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Zinc for Hoist - chasing overdraft of a closed limited company


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Hello all, Need some information for a friend...

 

She was a director for a limited company but the company had money problems and ceased trading and has been closed down.

 

Lloyds are chasing her for an outstanding debt for an overdraft she had with her limited company. The Debt has now been sold to a debt collector who is now harrassing her with letters and stipulating money must be paid.

 

Can someone tell me if the director is liable for the debt, or the limited company itself is liable?

 

Many thanks

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There is not 7 days slow down and don't panic

Which debt collector is this they have no powers

 

How was the limited company wound up

 

They should not be going after her

How much is the debt for

If i have helped in any way hit my star.

any advice given is based on experience and learnt from this site :-)

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Had your friend given any personal guarantees?

If she hasn't then there is no liability on her part unless there is a court order

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The limited company was wound up due to recession and financially hardship it was no longer trading.

 

The debt collect is Zinc Recoveries they purchased the debt from Hoist how purchased the account from Lloyds banking group

 

The debt is for £5232.45

 

She is told to pay £3401.09 now or within 3 month

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Your friend needs to send a Subject Access Request to the original creditor - that way they will likely obtain copies of any documents/guarantees.

 

http://www.consumeractiongroup.co.uk/forum/showthread.php?387306-Full-Subject-Access-Request-**Updated-January-2015**

It will cost £10.00 and the company has 40 calendar days in which to provide this.

 

I don't think it will do any harm if they also write to the company that is pursuing the debt and ask for proof of debt.

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They're bluffing. Its been sold twice and you've got a substantial discount. Time to get your paper work in order.

Any advice i give is my own and is based solely on personal experience. If in any doubt about a situation , please contact a certified legal representative or debt counsellor..

 

 

If my advice helps you, click the star icon at the bottom of my post and feel free to say thanks

:D

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zinc. they never chase real 'debts'

 

 

pers I'd ignore them

 

 

just remember they [DCA's] ARE NOT BAILIFFS

 

 

and have

 

 

NO SUCH LEGAL POWERS.

 

 

dx

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

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