Hello all.

I have debts that are approaching 6 years old (next March - 2016), from credit cards.

I defaulted during the crash as I was made redundant and career effectively ended.

I went into default immediately

after a period of hassling from creditors I moved house a couple of times (to chase work) and the hassling died down to a trickle.

Now suddenly I have a letter threatening CCJ if I don't pay the full amount (near 10k) in two weeks.

It looks serious to me too; I've not had a letter like this before.

What can I do?

I've put a little money aside (around £3k) which I could try to use to keep them off my back,

but that would then acknowledge the debt

and I'm so close to the 6 year statute bar.

And would this satisfy them or just give them the taste of blood?

If I send a CCA letter will this put the CCJ action on hold?

Any help gratefully accepted.

chris

Hi chris_m_and Welcome to CAG

I have moved your thread to a more appropriate forum for the best response.

Regards

Andy

Hello all.

 

I have debts that are approaching 6 years old (next March - 2016), from credit cards. I defaulted during the crash as I was made redundant and career effectively ended. I went into default immediately and after a period of hassling from creditors I moved house a couple of times (to chase work) and the hassling died down to a trickle.

 

Now suddenly I have a letter threatening CCJ if I don't pay the full amount (near 10k) in two weeks. It looks serious to me too; I've not had a letter like this before.

 

What can I do? I've put a little money aside (around £3k) which I could try to use to keep them off my back, but that would then acknowledge the debt and I'm so close to the 6 year statute bar. And would this satisfy them or just give them the taste of blood?

 

If I send a CCA letter will this put the CCJ action on hold?

 

Any help gratefully accepted.

 

chris

send a CCA request and report back here their response, they have 12 + 2 days to produce or they cannot proceed without satisfying your request, initially that is a start, best to list all details regarding this account i.e. taken out . when, last payment, default date, etc etc without giving personal info on here i.e reference numbers.

I have debts that are approaching 6 years old

How close is close chris ?

Thanks for all the quick replies!

Close is about March next year.

Given that they have 14 days to respond to the CCA,

and they've already said they will proceed with CCJ in 14 days,

can they do both simultaneously

. ie hit me with both letters in the post at the same time?

If they do that I would have lost my opportunity to negotiate a reduced payment, yes?

Thanks

yes they can, but at that point then until they produce a enforceable CCA1974 then that would be your defence, most DCAs/debt purchasers solicitors know this but issue anyway hoping you are non the wiser and cave in!

But if they did produce a valid CCA in 14 days, and the CCJ notice of action, what defence do I have?

Send your section 77/78 request ...pronto.

Is that the CCA?

Yes

OK Thanks. And this should go to Arrow Global right, rather than Restons?

OK Thanks. And this should go to Arrow Global right, rather than Restons?

Yes

Restons they are the solicitors, they then know what is going on, they are agents of Arrow so will pass on request to necessary O.C. send Recorded delivery and make copy of receipt from Royal mail site and attach to your letter

Restons they are the solicitors, they then know what is going on, they are agents of Arrow so will pass on request to necessary O.C. send Recorded delivery and make copy of receipt from Royal mail site and attach to your letter

Not necessarily..This is Restons ..the request is not legally binding unless its sent to the creditor...you could drop them a line in response to their threatogram stating that you are currently waiting a response to your section 77/78 request......that will stall them if their intentions are true.

Arrow global only have a PO box anyway so I'm not sure recorded delivery would work? Maybe send a copy to each?

Yes sure

Note:- the time scale is 12 + 2 Working Days for a CCA request, failure to comply render the debt unenforceable UNTIL the agreement is supplied.

Legal Information

Arrow Global Limited

Registered Number: 5606545

VAT Number: 997 3442 67

Authorised and regulated by the Financial Conduct Authority for accounts formed under the Consumer Credit Act 1974 (as amended). Consumer Credit Act Licence Number: 0578436

Data Protection Act Notification Number: Z9260328

Arrow Global Accounts Management Limited*

Registered Number: 05478076

VAT Number: 997 3442 67

Data Protection Act Notification Number: Z9477941

Arrow Global Management Limited*

Registered Number: 07373491

VAT Number: 997 3442 67

Data Protection Act Notification Number: Z3628309

Arrow Global Receivables Management Limited*

Registered Number: 5875306

VAT Number: 997 3442 67

Data Protection Act Notification Number: Z9580720

Arrow Global Limited, Arrow Global Accounts Management Limited, Arrow Global Management Limited and Arrow Global Receivables Management Limited are registered in England and Wales.

Registered Office:

20-22 Bedford Row

London WC1R 4JS UK

Arrow Global Guernsey Limited*

Registered Number: 49547

Data Protection Act Notification Number: Z1552619

Arrow Global Guernsey Limited is registered in Guernsey.

Registered Office:

La Plaiderie House

La Plaiderie

St Peter Port

Guernsey GY1 1WG

* Accounts are administered through Capquest Debt Recovery Limited, which is authorised and regulated by Financial Conduct Authority to carry on regulated consumer credit activities under registration number 475757.

Capquest Debt Recovery Limited

Registered Office:

Belvedere

12 Booth Street

Manchester M2 4AW

Registered Number: 03772278

Data Protection Act Notification Number: Z7224604

But could they still start the ball rolling with the CCJ while obtaining the documents needed to satisfy my CCA request?

I'm concerned that I might lose the opportunity to negotiate a final payment.

I've actually just checked the letter (which I received yesterday) again and it only gives me until 4th December - 7 working days - to pay in full before they start CCJ action.

Thanks old_cogger, I should probably send it to

Arrow Global

Registered Office:

20-22 Bedford Row

London WC1R 4JS UK

then, yes?

But could they still start the ball rolling with the CCJ while obtaining the documents needed to satisfy my CCA request?

I'm concerned that I might lose the opportunity to negotiate a final payment.

 

I've actually just checked the letter (which I received yesterday) again and it only gives me until 4th December - 7 working days - to pay in full before they start CCJ action.

Well that's the intention..... to play with your mind.....if they issue a claim just because you made a request for the agreement then it does not bode well for any prospective F&FS negotiations.....which you can still do even if they do submit a claim.

Then send your CCA off now, today, that will get to them before their deadline and stop them in their tracks.

When were the credit cards for this debt taken out, before April 2007 or after?

Is there any way to discuss the possibility of a reduced final payment with them without accepting the debt is mine? (a long shot I know!)

But could they still start the ball rolling with the CCJ while obtaining the documents needed to satisfy my CCA request?

I'm concerned that I might lose the opportunity to negotiate a final payment.

 

I've actually just checked the letter (which I received yesterday) again and it only gives me until 4th December - 7 working days - to pay in full before they start CCJ action.

See Item 6 above:-

you could send copy of CCA1974 request to Restons for information purposes1 see if they continue to issue a N1 court case form, they all use scare tactics to see if you panick and pay up. read threads and you will see what happens oir get a good idea.

daverules - I would say before, but it might be tight. I don't have exact records, and I think I may have consolidated a couple of credit cards into a loan with the same company around that time. I was foolish in those days and didn't keep records.