Recent content by stressedout

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    efg loan default

    I'm new to this thread. Background info - My husband signed a PG for an EFG back in 2009. Sadly the company went into administration. A typical case of miss-selling by RBS that everyone has talked about. Not just one but two corporate managers told us that he would only be liable for 25% of the...
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    50%shareholder insolvent partner won't liquidate

    Big problem with that because the supplier will lose & my contacts in the industry - so it would have an affect on my future career. We also have a joint several pg on the EFG loan.
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    50%shareholder insolvent partner won't liquidate

    This is like trying to unravel a ball of wool & we are at our wits end. The company has orders in the business & providing everyone pays & no disputes - (which we often get in our business) we can last up to 8 months. But depending if the invoices get paid on time. Situation now is that the...
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    50%shareholder insolvent partner won't liquidate

    Hope someone can give me advice. Went into business 3 years ago 50/50 shareholding (big mistake). It is a sole agency with a company therefore one supplier selling to various customers. Co director's father put money in for set up costs. It was agreed as I had the relationship with the supplier...
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