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Edge EBT thread

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  • Dilbert
    replied
    Originally posted by EdgedOut View Post
    What is your opinion of the "indemnity" they are asking you take on the loan write off, please?
    Did you just figure that's the trustee's safety net in case HMRC go after them for IHT, or is there more to it, in your opinion?
    What did you do about the indemnity in the end EdgedOut? WTT are advising me to challenge it but I'm not sure we're in a strong negotiating position. Did you just go with it?

    Leave a comment:


  • EBTContractor
    replied
    Originally posted by jbeer View Post
    Hi,

    Has anyone had their loan written off recently and willing to share what was involved, i.e. cost, process, guarantee ?

    Cheers
    I have the same questions....

    Leave a comment:


  • jbeer
    replied
    Anyone had loan write off

    Hi,

    Has anyone had their loan written off recently and willing to share what was involved, i.e. cost, process, guarantee ?

    Cheers

    Leave a comment:


  • webberg
    replied
    Originally posted by Talgarth View Post
    What indemnity?

    I was going to look into getting my loan written off so would be keen to know!
    I suggest you ask Edge and they will share their indemnity with you.

    Leave a comment:


  • Talgarth
    replied
    Originally posted by EdgedOut View Post
    What is your opinion of the "indemnity" they are asking you take on the loan write off, please?
    Did you just figure that's the trustee's safety net in case HMRC go after them for IHT, or is there more to it, in your opinion?
    What indemnity?

    I was going to look into getting my loan written off so would be keen to know!

    Leave a comment:


  • eek
    replied
    Originally posted by Seven777 View Post
    Thanks for that. All quite confusing.

    Paid APNs back then, but I think I need professional help / advice on getting these loans written off.

    Does anyone have any recommendations, please?

    Thanks.
    Wtt

    Leave a comment:


  • Seven777
    replied
    Originally posted by eek View Post
    See all the Felicitas threads especially https://www.contractoruk.com/forums/...more-real.html
    Thanks for that. All quite confusing.

    Paid APNs back then, but I think I need professional help / advice on getting these loans written off.

    Does anyone have any recommendations, please?

    Thanks.

    Leave a comment:


  • eek
    replied
    Originally posted by Seven777 View Post
    This landed in my inbox tonight which I thought I'd share. Thoughts please?

    -------------------------------------

    Anybody who has been issued a statutory demand by the solicitors for Felicitas, where you are NOT being helped by WTT or Elysium Law, are urged to contact us as soon as possible via litigation@hmrcloancharge.info.

    A statutory demand is a formal document issued by a court and will probably be headed with words to the effect of "Statutory demand issued under section 286(1)(debt payable immediately) of the insolvency Act 1986".

    These are not to be taken lightly and will result in enforcement of the debt if not rebutted.

    Immediate action is required and we can help with that if you get in contact by replying to this email or via litigation@hmrcloancharge.info.

    We are on standby to expedite action for those that need help.
    See all the Felicitas threads especially https://www.contractoruk.com/forums/...more-real.html

    Leave a comment:


  • Seven777
    replied
    LCAG Email

    This landed in my inbox tonight which I thought I'd share. Thoughts please?

    -------------------------------------

    Anybody who has been issued a statutory demand by the solicitors for Felicitas, where you are NOT being helped by WTT or Elysium Law, are urged to contact us as soon as possible via litigation@hmrcloancharge.info.

    A statutory demand is a formal document issued by a court and will probably be headed with words to the effect of "Statutory demand issued under section 286(1)(debt payable immediately) of the insolvency Act 1986".

    These are not to be taken lightly and will result in enforcement of the debt if not rebutted.

    Immediate action is required and we can help with that if you get in contact by replying to this email or via litigation@hmrcloancharge.info.

    We are on standby to expedite action for those that need help.

    Leave a comment:


  • EdgedOut
    replied
    What is your opinion of the "indemnity" they are asking you take on the loan write off, please?
    Did you just figure that's the trustee's safety net in case HMRC go after them for IHT, or is there more to it, in your opinion?

    Originally posted by ammark View Post
    I have been able to get a writeoff...
    Last edited by EdgedOut; 17 November 2020, 12:20.

    Leave a comment:

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