aktiv kapital group

[DOZY]

Hi Foum

 

I am new to this forum, I have a problem with a letter i received from Thames credit limited, in it it states that our company Activ kapital group, has due to the credit crunch decided to help its customers, by offering deal in that I pay them £150-00 in full and final settlement of a debt of £3401-45 if received within 10 days, letter posted 8/9/08, so i have until the 17th sep to pay up.

 

and they will update my credit file where appropiate.

 

does this sound right.

 

I have looked up letters to forum on activ and they appear to be a shadey bunch.

 

DOZY

[maroondevo52]

Hello and Welcome, DOZY.

 

Thats a new one on me, does sound dodgy, why would they write off over 3 grand unless they know they have no chance of recovering all the debt and are willing to chance their arm for £150.

 

Have you CCA'd them ? (What was the debt).

 

 

Regards.

 

Scott.

[DOZY]

Dunno, but i only pay thames £2-00 per month on this debt, or rather my wife does ,as i have no income not even benifits , she pays from her pensions and pension credits, i just worked it out roughly that it would take 150 years to pay off this debt, maybe they have given up on me.

[maroondevo52]

At least after the 150 years you can relax

[DOZY]

Dozy here again , no I have not had much time to send a cca letter asi only received the letter sat morning , it took four days to reach me , no doubt the first 3 in thames office

 

dozy

[DOZY]

Hi forum

 

Here is a a excat copy of Activ kapitals letter to me, I must find out if this is legit and what/where are the catchs ,before I go tapping people for some money.

 

Letter

 

Dear Sir

 

every single day in the newspapers,we read something about the "credit crunch", and we wonderwhat excatly that means to people.

 

Our company, the Acktiv Kapital Group, has millions of customers worldwide, and we have decided togo against the "credit crunch", to try and help our vauable customers.

 

We intend to make this short and sweet.

 

Your balance is £3***-**

 

WE WILL ACCEPT £150-00 IN FULL AND FINAL SETTLEMENT

 

You have not misread the last sentence. We will accept £150-00 in full and final settlement! .

 

There is no catch, but there is just one condition.

 

YOU HAVE ONLY 10 DAYS FROM THE DATE OF THIS LETTER (08/09/08), TO ACCEPT THIS OFFER.

 

So, you need to telephone us immediately, as this is a one off opportunity for you to clear your debt (where appropiate, we will update your credit file to showthat your debt is satisfied, which could be helpful to you

 

Yours ******

 

Ok now Guys , where do i go /what do i do , The letterheadings are excatly the same as previous letters from thames credit (aka Acktiv), phone numbers are all the same,as are addresses,agreement numbers are same ,ref numbers are same , My plan monday morning is to phone thames (activ) just asking about balance etc, not letting on about letter , to see if they bring it up, if they do would that seem ok to you on forum, Also how will i know that they will just take my £150-00 as part payment, tha way i look at it is this if thames brings up this letter when i phone , it would appear to be legit, also I feel that in that case the letter I have in my hand is a legaly enforced document. Please answer.

 

I currantly pay only £2-00 per month on this debt which by the look of things will run for 150 years!!.

 

DOZY

[PGH7447]

Personally I would rip their hands off, however I would also demand that your credit file is updated as fully settled, and that you want a letter prior to payment that states

 

this is for FULL AND FINAL and that no other payment is required by either akticve kaptial or any subsiduaries abd that aktive kaptial will NOT SELL the remainder on.

 

then we can see how helpful they really are.

[steven4064]

If they have said it is a full and final settlement and you pay it as such, then they cannot come back and ask for more money later nor can anyone else - it's called the doctrine of promissory estoppel

[babybear39]

Subscribing...

[DOZY]

Hi forum

 

I phoned them this morning, its genuine deal , and because of delay in post arriving they have said I have till end of month to pay up.

 

now a question , I wonder if the credit crunch is going to effect other debt collectors, in this way , can i hope for more of the same.

 

Dozy

[42man]

Is there any possible chance that this debt could have been statute barred at any stage ? i.e. was there ever a gap of at least 6 years (5 in Scoltand) any time where you had neither paid or acknowledged the debt....Thames are well known for specialising in Statute barred debts !!

[ODC]

I am reminded of the old saying '' IF IT SOUNDS TOO GOOD TO BE TRUE THEN IT PROBABLY IS''

 

Call me an old cynic but Thames offering to right off a debt for about 1/200th of its face value sounds too good to be true

[blueangel]

Hi Dozy,

 

I have received exactly the same letter, dated 8th September, except my debt is in excess of £4000. My letter came in Saturday's post.

[babybear39]

Sounds like AK may have realised they have a batch of unenforceable accounts

[ODC]

Sounds like AK may have realised they have a batch of unenforceable accounts

And £150 quid is better to them than S 5 of The Limitation Act 1980:rolleyes:

[steven4064]

I don't know the exact reason, but it does look like a company cutting their losses.

[make them aktiv runners]

A late post unfortunately. If you payed this I hope you sent it recorded. I would not put it past AK to claim it arrived after 10 days.

 

A monthly payment of £2 may be the reason for the offer, because it could cost them more to process.

 

AK we know you like to read these posts. Where is my offer? I will save you the effort. Like your last offer which I took up, I will pay the % of what is owed. Perhaps you will then grasp that any % of nothing owed is actually nothing.

[Mockenrue]

I've had a similar letter, but not to the tune of £150 unfortunately. They are saying that "we may be prepared to significantly discount the outstanding balance in order to achieve an early settlement" etc.

 

I haven't replied yet. My account hasn't been with them long and I was going to send them a CCA request. What are people's opinions? Do you think that CCAing them will get their backs up and make them change their minds?

 

DOZY - not wishing to hijack your thread (I will start my own if necessary) but I'm sort of in the same boat and people are replying here.

[ODC]

Sending a CCA request is your LEGAL Right. If this gets their backs up then they obviously have something to hide and will be breaking the law if they do not comply

[Mockenrue]

As I suspected, thanks.

 

I have received exactly the same letter, dated 8th September, except my debt is in excess of £4000. My letter came in Saturday's post.

 

Had you sent them a CCA request prior to receiving your letter, and if so did they comply?

[DOZY]

And £150 quid is better to them than S 5 of The Limitation Act 1980:rolleyes:

 

Hi forum.

 

I rellie paid it off for me £`150-00, and received letter of conformation, stating its been settled, Now how do I check they have removed it from my credit file without spending bucks on it, will they mark it as satisfied or just remove it?.

 

Dozy

 

Ps . where is the forum for DLA (disability ) located on this site.