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will the or seek undervalue transactions even if the person flees before BR?

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Comments

  • I think you need to seek legal advice before you pay her anything.

    If you do pay her, it now needs to be official. Otherwise when the OR comes after you he'll want the whole lot back, at least if you can prove you've paid some back you can reduce the amount they can take.

    On the other hand if she's plannning on doing a runner and leaving you to sort out her deep !!!!!! why bother paying her anything. You'll need that money yourselves to cover legal fees for advice you now need to take.

    if she does a runner the OR wont know where the 100K went anyway...
  • Can the OR only request you pay up any monies given to you (especially if there names not on the house deeds) and not force you to.

    And unless its fraud your friend would get slapped with a BRU/O for disposing of the monies.

    Reading the BRU/Os on the insolvency site people have had there BC extended for stuff like saying they chucked 10k in the river!!!!! (which is utter bollox really).
    "Well, that sounds like a pretty good deal. But I think I got a better one. How about I give you the finger, and you give me my phone call"
    "There is no spoon
    "

    ~~MSE BSC member #172~~
  • if she does a runner the OR wont know where the 100K went anyway...

    will they not make he BR in her absence and then investigate her accounts and see the transfer to me?
  • peachyprice
    peachyprice Posts: 22,346 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Yes, they will.
    Accept your past without regret, handle your present with confidence and face your future without fear
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