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Lowell claimform - old GE holiday Ownership Loan***Claim Discontinued***


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Having sorted my own issues, I'm now trying to help a friend.

Lowells have issued a claim on 10th April so I've completed the Aos & CCA'd and SAR the OC plus 31.14 and CCA'd Lowells

 

The claim relates to a loan for a kitchen which included a lump sum PPI payment as part of the loan, (friend was self employed at the time of inception, PPI has been reclaimed).

 

POC

The Defendant entered into a CCA1974 regulated agreement with GE Holiday Ownership Loan under account ref XXXX ("The Agreement")

The Defendant failed to maintain the required payments and a Default Notice was served and not complied with

The Agreement was later assigned to the Claimant on XXX and notice was given to the Defendant

Despite repeated requests for payment, the sum of XXX(£7k ish) remains due and outstanding.

And the Claimant claims

a) The said sum of £7k ish

b) Interest pursuant to s69 County Courts Act 1984 at the rate of 8%pa from the date of assignment to the date of issue, accruing at a daily rate of £1.50, but limited to one year, being £550

c) costs

 

Prior to payments ceasing (financial distress) a CMC looked at the agreement & reckoned it was unenforceable, took a fee & said they would deal with the matter.

Unsurprisingly, the CMC has gone out of business!!

 

The DN looks faulty to me and includes inflated charges

Will wait for result of CCA & 31.14 before posting agreement for comment.

Am I on the right lines?

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please scan up your documents you mention to ONE multipage PDF file

follow the upload

 

 

dx

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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  • 2 weeks later...
Letter of discontinuance received, not showing on MCOL yet but looking good :)

 

Notice of Discontinuance does not register on MCOL...but well done.

 

Thread title amended to reflect the outcome.

 

Regards

 

Andy

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great news.

 

 

dx

 

 

 

 

 

 

 

 

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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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