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.
I don't really feel capable to be dealing with collection agencies, if it is a bad CCA will Egg ever just accept that and right it off?
In my experience, no.
Egg will do everything within their power to get your money out of you.
If they do not have signed agreement (as appears in my case), the only way to get them to acknowledge this and to stop them enforcing the debt seems to be through the courts.
If you have one of the agreements that uses the the dubious 'Approved Limit' term and not the prescribed 'Credit limit' term then you may be able to get the agreement declared unenforceable, but again this will have to be acheived through the courts.
Others on here may have other opinions but i have found Egg will not simply write off the debt.
Edit: just realised, the above appears a bit negative, sorry, it's definately do-able but it will be a hard slog with Egg
Who is dealing with your account now, do you have any idea what sort of amount has been added to the account in the way of charges.
When was the last time you made a payment to the account.
Regards.
Scott.
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@Mr Fox: No worries if it's negative or not, advice is advice so thanks
@Sam614: I will do shortly, thanks.
@Maroondevo52: At the moment Egg deal with my account and I make the minimum payment each month. I rarely miss a payment, about once a year, but it's always there, eating away at what money I have. It hangs like the Sword of Damacles.
After a lot of reading I have gone through that entire thread and it seems I should be going ahead with this.
I will post off a CCA Request letter on Monday. Do I need to to send them a £1 or £10 postal order? I see different figures around.
Also, I have moved out of my parents house 2 years ago (they still live there) but I haven't told Egg. Should I do this before I send my CCA Request? Will it hurt me in any way?
at this time just send off a cca request
its a quid and get a postel order and send recorded delievery
will it hurt you to give your new address, now thats a question
on the cra files , you will be registered at your parents house,
tell them your new address will be fine as long as you have no debt skeletons lurking around
Hi,
I think the crux of this lies in whether or not you own the property you now live in. If you do, in the highly unlikely case that Egg got a CCJ, a Charging Order could follow.
If you don't own the property no problem in letting them know I guess.
CRAs are Credit Reference Agencies such as Experian, they are agencies who hold information on how you handle credit, they get their info from creditors, for example if you default. This info can affect your ability to get future credit or a mortgage.
Hey guys. I just have a couple of more questions before I send anything off.
If I find out that the CCA is unenforceable can I push for a small settlement or write off of the debt whilst still paying the minimum amount so as not to get in trouble with Egg or when they see what I'm doing will they just terminate my account?
Send them this letter with a £2 postal order: (could you check I have changed the correct areas please?)
Dear Sir/Madam
Re:− Account/Reference Number MYNUMBER
This letter is a formal request pursuant to s.78(1) of the Consumer Credit Act 1974. I require you to provide me with a true copy of the credit agreement relating to the above account, together with any other documentation the Act requires you to provide.
I expect you to comply fully and properly with this request, within the statutory time limit. You are reminded that should you fail to comply with my request, the provisions of s.78(6) will apply.
I enclose a postal order in the sum of £2.00, which is the statutory fee. Note that these funds are not to be used for any other purpose.
If you are unable to comply fully and properly with this request, you should confirm this in writing at the earliest opportunity, and certainly within the statutory time limit for compliance, and return the fee.
We look forward to hearing from you.
Yours faithfully
MY PRINTED NAME
Then when they come back, if it's unenforceable, I will carry on paying minimum payment and ask you guys how to go about a final settlement.
I hear Egg sometimes want proof of ID or a signature, what should I send?
Thanks
I feel so odd, sort of like this isn't happening, is happening and shouldn't be happening all at once.
The First Steps
£5,928.71 on a credit card that was applied for probably in 1999 or there about (it's hard to recall).
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Originally Posted by BBG
LOWELL DETESTER.
