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  • Gladstones Solicitors Letter – Enforcing ‘Debt’ Owed to FS Capital, Felicitas Solutions

    12 February 2020

    Andy Wood


    Gladstones Solicitors letter – enforcing ‘debt’ owed to FS Capital, Felicitas Solutions

    Received a Gladstones Solicitors Letter?

    Have you received a letter from Gladstones Solicitors attempting to enforce a ‘debt’ which is purportedly owed to FS Capital or Felicitas Solutions?

    The back story is that you, knowingly or unknowingly, entered in to a contractor loan scheme with IQ, Garraway, Sanzar or a number of other similar and sometimes associated avoidance schemes.

    You have probably either settled with HMRC or are waiting to see how the loan charge plays out following Sir Amyas Morse’s recent review. You may have also, alternatively or in addition, under HMRC enquiry and have received Accelerated Payment Notices (“APNs”).

    As such, this letter will have added to your financial stress.

    What is this letter talking about?

    The basis for the claim is that the trustee of the contractor loan scheme (for example ECS International Trustees or Professional Independent Trustees Limited) has purportedly assigned its debt book to FS Capital and / or Felicitas Solutions (“purported new owner”).

    As the purported new owners of the loan book, FS Capital and / or Felicitas Solutions are attempting to extract a payment from you. Generally, this is a demand for interest on the loan or loans originally advanced.

    No real evidence of the assignment of the debt is provided with the letters.

    We have seen similar attempts from Helpline Services Limited.

    Gladstones Solicitors letter – what to do?

    We have grave misgivings about the events surrounding this letter and the purported transfer of we would urge you to discuss the matter. Do NOT pay this amount without first obtaining proper advice.

    As such, we are happy to respond to this first letter for you as part of our pro-bono scheme.

    **If you would like our assistance please email us only on with your details and a copy of the letter(s)**

    If you have any queries about this article or would like any assistance in responding to the letter you have received from Felicitas Solutions or FS Capital, then please email us at