MBNA, Intelligent Finance

[leehughes]

Hi,

 

I owe over £2000 to MBNA and also 2 seperate amounts to Intelligent Finance.

 

They have now SOLD the debts.

 

To LINK FINANCIAL and Tessera Portfolio Management respectively.

 

Do I still seek recompense from MBNA and IF or these new companies as they are the LEGAL owners of the liabilities.

 

The charges etc exceed the sums sought, just I tell them to get lost?

 

Any help would be grateful

[Russe11]

contest the now legal owners of the debt, should accomadate at 60-70% of the value of the debt.

 

If the charges are more than 30% push harder

[pj]

I took the liberty of posting this message on http://www.debthelpuk.co.uk where people have quite a lot of experience of Link. There was a lengthy debate between two of the resident lawyers seemed to conclude that you could recover any charges you have paid from whoever you paid them to and that you have a strong defence against any attempt by the debt buyer to sue you. Bear in mind that Link are well known for both going to court and seeking forthwith judgments and charging orders, so be on your guard.

[leehughes]

Thnx,

 

MBNA Balance is £2093......charges are £2500+

IF Balance is £594.....charges are £1500+

IF Balance is £1642......charges are £1500+

 

LINK have told me they won't go to court...informed them my family would settle at 40% as in no position to make an offer.

 

They won't have it, sent them recorded letter revoking my offer of settlement.

 

Nothing to lose...Bankruptcy beckons if I cannot agree terms...!!!!

 

There is money in the banks, need to make a withdrawal!!!!!!!

[Russe11]

Well you are technically fecked, unless you can make minimum payments

 

but if you start action now and give say 10 working days for full satisfaction, then at least they are not going to default them(well they shoudn't under 13.6 of BC if they subscribe)

 

14days for acknowledgement so 24 days and you could get judgement by default

 

or 28 if they mess about with defence.

 

If they have already defaulted you, submit a counter claim(they would be fairly stupid not to back down).

 

make sure you get all the charges+interest+interest

[leehughes]

Defaulted long time ago.

 

Shall I write informing them that I shall be claiming against the ORIGINAL owner and if they want to take me to court then I will be counterclaiming against them as they are trying to seek judgement for an unenforceable debt?

 

Regards

[leehughes]

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