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gwk
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I would just like a bit of clarification,lowell has bought accounts off several mail order companies and have placed defaults on these with the cra's.

I would just like to know the difference beetween the account start date and default date as i suspect that these defaults have not been applied in the proper way

Thanks

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Hi

I think a bit more information is needed but for clarification, when a debt is sold, the debt purchaser (Lowell) can replace the original creditors name with their own but the default date MUST stay the same. The balance of the debt can change over time but the default must show the balance at the date of default and that must not change either.

 

What have Lowell done to your file?

If you are asked to deal with any matter via private message, PLEASE report it.

Everything I say is opinion only. If you are unsure on any comment made, you should see a qualified solicitor

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Lowell would not have placed the defaults

the OC would have done so upon sale.

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

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