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Posts posted by Massamum

  1. I have a statute-barred loan originally from Lloyds which was sold to various debt collection agencies over the years.


    Today I received a letter from Capquest informing me that they are paying a refund from Lloyds into this loan account. They say:


    "Your Notice of Sums in Arrears, or NOSIA, should have been dated 1/2/2008 and you should have received it by 14/12/2008, so we're including a corrected NOSIA with this letter and refunding you £69. This amount covers the period between 15/12/2008 and 01/02/2018."


    My questions are, can they do this?


    Does this mean the loan will become active again?

    What can I do?


    Any help most appreciated,


    hank you.

  2. Hi ericsbrother, thank you very much for your reply. The overtime has more or less come to an end now as the busy period has passed.


    Sorry, I got it wrong, it is actually the Housing Benefits people who are chasing my sister, not HMRC. So, it sounds like my sister's housing benefit will be affected because of the overtime over the last six months or so? I'm not completely sure what you mean by the wrong assumptions about this year's income not being based on irregular overtime paid last year??? Do you mean that they will assume her income this year will be the same as last year, even though it will be less? What would be the best approach when drafting a letter to the Council? Could you, or someone else possibly help with some pointers for us to draft a letter for her? It would be most appreciated if possible. Thank you.

  3. A family member is having a problem with her working/child tax credits so I offered to try and help her out via the lovely CAG members.


    She was working 16 hours a week but increased to 22 hours a week last year, which she declared to HMRC, so has been expecting an adjustment in her tax credits and housing benefit. They have recently written to her asking for £1,149 back.


    Over the last six months or so she has come under a lot of pressure from her job to work overtime as they have so much work on. She was hoping this would not be taken into account as it isn't usually a regular thing. However, one month she worked an extra 40 hours (this is the exception rather than the rule though).


    HMRC are now asking for six months back payslips and these will, of course, show all the overtime she has done. She is really worried that she will get into a lot of trouble because of this and that she will go to prison! Is this likely to happen? She hasn't deliberately set out to defraud, the extra money has enabled her to treat her little girl to a short break, clothes etc and to buy some much needed bits and pieces for the house. Is regular or irregular overtime taken into account for working/child tax credit purposes?


    Any help would be most appreciated please. Thanks in advance.

  4. I have just seen on TV that it is an offence (£1,000 fine) not to notify DVLA of a new address. I have been looking into this as I moved over two years ago and just haven’t gotten round to doing so. During my enquiries online I also came across medical problems that should be reported to the DVLA, one of them is sleep apnoea which I have suffered from for years. I’m now really worried that if I apply to change my address and also notify the sleep apnoea I will get into terrible trouble for not reporting this medical condition earlier, and it looks like I should have told my motor insurers too so that is probably invalid too. I am disabled so need a car to get around. Does anyone have any experience /know the consequences of this at all please? I’m desperately worried and scared I may end up going to court or something. Thanks in advance.

  5. i'd pay no-one nothing till you cca them & reclaim unlawfull charges / PPI>


    waste of money.




    Thanks DX. I CCA'd them all a very long time ago, some enforceable(ish), others not. Not too worried whether they accept or not to be honest as I can carry on ignoring them til the debts go SB :-) Only reason I'm doing this is to clean up my credit file. Not going to offer them very much - compensation for all the stress they caused me at the start and before I wised-up.

  6. That was interesting reading Silverfox and BB, thanks.


    Thanks for the advice Firstship. My credit file was well and truly trashed a long time ago! I have five creditors and owe in the region of £55k.


    MBNA debt was sold on before the date given by creditor for me to resolve so rescission of contract applies – that debt is £15k but arrears were only about £2k – any ideas of how much I should offer here?


    I have a £10k loan and £5k overdraft with Lloyds that are still doing the rounds of various DCAs, I’ve been ignoring them for years but want to get rid of them once and for all.


    Also a very old Lloyds credit card debt of £15k, they can’t find the original agreement but I want to offer f&f just to get it off my credit file.


    And lastly, £8k on an old Egg debt that was sold on (probably for not very much).


    This letter was at the bottom of Sequenci’s debt diaries (offered by Sevenhorses)


    The Loan Company

    Company House,

    Church Street,



    R1 7HG


    Dear Sir/Madam


    Without Prejudice


    Account No: 4563210025897412


    We write with reference to the money which you are claiming on the above account.


    We can confirm that we are unable to offer to pay the money which we owe in full. . However, we can raise £_____ and we want to offer this as an ex-gratia payment in full and final settlement of the account. This offer is made on the clear understanding that, if accepted, neither you nor any associate company will take any other action to enforce or pursue this debt in any way whatsoever and that we will be released from any liability.


    We also request that, if accepted, you will make an entry on a credit reference agency file relating to the above account as having been paid and the account closed.


    Payment can be made within 2 weeks of receiving your written agreement of this offer and method of payment.


    We look forward to receiving your reply.

    Yours faithfully

    Mr A N Other


    Is that enough do you think or are there any other letters out there that are foolproof? Would really appreciate some help with writing correct letter.


    Thanks folks. Please bear with me, my internet access is extremely sporadic at the moment.

  7. I'm now in a position to offer some small f&f's to my creditors and looking for a bit of advice. Not sure of the best way to go about it as there seems to be so many conflicting information on here. Is it worth doing? Has anyone successfully had f&f's accepted? Or has anyone been hassled after f&f's been accepted? Grateful for any info please. Thanks.

  8. Hi Massamum,


    It's been a while since i've been on CAG, and I was so sorry to read this thread, it's sounds like you've had a really hard time and yes these companies are always out to make a fast buck - a very large fast buck!


    Just wanted to say, having to give up your home isn't easy- it's stressful trying to keep it and heartbreaking to hand over to someone else, but believe me life really does get better when all that stress is no longer on your shoulders.


    Enjoy your new home and take care of yourself.


    Hi Joemay,

    Thank you so much for your kind words. You are absolutely right, life does get better! I am settling into my new home nicely and I am beginning to relax after literally years of the most awful, burdensome worry.

    Hope life is treating you well?


  9. Hi there, I'm so sorry to hear how you were treated by these people. However, please try not to take the bad experience with you when you move on to what should be a new start for you. You did what you thought was best at the time and put your trust in those who let you down.


    I like to believe in karma - people like that should suffer themselves at some point for what they did.


    I hope you can find peace in your new home and can put all the troubles you have had behind you.



    Thanks Ell, I’m slowly but surely getting there. Can’t allow myself to think too deeply about what’s happened, write it off to experience and look forward. I’m in a nice flat and I have a (small) amount of money to play with so I can’t grumble, there are many far worse off than me. And yes, their karma will catch up with them at some point.

  10. I know what it is like to get shafted many times in life and it feels SH>>T. Sorry to be blunt.:-x


    If I can offer you some words of help or advice then look up a poem if you dont know it already that is called "footprints" it may help you feel better about life. Not a religious person myself however I think you can take "GOD" to mean your best friend or close partner loved one etc.. Look it up it may help...


    Im so sorry the company did that to you.. Last thing you needed however you seem to have things in perspective SO I WISH ALL THE BEST OF LUCK FOR THE FUTURE...:-)

    Not blunt at all Drowning, absolutely spot on actually. Thanks for your kind and supportive words and sorry you’ve been shafted many times too, there are some bad people out there. I hope life is treating you better now. I love the footprints poem.

  11. I thought it was time I updated on my situation. After a great deal of stress, the sale went ahead, I had to jump through many a hoop in the process. It was all very dodgy but finally completed and I got my money - not as much as I was expecting as the swines shafted me the day before completion by slashing thousands off the (already ridiculously low) price, I was in too deep at that point to back out and they knew it. A lesson to be learned and I think I may have got more if the house had been repossessed but I can't afford to have regrets now and will forge ahead as best I can. So much for "regulated" companies.

  12. Hi Massamum,


    I sorry to hear that...


    I can't help feeling that the unfair relationships legislation could've helped you... have a read of Peter Bentley's case and see how much applies to you.


    Best wishes for the future.

    Thanks for that AnimalMagic and for your good wishes. That was an interesting read and I’m so happy for Peter Bentley to get such a good outcome, he deserves it. My mortgage isn’t regulated under CCA though so I doubt I’d get anywhere and haven't the stomach for it now either, but I’m sure it could apply to a lot of other people. I can’t wait for all of this to end now.

  13. Well i did some research this afternoon and it looks to me like your getting more or less the going rate from them in terms of these private companies and to be honest i cannot find anything in the way of bad press or complaints.I must admit im in agreement with Ellenn here its an awfull lot to loose and personally i would be looking to apply on n244 at the eviction stage for an extention of time so i could do my best to sell on the open market,however if your still determined to go down this route and be shot of the place i can understand that too.I would check to see if i were tied in or not to this agreement ,if not you could at least shop around a little more and please,please before you go signing things come back to this forum where we can advise before you sign on dotted lines,even the most simple of questions you will get help with on the forum,we are here to help and advise so use us,its no trouble:smile:

    Hi Newstarter, thanks for your comments. The market is as dead as a dodo where I live and absolutely nothing is moving. I’ve not had any interest in months so like I said to Ell, I’m pretty much resigned to this – its either sell to this company or lose it to repo anyway and the charges that that will entail. I’ve done my research on the firm (FSA – check, Companies House – check, and no adverse publicity either) and they seem to come out ok, but I’m putting an awful lot of trust in them and I can only hope and pray that I don’t get ripped off. Will come back at the end of it all and let you know how I get on.

  14. Are you sure you're tied into this deal? - I don't thing any house sale is cut and dried until the last minute - and it's a hell of a lot of equity to lose. Go to a solicitor (you can get a free hour's advice at most firms) and ask them to check the paperwork for this. I know you have a lot on your plate, but please don't lose all that equity without exploring other options.

    Hi Ell, thanks for your concern and sorry I haven't been back on here for a while. I'm pretty much resigned to all of this going through, and to be honest I can't wait to see the back of the house now - its gone from my lovely home to a source of too much stress. All being well, it should be done and dusted sometime in the next couple of weeks and I can then start to get on with my life. I'm not sure there are any other avenues open to me anyway, as I got the repo order from the court yesterday outlining how I must vacate on the specified date and without any other buyers in the vicinity .... well, as I said, should all be over with in next few weeks. Thanks for all your help in this, you've been a star x

  15. Thanks very much for your in-depth reply Newstarter, 20 years is a long time isn’t it!!!! Luckily there is quite a lot of equity in the house to repay the mortgage so please God it won’t come to that.


    I’ve already signed with Property Rescue Limited (have you heard of them?). The offer was only ‘on the table’ for a couple of days before it would be withdrawn so I grabbed it. I’m tied in now. It was a desperate act and I’m not sure it was the right thing to do but too late now. It feels like they are stalling and the papers say they’ve only got an option to buy!!! I wish I’d asked for advice on here first but I was half out of my mind with worry and stress at the time. Stupid with hindsight.

    My house was on market for £235k but Property Rescue said it was overvalued according to sales in my area and offered me £160k (which I accepted), the outstanding mortgage is £77k. I know it isn’t a brilliant amount but will get me out of trouble.

    I wouldn’t want to rent back my house, as it would be too expensive (three beds). I’ve been looking around for a flat and have found one that I like but of course, having no job, they want six months’ rent paid up-front!!! I’ll be able to do that once/if the house is sold ….

    It is a nightmare.

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