Business Premises loan 180k Arrears 10K. no payments since Dec 2014, sold in 2016 to vulture fund. Has been on the market for over 3 years. A receiver was appointed last July when we were in the process of actively selling the premises, so the receivership was halted. A deal was struck to secure 120K from purchasers and a 10K payout from a family member, with the residual debt written off, but a breakdown in communications led to the paperwork not being correct and the vulture fund pulled...
Queries arising out of Vulture fund deal falling through
Queries arising out of Vulture fund deal falling through