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Company took money & went into Liquidation.
bex88
Posts: 682 Forumite
Heya, not sure if Ive posted this in the right place.
I paid for a first aid course a while back with a company £121 in cash.
About a week after that, the company sent me an email saying they had gone into liquidation. I've had to do multiple calls and emails to get a reply from them. They told me they'd send a form for me to fill in for my money back.
I eventually got the form and sent it off. A few months later I still had heard nothing from them, I phone them up again and they said it will take some time.
After over half a year I've had a letter through the door from them finally, which a cheque for just over £30 with a letter stating loads of laws and acts on it and saying something about dividing 37p from every pound.
I was shocked to find out that they hadn't given me the full amount back, I know it's not a massive amount but for someone with little money it does leave me wanting to know - is this how it is or is there anything I can do?
I paid for a first aid course a while back with a company £121 in cash.
About a week after that, the company sent me an email saying they had gone into liquidation. I've had to do multiple calls and emails to get a reply from them. They told me they'd send a form for me to fill in for my money back.
I eventually got the form and sent it off. A few months later I still had heard nothing from them, I phone them up again and they said it will take some time.
After over half a year I've had a letter through the door from them finally, which a cheque for just over £30 with a letter stating loads of laws and acts on it and saying something about dividing 37p from every pound.
I was shocked to find out that they hadn't given me the full amount back, I know it's not a massive amount but for someone with little money it does leave me wanting to know - is this how it is or is there anything I can do?
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Comments
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is this how it is or is there anything I can do?
That is how it is when a company goes into liquidation. You become a creditor and when there are insufficient assets to pay the creditors the full amount, you get paid what is available. Often referred to as x pence in the pound.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0 -
Ok, thankyou for the confirmation. A little annoying, but atleast I got some back. Thanks0
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