Page 1 of 1
Posted: Wed Feb 06, 2008 11:02 am
by ianh
A cheque was received 25/01/08 and was dated 04/01/08 this was banked. The company entered into liquidation 28/01/08 and the cheque was stopped with the reason 'Payment prevented by insolvency act proceedings' do we have any recourse to claim the money for the bounced cheque?
Posted: Wed Feb 06, 2008 11:13 am
by ianmillington
Hi Ian
Probably not.
However, can you please clarify - when you say "went into liquidation on 28/1/08" do you mean that that was the date of the creditors meeting? Did you received notice of the meeting?
Posted: Wed Feb 06, 2008 11:17 am
by ianh
"On 28 January 2008 the company entered administration"
ianmillington wrote:
Hi Ian
Probably not.
However, can you please clarify - when you say "went into liquidation on 28/1/08" do you mean that that was the date of the creditors meeting? Did you received notice of the meeting?
Posted: Wed Feb 06, 2008 11:19 am
by pbeck
I'm afraid that you are unlucky, you will be an unsecured creditor for your bounced payment.
Posted: Wed Feb 06, 2008 12:08 pm
by ianmillington
Sadly, I must second Philips view, unless on the offchance your cheque was for wages. - I assume you weren't a former employee?
Posted: Wed Feb 06, 2008 12:46 pm
by ianh
No the cheque was not for wages.
ianmillington wrote:
Sadly, I must second Philips view, unless on the offchance your cheque was for wages. - I assume you weren't a former employee?
Posted: Wed Feb 06, 2008 12:50 pm
by ianmillington
Ok, sorry then you will be an unsecured creditor