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Graeme from Frankton
In life , we need to pay our bills . I'll start from that point . Occassionally , stuff happens , and most people work through things .
I was saddened to read in the weekend ( on Stuff ) about a guy called Lloyd Green . I don't know this guy by the way .
He owned a company called Great… View moreIn life , we need to pay our bills . I'll start from that point . Occassionally , stuff happens , and most people work through things .
I was saddened to read in the weekend ( on Stuff ) about a guy called Lloyd Green . I don't know this guy by the way .
He owned a company called Great Barrier Rental Cars . He had owned it for 20 years . He refused to pay a mechanic somewhere between $5000-7000 , disputing the quality of the work . He was advised the day before it went to court that this guy was taking him to court -- apparently the papers were sent to his old address , which was his ex-wifes house . We can only guess what happened .
Anyway , the next day it went to court , he wasn't fully prepared , the Judge believed the other guy , or this Lloyd guy didn't put up a strong case , or whatever , and he was ordered to pay about $10,000 including the other guys legal fees . He lost .
He didn't/couldn't pay -- presumably part out of spite , but to be fair it does sound like he was short of money , so the Court ordered his business be liquidated . He was then ( at 57 ) out of work , with no income .
He committed suicide .
The business was liquidated . All the assets ( cars ) were sold . All secured creditors were paid . The liquidator billed $119,000 , but only got paid $78,000 as there was no more money . Unsecured creditors were $50,000 ( presumably including the $10k court ordered debt ) , and the IRD $7000 . That may be GST on the sale of vehicles , or it may have been owing for months , it isn't clear .
So one guy ( a divorced/seperated Dad ) is dead . The unsecured creditors and IRD are $57k out of pocket . But you will have noticed that the liquidator got $78k . Which means every debt , without her involvement ( the liquidator was a female ) , would have been paid . It is fair to assume that as a trading company , the debts could have all been paid , and this Lloyd Green would have still been alive . It may have taken time , and I accept we don't know the full circumstances .
But I also fail to understand how a business with $57,000 in debts can be charged $119,000 by a liquidator to 'wind it up' . She may argue she did her job and was paid the allowed rate for the hours worked , and that her job was made more difficult by the fact the guy had died . But surely common sense would kick in somewhere ?
11 replies (Members only)
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The Team from Hamilton City Council
Hamiltonians it's time to share your voice on our Back on Track COVID-19 Response Budget.
Have a read, tell us what you think and help shape your city!
The Team from Neighbourly.co.nz
Hi neighbours!
Do you know of a story around your neighbourhood that hasn't hit the front-page yet? Is there someone in your suburb who really embodies the Neighbourly spirit and deserves for their story to be told? Maybe it’s a local hero who's remained humble. Even if it's … View moreHi neighbours!
Do you know of a story around your neighbourhood that hasn't hit the front-page yet? Is there someone in your suburb who really embodies the Neighbourly spirit and deserves for their story to be told? Maybe it’s a local hero who's remained humble. Even if it's anything that you think the nation needs to know, comment on our post below!
Grant Wilson from
Same day every week in your area. That means more collection cycles that may suit you. Check our website www.redlid.co.nz...
Syrina Pene from Te Rongopai Community Trust (GOOD NEWS COMMUNITY CENTRE)
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⏰⏰⏰NEXT WEDNESDAY 9.30am-11.30am
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Jo Haywood Reporter from Homed
Most of us like to think we're doing what we can to lessen our impact on the environment, but how green is your weekly shop?
Beyond the eco-swaps you’ve probably already made, here are some of … View moreMost of us like to think we're doing what we can to lessen our impact on the environment, but how green is your weekly shop?
Beyond the eco-swaps you’ve probably already made, here are some of the least eco-friendly grocery store items to steer clear of next time you're loading up your trolley, with minimal disruption to your routine.
The team from EnergySmart - Waikato
You could be eligible for a grant for ceiling and underfloor insulation, as well as heat pump in your main living area.
Cut down on those power bills today by making your home more energy efficient.
Keen to support your community and whānau?
Enjoy diverse and challenging work?
Are you a recent graduate or about to graduate?
It’s a time of unprecedented change with Covid-19 so we are looking for graduates from all degree backgrounds who truly want to make a difference to New … View moreKeen to support your community and whānau?
Enjoy diverse and challenging work?
Are you a recent graduate or about to graduate?
It’s a time of unprecedented change with Covid-19 so we are looking for graduates from all degree backgrounds who truly want to make a difference to New Zealand and New Zealanders.
The GovTechTalent graduate programme in Wellington gives you the opportunity to change things for the better, while also shaping your own career path so don’t get left behind - apply for GovTechTalent today!
Learn more
How knowledgeable are you about all the regulations to do with your rental properties? Do you know Healthy Homes standards you need to meet?
At Lodge, our property management team stay up to date with the latest regulations and can answer your trickiest rental related questions.
So contact … View moreHow knowledgeable are you about all the regulations to do with your rental properties? Do you know Healthy Homes standards you need to meet?
At Lodge, our property management team stay up to date with the latest regulations and can answer your trickiest rental related questions.
So contact Nic and put her to the test.
021 536 435 | Email nice@lodge.co.nz
Learn more
Tim from Pukete
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Heather Moore from Volunteering Waikato
The team at Volunteering Waikato would like to express our condolences to the family and friends of Bev Kay, and would like to again recognise Bev for her extensive contribution to the community.
Last week she was awarded the Runner-Up at the 2020 Volunteer Excellence Awards - Long Service … View moreThe team at Volunteering Waikato would like to express our condolences to the family and friends of Bev Kay, and would like to again recognise Bev for her extensive contribution to the community.
Last week she was awarded the Runner-Up at the 2020 Volunteer Excellence Awards - Long Service category.
Bev has been someone that the New Zealand Red Cross counted on for 30 years. She co-ordinated Meals on Wheels in Te Awamutu, and helped to do more than just deliver food to people. Bev’s efforts kept vulnerable members of the community connected.
Click the READ MORE button to see the announcement of this award.
Shirley from Grandview Heights
4 as new hard cover recipe books. Excellent condition, as new. Twenty dollars for the lot
Price: $20
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