Old mortgage debt/DCA - please help...

[give_me_it_back]

The Council of Mortgage Lenders..? No... I must have forgotten what that was all about... Can you refresh my dim memory?

Thanks

[sequenci]

Originally Posted by give_me_it_back

The Council of Mortgage Lenders..? No... I must have forgotten what that was all about... Can you refresh my dim memory?

Thanks

i'm back in work tomorrow so will dig out some stuff for ya

[give_me_it_back]

Ok... NOW, I have heard back from the DCA and they say that they have not received any of my letters! I will send copies (recorded).

However, they threaten me that they will now refer this back to Halifax and recommend litigation.

What do I do now!!!???

I am about to give birth and this is causing HUGE stress!!!

[PriorityOne]

Have you kept the recorded delivery receipts ? If so, you should be able to check whether those letters were signed for or not...

The account has not been sold though.... they are passing it back to Halifax, which means that you should be able to deal with them directly from now on. I wouldn't worry about this letter... all it shows is that the DCA hasn't got its own way and has been forced to hand it back where it belongs... with Halifax.

In your S.A.R - (Subject Access Request) from Halifax, are you able to find all the charges that have been applied since before the account was passed over to the DCA ? These will bring the balance down. However, you may want to wait and see the manner in which Halifax approach you on this one. Since it's gone from pillar to post for a while now... they may be willing to offer you a reduced F & F in order to clear it. If they do... whatever they offer you.... pitch it lower.

[give_me_it_back]

THANKS Priority one! The S.A.R - (Subject Access Request) was very minimal, and didn't show any charges at all. I will write to the DCA one more time - enclosing all the copies and sending recorded. They are clearly lying anyway, as they say 'we have not heard from you', so why have they been responding to my letters!?

If it is passed back to the Halifax, will I still be able to offer monthly payments?

thanks

[PriorityOne]

There may be no point in writing back to the DCA.... as they have said that they are passing it back to Halifax. That implies that they are not the legal owners of your account and could not take legal action against you in their own right anyway....

When it's passed back to Halifax... they will contact you regarding payment. A lot depends on how they contact you.... they might mention a F & F in their letter.... they may not. You will need to look at the S.A.R - (Subject Access Request) from Halifax in order to determine the amount of unlawful charges they have applied (if you have not already done so)... but, they may be willing to accept a low F & F from you when it's returned to them... which would be less than the amount outstanding after charges have been re-claimed, just to close the account down. In which case, there may be no point going after the charges....

They will not want to keep the account running forever.... and if you are unable to clear it.... they could be collecting for a long while, which I doubt they will want to do.... so an F & F is definately worth considering.

Have you an idea of the level of charges Halifax have applied ?