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Managing Agent run off with money. Who is liable for outstanding debt?

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  • GDB2222
    GDB2222 Posts: 26,194 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    The OP says "A solicitor has advised that the residents are liable for the outstanding debt", and there's nothing he has said that suggests the solicitor is wrong.
    No reliance should be placed on the above! Absolutely none, do you hear?
  • eddddy
    eddddy Posts: 17,972 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    edited 3 October 2023 at 12:48PM
    GDB2222 said:
    The OP says "A solicitor has advised that the residents are liable for the outstanding debt", and there's nothing he has said that suggests the solicitor is wrong.

    But there's also nothing the OP has said to suggest that the solicitor is right.

    That's why I asked whose solicitor it was. For example, was it a contractor's solicitor (who might be taking a punt)?


    FWIW, a solicitor once told me he was happy to write a letter to a freeholder saying they owed a leaseholder a debt that included thousands of pounds for distress and inconvenience.

    But he also said that no court would ever uphold that debt.


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