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somad

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About somad

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  1. does that mean once an account has been termiated a collection aganecny cant default you as the account is with the orginal lender?
  2. Well went through all of that to told tough luck, amd the court granted a CO!! so the unsecured is now secured! Now we are waiting on another CCJ of which we defended, havent heard anything as yet from that, and its twice as much as the 1st one!
  3. Im trying to find out .....how many defaults should you have with 1 creditor? i thought it was one?
  4. so how many defaults should you receve for 1 account? if the account is now with a DCA?
  5. Does anyone know what the stand is on an account be closed and link buying the debt , no deed recieved , no letter before action then adding defaulst at £130 each month sept, oct, nov , ?? with no days to comply with .. i was under the impression that you can only default once with orginal lender not the company that bought the debt..please advice
  6. IM AM PUTTNG TOGETHER FORMS FOR COURT DATE NEXT WEEK FRIDAY.. - Detailing everything that has happened to date, INC LETTER OF THREATS AND COPIES OF OFT GUIDELINES TOO.. - To object to the CO.
  7. EMAIL RECIEVED FROM THE OFT. Dear XXXXXX Consumer Credit Act 1974 (the Act) Complaint Against: Link Financial Limited Licence No: 446835 Thank you for your email received on 30 January 2010. I am very sorry to hear about the difficulties you have been experiencing however, the OFT has no authority to become involved in individual disputes between consumers and traders so we cannot advise you directly in this matter. I enclose a list of organisations which can offer you help and advice. For specialist, face-to-face assistance, or intervention, you may wish to seek legal advice either through a local Citizens' Advice Bureau or directly from a legal adviser. The Financial Ombudsman Service can help with most complaints about consumer credit products and services if the consumer has failed to satisfactorily resolve the matter directly with the consumer credit licensee itself. The Insolvency Service has published a guide for debtors which contains an overview of the main debt solutions. The guide entitled ‘In Debt? Dealing with your creditors’ can be accessed from the Insolvency Services’ website at: www.insolvency.gov.uk/guidanceleaflets/Guides.htm I can confirm that the business you mention holds a consumer credit licence. Under the Consumer Credit Act, holders of consumer credit licences must be fit and competent to do so and the OFT has a duty to monitor the fitness and conduct of all traders who hold such a licence. The OFT has issued guidance to consumer credit licence holders engaged in the debt collection industry. The guidance is intended to ensure that debt collectors treat individuals fairly. Non-compliance with this guidance will call into question the fitness of licence holders and applicants. You can view our guidance at: www.oft.gov.uk/advice_and_resources/resource_base/legal/cca/debt-collection We have therefore noted the details of your complaint, and we will consider this alongside any other complaints we have received with a view to any consumer credit licensing or other action we may decide to take. If we do take any action against this trader, it is likely that we would need to disclose your identity to this trader along with details of your complaint. I should therefore be grateful if you could sign the enclosed consent form and return it to me. Unfortunately, we cannot disclose any details about any action we may take, due to legal restrictions on the OFT relating to disclosure of information. Thank you again for writing to us and bringing this matter to our attention. Yours sincerely David Annis Enquiries and Reporting Centre Office of Fair Trading Sent: Sat 30/01/2010 15:16 To: Enquiries Subject: link financial .ExternalClass .ecxhmmessage P{padding:0px;}.ExternalClass body.ecxhmmessage{font-size:10pt;font-family:Verdana;}.ExternalClass .ecxhmmessage P{padding:0px;}.ExternalClass body.ecxhmmessage{font-size:10pt;font-family:Verdana;} I would like to make a serious complain about the 'unfair practices' that Link Financial use to get a debt that they have bought from a previous creditor. According to the OFT guidelines LINK FINAICIAL ARE BREAKING ALL THE UNFAIR PRATICES. They have refused to accept payments from a third party on several occasions, [ tHEY DONT DEAL WITH PAYPLAN]. They state that we have not contacted them, W e have contacted them on several occassions, on contacting them we have were threatend that they will take the house if we domt pay, they can do what they like. Payplan sent them a copy of all creditors and fee that we pay out and yet they havent replied to payplan. They constatnly harrased us by phone , so i sent a letter to say that communcation must be in letter from,at only and we changed out home number. They issued a ccj even though we was paying them a pro -rata fee along with all other creditors..... We intially sent back the 1st court summons to them, under advice from our debt management plan, but since found out that we could defend... it they are now applying for a charging order even though are meeting all payments after redetermination and have never missed a payment. On the charging order they state that they have ask us for settlement , but they just womt accept what we can afford. They also stated that other no party has interest in the house , when we have a mortgage and a secured loan and several other debtors of which some are owed more than Link. They refuse to accept payments , we make payment and they dont take it off the outstanding amount? They send letters saying that they will not accept ammicable payment until they have a ccj and a charging order Send letter out before we go to court to admit the claim so that we can reach payment decision after judgement has been made. Im fed upo to the back teeth this is the only creditor that seems to think they are above the law and that they can do what they want!!!! this is the 1st time we have been in debt and we always paid our bills on time, we havent run away we are facing it head on and making payments yet they feel the need to abuse the system and do what they like without , accepting payment adding the court fees to our bill instead of accepting payment. Unlike all our other cerditors who are follwoing OFT gudeilines and giving is the chance to pay with 12 months plans, some of thekm we owe more money to than LINK / GE. Please advice what to do, as onone wants to help.
  8. I can seem to post a new thread, so as this is mostley mine ill take this one over.... with my case... Well link obtained a new court papers 1 - for a CCJ and 2- for a charging order.. 2 seperate accounts. We defended the 2nd CCJ as they are stating we havent contacted them with details of what we can pay and only once they get a ccj or co will they reach an amicable decision...... they are getting prorata fee even though we havent recieved a deed from GE.... i also hear on here that GE are now santander..? and are buying back LInk accounts.. the 1st one we were told by payplan to acknowledge debt , but didint realise we could defend, we didint get a deed either, they have refused payments obtained the ccj of whch during this time we have paid the pro rata fee, we ask for redetermination as it went through the bulk office and now they have an interm C ...best thing about it they state creditors we owe money too, some are incorrect and dosent include themsleves or the fact that GE already have an interest in the house... as a second charge mortgage. they have used all the usual tactics with us, so we asked them to communicate by letter, not once did we recieve a letter before action arrive , just a letter to say we have bought debt then a court letter... then letters to say sign this debt and well get a ccj secure the debt and then well let you pay what you want..... we have complained to OFT local misnist in caerphilly who then transfered it to my local mp and now oft want me to sign a form to say if they contact link they are happy for my details to be used.... no one give to ****s!!! its terrible they are glouirifed loan sharks, who work within the law when it suits.. Is what im doing correct , can i go for setting aside the 1st CCJ if so on what grounds...will they get a CO if we are paying the CCJ as the judge also wrote on the forms non with standing current payment plan in place...? what about the 2nd one do we carry ing on defencing what if they win, what if we win what happens then? thanks really appreciate it... ) we are ****ed off at the whole process, we have never been in debt before and to be treated like crimials when it comes to court the judeg has no pity and sides with the creditors... its just not fair we are not running away we are doing all we can to make ends meet!
  9. once a CCJ jas been issued , can the DCA go for a charging order.... what happens after that ..can they send baliff in ask for attachement of earning etc as well as the CO? I wish i didint own my own home its been so stressful with LINK!
  10. link are awful, can i ask what is a deed of assignment?
  11. would do but cant see how i can make new posts and threads this site is confusing..
  12. so why do the courts get an interm order granted for creditors? Sorry to but in here ..but im paying CCJ for just 3 months all on time , 2 months in and they apply for CO..? the judge cant pass that surely??
  13. so true and so unfair.... ive paid my debts all my life until late and then you get stabbed in the back... Q: should the dead og assignment be from the orginal creditor?
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