in.

Again I stress please do not ignore any demands you recieve from West 28, get legal advice from where ever you feel comfortable with.

I don't understand - who gets the other 75%?

[PhenDi]

I suspect the firms are happy to take the money until there is a problem.

for example were PhenDi to ask Trethowans to explain how the statement is dated from before he moved to that address, Trethowans would be in a difficult position given that they now knew their client was committing fraud with them as a not so innocent accomplice

PhenDi have you sent that details to Dan - he will love it - as it confirms the creation of fabricated paperwork to create a fake story

I heard this on a recent WTT webinar as I am a member.

Before Felicitas disappeared they had agreed a max 1% of the outstanding loans settlement with lots of contractors, then their piece of sh1t Director got barred and none of the deals got completed. Let's think about this, if I was chasing this loan, and I thought I had a really good case, I would not be settling for a tiny 1% max settlement figure, I'd want lots more!!

[looperevil]

Just to note West 28 paid a grand total of £30k for the debt and they get 25% of any monies recovered.

It is pretty garratueed that they have made substantially more money as many people have understandably but unfortunately settled with them.

It is unfortunate because unless they have specifically stated that the full debt has been settled they will be back for more.

West 28 are also working with other companies who are based overseas


West 28 are arguing that none of the debts are statutory barred. The belief that some people have that the timer starts when the loan is created is incorrect.

It can be very dependent on details of the contracts and there is no standard contract which is what makes it this whole mess very complex.

For example everybody here can all have different contracts, some might state that the loans do not have to paid back for 10 years, 15, 25, 50, upon death or 75 years of age etc..

This why saying the loans are statue barred might not necessarily be correct, it is a lot more complex

West 28 are very much banking on people ignoring the demands / not getting legal advice and having judgements automatically made against them which is a situation you very much do not want to be in.

Again I stress please do not ignore any demands you recieve from West 28, get legal advice from where ever you feel comfortable with.

Don't think anybody here has said the statute barred timer starts from when the loan is created. It is 6 years (in England) from when a final demand for payment was made. If yout ignored that demand and never made any payment or acknowledged the debt, 6 years has now likely passed for most people.

[MrO666]

I don't understand - who gets the other 75%?

I would bet my last £ that any foreign people involved would be based in Malta, and would have a surname of Sacco.

[eek]

Just to note West 28 paid a grand total of £30k for the debt and they get 25% of any monies recovered.

It is pretty garratueed that they have made substantially more money as many people have understandably but unfortunately settled with them.

It is unfortunate because unless they have specifically stated that the full debt has been settled they will be back for more.

West 28 are also working with other companies who are based overseas


West 28 are arguing that none of the debts are statutory barred. The belief that some people have that the timer starts when the loan is created is incorrect.

It can be very dependent on details of the contracts and there is no standard contract which is what makes it this whole mess very complex.

For example everybody here can all have different contracts, some might state that the loans do not have to paid back for 10 years, 15, 25, 50, upon death or 75 years of age etc..

This why saying the loans are statue barred might not necessarily be correct, it is a lot more complex

West 28 are very much banking on people ignoring the demands / not getting legal advice and having judgements automatically made against them which is a situation you very much do not want to be in.

Again I stress please do not ignore any demands you recieve from West 28, get legal advice from where ever you feel comfortable with.

So firstly how the f*** do you know that sort of internal information

But it is why Dan’s report is so important

if the loans aren’t employer loans and therefore are subject to the CCA then the loans are illegal and not enforceable.

The great thing is that illegal lending is a criminal offence and the courts are happy to jail those involved. Andrew may wish to think about that before sending more paperwork out