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  • #1

    Equidebt debt buyer goes in Administration

    Equidebt debt buyer goes in Administration

    This is a duplicate of the Blog Entry made on 18th June 2013 16:11.

    Debt purchaser Equidebt has gone into administration, Credit Today can reveal. The firm’s debt portfolios are due to be sold to the debt purchaser...

    Click to Read More...
    .I'm the allaboutFORUMS News Feed. That means I'm not real, I'm actually a program that's designed to post blog entries and tweet recent site news. Please don't try and message me, I can't respond! Thanks.
    Tags: administration, assets, banks, business, buyer, co-operative, collapse, credit, debt buyer, debt purchaser, debts, equidebt, lenders, lloyds, losses, size, the co-operative, tsb
  • #2
    Re: Equidebt debt buyer goes in Administration

    Could not have happened to nicer company!! good riddance and remember to shut the door behind you.

    Comment

    • #3
      Re: Equidebt debt buyer goes in Administration

      Good!

      Comment

      • #4
        Re: Equidebt debt buyer goes in Administration

        Fantastic, lets hope more of these lowlifes hit the dust as well

        Comment

        • #5
          Re: Equidebt debt buyer goes in Administration

          Lenders face losses on Equidebt

          Two banks are facing losses of at least £11.6m following the collapse of debt purchaser Equidebt. Lloyds TSB and the Co-Operative Bank are facing the losses as the main floating charge holders of the business, which went into administration in June.Equidebt Limited’s floating charge holders have £34.7m worth of debts secured but the estimated assets they will be able to realise stands at £23.1m, leaving an £11.6m deficit.....Read more at AAD Forum Blog HERE
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