15 Nov 2013 9:35 AM:

All

I received this info from a UK solicitor

 

'The current offer of AIFOS is better than before, and the last chance to recover some money, in essence:

 

• If you bought  only one property, they’ll return to you 100% plus Legal interest(6% per year),
• The payments would start in ten years (after they sell other properties and pay Taxes in debt), spreading in 6 payment over 5 years,
• So you would have the total amount plus Legal interest in 15 years.

 

As I told you, this is the last chance to get any money, because if creditors do not sign these agreement, the Court will dissolve the Company and sell the assets to pay Tax Office, Banks and I’m afraid there would not be money for anything else.'

 

Community thread: Have we all given up?

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13 Mar 2011 3:26 PM:

Not great news but I spoke to my solicitor before Xmas and tehy said progress was being made but due to the shear numbers involved to be patient. I will try them again but none of us should hold our breaths.

Community thread: Have we all given up?

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16 Mar 2010 7:18 PM:

I have read this thread over the last years as I anxiouslly waited on the many failed promises from Aifos. Last September I hired a solicitor to get on the creditors list. My solicitor has now heard from the solicitors acting for Aifos with the creditors and debtors list. Lo and behold I have been added to the debtors list stating that in fact I owe more than the outstanding balance for some thing I do not even have! To add further insult to this injury all my original documentation (despite being tracked by the wonderful British Post Office that only admitted afterwards they only track to when a letter leaves the UK and not to the delivery point unlike the advice given to me at the Post Office) has been lost and the court will not accept copies!! My solicitor has written to the court but I suspect I will need to dip further into my reserves of patience.

At least the lists are now out even if they are wrong!!

Community thread: Have we all given up?

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