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in General Debt Issues
Posted July 16, 2009
oops thanks for that!
I'm very very confused. Today I received a letter for my old student loan which I think I last paid something towards in 2003. Maybe. Anyway shortly after finishing uni the automatic payments stopped and every p45 I have received since had the 'Is he paying back a student loan ('Y' means yes)' part completley blank. So admittedly in blissful ignorance, because I never graduated I naively thought it was all written off or something. (Silly I know) EVERY p45/p60 I have had since 2003 has had that part blank.
So today i receive a letter entitled FINAL ANNUAL STATEMENT saying my 'balance was bought forward' in april 2008 with 'debit XXXX'. The it says in March 09 'balance adjusted' and 'debit a whopping 4 x XXXX' and then 'repayment recieved from HMR & C (paye) for tax year 08/09 (the amount paid was 0.00)
Then a HUGE amount of interest added.
The amount owed is more money than I could ever ever hope to have. Can anyone shed light on what is going on? It also says this is 'statement no 9' but this is the first i've received.
in Debt Collection Agencies
Posted April 16, 2009
Thanks Rob, I'll certainly do that. So just to clarify (I'm sorry to drag on I'm just terrified of putting my foot in it or proving something or other)
I need to send:
the 'prove it' letter to Link
The SAR (with Robs extra points) to the original Bank
Thanks again for all the help, please excuse my naiveity! (is that how you spell it?!)
Thanks wendy i'll send that to Link for starters. regarding the SAR Emmaf01 advised me to request from the bank/overdraft, what do I do following that?
I have a feeling the debt MAY be statute barred I just can't put the dates together, will the SAR clear this up for me?
Thanks again for all the help
Posted April 15, 2009
So whilst worrying/skiving work I've been reading up on EVERYTHING this site has to offer! I was hoping someone could help me with another thought I had, whilst waiting for the SAR to go through, is there anything I can do to make Link actually prove the debt is mine?
Thanks again as always
thanks elsa, yeah I feel much better about the whole thing since finding the site. So I'm preparing the SAR what should I do if I hear back from Link in the meantime? Tell them I'm waiting for the SAR or just ignore them?
Thanks again to everyone for all the help!
Ah I see.
I mentioned earlier I'm not totally sure the debt is valid, it MIGHT be statute barred, is it worth me firing that off to them? If it turns out not to be am I in more trouble than it's worth?
Thanks again for the reply
Posted April 14, 2009
Although I'm obviously following EmmaF01's advice I'm now being advised by a no CAG source to ignore the letter, they are just fishing to see if i am actually at the address? Can this be the case? I'm assuming not but I would be interested if anyone could speculate as to how they got my add.
Do I have any other options available I can use whilst following EmmaF01's SAR advice
ok I'll do that straight away. Is that a buying time tactic or a way to get rid of them totally? (please excuse my newbie-ness!)
I'm not sure about the charges it was so long ago although the final balance probably did.
I'll wait to see what letter you guys advise me to send. I'm assuming ignoring it all won't work then?!
Thanks again to you all for the help!
thank you both for replying!
It's an old overdraft. if you could let me know what letter to send that would be fantastic.
So it's inevitable I've a fight on my hands then? I was really hoping I wouldnt get calls as I dont want my family to know/worry about it.
Thanks again though, feeling more positive already!
I'm so happy I found this site. I've had a letter from these guys a few days ago demanding a debt they bought from an old bank, I have heard nothing from the bank for years. I'm not sure from how long ago it was but I think just under 5 years, so not quite statute barred. I've read all the info on this site about these guys (thanks!) and was wondering how should I proceed? Ignore it or go straight for the CCA?
I'm more worried about them phoning and speaking to family and neighbours than fighting them. Is it likelythey'll go down that path?
This site is incredible and I feel so much better for finding it. I will pass this place on to everyone I know.