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Post by bobbins on Jun 23, 2022 12:19:47 GMT
Same with Zatchels. No payment since 16th Feb. and no news why.
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pikestaff
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Post by pikestaff on Jun 27, 2022 17:38:40 GMT
I understand that the processing of some loan payments has been delayed due to staff being off long-term sick, but a temporary replacement has been recruited and they should be up to date again shortly.
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Post by mw on Jun 28, 2022 10:37:23 GMT
I understand that the processing of some loan payments has been delayed due to staff being off long-term sick, but a temporary replacement has been recruited and they should be up to date again shortly. That's good to hear, as I have noted the same issues. Nevertheless I am surprised not to have been credited with any payment in respect of BLN00653, which was the subject of a note by TC on 27 April. TC advised me (three weeks ago) that they awaited authorization from the Administrators. Perhaps there is a hindrance there, as well.
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paul911
Confusion will be my epitaph...
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Post by paul911 on Jul 11, 2022 12:24:55 GMT
BLN00653 YVRE Gardeners Cottage is well overdue. Sale of security completed 23 March. 27 April advised funds would be paid to lenders in loan 1.
So far zilch……Kroll not answering emails and BLN passing the buck.
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ethel
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Post by ethel on Jul 11, 2022 13:11:20 GMT
Please don't ask the administrators questions if you can possibly avoid it.
Every question asked takes time to answer, and the only person paying for their time is us. Save everyone's money. Ask here first!
Wise words!
I'm just wondering why some fairly regular, almost monthly payments that I've been receiving stopped dead at the beginning of March. I was receiving modest sums from Dorset Investments, ATC, and Evolution Valves. I know that there are ongoing efforts to refinance the loan to Dorset, but what's happened to the other two?
Thanks in advance.
I too wonder what has happened to ATC. I did ask BLN admin but all they said was that the administrators would be in touch with an update, which hasn't happened yet. I'm also in Dorset Investments as well, but at least that mystery has been recently resolved.
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pikestaff
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Post by pikestaff on Jul 11, 2022 14:35:33 GMT
BLN00653 YVRE Gardeners Cottage is well overdue. Sale of security completed 23 March. 27 April advised funds would be paid to lenders in loan 1. So far zilch……Kroll not answering emails and BLN passing the buck. See p2pindependentforum.com/post/455293/thread
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pikestaff
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Post by pikestaff on Jul 11, 2022 14:51:12 GMT
Wise words!
I'm just wondering why some fairly regular, almost monthly payments that I've been receiving stopped dead at the beginning of March. I was receiving modest sums from Dorset Investments, ATC, and Evolution Valves. I know that there are ongoing efforts to refinance the loan to Dorset, but what's happened to the other two?
Thanks in advance.
I too wonder what has happened to ATC. I did ask BLN admin but all they said was that the administrators would be in touch with an update, which hasn't happened yet. I'm also in Dorset Investments as well, but at least that mystery has been recently resolved. AIUI updates are approved by the administrators but actually come from BLN. Hopefully they will catch up with the outstanding updates now that the recent updates on NG and the MRDO/YVRE guarantor have gone out.
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Greenwood2
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Post by Greenwood2 on Oct 31, 2022 11:24:04 GMT
Is there anywhere lenders can see the current status of their loans (or all loans) there used to be a spreadsheet that showed all the loans, but I assume that has gone. I've rather lost track of things and wanted to update my records.
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pikestaff
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Post by pikestaff on Oct 31, 2022 16:19:39 GMT
Is there anywhere lenders can see the current status of their loans (or all loans) there used to be a spreadsheet that showed all the loans, but I assume that has gone. I've rather lost track of things and wanted to update my records. You mean the Secondary Market Status List. It is still there in the ThinCats Dropbox, but very out of date. In case of wider interest I've just posted about the Dropbox on the private board: p2pindependentforum.com/thread/19689/thincats-dropbox.
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Greenwood2
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Post by Greenwood2 on Oct 31, 2022 16:53:51 GMT
Is there anywhere lenders can see the current status of their loans (or all loans) there used to be a spreadsheet that showed all the loans, but I assume that has gone. I've rather lost track of things and wanted to update my records. You mean the Secondary Market Status List. It is still there in the ThinCats Dropbox, but very out of date. In case of wider interest I've just posted about the Dropbox on the private board: p2pindependentforum.com/thread/19689/thincats-dropbox. A bit too old to be of much use now, I think my records are more recent than that. I guess the only thing to do is go through loan by loan, which is a bit of a nightmare! And probably not worth the effort.
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Greenwood2
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Post by Greenwood2 on Mar 21, 2023 9:22:04 GMT
Prompted partly by the recent communication and discussion on the private board.
How are payments (if any) going to be orchestrated far into the future, up to three years after some indeterminate date? Is it getting to be time for the administrators or ESF to set up automatic payments of any available funds to lenders nominated bank accounts every x months. Even now logging on every month or so (usually to find no funds) in order to setup a withdrawal is a chore and going on into the indefinite future will be a pain. I wonder how many lenders are no longer bothering to monitor their accounts even now.
Will there be an option to divert any future payments to charity (and close the account) if lenders don't want to have to deal with the dribble of payments coming in?
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pikestaff
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Post by pikestaff on Mar 21, 2023 9:31:08 GMT
It's on my radar. I am expecting some kind of closure plan to be brought forward, because it's not cost-effective for the administrators to have to deal with the dribs and drabs.
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billt
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Post by billt on Jun 28, 2023 16:54:32 GMT
just had tax statement from BLN, significant write offs as expected but I would have expected more write offs relating to the NG loans, (any thoughts)?
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pikestaff
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Post by pikestaff on Jun 28, 2023 17:04:51 GMT
I had hoped they would finally get round to booking the NG write offs in 2022-23.
I don't know why they haven't, but they might be waiting for the competing claims issue to be concluded (which surely can't be long now) and the distributions made.
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billt
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Post by billt on Jun 29, 2023 7:53:33 GMT
Thanks, not just me then.
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