Hi,
I invested in one of those 'too good to be true' student accommodation guaranteed return investments.
As expected, it was too good to be true and now the developers do not have enough money to complete the building and are asking for further cash injections. If they do not get the injection, they will have to declare insolvency.
The lawyers have recommended we speak to insolvency lawyers to find out the impact on our funds - any recommendations would be greatly welcomed!
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