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wayjen

Paying a buyer back after winning an SNC?

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wayjen    10
wayjen

Buyer pays too little money so we file an SNC. We are granted this SNC so want to pay the buyer back their money but they are not responding to our emails asking for banking details, what do we do now?

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admin    0
admin

Meneer Wayne,

 

Set the moola aside till you hear from the buyer, and keep the mail(s) safe....

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wayjen    10
wayjen

Ok meneer Andries, dankie man.

 

I was thinking along the same lines as that.

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lilythepink    10
lilythepink

Wayne, don't forget to deduct your costs of the advert (if it was a promotional listing) and deduct your bank charges for the refund! You should not be out of pocket because someone hasn't kept up his/her side of the sale.

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