Me V Link, Urgent Help needed please.

[42man]

JCL....i'd like some opinion from other caggers, put it this way I wouldn't like to stand in front of a judge arguing about prescribed terms on this one....if the figures / calculations are way out then you MIGHT be ok.....

If it is indeed enforceable then claim any excessive charges on it (PPI also ??) and make an offer of repayment.....

[jcl]

Hi 42man

 

Thanks for your help, i have wrote to them with proposal. will update when i get reply though going to be away for few days? my oh uncle realy not too well got phone call last night .

 

Thanks again

jcl

[jcl]

Hi All,

 

Back home yesterday, no reply from Link regarding my offer a bit worried as read before of a few people being sent Defaults,

 

is it worth sending them a S.A.R request and one to Abbey too ?

 

Help appreciated thanks

 

jcl

[emmaf01]

Don't worry, no-one has been sent a default which is worth the paper it is printed on as yet!

 

More importantly, I hope your uncle is on the mend.

[jcl]

Hi Emmaf01,

 

Thank you for info on defaults,

 

Thank you for asking after our Uncle who i am pleased to say is now on

the mend and will hopefully stay that way, OH was realy scared as he is the Father he never had.

 

 

Thanks again Emma,

 

jcl

[emmaf01]

Very glad to hear it.

 

If you have made Link a monthly repayment offer, start paying them as though they had agreed to it. If they accept the payment, they have accepted the offer.

[jcl]

Hi Emma,

 

I wrote to them with a full and final settlement offer after reading

a board where someone was saying how much debts were bought

for (25% or more less than actually owed), not sure if right thing

to have done now.

 

Hope you well,

 

jcl

[emmaf01]

I would do what they would do in the circumstances.

 

Did you use letter J from the templates to make your offer?

 

If they haven't responded at all, I would send then letter J, adding at the end,

 

"If I do not receive a reply by DATE (14 days from posting), I will withdraw this offer."

[matsinlondon]

Hi Emma,

 

I wrote to them with a full and final settlement offer after reading

a board where someone was saying how much debts were bought

for (25% or more less than actually owed), not sure if right thing

to have done now.

 

Hope you well,

 

jcl

 

Also remember that they buy debt for a lot less then that. It could be 10-15p in the pound (an 85-90% discount) whilst the original creditor gets a tax write off on their loss

[emmaf01]

Even if they don't accept, it is a good first offer in negotiations. Is it the final figure for you, or are you looking to negotiate?

 

Sorry- have you offered 25% of the alleged debt or 75% approximately?

[jcl]

After not hearing from link for two years a woman rang last week to ask if I could pay debt off when I said I was not in a position to do so she mentioned that I had wrote over two years ago asking for full and final settlement ( dont remember doing this) but I did ask why it had took so long for contact to be made. Anyway up shot is they rang again Fri and Sat but I was out so no doubt they will ring Monday, should I offer a monthly payment offer ? not sure what to do now but I checked my credit file and they have defaulted it on there.

Help appreciated Thank you, jcl

[matsinlondon]

You said in your post of 8 Oct 2008 that you wrote to them asking for a F&F settlement figure.

[jcl]

Your quite right I just found copy now of letter sent I couldnt find it the other day it been moved to diff folder , they didnt reply to me back then not a word

[jcl]

Has anyone come to an agreement with Link over repayment plan if so what was outcome and also what is fair offer of repayment that would be acceptable, need to get this sorted urgently so any help is much appreciated

jcl

[42man]

You should make them an offer in line with your income and expenditure...basically whatever you can afford !!

[jcl]

I will do that but not sure they will accept what I intend to offer, I have been reading posts regard link and others could I ask if this should be stature

barred as original loan was in 2002 but sold on ? also I have checked my Credit file and link have defaulted me on there but sent no notice to me and I was originally defaulted by Abbey for same loan.

Thanks 42man for reply

[42man]

Indeed yes, if you have not made any kind of payment for 6 years (5 in Scotland) OR if there is a gap of at least 6 years in the life of the debt where you have not made any payment or acknowledged the debt in wiriting then I would send the statute barred letter (recorded)...

[jcl]

thanks for that 42man but I think it be 4 years since I last paid on the debt and I did write to Link two years ago offering a full and final settlement to which they did not respond to till they phoned last Friday and have left message today to contact them regarding this account, so don't think I can go for statue barred now.

[jcl]

wont accept my offer of payments...keep ringing up but now i dont answer phone left messages to ring them...any advice as to what to do now please.

 

also my OH was the main holder not me but no contact made with him so can he statue barred this account even though they keep coming for me ??