Cl Lewis / Cohen Solicitors HASSLING AFTER CO obtained

[jimbo45]

Hi there

What's up with these wretched people -- surely by now they must have had ZILLIONS of complaints against them -- nearly everybody knows what low lifes and scumbags infest this totally STINKING industry where they buy 5,000 GBP debts for around 25 - 50 GBP and then try and extort the original PLUS interest etc etc.

 

A colleague of mine got a final CO for around 4900 GBP via Cohen's / CL Finannce / Lewis who "purchased" the original debt.

 

A FEW DAYS after the final CO - the ink was barely dry on the Court CO Cohen's have written TWICE to my colleague with threatening letters saying

 

"Our records show you owe XXXX GBP to our client CL Finance. This is subject to a CCJ in XXXX County Court

 

Please pay up immediately or further action will be taken".

 

Now as far as I know after a CO has been issued all they can do is possibly try some scare mongering but the CO is just a charge on the property until it's sold.

 

No Court will force a sale of an asset worth around 300,000 GBP for a Credit Card debt of 5,000 GBP -- by any standards the sale is VASTLY disproportionate to the amount of debt outstanding so what on Earth are Cohens playing at -- they issued the CO in the first place so if they are Solicitors shouldn't they KNOW and FOLLOW the rules.

 

Hassling people for money is a "reportable" offence anyway.

 

Is there any action that can be taken against these scumbags like getting their licence to practice law revoked or something.

 

If they weren't so greedy in the first place in going for a CO they might have actually got some money but my colleague is now so angry with these "people" that he's just going to sit it out for as long as possible and possibly if he has to pay something make them a smallish Full and Final.

 

I think there really ought to be a MASSIVE petition against this evil industry where debts can be bought for PEANUTS and then the debt buyers can almost charge the debtor what they like and often get away with it.

 

If they BUY debts they should only be allowed IMO to make say 25% on it --still a nice profit.

 

It's probably too much to expect this whole EVIL industry to be shut down but their wings should be clipped a bit.

 

Incidentally the CO DID NOT provide for any interest to be added which is probably why the hasslement is occurring -- they realize they've got themselves into a bind.

 

Hopefully they are digging themselves ever deeper into a pit from which they will never get out of.

 

Anyway another one for the Lewis/CL Finance/Cohen fan club.

 

Cheers

jimbo

[twoman]

subbing with interest as i have just started my battle with cohens/cl finance..

[PGH7447]

as far as I am aware and I admit not 100% sure, but the amount decided on the CCJ is what is to be repaid on a monthly basis, having a CO does not alter this fact, the CO is there to register an interest if the property is sold that is all, if the debtor sticks with the CCJ then they cannot force a sale.

 

I would report cohen to the SRA for intimidation, and also check with the court the exact process involved now, tell your friend to not stop paying the ccj has this could enable these leeches to go for a sale.

[jimbo45]

Hi there

The CO SUPERCEDES the CCJ as when the CO is discharged the CCJ is automatically nullified.

 

If this wasn't the case imagine the horror stories that would appear -- When you sold your property the CO is paid off but you could still be chased for the CCJ.

 

Thankfully this isn't the case.-- The CO CONVERTS the CCJ amount into a "Secured" debt - although for enforcement the creditor has to go back to court again and go through all sorts of hoops to get any further.

 

These days getting a CO is really a 100% waste of time for DCA's -- but what would they know.

 

For starters if you have any decent equity in the property a court won't force a sale since the amount realized could be totally disproportionate to the amount of debt for example selling a 250,000 GBP house to setlle a 4,000 GBP credit card bill is 100% totally out of order.

 

A CO also stops any interest on the CCJ stone dead -- you only have to pay the amount of the CO plus the Court costs (around 200 GBP) -- NO INTEREST is allowed on debts subject to CCA laws -- 99% of debts on this forum.

 

Greedy CCA's get their knickers in a twist with the whole CO process -- you can now bargain with them since you can say you aren't moving for 30 years (even if you want to move next week) by which time the debt will be worthless.

 

Offer them a Full and final of around 12 - 15% to start with -- they probably purchased your debt for between 2 and 5% anyway. Disgusting business.

 

Cheers

jimbo

Edited February 27, 2011 by jimbo45

[Guest jsa12]

these debt collectors' behave like flies' around a cow's arse.anyone on here lately cannot fail to notice the continual detriment to the consumer,and those that are supposed to oversee this industry stand back.it has more to do with uk plc then the interest of the person that has resulted in this wild west culture that has prevailed and has got worse and worse.

 

charging orders are, a method of not only securing the debt,knowing this encourages oppressive behaviour as what can be seen above and gives an unfair advantage over other creditors',debt should not be allowed to be sold hence its important to get the debt into dispute once this happens the bankruptcy route is then also quashed as well as the ability to sell on to other outfits.