whiteoaks100
Registered User
- Messages
- 20
Don't ignore either the bank or the Revenue - especialy not the Revenue. No one will send out the Sheriff to seize assets if you are honestly and openly working with your creditors. No-one is going to end up in prison.
to cut a long story short the sherrif sent out bailifs last friday and they threatened to take our personal belongings if we didn't come up with €1,700 by monday (yesterday). We ended up getting an extension on cr union loan to come up with the money.
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Revenue sheriffs cannot take personal property to satisfy the debts of a limited company.
unfortunately they can...they are different to "ordinary bailiff/sherrifs" as they have the courts power behind them .unlike normal bailiffs ..the revenue sherrif can take anything personal belonged to the debtor to recoup monies owed.if you look up the rules and regulations on revenue sherrif you'll see that they can basically take what they like. unlike normal sherrifs whom you can order off your property and have them arrested for tresspassing and state your contract is with the creditor and not them ...the revenuesherrif has the power to enter and take possession of all land,chattels,vehicles ,jewellery,etcRevenue sheriffs cannot take personal property to satisfy the debts of a limited company.
Hope things are a little better today and welcome to AAM.
I think you made a mistake on paying them the money as now they will put more pressure on you to pay more. If they smell money they will go after it. By paying something you demonstrated the opposite of what you hoped to achieve. If you don't have the money then you should not borrow (getting yourself into more financial trouble) and you should not pay it back. They cannot get blood from a stone. The sherrif can take exactly what from you? He's not going to take a laptop (and if he is that petty hide it when he comes). In any case it doesn't make sense, you cannot sell a second hand laptop or TV for any value.
What else have you of value? Do you have a valuable car (that means one he can sell on) and I would be very shocked if he took an old family car from a family with 4 children.
You are not going to jail, what makes you think that. Your company has ceased trading and is in debt. That's not a jailable offence. You have to step back from the picture. For sure go to Mabs, tell them it's an urgent case. You need some independant advice.
Anything you send to revenue you should do by registered post. No doubt they are slow in reacting. So let them reply to you. If your income is as low as you've posted than they will have to write off your debt. Be open and honest about everything with revenue and the bank and they will come to an agreement, they are only testing you to see if there is any money, as is their right and obligation.
the only thing we have is a renault scenic worth about 10,000 and other then that a laptop which is two years old .....anything else worth talking about is two tvs ,dvd and my engagement ring.Step back a second whiteoaks. Your posts are hard to read.
What exactly do you have of value that the sherriff is going to take, what has he hinted that he will take, not what is on the website, that's just to scare people.
What do you have of value, what item do you have that he could take and sell?
Can you outline slowly what happened exactly when the sherriff called to you the other day.
yes the revenue sherrif can take personal possessions to pay off business taxes
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