Full & Final Settlement offer advice on how to clear asap

[panther12]

Just let us know what you need help with.

 

Cheers Brigs, decided put this one on hold for a bit. Not heard a peep from these for over a year then suddenly 50% discount out of the blue so there must be something amiss with their paperwork.

[Bigdebtor]

Panther

 

I have a similar thing with an old Egg loan which I stopped paying about 3 years ago - now sold to Aktiv Kapital who offered a 65% discount when I told them that Egg hadn't responded to a SAR request made over 2 years ago . It seemed to stop Egg chasing me up - but still no info sent by them.

 

I suspect there's not any paperwork to back up their case - hence the big discount on offer. However I've decided not to pay them the 35% they'll settle for - but to pay them 0% unless and until they comply with the SAR - that was a few months ago - zilch heard since!

 

Good luck!

 

BD

[victoria_siempre]

Hi BD

 

Thanks for that.

 

My Egg is with Bob Diamond (12 mill pa casino banker) but even he appears to be confused and has backed off; threats on the due date payment for one a/c have been rapidly retracted whilst the other a/c is in limbo (he has very catholic tastes).

 

Where's the beef Bob?

 

x

 

 

v

[sequenci]

Anyone know what’s happened to The Mould. I’m about to do another F&F and revisiting old threads I notice all his posts are deleted? Just wondering what’s happened to him as he was pretty clued up on the F&F scene. Well I think with the knowledge gained with the Moorcroft / natwest malarkey (never heard anymore from that case) I think it’s now time to start again with Egg who have made an appearance out of the woodwork via a dca offering huge savings.

 

Is there anything in particular that you need to know?

[panther12]

Is there anything in particular that you need to know?

 

No not really at this point. The only thing I was unsure about is that in a previous F&F The Mould said that I had made a fundamental error by writing the debtors account details on the back of the cheque that accompanied the letter of terms, but as his posts are now deleted I couldn’t remember why that was an error. I did some digging around and remembered that it was to safeguard against the creditor saying that they bank the cheques before reading the accompanying letter. So best to bury the account details within the body of the letter, therefore if they match the payment to the debtors account they can’t deny not having read the terms that the cheque was tendered by.

 

A bit academic now though as decided they can whistle for the money – And I feel cheated that BD got offered 65% discount and we only got a measly 50% so sod em.

[Dotty50]

Anyone know what’s happened to The Mould. I’m about to do another F&F and revisiting old threads I notice all his posts are deleted? Just wondering what’s happened to him as he was pretty clued up on the F&F scene. Well I think with the knowledge gained with the Moorcroft / natwest malarkey (never heard anymore from that case) I think it’s now time to start again with Egg who have made an appearance out of the woodwork via a dca offering huge savings.

 

The Mould has been helpful on my threads in the past but his posts have been removed!

 

I recently asked the site team but not had a reply.

 

Has he gone?

[panther12]

Decided to do a F&F to try and get this account laid to rest once & for all. Not only was the cheque sent via 3rd party but the accompanying letter of terms also coming from the 3rd party (with the debtors details buried within the text of the letter).

 

The dca has now wrote direct to the 3rd party. They haven’t returned (or cashed) the cheque but said they do not have authority to discuss the matter with the 3rd party, enclosing a Form of Authority for the debtor to sign allowing the 3rd party to deal on their behalf. Said if they don’t receive the authority within 10 days they’ll reply direct to debtor. The 3rd party is thick skinned and has no problem allowing authorisation to communicate direct with the dca, but just wondering if completing a form of authority would have any implications regarding the F&F settlement?

[BRIGADIER2JCS]

It is to protect you and the third party that they require your

written permissin for the third party to act, other wise there

dicussing your debt would be a breach of the DPA 1998.

No problems with the F&F that are obvious.

[brokebutnotbeatn]

There is nothing untoward here re the authorisation.

[panther12]

It is to protect you and the third party that they require your

written permissin for the third party to act, other wise there

dicussing your debt would be a breach of the DPA 1998.

No problems with the F&F that are obvious.

Authorisation was given and as the 3rd party I have been in email discussion. They have now returned the cheque so I guess that’s the end of that discussion.