Hello Everyone,
It's been awhile since my last post but like a lot of you I am watching in the background hoping some good will come our way.
Some of us who have been affected by Geldert's deceit have now filed their own claims against him but of special interest is that Geldert has just replied to these claims and both the claim and associated reply are available to view / download on the BC Court website
https://justice.gov.bc.ca/cso/esearch/civil/searchPartyResult.do?serviceId=50617112 for a small fee (to do the search put in last name "Geldert" and initial "M").
This is what you should see after you put in the search criteria:
View attachment 10307
I paid $12 to view and download one of the Claims which gives a bit of insight as to what Geldert thinks he provided as value added services to us, which in my opinion, there is a lot of failings based on what he says he provided versus what we received especially surrounding the final negotiation with Northwynd that truly failed us all even those that were effectively forced removed by Geldert to fend for themselves.
What I find most interesting in the reply is that there are actual disclosures of settlement amounts made by Geldert - the Claimant was very careful not to specify specific amounts as to not put them in breach of the confidentiality clause but at least to a layman like me Geldert has not given the same consideration to the confidentiality terms which I believe may constitute a breach of the actual settlement agreement.
Now another thing that appears to aggravate matters as part of the great negotiated settlement was the 27% interest penalty incorporated against all of us who were forced into the settlement but there are a number of people who were forced into their settlements or into a consent judgement with pre-2004 contracts that now have more reason to make a Claim against Geldert. The statuary rate of the Interest Act rate is 5% for these contracts as ruled on by the courts in Dec 2018 - this also means if there are people out there who have yet to settle with a pre-2004 contract they need to ensure to immediately reduce their penalty amount and negotiations should start at the proper amount after interest adjustments, not an inflated interest amount.
Attached is the Interest Act ruling for those that don't have a copy.
