Jump to content


Link Fin Claim Form - what to do?


style="text-align: center;">  

Thread Locked

because no one has posted on it for the last 4229 days.

If you need to add something to this thread then

 

Please click the "Report " link

 

at the bottom of one of the posts.

 

If you want to post a new story then

Please

Start your own new thread

That way you will attract more attention to your story and get more visitors and more help 

 

Thanks

Recommended Posts

Hi there

 

I've been sitting on a claim form from Link Fin because I'm not sure if I should defend or admit it.

 

History: original loan was with GE Money back in Mar 2005 and I do have a copy of the original agreement and T&C. Owing to lots of problems, I couldn't keep up repayments and earlier this year we entered a DMP and have been paying reduced payments. GE Money said that these repayments weren't high enough; they issued a (valid) DN and then in Sept I got a letter from Link saying that they now have the benefit of the debt.

 

Then, out of the blue, Link issued a claim form on 28 Oct with the following POC:

"The Defendant(s) are indebted to the Claimant under the terms of a credit agreement dated xx/xx/2005, and assigned to the Claimant. The Agreement is regulated by the Consumer Credit Act 1974. The agreement provided that interest would be payable before and after a judgement. The right to proceed for subsequent interest is reserved. Default occured in payment and the loan was called in under S.87"

 

So in summary:

1. Paperwork all appears to be in place by GE Money

2. The only letter I have had re assignment has come from Link

3. There is a point about "the benefit of the debt" being assigned - does this have any bearing?

4. Should Link have sent me some letter before claim or some sort of correspondence prior to issuing the Claim form?

 

I have to confirm by Monday what I intend to do (admit or defend).

 

My question is: do I have any grounds on which to make a defense?

Also, if it goes in Link's favour, what do they normally do next (i.e. accept reduced payments, go for charging order, other)?

 

Thanks in advance

Link to post
Share on other sites

addendum;

 

You must use the embarassed defence as shown.

 

It would not be fair nor reasonable for you to submit a full defence, until Link Financial Limited have provided to you, all the documents that their claim is reliant upon;

that includes the Deed of Sale and the Deed of Assignment!

 

AC

Link to post
Share on other sites
  • Recently Browsing   0 Caggers

    No registered users viewing this page.


  • Have we helped you ...?


×
×
  • Create New...