Yet more advice: settling a debt (English legal advice)

[Provost Harrison]

Originally posted by JohnT
And your resources to launch the countersuit will be... the 2,000 pounds you have left from the University's mistake?

Where there's blame, there's a claim!

[Dauphin]

Phone the National Accident Hotline and say you fainted and seriously hurt your head when you saw all that money the university put into your account. This trauma was compounded when you fainted and hurt your head again at the thought of having to pay it all back.

[Provost Harrison]

I like it, and if this was the US, it would probably work

[FrustratedPoet]

Originally posted by Provost Harrison
If you suddenly saw that kind of money in front of you, would you just give it back without a second thought, especially from an organisation who had made your past couple of years hell.

Actually I would give it back, sorry mate.
Not for any moral reason mind you, but from a purely selfish one: I know it would only come back to bite me in the ass later on if I didn't give it back and I'm too lazy to deal with that ****.

[Provost Harrison]

Well I didn't. They are threatening to sue me for money I don't have...I can offer repayment over a period of time but with no long-term employment I can't really do much. If they sue me I could 'theoretically' face losing the car, but I doubt it as I owe a considerable amount of money on it. They will just have to accept my terms, it would be a lot easier all round.

[FrustratedPoet]

Originally posted by Provost Harrison
They will just have to accept my terms, it would be a lot easier all round.

Agreed.

[Dauphin]

Your problem was not keeping the money, it was spending it before the 6 years was up.

[Provost Harrison]

Hey, I have already given most of it back! There is just £1345 that is ' unaccounted for'.

Speaking of 'unaccounted for', have you got a job sorted yet BC?

[Provost Harrison]

Perhaps I should 'give' my car to my mother

[Solly]

How long do you reckon guys?

A couple of months? Or community service?

[CerberusIV]

If you have not already done so put the repayment offer in writing. Don't pay anything back until you get a written agreement from them to a schedule of repayments.

Try the local CAB, they are usually good on this sort of thing.

Check the small print on your car loan. If the vehicle remains the property of the lender until the last payment is made then it isn't yours and can't be seized.

Basically they are idiots who want the money back ASAP to cover up the mistake. Let them sweat. You have been a naughty boy but the judge is likely to be more irritated with them for forcing a court case after a reasonable offer of repayment.

[FrustratedPoet]

Originally posted by CerberusIV

Basically they are idiots who want the money back ASAP to cover up the mistake.

Exactly. It's no coincidence that PH is getting these demands from them so close to the end of the financial year - they want to balance their books in time for April and they're a few grand down right now. Serves the buggers right really.

[Dauphin]

Originally posted by FrustratedPoet


Exactly. It's no coincidence that PH is getting these demands from them so close to the end of the financial year - they want to balance their books in time for April and they're a few grand down right now. Serves the buggers right really.

The fact that April 5 is the tax year end does not mean it is their financial year end. Being a university I'd imagine theirs would be in the summer sometime, probably August 31.

[FrustratedPoet]

Originally posted by Big Crunch


The fact that April 5 is the tax year end does not mean it is their financial year end. Being a university I'd imagine theirs would be in the summer sometime, probably August 31.

I bow to the superior knowledge of a qualified accountant.

[Dauphin]

Only part-qualified unfortunately.