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Last Updated: August 30, 2019

RESCUE MY BUSINESS AND ASSIST DISABILITY

Basically I am now disabled and it is not financially viable to enable modification to my living conditions after my company was swindled

I came to this area with nothing but the vehicle I was living in, having worked for a commercial pilot training college for 8 years that went bust (Directors ran off with money)

Here I built up a flying school from scratch, starting with a leased aircraft, eventually raising deposit for a house, and purchasing 3 aircraft
I have worked 7 days a week for 10 years without paying myself a salary in order to pay off private investors for 3 aircraft purchases so effectively allowing my asset worth to help me in my retirement

Sadly one of my investors, as I may have explained, ripped me off, collaborating with my landlord
the aircraft was a Cessna 172SP I paid £89000 for it plus £25000 for an overhauled engine £7000 for a new propeller

When my payments were complete after 3 years as agreed and contracted, my investor refused to sign over the registration documents. I spent years in legal battle and also sold my house to pay my barrister circa £30000

August 2016 was to be the last court date and I was optimistic in retrieving my legal costs as well as the aircraft as an asset (otherwise I would not have risked my house)

However my investors panicked and contacted my landlord, they made an agreement for the sale of the aircraft, my landlord then forced me to stop any legal actions for ownership (coerced)

Coincidentally my Chief flying instructor lost his medical and my other instructor was killed in an flying incident that I attended to identify bodies
I went to my landlord to plea for some consideration with rent
He appeared sympathetic but was plotting my demise in the background

When I placed my aircraft in for scheduled maintenance with my regular engineer (another tenant of my landlord) I was asked to hand over all historical documents for the aircraft for reference
Not realising that my landlord had already been in touch with my engineer and once all documents keys and aircraft were in his possession he handed them over to my landlord and the aircraft disappeared

He only paid £13000 for my aircraft (+my investors legal costs)

I was effectively swindled out of £151000 (my life savings)

Subsequently I suffered a nervous breakdown, became a hermit and did not leave my home for months, even contemplated suicide. I was rescued by my CFI who became worried I was not responding to calls texts or emails. He came to my house and supported me

Not having any staff for almost a year the company account soon dwindled

I was on medication and in therapy for a while and now back on track and functioning normally again

I now have another instructor and beginning to attain new customers
BUT we only operate now when he is available 3 days a week
so difficult to recruit new instructors because there are so many more lucrative airline vacancies

This money I had stolen from me, I have worked for the last several years to enable me to care for myself for however long I may live with my permanent disability Cerebrial Ataxia ( my brain has a swelling that affects my balance and mobility )
I should have been able to modify the place I live and maintain my living expenses because I will eventually be unable to work.

Now I foresee difficulties unless I can find some assistance

Local charities have only provided basic items ie. hand rails for my home, most welcome however
I am ex military and have applied to RAF charities but that was last May and have heard nothing yet

I was wondering if someone could assist me somehow?

I would really appreciate your consideration

Filed Under: Business Capital Tagged With: UK

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