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Reply To: Warzan – What is Happening with 4ground

June 29, 2019 at 12:15 am #1409566

Keymaster

31125xp

As far as I can tell. (and Myself and Lloyd have watched a few companies go into liquidation as unsecured creditors) Even if you managed to say that a KS was an unsecured debt (which currently in the UK it’s not recognised as such because its a pledge not a purchase – currently at least) you will be bottom of the list and if you got 1p in the pound you would be doing well.

I think I’d rather take my chances with the owners if they are trying to continue fulfilment as a gesture of good will (and honestly this is nothing to do with me knowing 4ground – its just a pragmatic approach to get more than a few pence from a liquidator who has a list of folk to pay including themselves first)

We have been owed thousands in the past and got absolutely nothing not even the few pence 🙁

I know the pragmatic approach will not sit well with everyone, but I suppose its a life lesson we picked up when the choices are limited.