Dear All,

I received an email today from Stockslegal stating I have not responded to previous nor arranged repayment of my outstanding liability.

In the circumstances our instructions are to commence legal proceedings against you..

It goes on to say in terms of prospective legal proceedings they ask me to please note that our clients position, HSBC, is fully reserved in terms of the choice between

a) Debt revery proceedings or

b) Bankruptcy..

There is some more info giving me another 7 days to make proposals to pay the debt.

Then the last paragraph says please note proceedings will be served at your last known place of residence.

If we are successful in obtaining a judgement against you we will seek to enforce the same against you to recover our clients debt.

Can enlightened readers kindly share their thoughts and advice as this has of course got me very worried.

I am not in a position to pay the full debt back unless over many years and I cant become bankrupt or I may lose the house which my family needs to live in, and this would put me much further into debt.

Many thanks.

They have also emailed my wife directly, surely this isnt right.

How on earth they got her private email address when we were not together at the time or indeed is this anything to do with her.

Have a read of this linked where someone is facing a similar situation

http://www.consumeractiongroup.co.uk/forum/showthread.php?471877-Dubai-Car-Finance-debt-being-chased-in-the-UK-by-Stockslegal-limited/page2

How much is the debt approx ?

What type of debt ? E.g Private bank loan, credit card

When did you stop paying ?

You can end up with a court judgement against you, because the claim has gone to an old UK address and the claimant has won by default. They would not have had to supply any documents to the court, because the claim was not defended. Trying to then set aside the court judgement and to defend the claim would be difficult.

Best advice is not to hide and to make them provide all documents in English. If it looks like you are not an easy target, then they might not bother to go all the way through a coutt claim.

They obviously know from UK records you are married, but might not have current residential address.

180k AED, I think its a credit card ,but it was so long ago. Stopped paying in 2009 early 2010.

There has been no claim yet apart from the letter. My point is I will wish to defend the claim.

Thank you.

bar pers stuff can you copy the email here please as it is not your version of what it says..

worst fleecers out there for UAE debts that are owed to no-one and simply line their pockets

most are also state barred anyway. or very close

they've waited all this time so they can add 6yrs of interest too incase you are mug enough to contact them.

dx

Yes copy and paste the email to this thread.

It can't be that difficult to find your current address, so i wonder why an email was sent. Perhaps they are not totally sure you are in the UK.

They are ringing my UK phone and also using a cover company to reach my details via LinkedIn. They have a UK address as I understand they sent a letter as mentioned.

had to remove your attachment

as we can see thru pen!

as the guide points out

can you redact properly and repostt as per the upload

but

that's a threat-o-gram

doesn't say will anything if you read it properly.

dx

Thank you Dx

dx shall I upload the now properly redacted form in the same way as last time?

Call me a luddite but I cant follow what you mean by this.".as per the upoad

forget that..when I typed upload it gave me the link!

help if I typed upload properly too...

Stockslegal email letter redacted properly, I hope..

I would think the Dubai Bank would have to have a court judgement in Dubai, before a UK court would look at it, given the debt goes back to 2009/10.

I don't think the foreign judgements act limitations period allowing more than 6 years to go to court means any direct access to UK court.

I think there has to be a Dubai judgement first and then they can try to transfer to a UK court with the Dubai limitations period applying which from memory is 20 years.

If Stockslegal know your UK address and they are certain of their legal position to enforce the debt in the UK, why are they not issuing a letter before action followed by relevant court application.

If they are sending standard debt collection threatograms, it means they don't know whether they can proceed to enforce the debt legally.

Not being a legal eagle I am glad to hear it is a threat o gram, however if I read it with my common or garden knowledge then it seems to me the last paragraph does say "Please note proceedings will be served at your last known...etc and that they will"

The debt is from 1st quarter 2009 I recall. I had left Dubai by then. Thank you for your input and help. I will donate.

no read it properly [ps ive removed the ref number in your scan!!]

its not saying they WILL issue proceeding..

its saying if they do it will be issued to your last uk address.

the devil in threat-o-grams is ALWAYS in the fine detail.

sorry but as with all these UAE debts

its a massive fleecing exercise...

they would bother going to such extents if they really thought they'd win

they'd simply do it.

but a 20p threat-o-gram

gets them millions of pounds as with all DCA's.

if only people read the letters properly and stopped paying DCA's and their fake/tame solicitors

the whole industry would collapse tomorrow

and the courts would have the time and the staff to deal with real issues.

not be snowed under with 900'000 speculative claimforms a year

The debt is from 1st quarter 2009 I recall. I had left Dubai by then. Thank you for your input and help. I will donate.

That email is not a proper letter before action.

I think you are probably best to not hide from this and deal with it, asking for full disclosure of all documents from the Dubai Bank. E.g copy of any financial agreement includimg full terms/conditions with translation document into English, copy of any default notice with translation into English, copies of statements of account, copy of any Dubai Court judgement with court translation into English.

Get them to supply everything and if they do so, then obtain further advice.

Thank you for your advice

Some complicated reading regarding applying foreign limitations periods in the UK.

http://www.civillitigationbrief.com/2016/12/04/undue-hardship-and-the-foreign-limitation-periods-act/

I think taking you to court in the UK would be pretty complicated, given that it would be addressing the debt under UEA law and then there are arguments about limitations period.

If places like Dubai have lots of foreign workers taking out loans there, then they could arguably set a limitation period of 100 years. I think it is 20 years. But the point is that they could just sit on a debt for 10 years waiting for financial circumstances of the debtor to change. It would be pretty unfair and cause undue hardship, if they tried to apply a debt exceeding the UK limitations period, when the debtor had moved on, bought a house, got married etc etc.

My solicitor had a reply stating foreign limitation period act and also the UAE civil code article 473.

They state the matter is not statute barred and wish instructions on repayment as their client seeks to resolve the matter amicably.

They have stated that I am indebted to their client and they have instructions to pursue for recovery of the same.

As advised in my previous posts ask for all the documents i mentioned to be provided in English.

If they want to use English courts, then they need to supply documents in English.

And you are entitled to have these documents now.

They are just trying to get you to enter into payments, as the cheapest possible recovery option for them. There is no guarantee they would succeed in gaining a court judgement in England.

Update:

Nothing heard back from Stockslegal.

However another firm called IDRWW have been in contact and also sent a letter recently asking me to engage with them and resolve the problem.

They said they would like to do this whilst we are managing the account before our client moves the account into a legal collections process with solicitors CWD.

They then go on to say legal costs will be added to outstanding balance under the terms of the indemnity.

Further says a transfer to legal collections is also likely to result in less flexibility etc..

Please contact within 7 days.

FHere are some debt advice companies etc..yours sincerely.

Ignore

Next desk nearer the bog same portacabin

Letter received.

IDletter.pdf

load of ole twaddle!

dx

Yes much of it is twaddle.

CWD do appear to take court actions,

but mostly easy targets that don't respond to them.

As soon as people start making requests for UAE debt information in English e.g Credit card agreement, terms and conditions, default notice, UAE court actions if relevant etd, they seem to go quiet.

If they do manage to provide all information in English and the debt is enforceable in the UK, they become uniterested in accepting small regular payments being made and give up..

This is going by reading these threads for a few years.

Advice is to wait to see if CWD do write and if they do send a letter as explained.

Hi PPhagis - really interested to hear any updates or progress you might have had. I'm facing the same people and wonder whether they are actively pursuing.

Tobe