Section 75 refund – credit card

dbrookf

My golf club may go into liquidation – I have paid an annual subscription on credit card from April 24 to April 25 – do you think this would be covered by a credit card refund?

MattMattMattUK

dbrookf said:

My golf club may go into liquidation – I have paid an annual subscription on credit card from April 24 to April 25 – do you think this would be covered by a credit card refund?

Potentially on a pro rata basis, if the club does not phoenix and offer you membership for the remainder of your term, which many often do. 

dbrookf

MattMattMattUK said:

dbrookf said:

My golf club may go into liquidation – I have paid an annual subscription on credit card from April 24 to April 25 – do you think this would be covered by a credit card refund?

Potentially on a pro rata basis, if the club does not phoenix and offer you membership for the remainder of your term, which many often do. 

Sorry don’t understand that!?

la531983

dbrookf said:

MattMattMattUK said:

dbrookf said:

My golf club may go into liquidation – I have paid an annual subscription on credit card from April 24 to April 25 – do you think this would be covered by a credit card refund?

Potentially on a pro rata basis, if the club does not phoenix and offer you membership for the remainder of your term, which many often do. 

Sorry don’t understand that!?

Pro rata. So you wouldnt get the full year back, just the portion after the liquidation.

Phoenix. The golf club could literally return same day under a different trading name, and continue as if nothing has happened.

Sorry, I didnt know which of these terms you didnt understand so did both.

dbrookf

la531983 said:

dbrookf said:

MattMattMattUK said:

dbrookf said:

My golf club may go into liquidation – I have paid an annual subscription on credit card from April 24 to April 25 – do you think this would be covered by a credit card refund?

Potentially on a pro rata basis, if the club does not phoenix and offer you membership for the remainder of your term, which many often do. 

Sorry don’t understand that!?

Pro rata. So you wouldnt get the full year back, just the portion after the liquidation.

Phoenix. The golf club could literally return same day under a different trading name, and continue as if nothing has happened.

Sorry, I didnt know which of these terms you didnt understand so did both.

It was Phoenix!

Ergates

dbrookf said:

la531983 said:

dbrookf said:

MattMattMattUK said:

dbrookf said:

My golf club may go into liquidation – I have paid an annual subscription on credit card from April 24 to April 25 – do you think this would be covered by a credit card refund?

Potentially on a pro rata basis, if the club does not phoenix and offer you membership for the remainder of your term, which many often do. 

Sorry don’t understand that!?

Pro rata. So you wouldnt get the full year back, just the portion after the liquidation.

Phoenix. The golf club could literally return same day under a different trading name, and continue as if nothing has happened.

Sorry, I didnt know which of these terms you didnt understand so did both.

It was Phoenix!

As in the mythical bird that when it dies, burts into flames and is then reborn from the ashes.

dbrookf

Ergates said:

dbrookf said:

la531983 said:

dbrookf said:

MattMattMattUK said:

dbrookf said:

My golf club may go into liquidation – I have paid an annual subscription on credit card from April 24 to April 25 – do you think this would be covered by a credit card refund?

Potentially on a pro rata basis, if the club does not phoenix and offer you membership for the remainder of your term, which many often do. 

Sorry don’t understand that!?

Pro rata. So you wouldnt get the full year back, just the portion after the liquidation.

Phoenix. The golf club could literally return same day under a different trading name, and continue as if nothing has happened.

Sorry, I didnt know which of these terms you didnt understand so did both.

It was Phoenix!

As in the mythical bird that when it dies, burts into flames and is then reborn from the ashes.

Of course 🦅!!

DullGreyGuy

dbrookf said:

Ergates said:

dbrookf said:

la531983 said:

dbrookf said:

MattMattMattUK said:

dbrookf said:

My golf club may go into liquidation – I have paid an annual subscription on credit card from April 24 to April 25 – do you think this would be covered by a credit card refund?

Potentially on a pro rata basis, if the club does not phoenix and offer you membership for the remainder of your term, which many often do. 

Sorry don’t understand that!?

Pro rata. So you wouldnt get the full year back, just the portion after the liquidation.

Phoenix. The golf club could literally return same day under a different trading name, and continue as if nothing has happened.

Sorry, I didnt know which of these terms you didnt understand so did both.

It was Phoenix!

As in the mythical bird that when it dies, burts into flames and is then reborn from the ashes.

Of course 🦅!!

Thats an eagle, dont try setting fire to one of those! Really doesn't work the same way

eskbanker

DullGreyGuy said:

dbrookf said:

Ergates said:

dbrookf said:

la531983 said:

dbrookf said:

MattMattMattUK said:

dbrookf said:

My golf club may go into liquidation – I have paid an annual subscription on credit card from April 24 to April 25 – do you think this would be covered by a credit card refund?

Potentially on a pro rata basis, if the club does not phoenix and offer you membership for the remainder of your term, which many often do. 

Sorry don’t understand that!?

Pro rata. So you wouldnt get the full year back, just the portion after the liquidation.

Phoenix. The golf club could literally return same day under a different trading name, and continue as if nothing has happened.

Sorry, I didnt know which of these terms you didnt understand so did both.

It was Phoenix!

As in the mythical bird that when it dies, burts into flames and is then reborn from the ashes.

Of course 🦅!!

Thats an eagle, dont try setting fire to one of those! Really doesn't work the same way

Many a golfer has never seen an eagle....

eddddy

la531983 said:

Phoenix. The golf club could literally return same day under a different trading name, and continue as if nothing has happened.

The Phoenix company would have bought the assets of the golf club - they wouldn't take on any of the golf club's liabilities.

The OP's membership rights would generally be treated as a liability. So the Phoenix company wouldn't be required to honour the OP's membership rights.

(e.g. They could legitimately say something like this to the OP "If you want to continue playing golf here, you'll need to sign up for a new membership, and pay a new membership fee.")


But on the other hand, the Phoenix company might voluntarily agree to honour some/all of the OP's membership rights without any payment, as a gesture of goodwill, to help build-up their business reputation amongst the local golfing community.

born_again

Should be a simple chargeback if they go under.
No need for S75