12 LQD Markets Clients Face Dire Debt Collection Prospects
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12 LQD Markets Clients Face Dire Debt Collection Prospects
The debt collection odyssey for the industry triggered by the SNB panic in January 2015 apparently still haunts some market participants. In the latest update regarding the bankruptcy proceedings of LQD Markets in the UK, the special administrators shared some gloomy data.
A debt collection agency which was hired in the aftermath of the bankruptcy proceeding case has managed to collect a whopping £745.63 in six months. At this pace, the repayment of the £358,675 of outstanding debt will take over 240 years.
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The inconvenience for the creditors of LQD Markets ... (read more)
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