MBNA & Experto help needed

[Robertg2477]

Hi All,

 

Months ago I looked around for a low intrest loan to pay off MBNA credit card that had an interest free deal. Then got a call saying the debt was unenforceable and do I want to go down that route. After days of thinking about it I decided to try and so gave Benificial claims the go ahead. After months after they said it was unenforceable they pasted it onto Eastly Solicitors to fight. They have done nothing and MBNA kept saying they didnt have the right to deal with Eastlys as they hadnt received the correct paperwork/permision to deal with them on my behalf. Now after months MBNA have sold the debt onto Experto. I received a letter from Experto today saying they are concerned I failed to respond to a previous letter (I did receive it) and that I have 2 options, 1. commit ot a regular amout each month until balance is cleared. or 2. contact them to negotiate a discounted settlement figure. I rang them to see what the discount figure would be on teh £8500 I owe. She said they would give me 10% off. I said there was no way I could raise that sort of money. She said to give them some info and they would then present this all to Varde Investments LTD. This is the ifo they are wanting from me:

 

Further to your conversation today with Gema please find below the information needed to present your settlement to Varde Investments LTD. Please respond to the questions giving as much information as possible.

MBNA card number: xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

Account reference: xxxxxxxxxxxxxxxxxxxxxxxxx

Yourself

What is your marital status?

Do you have any dependent children (under the age of 18) if so how many?

Your Property

How long have you lived at your current address?

Are you a homeowner?

If so when did you purchase the property?

How much did you purchase it for?

What is the current value?

Is there any equity in the property?

Are there any charges, secured loans or mortgage top-ups on the property?

Your Employment

Are you currently employed, self employed, retired or on benefits?

If you are employed who is your employer and what is your job title?

Are you full time or part time?

Other Creditors

Please list any other creditors you have and the balances currently owed to them.

Income and Expenditure

Please also attach an income and expenditure showing your incoming funds each month and your expenditure. You will need to include your partners earnings and expenditure too.

Please also advise us of how you would intend to clear the debt if you were unable to raise a settlement figure.

Finally, when making your offer please advise us of the source of funds, when they would be available and which method of payment you would use to transfer the funds.

This information is needed so that we can present your offer to the underwriters in the best possible light and try to agree a good figure on your behalf. If your offer is not accepted the underwriters will suggest a figure they would be happy to accept. We look forward to hearing from you and hope we can assist in getting this matter resolved.

 

I am unsure what to do. I can afford to pay the money back monthly, but just feel so mad as originally I wanted to do the right thing and pay it then gave in to Benificial claims and now have a default registered on my name. So am thinking if I have a defauld I might as well stick to my guns and not pay.

 

If someone can give me advice that would be great. Do I just keep ignoring them or try for a better settlement figure. What figure would be a good figure to offer them onn the £8500 I owe.

 

Many thanks

Rob

[dx100uk]

ruddy fleecers.

 

you seriously need to do some reading in this forum & the DCA forum.

 

the agreement is obviously unenforceable or the bal is made of loads of charges or of mis-sold PPI.

 

NO company will EVER offer a discount if the debt is enforceable and another pointer is the fact that MBNA have sold it too

 

you are under no legal obligation to pay anyone anything, they cant go to court so they are stuffed.

 

never ever ring a dca!!

 

time to ignore everyone now.

 

dx

[Dotty50]

Well I would write asking for a copy of the CCA, although Beneficial claims should already have it.

 

Can you get a copy an scan it here?

[blueotter]

Interesting,the op has a property and mbna still sold teh account to experto,sounds to me like they know its non-enforceable as they'd chance their arm in court with even a dubious cca.

 

Both of my accounts were sold to expereto but then again i have no property or anything they can take.I posted my cca's up on my thread and the common consensus was they were unenforceable as well.

[dx100uk]

Well I would write asking for a copy of the CCA, although Beneficial claims should already have it.

 

Can you get a copy an scan it here?

 

beneficial claims.

 

the only people they benefit is themselves by fleecing people to line their pockets.

 

do it yourself.

 

dx

[Dotty50]

beneficial claims.

 

the only people they benefit is themselves by fleecing people to line their pockets.

 

do it yourself.

 

dx

 

Yes, that's what I meant dx write to the MBNA for it. Just pointed out that beneficial claims should already have it, as they have stated that it is unenforceable.

 

Strange that name should crop up, one of my MBNA accounts was originally Beneficial Bank.

 

Have you paid these people any money Robert?

[Robertg2477]

Hi All,

 

Thanks for your replies. I will ask Benificial clams for the CCA and yes I have paid them money.....

 

Thanks again.

Rob

[dx100uk]

pers

 

i'd write saying you've done nowt

 

please fwd all paperwork in relation to this claim and close the case thank you.

 

dx

[Dotty50]

And refund my money!

[Robertg2477]

Hi All,

 

Can you tell me if the debt has been sold on will it still incure extra charges or is that it now?

 

Thanks

Rob

[Dotty50]

Mine hasn't