Hi All

I'm new to the forum and this is my first post.

Today,

I have decided to take action with 2 old Liverpool Victoria debts,

one was a personal loan taken out in the end of 1999 or early 2000 for 10k over 5 years.

This was defaulted on around 2002 and payment arrangements made with Liverpool Victoria, then sold to Capquest July 2009.

I have been paying £12.00 per month by direct debit for years at least since before the debt was sold

Capquest have been adding on large sums of interest and charges, my debt continues to grow.

I believe that I read somewhere on this forum that interest and charges can't be added after the length of the original agreement.

The second was for a LiverPool Victoria Credit Card, same story as above but the debt when sold was £2945.27.

I'm not sure that PPI was claimed for the credit card i know that it wasn't taken out for the loan

- should i send a PPI request to Liverpool Victoria to start with?

I haven't received an annual statement from Capquest since October 2012

and have had no dealings with them since the debt was sold and the direct debit was set up.

They haven't even bothered to ask for an increase

and now I'm inclined to think that's because they don't want to rock the boat.,

I am scared of dealing with them as they added a second default for the same debt to my credit file years ago and despite sending off the evidence off the the Credit companies and the Ombudsman it wasn't removed and my credit file is perfect now.

I now that it's not statue barred as I have been making payments,

surely they can't me to court for a 17 year old debt,

after spending the afternoon reading some threads on here,

i'm beginning to think there is no paperwork to back up these debts

and the loan was agreed over the telephone,

I do remember that.

I'm assuming I CCA request Capquest first

have only been learning information from the site today,

any help and advice would be appreciated on these two debts.

Thanks for reading, i hope it's all clear.

Keep on reading the site to improve your understanding. You are doing pretty well so far.

Yes, send CCA requests to everyone and also if you suspect any PPI – even if you don't, then send SARs to get previous statements to see if there are any payments there.

I expect that our team member DX will be along soon and will give you more detailed advice

Thank you BankFodder for the quick reply and I'll get on to this now. So glad I found this site but there is so much to learn.

Here is something to motivate you

http://www.consumeractiongroup.co.uk/forum/showthread.php?479892-Thankyou-CAG-A-success-story

CCA request first and foremost, ensure you get ''proof of posting'' which is free from the PO counter.

You're being mugged off, and are what is know as a Cash cow, the reason why they're not contacting you is because they know you're easy pickings and will pay forever.

IMO, I'd stop paying now all together, they've had more than their fare share of profit out of you.

At the VERY LEAST you need to cancel those direct debits, if you want to continue paying them, then set up a standing order, this will stop them emptying your account.

Seriously consider stopping paying them anything.

That's great news and made me more determined to sort this matter out.

A quick question, I'm not sure if these debts were in my originally in my single name or married name, the deed of assignment is in my married name but I haven ow reverted back to my single name-I'm assuming legally I should use my maiden name for the CCA's and SAR's?

Thanks Bazooka Boo, for your input,

after looking at this site I sort of realised why they hadn't been in touch - easy target!

Do I send the letters to Capquest or Capquest and Liverpool Victoria or both?

Sorry Just clicked on the link it's Capquest.

I will post the letters tomorrow and make sure I get proof of posting.

HI Roxy...

Can i ask where you found out about the Deed of Assignment?

I called Liverpool Victoria to discuss my payment due to a change of circumstances and they advised me and also sent me a letter for both debts confirming this. I also had a letter from Capquest confirming but haven't found this yet, I do have another pile of paperwork to go through but I know that I wouldn't have binned it, so it must be somewhere.

Well a ''Deed of assignment'' is a confidential document, between two corporations which you won't get sight of.

They probably mean 'Notice of assignment' which to be honest isn't worth bothering about.

CCA requests, and STOPPING payments to these vultures is your priority!

I dread to think how many hundreds of pounds you've wasted paying these chancers.

Stay OFF the phone, if they ring, laugh and hang up.

Whoever is chasing you, or whoever it is you're paying now, send them the CCA request, enclose the £1 postal order, BUT ensure you leave it blank.

Thanks for your reply. They haven't got my phone number or correct address yet as I moved last year and I won't give them any phone numbers, as I still remember those threatening calls in the past from debt collectors.

Is there a reason that I don't put a payer on the Postal Order?

Thanks for your reply. They haven't got my phone number or correct address yet as I moved last year and I won't give them any phone numbers, as I still remember those threatening calls in the past from debt collectors.

 

Is there a reason that I don't put a payer on the Postal Order?

Once you request DSARs and CCA requests they will have your address...as they should otherwise they could issue a court claim to your previous address and you would not be able to defend it.

Is there a reason that I don't put a payer on the Postal Order?

Yes , you leave it blank so they can fill it in, IF they have anyone that can write!

If you fill it in, then they simply return it saying it should be addressed to bill & ben, or some other, simply to frustrate the legal process.

Roxy, I'm in a similar boat. Get that CCA rolling. Best of luck!