Written by John Kruse, one of the leading experts on Bailiff Law, this consumer friendly guide is essential reading for anyone who comes into contact with a bailiff.
The book is easy to understand and clearly explains the rights
a bailiff has, and also what they cannot do when collecting debts and repossessing goods etc.
In my other thread I've explained that I've just been offered a refund of over £9k from Natwest which they insist on taking off my loan balance.
Basically my personal loan and credit card are managed by Wescot and for over 2 years I've been paying Wescot 2 amounts by standing order in order to clear these balances.
I have just called Wescot for a Settlement Figure as I was going to negotiate that the £9k refund be in Full and final settlement of this debt.
Well, I've been told today by Wescot that Natwest withdrew this account from them on 7 August and I need to cancel the monthly standing order to Wescot as they no longer look after this account. So what's going on, why would Natwest take it back from Wescot?
Has this happened to anyone else?
I'm a little worried that because I've heard nothing about this from Natwest that if I do cancel the SO to Wescot Natwest will start chasing me for payments etc. But I am confused as to why they would remove from Wescot?
Re: Natwest Account been withdrawn from Wescot -why??
Originally Posted by TMAngel
In my other thread I've explained that I've just been offered a refund of over £9k from Natwest which they insist on taking off my loan balance.
Basically my personal loan and credit card are managed by Wescot and for over 2 years I've been paying Wescot 2 amounts by standing order in order to clear these balances.
I have just called Wescot for a Settlement Figure as I was going to negotiate that the £9k refund be in Full and final settlement of this debt.
Well, I've been told today by Wescot that Natwest withdrew this account from them on 7 August and I need to cancel the monthly standing order to Wescot as they no longer look after this account. So what's going on, why would Natwest take it back from Wescot?
Has this happened to anyone else?
I'm a little worried that because I've heard nothing about this from Natwest that if I do cancel the SO to Wescot Natwest will start chasing me for payments etc. But I am confused as to why they would remove from Wescot?
Any help please?
Hello,
Just found this thread and I must confess to have nearly choked on my cup of tea.
This indeed sounds extremely favourable in your case
They have taken back the account from westcot who they instructed to pursue you for the payments. Obviously you have been defaulted on your credit file.
THEY HAVE TAKEN IN BACK, BECAUSE THEY ARE IN BREACH OF THE DATA PROTECTION ACT, BY GIVING YOUR DETAILS TO THIRD PARTIES, WITHOUT A CREDIT AGREEMENT, One in the eye for the good old Nasty
Maybe after all this time, they are educating themselves, as to what they can do under consumer law.
You need to be quoting all of this new revelations in your letter.
Please do report them immediately to the FSA, OFT and trading standards, the more black marks against them and they will be under investigation by the enforcement authorities.
Oops sorry nearly forgot to mention do not let Wescot away with this, they are pursued you, with no legal right to. Send them a nice little harassment letter
If any of my posts are helpful, please feel free to click my scales. All information is given as my opinion only, based on my own personal experiences. I have no legal training, but have educated myself in aspects of consumer legislation. My motto "NEVER GIVE IN, NEVER SURRENDER", THERE IS A WAR ON YOU KNOW
Re: Natwest Account been withdrawn from Wescot -why??
Hello all,
Firstly TMA,
In my other thread I've explained that I've just been offered a refund of over £9k from Natwest which they insist on taking off my loan balance.
Basically my personal loan and credit card are managed by Wescot and for over 2 years I've been paying Wescot 2 amounts by standing order in order to clear these balances.
I have just called Wescot for a Settlement Figure as I was going to negotiate that the £9k refund be in Full and final settlement of this debt.
Well, I've been told today by Wescot that NatWest withdrew this account from them on 7 August and I need to cancel the monthly standing order to Wescot as they no longer look after this account. So what's going on, why would Natwest take it back from Wescot? As hhnf states below they are in breach of the Data Protection Act 1998 and probably the Consumer Credit Act 1974.
Has this happened to anyone else?
I'm a little worried that because I've heard nothing about this from NatWest that if I do cancel the SO to Wescot Natwest will start chasing me for payments etc. But I am confused as to why they would remove from Wescot? I would ask for written confirmation about this from NatWest and perhaps ask why they failed to inform you about the action they have taken in taking the account back from a DCA.
Any help please?
And HHNF,
Hello,
Just found this thread and I must confess to have nearly choked on my cup of tea.
This indeed sounds extremely favourable in your case:grin:
They have taken back the account from westcot who they instructed to pursue you for the payments. Obviously you have been defaulted on your credit file.
THEY HAVE TAKEN IN BACK, BECAUSE THEY ARE IN BREACH OF THE DATA PROTECTION ACT, BY GIVING YOUR DETAILS TO THIRD PARTIES, WITHOUT A CREDIT AGREEMENT, One in the eye for the good old Nasty
Maybe after all this time, they are educating themselves, as to what they can do under consumer law.
You need to be quoting all of this new revelations in your letter.
Please do report them immediately to the FSA, OFT and trading standards, the more black marks against them and they will be under investigation by the enforcement authorities.:grin:
Oops sorry nearly forgot to mention do not let Wescot away with this, they are pursued you, with no legal right to. Send them a nice little harassment letter
And remember to insist that Westcot repay any payments made by you since 7 August When Natwest withdrew the account. (It could be 4 months rebate due, if Westcot took payments whilst not in charge of the account)
Best though to get all this in a letter from them if you haven't already, phone calls can be denied.
Good Luck
aa
I have no legal training and the advice I offer is a matter of support. Before you commit to any Legal action you are advised to contact a qualified legal practitioner. ------------------------------------------------
Bank charge successes:
Halifax - Full settlement incl interest.
HSBC - Settlement, goodwill no admission of liability about 75% of claim.
RBS - Settlement, goodwill no admission of liability about 70% of claim.
2 ongoing claims for bank charges with HSBC with more to come. (Supreme Court ruling could have upset these claims) They did
PPI Successes
PPI 4 settlements on 9 loans. FOS involvement on 7 added on the 8 % Statutory interest another 30% to both.
2 claims settled in full with LV without FOS involvement.
2 claims settled in full with HSBC without FOS involvement
PPI Claims ongoing with:
Cap one Now with the FOS
Barclays. Paid up today 24/04/10 cheque received for over £4,500 and in the bank.
LTSB still have to decide on this as their SAR production was abysmal. Papers data mixed up documents missing etc
Please do not PM me for advice as it may be sometime before I can respond.
Keep at them. Do not give way and do not accept all they tell you, they will delay and stall for as long as they can to prevent repaying you your mis-sold PPI.
Re: Natwest Account been withdrawn from Wescot -why??
Hi aa
I've already requested confirmation from Natwest as to why the accounts have been transferred back from Wescot but guess what no reply!
I was on a day's holiday yesterday and spent most of the day getting letters ready to be posted so you know what I'm glad you posted on this thread today because you've reminded me to chase them up!
That's another letter that I shall do and get in today's post
I've already requested info from Wescot and they will not provide me with anything or confirmation etc so think a nice little breach of the DPA letter will be sent to them as well.
I'm in the mood for these letters today so will also write again to Wescot to confirm where the payments have gone and also perhaps make another DPA complaint to all the official bodies.
Bring it on - it just drives me up the wall because my patience is now running thin waiting around for answers arrgghh!
Natwest Account been withdrawn from Wescot -why??
which they insist on taking off my loan balance.
settlement of this debt.
Reply With Quote
Re: Natwest Account been withdrawn from Wescot -why??
Originally Posted by TMAngel
