CMC gone out of business

[Deleted User]

Atrube wrote: »

They may be loosing out on further potential interest, but certainly the interest of 13.9% on top of the £20k is being paid.

As I said earlier, this probably accounts for your confusion over how they have worked out the redress offered to you.

The only way to be sure is to contact the solicitors handling your case.
Can you explain why you have allowed eighteen months to pass without querying this already?

Atrube

Moneyineptitude wrote: »

Can you explain why you have allowed eighteen months to pass without querying this already?

Will I need to?

[Deleted User]

Atrube wrote: »

Will I need to?

No, I meant I was curious to know myself!:D

Atrube

Moneyineptitude wrote: »

No, I meant I was curious to know myself!:D

Oh right, sorry, yes well life has just been tough, self-employed, recession etc and because I wasn't dealing with it myself, it was kind of 'out of sight, out of mind' and suddenly, wham 18 months gone by.

Atrube

So all that said, should I be fighting in line with my thoughts as per above, or should I be accepting what I see as part settlement based on part payment to date?

[Deleted User]

Atrube wrote: »

should I be fighting in line with my thoughts as per above, or should I be accepting what I see as part settlement based on part payment to date?

You need far more information in order to proceed wisely.

Everyone here is without this information too and so cannot really advise further.

Atrube

Moneyineptitude wrote: »

You need far more information in order to proceed wisely.

Everyone here is without this information too and so cannot really advise further.

Ok thats fair enough, understood.

So I will contact DG direct and get their explanation. My initial concern was just whether there was a six month time limit or something, which i had missed.

Will come back on here when I get their response.

Many thanks.