About 10 years ago, when I was relatively young and naive I worked for my stepdad. It was a family run Ltd company. Due to not being paid by a number of ltd companies who closed down with debts and reopened under different names within days our business couldn't pay our contractors. Mum organised extending the overdraft to £10K and getting a loan of £10K. Not a big deal apparently, mum and stepdad owned multiple vehicles, quads, horse trailers and such and said that if they couldn't pay it back they could sell a few things. I begrudgingly signed papers to become the guarantor. They told me if I didn't, the company would have to close and I would lose my job. I had a one month old baby at the time.
Needless to say, they closed the Ltd company anyway and reopened with a new name. (Owing no debts other than the bank. All workers got paid and all clients were happy)
I didn't return to work and unbeknownst to me, they never made a single payment towards the debt.
Two years later a debt collection company got in contact at my new address. Apparently mum had given it to them after pretending to be me and offering £100 a week. She never paid once. (Despite stepdad bringing in at least £70K a year and having come into a £26K inheritance). I explained the situation, that she had pretended to be me and that I couldn't pay a penny as a sahm and he was lovely about it and said he'd return the debt to the bank as unrecoverable. That was about 6 or 7 years ago now. I've had no contact since.
Does anyone know what is likely to be happening with it? I'm in Scotland if that helps.
Please or to access all these features
Please
or
to access all these features
Mumsnet has not checked the qualifications of anyone posting here. If you have any legal concerns we suggest you consult a solicitor.
Legal matters
Where's "my" debt gone?
27 replies
ThouShallNotPass · 27/05/2017 14:35
OP posts:
Don’t want to miss threads like this?
Weekly
Sign up to our weekly round up and get all the best threads sent straight to your inbox!
Log in to update your newsletter preferences.
You've subscribed!
Please create an account
To comment on this thread you need to create a Mumsnet account.