Marc Gander - The Consumer Survival Handbook


A 220 page introduction to all things consumer related by our own BankFodder.

Includes energy companies, mobile phone providers, retailers, banks, insurance companies,debt collection agencies, reclaim companies, secondhand car sellers, cowboy garages, cowboy builders and all the rest who put their own profits before you.

£6.99



Patricia Pearl - Small Claims Procedure - A Practical Guide


An excellent guide for the layperson in how to use the County Court - a must if you are intending to start a claim.

£19.99 + £1.50 (P&P)


Results 1 to 9 of 9
  1. #1

    Default PRAC/BW PAP letter of Claim - old Money Shop PDL almost SBd

    Hi all,

    I received a lettericon today from BWLegal in relation to a debt of £704.80 original debt was with The Money Shop, payday loanicon of just over £100.00. The debt is due to be made SB in March. The letter is threatening to take me to court and place a CCJ on my credit file.

    I have typed the below letter and would appreciate any feedback you could give. This will be the first letter they have received from me, I have not made any contact with them previously. I have also typed out the content of the letter I received from them today.

    16th January 2019

    CCA Requesticon removed please do not post our template requests.


    The Below is a rough outline of the letter received today

    Dear MR XXXXXX

    We have been instructed by PRAC Financial Ltd to commence legal action in the form of issuing a claim against you in the county courticon, without further notice, in respect of the above debt. If payment or response is not received before the 14th February 2019. If you dispute this debt please tell us why so we can help resolve this matter.

    Estimated Claim
    Such legal action may result in you being liable for court fees, solicitors costs and statutory interest which are listed below:

    Principal Debt: £708.74
    Estimated Interest: £118.37
    Estimated Court Fees: £60.00
    Estimated Solicitors cost: £70.00

    Enclosures
    Enclosed with this letter are:


    • Information Sheet
    • Reply Form
    • Income & Expenditure form


    Particulars of the debt
    On 20 February 2013 you entered into an agreement with Instant Csh Loans Ltd t/a The Money Shop to provide you with a fixed sum Loan agreement account. You failed to make payment in accordance with the terms of the agreement and it was later terminated and has since been assigned to our client on the 9th December 2016. Notice of this assignment has previously been given to you. Our client is not currently applying any interest, fees or charges to your account.

    Any help with my CCA Requesticon letter is greatly appreciated, I want to make sure I have the correct sections quoted etc.

    Thanks in advance

    regards

    Veteran6224

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  2. #2

    Default Re: PRAC/BW PAP letter of Claim - old Money Shop PDL almost SBd

    so its a PAP letter of claimicon?

    do as post 4 here.
    https://www.consumeractiongroup.co.u...e-1st-Oct-2017

    moved to the PDL forum and retitled

    PLEASE REFRAIN FROM HITTING 'REPLY WITH QUOTE' IF YOU ARE SIMPLY REPLYING TO THE LAST POST IN A THREAD..JUST TYPE!!
    it makes a thread twice as long to scroll through..save data download times and costs
    If you want advice please PM me a link to your thread. PM advice is not allowed!!
    DX
    RIP Martin3030

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  3. #3

    Default Re:  PRAC/BW PAP letter of Claim - old Money Shop PDL almost SBd

    Thank you for the swift reply. So to confirm, I need to send the above CCA Requesticon alongside a PAP as per the post in the link you provided?

    if so, is the CCA Requesticon letter I typed OK to send as is?

    Thanks

    veteran6224


  4. #4

    Default Re: PRAC/BW PAP letter of Claim - old Money Shop PDL almost SBd

    Our client is not currently applying any interest, fees or charges to your account.
    How nice of them. Pity they cant do that anyway.

    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
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  5. #5

    Default Re: PRAC/BW PAP letter of Claim - old Money Shop PDL almost SBd

    just follow post 4 there
    and our CCA Requesticon
    no need to adapt anything.

    PLEASE REFRAIN FROM HITTING 'REPLY WITH QUOTE' IF YOU ARE SIMPLY REPLYING TO THE LAST POST IN A THREAD..JUST TYPE!!
    it makes a thread twice as long to scroll through..save data download times and costs
    If you want advice please PM me a link to your thread. PM advice is not allowed!!
    DX
    RIP Martin3030

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  6. #6

    Default Re: PRAC/BW PAP letter of Claim - old Money Shop PDL almost SBd

    How did a PDL get to be 6 - 7 times larger than the amount borrowed?


  7. #7

    Default Re: PRAC/BW PAP letter of Claim - old Money Shop PDL almost SBd

    Bogus charges. Adding on interest after defaults.

    Minicredit used to be the kings of doing it. There are threads about loans of 150 turning into over a thousand.

    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
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  8. #8

    Default Re: PRAC/BW PAP letter of Claim - old Money Shop PDL almost SBd

    Update

    I received a response today to my initial letter to BW Legal. They have Confirmed that the file has been placed on hold whilst they query the matter with their client. They also state that they will contact me upon receipt of a response from their client (Money Shop)

    From your experience what are the next likely outcomes? If they have the original agreement signed by me and send evidence what should I do? The debt is statute barredicon in March.

    If they donít have the original agreement do I send another letter requesting they remove the default and stop chasing me for it?

    Thanks in advance


  9. #9

    Default Re: PRAC/BW PAP letter of Claim - old Money Shop PDL almost SBd

    cant get the default removed no the oc registered that upon sale or before nothing to do with the debt buyer or their dogs.

    what or not paperwork they hold is immaterial once the debt hits sb.

    you simply fire of our sb letter and forget about it.

    sit on your hands.
    don't enter into any stupid letter tennis.

    dx

    PLEASE REFRAIN FROM HITTING 'REPLY WITH QUOTE' IF YOU ARE SIMPLY REPLYING TO THE LAST POST IN A THREAD..JUST TYPE!!
    it makes a thread twice as long to scroll through..save data download times and costs
    If you want advice please PM me a link to your thread. PM advice is not allowed!!
    DX
    RIP Martin3030

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