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    • Thank-you dx, What you have written is certainly helpful to my understanding. The only thing I would say, what I found to be most worrying and led me to start this discussion is, I believe the judge did not merely admonish the defendant in the case in question, but used that point to dismiss the case in the claimants favour. To me, and I don't have your experience or knowledge, that is somewhat troubling. Again, the caveat being that we don't know exactly what went on but I think we can infer the reason for the judgement. Thank-you for your feedback. EDIT: I guess that the case I refer to is only one case and it may never happen again and the strategy not to appeal is still the best strategy even in this event, but I really did find the outcome of that case, not only extremely annoying but also worrying. Let's hope other judges are not quite so narrow minded and don't get fixated on one particular issue as FTMDave alluded to.
    • Indians, traditionally known as avid savers, are now stashing away less money and borrowing more.View the full article
    • the claimant in their WS can refer to whatever previous CC judgements they like, as we do in our WS's, but CC judgements do not set a legal precedence. however, they do often refer to judgements like Bevis, those cases do created a precedence as they were court of appeal rulings. as for if the defendant, prior to the raising of a claim, dobbed themselves in as the driver in writing during any appeal to the PPC, i don't think we've seen one case whereby the claimant referred to such in their WS.. ?? but they certainly typically include said appeal letters in their exhibits. i certainly dont think it's a good idea to 'remind' them of such at the defence stage, even if the defendant did admit such in a written appeal. i would further go as far to say, that could be even more damaging to the whole case than a judge admonishing a defendant for not appealing to the PPC in the 1st place. it sort of blows the defendant out the water before the judge reads anything else. dx  
    • Hi LFI, Your knowledge in this area is greater than I could possibly hope to have and as such I appreciate your feedback. I'm not sure that I agree the reason why a barrister would say that, only to get new customers, I'm sure he must have had professional experience in this area that qualifies him to make that point. 🙂 In your point 1 you mention: 1] there is a real danger that some part of the appeal will point out that the person appealing [the keeper ] is also the driver. I understand the point you are making but I was referring to when the keeper is also the driver and admits it later and only in this circumstance, but I understand what you are saying. I take on board the issues you raise in point 2. Is it possible that a PPC (claimant) could refer back to the case above as proof that the motorist should have appealed, like they refer back to other cases? Thanks once again for the feedback.
    • Well barristers would say that in the hope that motorists would go to them for advice -obviously paid advice.  The problem with appealing is at least twofold. 1] there is a real danger that some part of the appeal will point out that the person appealing [the keeper ] is also the driver.  And in a lot of cases the last thing the keeper wants when they are also the driver is that the parking company knows that. It makes it so much easier for them as the majority  of Judges do not accept that the keeper and the driver are the same person for obvious reasons. Often they are not the same person especially when it is a family car where the husband, wife and children are all insured to drive the same car. On top of that  just about every person who has a valid insurance policy is able to drive another person's vehicle. So there are many possibilities and it should be up to the parking company to prove it to some extent.  Most parking company's do not accept appeals under virtually any circumstances. But insist that you carry on and appeal to their so called impartial jury who are often anything but impartial. By turning down that second appeal, many motorists pay up because they don't know enough about PoFA to argue with those decisions which brings us to the second problem. 2] the major parking companies are mostly unscrupulous, lying cheating scrotes. So when you appeal and your reasons look as if they would have merit in Court, they then go about  concocting a Witness Statement to debunk that challenge. We feel that by leaving what we think are the strongest arguments to our Member's Witness Statements, it leaves insufficient time to be thwarted with their lies etc. And when the motorists defence is good enough to win, it should win regardless of when it is first produced.   
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      The judge's reasoning is very useful and will certainly be helpful in any other cases relating to third-party rights where the customer has contracted with the courier company by using a broker.
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Picture Secured Loan


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I've come home today to be told by my husband that a company called Excel have been to our home.

 

I know it's regarding a Picture secured loan we have.

It was secured on our property that was repossessed just over 3 years ago.

We have made no payments for 3 1/2 years.

 

I did call advising the agent not to call again.

He said I've a secured loan to pay and he seemed surprised when I said the property was repossessed 3 years ago.

 

Can someone advise how best to proceed.

I'm a carer for my husband who is on high rate disability benefits and we private rent our house.

We have 3 daughters aged 18, 15 and 13 who all live at home.

We have very little money spare.

 

What's the worst they can do to us?

 

Thank you

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The creditor could go to court to obtain a CCJ and try to enforce. You would defend or agree to regular payment based on affordability, taking into account your financial situation. So they might not get much.

 

In this situation, if you get a letter through, it might be worth stating in writing that you rent your current property, own no assets, that earnings are limited to disability benefits and there are three children being raised. Advise them that it is very unlikely that you would ever be in any adequate financial position and that they might wish to consider this.

 

If you don't ever respond, the creditor might not know your position and then possibly go for a CCJ. This can cause difficulty renting privately and you might want to avoid. If they knew the situation, they might make a decision not to chase the debt, as any low regular payments might never cover the cost they incur.

 

Nb. If you ever receive a court claim, don't ignore it. Come here for advice first

We could do with some help from you.

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Many thanks for the advice.

 

Would it be best to try and speak to Picture direct? I really don't want an agent in my home simply due to my husbands poor physical and mental health. Also must I complete a income/expenditure form the agent wants?

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Many thanks for the advice.

 

Would it be best to try and speak to Picture direct? I really don't want an agent in my home simply due to my husbands poor physical and mental health. Also must I complete a income/expenditure form the agent wants?

 

Yes you would contact Picture and you don't have to complete any financial info forms sent.

 

The obvious question, is why do you owe a debt following repossession ? Was there no equity in the property ? Or if there was equity was it eaten up in costs ?

 

Have you ever looked into the repossession financial details ?

 

Was it picture or another company that repossessed ?

 

Before you send any letters advising of the situation, perhaps it might help to understand how this debt was created and what info you have been provided about it.

We could do with some help from you.

PLEASE HELP US TO KEEP THIS SITE RUNNING EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

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My husband had lost his job due to illness and it took time for benefits to be sorted.

Our house was old and needed a lot of work doing so after considering our circumstances at the time we handed the keys back.

 

We had a £115,000 mortgage and £25,000 secured loan.

The house sold for £60,000 therefore leaving a large shortfall.

 

As of yet we haven't heard from the mortgage company and only heard from Picture last month after 3 years.

 

I'll admit I've made no attempt to pay.

I buried my head in the sand.

My husbands health is poor and he's recently been diagnosed with PTSD.

He sees a psychiatrist for mental health issues after suicide attempts.

 

I really don't want an agent in the home as it will cause him stress.

 

I've been trying to locate Pictures details online but i can't find a telephone number

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well its no longer secured so theres rather stuff all picture can do

 

as for the field agent

tell 'em to do one or you'll call the police 101

 

for a start it'll cost you money

and most probably already has.

about £100 even if the 'visit' fails

 

just to reassure you

they like DCA's have stuff all legal powers

they ARE NOT BAILIFFS

you've no legal remit to talk to them at aLL.

 

I would bet the debt has either been sold on

or picture have littered your balance with all kinds of unlawful penalty/arrears/letter/phone/debt management fee

that will have atleast doubled you loan from your last 'balance.

 

I would suspect this no longer shows on your credit files?

if you can fend them off for a few more years [6 from last payment]

it will become statute barred.

 

go get that credit file

lets see if it clean.

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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Don't speak to companies on the phone.

 

If your Husband is still registered with local mental health services, they might be able to help, by writing a letter to Excel warning them of the situation and they must not visit again.

 

I would leave the mortgage company alone, as they might well understand that it is very unlikely that they will get paid the debt.

 

In regard to Picture, again local mental health might have some debt assistance service, where someone can write to them on your behalf. If not, just send a letter advising them of the situation. Picture would not be the first creditor in line for any debt repayment anyway, their loan was second to the mortage. I would just draw their attention to the health and financial situation.

We could do with some help from you.

PLEASE HELP US TO KEEP THIS SITE RUNNING EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

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I've been using Noddle and it dropped off last month but I was told they had 12 years to chase a secured debt.

The default was registered is Sept 2011 but I'm sure the last payment was sometime in 2014.

 

The debt isn't secured tho

Any advice i give is my own and is based solely on personal experience. If in any doubt about a situation , please contact a certified legal representative or debt counsellor..

 

 

If my advice helps you, click the star icon at the bottom of my post and feel free to say thanks

:D

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I've been using Noddle and it dropped off last month but I was told they had 12 years to chase a secured debt. The default was registered is Sept 2011 but I'm sure the last payment was sometime in 2014.

 

As far as I know, any mortgage/secured debt has a limitations period of 12 years for the capitol amount and 6 years for interest.

 

The reality is that the mortgage shortfall debt and the second loan debt will never be paid.

 

Yes they could get a CCJ and gain minimal regular payments. Not sure why they would do this, other than think the debt has a higher market value, so could be sold on.

 

Not sure i would hold on for 6 years or 12 years to pass, not paying anything or replying to letters and hoping it just goes away. Given the health situation, i think you should try to see if they will back off and decide not to chase it. A simple letter ( without admitting to owing the debt) just stating the health and financial situation, should hopefully lead to them not harassing you for payment.

We could do with some help from you.

PLEASE HELP US TO KEEP THIS SITE RUNNING EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

 Have we helped you ...?         Please Donate button to the Consumer Action Group

 

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Here is a very good and up to date guide on the issues from National Debtline

 

https://www.nationaldebtline.org/EW/factsheets/Pages/mortgage-shortfalls/mortgage-debt.aspx

 

Remember that you don't have to accept any harassment just because a debt is owed. After you have written to anyone advising of your situation, you should expect to be treated properly. If you experience any difficulties, then make a complaint and escalate if necessary. All financial services companies are accountable to FCA, FOS and other bodies they belong to.

We could do with some help from you.

PLEASE HELP US TO KEEP THIS SITE RUNNING EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

 Have we helped you ...?         Please Donate button to the Consumer Action Group

 

If you want advice on your thread please PM me a link to your thread

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forget the mortgage its outside 6yrs

 

as for picture

have they been writing to you

or was excel the first contact

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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forget the mortgage its outside 6yrs

 

as for picture

have they been writing to you

or was excel the first contact

 

The house was only repossessed in September 2014.

 

Picture wrote to us about 3 weeks ago just saying we've found you, ring us but I didn't. Then yesterday an agent from Excel turned up.

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With the mortgage you might have taken out some form of mortgage indemnity cover. It would have been something the mortgage company arranged and you paid a one off amount as part of the mortgage application. Then later on when the repossession happened the mortgage company claimed against the indemnity cover and they therefore are not as bothered about chasing you.

 

If the mortgage company have not contacted you within 6 years of handing in the keys, then if they come under the FCA MCOB financial policy, then after 6 years of no contact, they should not chase the debt.

 

Going by what i have read, these secured loan companies like Picture, who have taken a second charge, are more likely to chase debts. If they have asked Excel to visit, then they are looking at trying to enforce the debt. Therefore wise to advise them of the health and financial situation. If after you have written to them, they write to you again, come back for more advice.

We could do with some help from you.

PLEASE HELP US TO KEEP THIS SITE RUNNING EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

 Have we helped you ...?         Please Donate button to the Consumer Action Group

 

If you want advice on your thread please PM me a link to your thread

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  • 2 years later...

Just a quick update.

 

One of the creditors we wrote to (Picture) have thanked us for updating our address with them but as we didn’t sign the letter they won’t change it on their system and have included a document for both of us to sign to confirm our current address.

 

How do I proceed.

 

Thank you

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what is the status of this picture loan please

full story

 

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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Share on other sites

It was taken out roughly 2004 and secured on our house.  

We moved in 2007 and the security transferred to that house.  

That house was repossessed in 2014.

 

 Last payment was roughly June 2014.  

They send yearly statements but that’s all we’ve ever heard.

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nothing they can really do then.

next time don't allow a debt to be transferred over to a CO on the new house

you are under no legal obligation to do so.

 

so not too far from SB date then..:bounce:

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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