 Written off? or Not?
Hi all, have been reading this thread for a while, not being chased by any DCA's BUT at one point that was a distinct possibility so I am pleased so many people are becoming more aware of their rights and not initmidated by these idiots.
Anyway, my query is about a loan my OH defaulted on with Halifax, which was taken out mid 2002. The account was defaulted Feb 2003 after his business failed (loan was, unfortunately, in his name despite being for the company in reality). It was passed to Blair Oliver Scott who chased very rarely and also by telephone and were very nice, not pushy for money at all.
We've not had an annual statement (monthly ones stopped a while back) from the bank showing a "Write off" amount equal to the outstanding balance in May 2006 and the account was closed a few days later.
His credit report, oddly, shows this:
- Defaulted (Feb 2003)
- Default/Deliquent balance £XX
- Account Settled (March 2003)
What does this mean? If the debt has been sold on then can they register a new default? and if so, and if the debt was sold on in May last year why haven't they made contact/registered a default?
Will this look like it has been settled to other's doing a search or would the balance need to show as £0 for them to think it was actually settled? It does show the account as closed I think. | 
