Bournes Debt Solutions in administration

Get_my_money_back

I am trying to be optimistic and hoping that there will be enough money from their bank accounts/assets to allow them to pay all the money back they have taken/stolen/mis-placed what ever!!!:mad:

Barnaby

Hello an update from me the OP.
Fermi's comments are correct they are in the hands of LA Business Recovery.
For me I have joined Step change and am half way through getting update debt amounts from my creditors. It seems some creditors got paid last month but not all but all got their payment in July?
I am also considering Equity Release through Step Change as the best way to go and am well into that process.
Step Change have issued me an ID number and said to offer it to any creditor that I contact.
I have got most of my creditor amounts and made some pro-rata offers based on the ratios off Bournes spread sheet, basically 60% to 70%.
One creditor is not playing ball insisting on a minimum of 75% which will put the amount about the pro-rata figure on the total funds I will raise.
What's the best option with them just continue to pay the minimum payment, any one got any ideas.
Also Barkly's seem to have differing procedures for doing settlements.
B have said it will not be a FULL & FINAL SETTLEMENT but will add on my credit file 000 as owing but acc not satisfied.
Bcard on the other hand say the same thing but that they won't put 000 any where.
Both say they will not pursue and will give a letter to that a effect if I pay by plastic.


Regards

fermi

fermi

https://www.thegazette.co.uk/notice/2203965

Notice details

Type: Corporate Insolvency Appointment of Administrators
Publication date: 1 October 2014, 15:41
Edition:The London Gazette
Notice ID:2203965
Notice code:2410
About Appointment of Administrators notices


Appointment of Administrators

In the High Court of Justice
No 6631 of 2014

BOURNES LIMITED

(Company Number 06672088 ) Other Names of Company: Bournes Debt Solutions
Registered office: 3 Beasley’s Yard, 126a High Street, Uxbridge, Middlesex UB8 1JT. Former registered office: 229 Nottingham Road, Eastwood, Nottingham NG16 3GS
Principal trading address: 12 Tib Lane, Manchester M2 4JB

The Insolvency Act 1986

On 18 September 2014, I Peter Maurice Levy of LA Business Recovery Limited, 3 Beasley’s Yard, 126a High Street, Uxbridge, Middlesex UB8 1JT, was appointed by the above named company as Administrator pursuant to paragraph 22 of Schedule B1 of the Insolvency Act 1986.

Please be advised that specific queries will not be answered by telephone because the appropriate case manager may not be able to deal with these. Please put specific queries and concerns either in writing or by email (to the below email address). The Administrator or the case manager will endeavour to deal with these as soon as reasonably practicable. Clients and creditors are requested to register their claims and concerns by email, attaching to their correspondence full contact details and information pertaining to their claims, circumstances and any specific concerns they may have. The Administrator is acting as an agent of the company and without personal liability.

Contact names for general enquiries are Miss Eva Martin or Mr Virgil Levy.

Contact email: [EMAIL="Bournes@labusinessrecovery.com"]Bournes@labusinessrecovery.com[/EMAIL]

Postal address: 3 Beasley’s Yard, 126a High Street, Uxbridge, Middlesex UB8 1JT

Telephone no: 01895 819460

Peter Maurice Levy (IP No. 4723 ), Administrator

Bucka724

Hi all,
I am in a similar situation here like many of you. I am wondering if the best route is to write to all my creditors myself and offer to carry on paying the payments i currently pay to them via Bournes. Thoughts?
Since i have been on a DMP, my credit rating has shot back up over the past 5/6 years and i will do all i can to keep this from getting worse again. I have one default left on my credit report which is due to come off this December. Although, i will still owe quite a substantial amount (£20000+, i am optimistic of being able to get some full and final settlements. My plan is to save up the money myself (already saved a few thousand) and pay off my creditors as a reduced final settlement figure once all are off my credit report.
Be warned - i believe that if i settle an account prior to the default coming off my account, i believe it will then stay on there for another 6 years after being settled which i do not want

If anyone else has any further advice on this situation or they feel i could be doing something else to improve my position, please let me know.

Lippyvoss

The worst thing is that they used our client funds to fund the set up of a new company, Clicknow4jobs, which I believe they are running from Fountain St in Manchester, stealing money from poor people, then getting away with it to run another company, paid for by us! It's just a disgrace

DTC57

I took Bournes to County Court in September 2012 for not paying my creditors. I had original copies of letters from Barclaycard, RSB and others stating they received nothing for months. In his wisdom, amidst Bournes lawyer pathetically pretending I was intimidating him (he told the judge he feared for his safety) the judge ruled in favour of Bournes, stating that a photocopy of a printout of a computer program called 'Casetracker' was adequate evidence that Bournes was paying my creditors and totally disregarded my letters of evidence from banks. What a joke! Anyway, at least Michelle Gilbourne and cronies have eventually got what they rightly deserve. Or at least I sincerely hope so.....

fermi

IMPORTANT for Bournes customers - Please read.

Administrator's proposals (PDF)

Reply form 2.25B (PDF)

glentoran99

Bucka724 wrote: »

Hi all,
I am in a similar situation here like many of you. I am wondering if the best route is to write to all my creditors myself and offer to carry on paying the payments i currently pay to them via Bournes. Thoughts?
Since i have been on a DMP, my credit rating has shot back up over the past 5/6 years and i will do all i can to keep this from getting worse again. I have one default left on my credit report which is due to come off this December. Although, i will still owe quite a substantial amount (£20000+, i am optimistic of being able to get some full and final settlements. My plan is to save up the money myself (already saved a few thousand) and pay off my creditors as a reduced final settlement figure once all are off my credit report.
Be warned - i believe that if i settle an account prior to the default coming off my account, i believe it will then stay on there for another 6 years after being settled which i do not want

If anyone else has any further advice on this situation or they feel i could be doing something else to improve my position, please let me know.

No will be removed 6 years after default, settled or not

sourcrates

In answer to previous posts, any of you guys who were with Bourne's, (or still are with any similar companies), and are thinking of self managing your DMP,


Do so, its really simple to do, and gives you back control, and piece of mind knowing that your creditors have been paid, and that no 3rd party firm can simply go bust, taking all your cash with them.


There is a little leg work to begin with, but once payments are all agreed, and set up, you can simply pay via online banking every month, at the press of a key, simples !!!!!!