Recent content by Arjessa

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    Token Payments or bankruptcy?

    Thanks for that, but have already gone through all those web sites and rang also. More confused than ever now! Was told that Creditors could not 'not' accept the one pound offer per month, but have had one do so this morning and are now passing it on to a Debt Collection Agency. Where does...
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    Token Payments or bankruptcy?

    If my Creditors agree (I'm informed that they have to agree) to a one pound per month payment as my income is equal or less than my outgoings, how long does this have to go on for? If my income remains the same for some years, would this eventually be 'written off' or would i be expected to pay...
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    Can a DRO/Bankruptcy Order lay claim to 'Future' Inherited Property??

    Hi, We had our names put on the deeds as my mother is 89 and it would save further fees in transferring the title across when she does 'go', although we hope she gets that telegram from whoever is Monarch at the time. Also, second reason being that she is 89 and doesn't understand any paperwork...
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    Can a DRO/Bankruptcy Order lay claim to 'Future' Inherited Property??

    Hi, We had our names put on the deeds as my mother is 89 and it would save further fees in transferring the title across when she does 'go', although we hope she gets that telegram from whoever is Monarch at the time. Also, second reason being that she is 89 and doesn't understand any paperwork...
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    Can a DRO/Bankruptcy Order lay claim to 'Future' Inherited Property??

    I am currently wanting to apply for either a DRO or Bankruptcy after closing our business that has left us deep in debt, but am concerned as to whether Creditors can insist on claiming any property due to one as a beneficiary, even if that be 10 years off? OUR SITUATION BEING; My mother is 89...
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    Bankruptcy or Debt Relief Order?

    We just came out of running a failing Public House that the landlord accepted our surrender of the lease. It was a privately leased pub, not ties to any breweries, but now we are left with lots of bills, some I am managing to pay off a small sum weekly, but some are too big (including the VAT...
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    Insolvency??

    If I declared Bankruptcy, can the courts force you to sell your home or car? Do they come and look around at what valuables you have? How far do they investigate one's assets if any? If I declared Bankruptcy myself, does that put a stop to any bills owing or is there a limit and I still have...
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    Who owns the furniture when Buying a Pub Lease?

    I have just found a clause under the Agreement for Sale Document that states; "The Seller shall sell to the Buyer....all the property, assets and rights owned by the Seller and used in the conduct of the Business including but without limitation the Goodwill and the Equipment" We paid 10,000...
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    Can I escape my pub lease early and get fixtures payed?

    Not a bad idea Daniel but the profits we make each week, a percentage of that would be a small pittance or leave nothing for other bills. Only make 700 last week and 400 before that, when this time last year Pub was making about 3,500 per week. A big difference. I think it's a case of too...
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    Who owns the furniture when Buying a Pub Lease?

    Thanks, I will take a look - But if the Terms of the Lease are broken, as they will be if I can't get the rent money together shortly - what then? Thanks again!
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    Who owns the furniture when Buying a Pub Lease?

    Does anyone know whether the Landlord or the person taking on the Lease owns the furnishing and non-fixed items that came with the Pub? We bought a 15 years Lease but not sure whether the furnishings now belong to us or still to the Landlords who have the freehold. Wondering whether I can sell...
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    Insolvency??

    Thanks, we are struggling and cannot pay off all the mounting bills. If we could pay them then there would be more money going out than coming in!
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    Can I escape my pub lease early and get fixtures payed?

    Ha ha....good one, but haven't banned anyone - in fact we have un-banned a couple. Just found out our chef, who has been off on sick pay with a nervous breakdown of sorts ever since the Council's Health Inspector visited last, had been telling a few 'porkies' and exaggerating a few facts that...
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    Can I get any of my Lease money back??

    Thanks but no, we are not a limited company - just husband and wife partnership.
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    Can I escape my pub lease early and get fixtures payed?

    Thanks, but we really liked the locals to begin with - our thoughts and opinions have changed since and once we've heard the gossip spreading around!
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