Advice on Income and Expenditure forms

[slm1234uk]

Anyone know the correct address to send an SAR to Lloyds TSB?

[renegotiation]

Copy Statement Unit

Lloyds TSB Bank plc

Swallow House

10 Swallow St

BIRMINGHAM

B1 2AL.

Send recorded delivery.

[slm1234uk]

Many thanks, you are a gem!

[slm1234uk]

Forgot to mention, this Lloyds account was a long time ago, at least 8 years, does that make any difference, how long do they hold bank statements of old customers? I know there will be a lot of penalty charges on the account, which is partly why I got into trouble with it.

[renegotiation]

Eh thanks. There are many bigger gems on here, but I do try... I am Baron Renog sticking in his little pin. D.C.A. voodoo. Eventually we get a pin in a really painful place lol. :D

[renegotiation]

Forgot to mention, this Lloyds account was a long time ago, at least 8 years, does that make any difference, how long do they hold bank statements of old customers? I know there will be a lot of penalty charges on the account, which is partly why I got into trouble with it.

 

Adjust the S.A.R. letter to ask for all the statements they have regardless of how far it goes back. The letter just asks for 6 years doesn't it? If they have it they have to give you it.

[tomterm8]

Forgot to mention, this Lloyds account was a long time ago, at least 8 years, does that make any difference, how long do they hold bank statements of old customers? I know there will be a lot of penalty charges on the account, which is partly why I got into trouble with it.

 

Have you been paying the account for the last 6 years / admitted the debt in writing?

[slm1234uk]

It was passed to a DCA about 8 years ago, originally BSL collections, then it was passed to Wescot and I have been paying £10 a month. I've only ever completed I&E forms.

[slm1234uk]

Just another thought, having many today!

 

Sending an SAR to the bank to find out the charges that were added to the account with a view to reducing the debt by deducting the charges, isn't there a time limit of 6 years on this, considering 8 years has passed since account was defaulted, what are my chances of being able to do this as it's outside the time limits or am I wrong?

[renegotiation]

Keep this thread open for everything to do with the D.C.A. and start a separate thread (link below) for your charges. You will get valuable help from people specifically experienced in dealing with Lloyds.

 

http://www.consumeractiongroup.co.uk/forum/lloyds-bank/

 

I thought you could claim back further than 6 years, but am not certain.

[slm1234uk]

Thanks, have started a thread on there.

 

Will tackle DCA next week after seeking advice from CAB, and hopefully they will accept my payment offer when I send a revised I&E form.

[Fuzzgin]

I tell them what you can afford and would send them that amount as well, It's harder for them to dispute your payment proposal if you're paying it and they're receiving it. Never let them talk you into setting up a direct debit or paying by credit card as this leaves them in control of the amount. A standing order, bank giro slip or postal order are best. Good luck.

 

I worry about this CCA and overdrafts business. It means there's no proof of right to collect at all. Banks can print a list of terms and conditions in anyone's name.

[ananya]

Hi slm1234uk

 

Regarding your question on what you can and can't put on I&E forms, we saw a debt counsellor a while back who told us we can list everything, including such things as prescriptions and newspapers. I also never use the forms these DCAs send to me, make your own list up if you really want to send one.

[tomterm8]

I worry about this CCA and overdrafts business. It means there's no proof of right to collect at all. Banks can print a list of terms and conditions in anyone's name.

 

That's not entirely true, they would need to be able to show that you had spent the money, and that you owe what they say you owe.

[slm1234uk]

That's not entirely true, they would need to be able to show that you had spent the money, and that you owe what they say you owe.

 

So would I be right in thinking if the Bank can't produce copy statements relating to this overdraft they can't prove I owe the money?!

 

I have had other opinions that because it is over 6 years if I SAR the bank they will write back saying they don't have them anymore anyway.

[slm1234uk]

Would anyone be able to let me have a sample I&E form they use to send to DCAs please.

 

Now I have a better understanding of what you are able to list, which I had obviously not accounted for in my recent one, I will just send one straight to Wescot. Although Wescot told me to go to CAB and told me they wanted the CAB to contact them? Do I have to do it this way or can I just deal with it now.

[tomterm8]

So would I be right in thinking if the Bank can't produce copy statements relating to this overdraft they can't prove I owe the money?!

 

I have had other opinions that because it is over 6 years if I S.A.R - (Subject Access Request) the bank they will write back saying they don't have them anymore anyway.

 

If they didn't have the info anymore, how could they show what you actually owed?

 

"Hi, Judge... He owes £2,500"

"Ok... show me some proof"

"Um... well, my face is honest"

"Next case".

[renegotiation]

Would anyone be able to let me have a sample I&E form they use to send to DCAs please.

 

Now I have a better understanding of what you are able to list, which I had obviously not accounted for in my recent one, I will just send one straight to Wescot. Although Wescot told me to go to CAB and told me they wanted the CAB to contact them? Do I have to do it this way or can I just deal with it now.

 

 

You don't need an I and E form Slim. Forget the I and E form. Just send them my 'magnus opus' letter. That's all you need to do.

[slm1234uk]

I think it maybe wise to submit a revised I&E form, as they are stating from the last one I sent I can afford to pay them what they are now asking, although not sure how they got to this figure. They stated I am paying other creditors more than them when I owe them the most.

 

So think I need to do a bit of 'jiggling' with the figures and also include what I didn't budget for to back up my offer of continuing to pay them £10.

 

What would be a reasonable monthly amount to budget for car tax, MOT, repairs etc, and also contingencies for replacement household items, dentist, medical etc. I have come up with an amount but not sure if it would be viewed as reasonable. Any views appreciated!

[renegotiation]

How long is a piece of string? D.C.A.'s talk out of their bottoms. You don't need to send the I and E form. If you are adamant that that is what you're going to do though, then just fix it to your satisfaction. It would be very hard for anyone to help you here with specific amounts if they haven't seen the original sheet and the one you are now composing themselves. It just isn't really feasible. I think you're just wasting your time worrying about it, but I do understand.

[tomterm8]

Always worth contacting either the National debt Line, or CAB to see if your figures "add up" and correspond to the national averages.

[Ell-enn]

I agree with Tomterm - if you are intent on submitting an I & E form it would be best to do it with the help of the CAB, you'll then have someone else "on your side" so to speak.

 

Kind Regards

 

Ell-enn

[renegotiation]

Aye C.A.B.. Good luck and keep us posted.

[slm1234uk]

Yes will get some help from CAB. Was just trying to prepare something to take with me, so wondered what was considered reasonable expenditure in some areas, but this seems to be a very grey area!

[renegotiation]

So shade it to suit you... :D