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    • Dear all, some information/advice required please.   I recently received a Further Steps Notice about a fine from 19/03/2018 which I knew nothing about. It was regarding a vehicle parked on the street without tax ( It was covered up and there because the only key to it had been stolen, I had been away from home  and I was having trouble getting a new key cut and coded to the vehicle )  I had not made a change of address to DVLA which would be why I knew nothing about the fine until receiving the final steps notice dated 29th April 2024 and giving me 10 working days to pay, although the notice did not arrive till May 9th 2024. I emailed the London Collection and Compliance Centre on May 13th 2024 asking for any information and they sent me a copy of the original fine. It is for  £390 back vehicle tax, £85 cost and £600 fine.  I now have received a Notice of Enforcement dated 7th June 2024 demanding payment ( total £1036)  or an arrangement by 6am 15th June ( tomorrow )  My question is is it tool late now to question the £600 fine part of the total amount to be paid ? That amount seems punitive.  Would making a statuary declaration regarding having no knowledge of the original court date apply ? And any other advice gratefully received. I am on Universal Credit and apparently they have already taken £177 via benefit reductions which I wasn’t aware of, but does make it seem strange that they were also unable to contact me.    Many thanks for any assistance 
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    • Would this be OK to send or is it too much detail already ?   "In response to your letter dated  xxx Intention of Prosecution reference xxxxxx I would like to advise that no collision / accident took place at the given date / time / location. There was however an altercation with the driver of a commercial vehicle who punched and kicked my car, verbally abused me when I stopped and acted in a distinctive threatening and aggressive manner. I advised I would be reporting him to his company for threatening behaviour and vandalism for punching and kicking my car whilst driving past in the road. When I tried to take a photo of his number plate, he came towards me in a further aggressive and threatening manner, so I decided to retreat into my car and lock the doors before he could reach me, as I was frightened he may assault me. I drove off and when I checked my phone later , the photo was regrettably unusable, as the camera couldn’t focus properly when I rushed back to my car. So I decided not to report him for his threatening behaviour and actions, as at the time I believed he would be untraceable anyway. So I am not sure if the accusations against me are in relation to this altercation, but no actual collision took place at this time , date and location as alleged in your letter"  
    • Fraudsters copy the details of firms we authorise to try and convince people that their firm is genuine. Find out why you shouldn’t deal with this clone firm.View the full article
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Do I have a legal obligation to make paymens on a loan when the company has gone into liquidation?


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I am requiring some help and advice in respect of this situation. I have a secured loan with picture financial. A couple of months after taking out the loan I questioned the PPI as I felt it had been misold. The company refused to help. As a result of this I contacted the FOS as the PPI on the loan was misold. In early 2008 the FOS transfered the file to FSCS as Picture went into liquidation.angry-smiley-030.gif

I like many others have been waiting for the company to be declared in default.

When the company ceased trading a "rescue" company came in and are now dealing with all repayments.

As far as I can see my contract was with Picture. I would welcome any advice on where I would stand legally if I refused to make my monthly repayment to them.

If I refused to pay what could the company do about it? also would I be in my rights to withdraw payment until the company dispute has been resolved?

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It all depends on the nature of this 'rescue' company.

 

Contracts can be bought and sold, together with the benefits and obligations they encompass. You need to find out the details - the capacity in which this company is acting.

 

In all likelihood you will need to continue making your normal repayments, and morally you must do this.

The question is to whom should the payments be made? I would be putting the appropriate cash aside each month until this clarified. You can then make payments as required.

I really do appreciate all those 'thank you' emails - I'm glad I've been able to help. Apologies if I haven't acknowledged all of them.

You can also ding my gong if you prefer. :)

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To be honest, I don't think it's that much different from when a creditor sells debts to debt collection agencies.

 

You should have received some form of Notice of Assignment though.

If you feel I've helped then by all means click my star to the left...a simple "thank you" costs nothing! ;)

 

Restons MBNA -v- WelshMam

 

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It all depends on the nature of this 'rescue' company.

 

Contracts can be bought and sold, together with the benefits and obligations they encompass. You need to find out the details - the capacity in which this company is acting.

 

In all likelihood you will need to continue making your normal repayments, and morally you must do this.

The question is to whom should the payments be made? I would be putting the appropriate cash aside each month until this clarified. You can then make payments as required.

 

Thanks for your advice. Where would I be able to find out this information about the company. I can give the name of the "rescue" company but am unsure whether I am allowed to do this on the forum.:-|

I have no problem making the repayment, however things are a bit tight at the moment as my husbands hours have reduced by half, so I guess it was worth finding out what I can just in case our situation deteriorates.:rolleyes:

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To be honest, I don't think it's that much different from when a creditor sells debts to debt collection agencies.

 

You should have received some form of Notice of Assignment though.

 

Thanks for your advice

 

We received a letter from the rescue company stating Picture Financial had gone into liquidation. Is this what you mean. However when we contact the company they still answer as Picture and all correspondence is on Picture headed paper. This leaves me feeling a bit confused as to what is going off.:confused:

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Thanks for your advice

 

We received a letter from the rescue company stating Picture Financial had gone into liquidation. Is this what you mean. However when we contact the company they still answer as Picture and all correspondence is on Picture headed paper. This leaves me feeling a bit confused as to what is going off.:confused:

 

There might not be anything to stop the rescue company trading under the Picture name, particularly if it is an established brand.

 

Found this....

Picture is a brand licensed to Target Loan Servicing Limited. Target Loan Servicing Limited is the service provider for Picture Home Loans (No1) Limited
However, trying to track down the OFT licence, I found that there is also a

Picture Home Loans (No 2) and Picture Home Loans (No3)!!

 

Go here and do a CCA search (look on right hand side) for the company who say they have taken over.

 

http://www2.crw.gov.uk/pr/default.aspx

If you feel I've helped then by all means click my star to the left...a simple "thank you" costs nothing! ;)

 

Restons MBNA -v- WelshMam

 

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If you had an acknowledgment for mis-selling PPI then you would have been a creditor and should have been contacted by the administrator. However, if no acknowledgment was made then you need to establish to what extent the new firm is the old firm. If they are collecting on contracts then they are are also liable on contracts but I really would recommend talking to a good insolvency solicitor. The first chat should be free and will give you a clearer idea about how much of a fight this could be.

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