Blinds help.

baz178

baz178

baz178

Associate
Joined
21 Jan 2013
Posts
794
Location
Leeds
Hi,

Had some shutter blinds fitted in December paid half and paid half with a company they use to use on pay monthly.

The blind company are now saying I owe them the other half as the company went bust. Having looked at the company it went into liquidation in March like 3 months after.

Do you think the blind company are trying it on ? Had I would have thought the the financial company would have paid them in that time.

Thanks
 
Wait to hear from the liquidators/administrators for new payment info I think?

Google AI

If a finance company goes bust while you are making payments, your debt does not disappear. You must follow specific steps to protect your credit and money.

️ Immediate Steps
  • Keep paying: Stopping payments can ruin your credit score.
  • Save statements: Download all payment history and contract copies immediately.
  • Check communications: Look for letters from court-appointed administrators or liquidators.
  • Monitor accounts: Verify that automatic bank debits are still clearing.

What Happens to Your Debt
  • Debt transfer: A new company usually buys your loan contract.
  • Same terms: The original interest rate and payment schedule remain legally binding.
  • New instructions: The administrator will send new payment bank details.
  • Strict timelines: Do not send money to old accounts once notified.

️ What Happens to Your Item
  • Conditional sale: You do not own the item until the final payment.
  • Hire purchase: The administrator or new buyer holds ownership until completion.
  • Keep the item: You retain possession as long as you pay on time.
 
I'm no expert, so take this with a pinch of salt.

If your agreement was with the finance company (check your paperwork) then you owe the liquidators/administrators, the blinds company are then a creditor so usual rules would apply.

My concern would be that you pay the blind company then the liquidators come along and say you owe them as per the agreement, they wouldn't care that you paid the blind company already.

Again I'm no expert so double check any of what I've just said.
 
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My take:

Your agreement is with the finance company. That's who you owe money to.

The blind company is owed money by the finance company. The fact that the finance company has gone bust is the blind company's problem, not yours.

The blind company should not be contacting you for payment, because you don't owe them anything. They will have to recover what they can from the bankruptcy administrators.

The bankruptcy administrators could legitimately ask you for payment.
 
Yeah my understanding would be the finance company SHOULD have already paid them. Your agreement was with the finance company.
 
radderfire said:
My take:

Your agreement is with the finance company. That's who you owe money to.

The blind company is owed money by the finance company. The fact that the finance company has gone bust is the blind company's problem, not yours.

The blind company should not be contacting you for payment, because you don't owe them anything. They will have to recover what they can from the bankruptcy administrators.

The bankruptcy administrators could legitimately ask you for payment.
Click to expand...
Yep this would be my take too

The finance company owe the blind company

Finance company go bust

Blind company need to contact the liquidators (?)
 
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