SMARTFINANCESOLUTIONS.NET - I was sold a share of a business, that the person had not paid for. What can I do to recover money?

By : Shaniecouzensref

Published On: 2013-11-26

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00:22

Find the best financial services for you at: SMARTFINANCESOLUTIONS.NET - I was sold a share of a business, that the person had not paid for. What can I do to recover money? - I was sold a share of a car valeting business by a friend, who I had not known for long and it turned out the business had not been paid for. He was buying it as a going concern from a man who was selling it due to ill health. But he never paid this person for it before he died and he continued to operate the business. He put it in his wife's name, due to bankruptcy and he never paid his staff's tax and national insurance, although he took it from their wages. Is there anything I can do to recover the money on behalf of my mum, who had paid for it on my behalf. She has a soliciters letter to prove what she buying and for how much. She can also prove through bank statements that he was paid by cheque, which was possibly paid in through someone else's bank account, again due to his bankruptcy. Helpfull answers only please. -

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