Gothikdesigns
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Phoenix business agents again
Gothikdesigns replied to Ragingball's topic in Business -other finance issues
Hi. Did you get sorted out? They LOST in court. See other page of thread. -
Hi everyone Have stayed off phone as advised. Someone at PBA have texted me today from a mobile 07537 404574 - in CAPITALS - saying "please contact phoenix business sales on 0844 567 5016 as a matter of extremem urgency. Failure to do so may result in a statutory demand being issued for your personal bankruptcy. Can they do this or is it just a way to try to get me tp pay their penalty invoice?? Please help. its quite scary and very upsetting. Do I need to write to them again and say I am not paying? And do I need to give them my new address as moved house in June? Please help asap. thanks
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Pheonix business debt - Small claims query
Gothikdesigns replied to cococo's topic in Business -other finance issues
I saw this clause to pay them the 3000 and when I pointed it out to peter abbot he said it was just 'admin and as he had agreed zero marketing/ admin fees then it would nbot apply. No sale no fees he kept saying so long as I caNcelled AFTER the time li in the contract. Which I did. Then I hit the invoice and the tel calls first offuce the amount - no figug given but then threatd with court action. QUOTE=Toby Erlam;4106390]I was approached over 6 months ago to sell my restaurant business through a company called Phoenix Business Agents based in Oxfordshire. A representative came out and valued my business for sale. He told me that there would be an up front fee for marketing the business and then a one off fee of £5,000 to pay from the sale of the business. He valued my business at £100,000 and it was to be on the market for 6 months. At no point was I told of any cancellation fee for removing the property from Phoenix. After 2 months I had had no interest in the business and had received little or no information from Phoenix with regard to any viewing etc.. Phoenix told me there was plenty of interest in the restaurant but they would only contact me if someone wanted a viewing. Still nothing. On calling and hounding Phoenix, I told them I no longer wanted to sell the business through them because I didn't feel they were doing a good enough job, they informed me they thought the business had been over valued and I should therefore reduce the asking price by £20,000 to £80,000 which I did. In the 6 months it was on the market I had two viewings. I ended up having all correspondance with the potential buyers personally as it became apparent despite daily phone calls to Phoenix nothing was moving. In fact both the potential buyers chose to contact me directly as they were getting little joy through contacting Phoenix direct. By late November it became apparent Phoenix were not going to sell the business for me, and after finding out my agent had gone on holiday for a month leaving no one at the office dealing with my property, I told Phoenix I wanted to leave. I was advised to tell them in writing and the policy would be cancelled, at no point was I told of any cancellation fee. It was to my horror that the very next day I received a bill for £3,000 plus VAT! I then received constant phone calls from Phoenix (ironic considering the lack of calls whilst the business was for sale) demanding the fee was paid in full or I would be taken to court. I explained I couldn't pay this fee as I didn't have the money, and Phoenix allowed me to pay half the fee that day and the other half a month later. Sadly I agreed and paid half the fee. I then discovered that many people had experienced the same treatment from Phoenix, and there had actually been a programme on television called "Rip off Britain" all about Phoenix and there fees, which tantamount to fraud! I have decided not to pay Phoenix a penny more and they are threatening to take me to court. Will I end up having to pay? -
Pheonix business debt - Small claims query
Gothikdesigns replied to cococo's topic in Business -other finance issues
They've told me the same and then threatened me with court action. What happened? QUOTE=vanity nails;3649447]Thank you for your information. But we've been told (by them) that because we were signing on behalf of our company, the agreement is a business to business one. Therefore, the consumer act regulation doesn't apply. Is that correct ? -
]Hi Machine, Disgruntled and Ragingbull - a group would be an excellent idea. I suspect one or both of the two I am assisting with will end up in court and if we can all work collectively, provide statements for each other to demonstrate the way they do business and success stories then that should be of great use. Do let me know if a group is created as would be happy to assist