Re: BSH: Debt Transactions
El MayorHaircut1000Thanks Dan. So it's like my son owes me a fiver so my mate, who's in business with my son, gives the lad a quid who gives it back to me?
Not quite
It’s like your mate gave your son a fiver, and you gave at least a quid of it back to your mate.
Yet your son now owes your mate £20 as well
Moral of that story is dont let your son borrow any money off your dodgy mates.