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.
After a long and drawn out arguement with HSBC regarding a Credit Card CCA which they have been unable to provide.... they defaulted me for refusing to pay while the account was in dispute and the account went to their collection agency and finally to DG Solicitors.
I was able to come to a settlement agreement with them which I am quite happy with as its allowed me over 50% reduction on the total amount.... I requested as part of this agreement that they remove the default issued against me.
They have told me that they are unable to do this as it would breach their obligations under the Data Protection Act, but that they would
"be prepared to fully satisfy the default registration as opposed to partial satisfaction".
My questions are...
1) What would be the impact of this on my cedit worthiness.... is a fully satisfied default still going to prevent me from getting any form of credit?
2) Are they correct in telling me that they cannot remove the default from my credit record? Especially if they do not have a properly executed CCA in their possession?
Chips ,
INMHO the satisfied marker on your default will not make a differance to your credit rating , you need to get it removed. They can remove whatever THEY want from your file
HSBC - Default "Fully Satisfied" not removed
regarding a Credit Card CCA which they have been unable to provide.... they defaulted me for refusing to pay while the account was in dispute and the account went to their collection agency and finally to DG Solicitors.
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