Assets seized without my consent

Peppapig

lushbabe12000 wrote: »

You have managed without the furniture for 3 years - it has been a hard lesson learnt, it may be time to let go and get on with your life, being very cautious of any future relationships!!

You could drag this out for ages and it will get you nowhere, think of yourself now before you damage your health which is much more important than material belongings.

Take care..

I have to agree with lushbabe here. A lot of the other posters have made very valid points and I could add my two-penneth but the fact is that your partner has betrayed your trust for whatever reason and that probably hurts as much or even more than the monetary loss.

Only you know if your relationship is worth salvaging so I won't comment on that but I think you have very little chance of seeing any of the money you have lost and for your own sanity you might be better to chalk it up to experience, let it go and move on.

Don't let it put you off trusting someone else in future but make finances a joint responsibility so that you both know exactly where things stand. Good luck to you.

daytona0

vuvuzela wrote: »

The OP was asking for help, not unwarranted criticism.

Haha unwarranted??

There is no help on this occasion and making them aware o the stupidity o the situation may serve to ensure that 2 things happen;

1. OP re-considers the relationship (doubt it)

2. OP doesn't leave 100k worth o items in someone else's possession again


Oh and it is a great lot on storage hunters. Just wish I was there to pay 10k and sell it on 4 100k :cool:

Partner-in-debt

Peppapig wrote: »

I have to agree with lushbabe here. A lot of the other posters have made very valid points and I could add my two-penneth but the fact is that your partner has betrayed your trust for whatever reason and that probably hurts as much or even more than the monetary loss.

Only you know if your relationship is worth salvaging so I won't comment on that but I think you have very little chance of seeing any of the money you have lost and for your own sanity you might be better to chalk it up to experience, let it go and move on.

Don't let it put you off trusting someone else in future but make finances a joint responsibility so that you both know exactly where things stand. Good luck to you.

Thanks for your kind words. I really appreciate that.

Partner-in-debt

daytona0 wrote: »

Haha unwarranted??

There is no help on this occasion and making them aware o the stupidity o the situation may serve to ensure that 2 things happen;

1. OP re-considers the relationship (doubt it)

2. OP doesn't leave 100k worth o items in someone else's possession again


Oh and it is a great lot on storage hunters. Just wish I was there to pay 10k and sell it on 4 100k :cool:

Sad to see you taking some inane satisfaction from my misfortune.

Partner-in-debt

dimbo61 wrote: »

Great lot on storage hunters
You put £100,000 worth of assets in storage with No Insurance !!!!
Did you notice the cost of your home Insurance every year ?
You need to declare any item over what £500/1000 to the insurance company.

I had insurance for loss theft or damage whilst the goods were in storage. But no amount of insurance will protect you in this situation. My ex entered a contract on behalf of us both with the storage company and broke it when she didn't pay them and hid this fact from me.

Partner-in-debt

Pollycat wrote: »

The OP said the furniture was over £100,000 in value, not that he'd actually paid £100,000 for it.



Re her obtaining finance on their property & whether the property is morgaged, the OP says they sold a large house and moved into a flat - I'd guess that they were renting but I may be wrong.


I agree that she needs to sort out her debts - especially as she has apparently been so stupid to drive whilst not insured or taxed - there's lots of advice on the Debt-free Wannabe board but she needs to be ready to face up to her financial situation first.
Unless of course she is really financially savvy and has lots of money salted away over the last 15 years.

I hope you are wrong on the last point. I would think someone who has such a nest egg would cut so many corners, but its clear I don't really understand her any more.

Partner-in-debt

happyinflorida wrote: »

OMG I can't believe anyone would spend £100K on furniture in the first place or have that amount to spend - I'm still getting over the shock of that!

I would certainly go through everything very carefully to find out if there is anything else.

Has she got any debts that she has put in your name?

Has she obtained any finance on your property?

I would get a credit check done on her with every credit check company you can find - money well spent - in case there's anything else she isn't telling you about.

Why has she got into debt?

Is there a reason for it?

She could be ill - this is one of the symptoms of bi-polar.

Is your current property mortgaged to you both?

If yes, you could have a big problem depending on any equity in the property.

I'd suggest she addresses her debt problem by contacting "credit.org" who can counsel her over the debt problem and help sort it all out - she will have to do a bit of work here but may well save her a lot of heart ache later and help sort the debt problem out.

The furniture cost a lot more than £100k and was accumulated over a long period. The house we sold was quite large and it wasn't just furniture, it was all the fixtures and fittings, electrical items(basically the entire contents of a big detached property). The only solace I have is to ask myself the question, would I pay the £20k she owed the storage company to get the items back or would I rather buy £20k of new items? Now that a few weeks have passed it does feel quite cathartic to make a new start without all that baggage (of all kinds).

Partner-in-debt

happyinflorida wrote: »

OMG I can't believe anyone would spend £100K on furniture in the first place or have that amount to spend - I'm still getting over the shock of that!

I would certainly go through everything very carefully to find out if there is anything else.

Has she got any debts that she has put in your name?

Has she obtained any finance on your property?

I would get a credit check done on her with every credit check company you can find - money well spent - in case there's anything else she isn't telling you about.

Why has she got into debt?

Is there a reason for it?

She could be ill - this is one of the symptoms of bi-polar.

Is your current property mortgaged to you both?

If yes, you could have a big problem depending on any equity in the property.

I'd suggest she addresses her debt problem by contacting "credit.org" who can counsel her over the debt problem and help sort it all out - she will have to do a bit of work here but may well save her a lot of heart ache later and help sort the debt problem out.

Luckily I owned the house we sold and there was no joint mortgage. I have checked both her and my credit reports and there is nothing else on there that she hadn't confessed to.I don't think there are any debts in my name although with identity theft its very hard to know for sure.

Partner-in-debt

Thanks to everyone who gave their advice on this situation. Having now checked the paperwork that my ex has in her possession, it seems that whilst she signed the inventory of items stored, she never actually signed the contract with the terms and conditions. My lawyer is now saying that since there is no contract and the goods are mine and not my ex's, the storage firm had no legal basis for asset disposal as they could not be certain of ownership. Having spoken to the storage firm again, their story seems to be changing. They have now apparently 'retrieved a lot of my items from the auction house'. Which seems very strange since they had told me previously that everything was sold. Any advice on next steps?

hollydays

Wow. Nothing to add. Lawyers letters is the way forward I imagine.asking the name of the " auction house "is the only thing that springs to mind.