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Response to Its begun

from Steve (cantsay@co.com)
Thanks for the info, I have filed the N9B form already and also stated mis-selling of the MIG for counterclaim. Together with unreasonable time to sell property on, therefore pro-tracting interest accrual and underselling so got a few bits to lob at em.

I have found some great info about 12 for principal & 6 years with which to sue for interest. This implies the principal can only be claimed in this case, so there claim is invalid at the moment. Not that this will affect any eventual outcome of course :-)

Im loathe to negotiate settlement and would rather wait until court hearing, one interesting point being that they havent requested a court hearing yet. On the application it says without hearing, I presume this is another way for them to try for me to admit liability of the debt and provide I&E to the court rather than them. If that is their intention I have stuffed that for them by not admitting liability and filing defence.

At the end of the day I am in a pretty good position, I am self employed with only 7 weeks of guaranteed work left, I have no assets (I rent) and I would willingly go bankrupt if necessary just to give em the bird! lets seee........

good luck to anyone else in my position.

Steve

(posted 7625 days ago)

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