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Veteran6224

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Everything posted by Veteran6224

  1. Moving in 2 weeks today so won’t be here much longer. So do I simply ignore them? thanks for your response
  2. Hi all i got a mortgage even with the defaults and CCj’s
  3. Hi all, I had a debt with Moneybarn for just under £7000. This went SB two months ago. I sent them the usual CCA letter and they provided it. They have now sold the debt to Arrow Global. I still dispute the debt as a vehicle I missed 2 payments (I was working overseas and the bank had blocked transactions) which were out of my control. I called to pay on my return and they said it was too late. A guy collected the car and said I would have nothing to PT as it would be sold at auction. It was sold for £4500 and they are now clearly chasing for £7k worth of interest. Do I respond to Arrow Global? If so is there a template I can use? I just posted the below in another thread so moving it here Post I had a debt with Moneybarn for just under £7000. This went SB two months ago. I sent them the usual CCA letter and they provided it. They have now sold the debt to Arrow Global. I still dispute the debt as a vehicle I missed 2 payments (I was working overseas and the bank had blocked transactions) which were out of my control. I called to pay on my return and they said it was too late. A guy collected the car and said I would have nothing to PT as it would be sold at auction. It was sold for £4500 and they are now clearly chasing for £7k worth ofi nterest. Do I respond to Arrow Global? If so is there a template I can use? thanks in advance
  4. Hi guys as advised I have requested Data Subject Access Request (SAR) and received a big envelope full of paperwork today from Moneybarn. I know that it has been mentioned that Moneybarn make mistakes and that I should check if they have. Now that I have all of the info, what is it that I am looking for that could be missing? thanks in advance
  5. Pleased to say that the default has gone from my credit report due to being SB. My Experian credit score is now 978 out of 999 and excellent. Experian doesn’t show my 2 x CCJ’s. Equifax’s shows just 1. my question is this.... clearly the debt is still owed for the SB debt, the CCJ is still live until June next year. Can I make an offer of 10% to settle the debt now that it’s SB? If so is there a letter template that I can send to them to make such an offer? thanks in advance
  6. OK I will do that, just printed the SAR for both MB and intrum/1st Credit. Will post today. I had the copy of the original CCA back from Moneybarn but nothing from Intrum/1st Credit yet.
  7. Hi all, I feel I am chasing my tail with this and the 2 mortgage advisers are telling me completely different things. The first one that specialises in adverse credit applications has stated we are in a position to get a mortgage even with my 2 CCJ's. He has stated that affordability is not an issue and we have a deposit that is also suffice. The other mortgage adviser has stated that we would stand no chance of getting a mortgage unless we settled the CCJ's. I am happy to settle them if needed. Would I be able to approach Moneybarn and state that I wish to offer a settlement but for less than 50% of the debt? They recently sent a letter stating they will cut the debt by 50% if I pay soon. As mentioned previously the default goes SB in 11 days, the CCJ relating to the default does not come off my credit file for another 40 weeks. Is there a letter template for a settlement offer available on the site? Does anyone know which adviser is most likely right? Our other option is to use some of our deposit to clear and settle the CCJ's and get a help to buy as a 5% deposit is all that is needed. It is difficult to know what to do when we are being told so many different things. Thanks again for any support regards J
  8. It’s shows the default to Moneybarn and the CCJ as 2 things. The default is set to fall off next month the CCJ next year
  9. Ok great, I won’t settle them then. Hopefully the default that goes SB will be removed and will help my credit report look a lot better. Will only have one default and one CCJ then totalling less than £4K
  10. Yes exactly that. I was told by the guy collecting the vehicle that it would be sold in auction and there wouldn’t be any more payments. The car was a Ford Focus and they sold it and are still trying to get £6911 from me. The car isn’t worth £6911.00! as mentioned in previous posts I am applying for a mortgage hopefully in the new year so the debt going SB next month is good as it will be removed. The CCJ will still show until mid/late next year. Mortgage adviser said the mortgage provider may look past it as it’s over 3 years old. Fingers crossed. I take it a satisfied CCJ instead of a non-satisfied CCJ makes no difference to a lenders decision thanks again
  11. Having just checked my credit file it shows a CCJ for this debt that was issued to the courts by Moneybarn. The CCJ is 6 years old in 2020 however the default registered is showing and becomes SB next month. Will the default come off first followed by the CCJ next year? Does this also make the CCA that I sent pointless as the debt has been registered as a CCJ? what are my next steps now should they turn up at my address, it seems I may be backed into a corner and have to start a payment plan. However, am I right in saying once the debt is SB then it can no longer be enforced?
  12. Ok great, I have sent a CCA request to Moneybarn. This won’t impact the default being removed will it? A lso if they send anyone to my property to try and enforce payment can I state I have sent a CCA request and that they need to leave?
  13. Thanks guys, it seems we have some options so fingers crossed. The larger of the 2 debts is set to be SB on the 11th next month. Once this date arrives should I send a letter to Moneybarn to request it be removed? I have sent Moneybarn and 1st Credit/Intrum a CCA request today. thanks
  14. I will send them a CCA and see what comes back, I am already paying so will give it a shot. I sent a CCA request for another sent and never heard back, the debt vanished from my credit report
  15. I haven’t asked for a CCA, I have been paying £50 a month for some time now. I will call them and see if they agree to removing it if I pay in full
  16. Hi everyone, I am with a mortgage consultant tomorrow. They have recommended that I pay off my final debt (First Credit) in full. I have been paying off monthly and there is £3400 left. I have heard that if you pay in full you can request that they remove the default from your file. Is this true? If so is there a letter template that I can use? Thanks in advance regards j
  17. Thank you for the replies. The CCJ’s are as follows: moneybarn £6,911 case hear on 9th August 2014 it states 44 weeks until removal Amigo Loans £5,912 (£3,407 remaining) case heard 12th Jan 2016 - 2 years 14 weeks until removal. @London1971 I certainly hope mortgages are still possible with my credit. I have cleared a lot of debt and have a credit card and overdraft facility totalling £6,850 with a balance of £0.00 I use the credit card regularly and pay it off in full to build my credit. We have a £35,000 deposit and decent household income with disposable each month. If it’s going to be a struggle then we may have to get the mortgage solely in my partners name.
  18. Hello all, I am planning to go for a mortgage in the next 8-12 months with my partner . Her credit score is excellent, I have checked my reports and have just 2 debts remaining one I have been paying off for a long time now the other I haven’t acknowledged. Both defaults and both registered as CCJ’s . one of the debts (the one I haven’t acknowledged) for £6,933 is with Moneybarn. The default date is the 11/11/2013 am I correct in thinking that this will become SB next month? Also so is it worth me sending them a letter once the 11th November arrives asking them to remove it? Finally, to be mortgage ready should I pay off the remaining debt with the one I am servicing or would I be better putting that money into our deposit? Thanks in advance for your support regards J
  19. 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 Barred in March. If they don’t have the original agreement do I send another letter requesting they remove the default and stop chasing me for it? Thanks in advance
  20. Thank you for the swift reply. So to confirm, I need to send the above CCA Request alongside a PAP as per the post in the link you provided? if so, is the CCA Request letter I typed OK to send as is? Thanks veteran6224
  21. Hi all, I received a letter today from BWLegal in relation to a debt of £704.80 original debt was with The Money Shop, payday loan 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 Request 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 court, 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 Request letter is greatly appreciated, I want to make sure I have the correct sections quoted etc. Thanks in advance regards Veteran6224
  22. Sorry I am not sure what a tomlin order is? The £50pcm was set up by me Making them an offer as they were chasing my guarantor. England and company are an offshore accountancy firm in Jersey, I worked offshore and they were the accountants we used and I left the job but the accountancy fees were still owed and I didn’t realise. So they placed the high court writ with HCE Group Hope that helps
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