Can a DCA charge interest?

[intend]

BB - nice line of argument but not qualified to say whether it would work.

[Ricardino]

Here's another spanner in the works.

What if the original agreement has no mention of right to assign?

If the DCA's are buying live accounts then acting on behalf of the

OC doesn't the agreement have to allow for assignment before that can happen??

Just curious as this is my current predicament!

 

Ric

[dadofholly]

I dont believe the agreement has to include a clause with a right to assign.

 

A credit agreement is classed as an assett - like a car, house etc. and as such can be bought and sold.

[bjoh69]

can a dca keep passing debts around to another dc.i think this one is statude barred.can anyone help please

[BRIGADIER2JCS]

can a dca keep passing debts around to another dc.i think this one is statude barred.can anyone help please

Lets have some more details

1. what is the debt, card.loan. overdraft??

2.When was the last payment or written

acknowledgement made.

3. Have you checked your CRA files to see

if the debt shows? If not do so.

4.What makes you think this SB??

[dx100uk]

yes its called a phishing list!!

 

dx

[BRIGADIER2JCS]

yes its called a phishing list!!

 

dx

Strikes me that DCAs are like kids in the playground

doing swappsies for debts that are really just bits of

paper, worthless in reality as the have been written off

against tax by the OCs.

Just a ramble for a Saturday afternoon:madgrin:

 

Brig,

[bjoh69]

Lets have some more details

1. what is the debt, card.loan. overdraft??

2.When was the last payment or written

acknowledgement made.

3. Have you checked your CRA files to see

if the debt shows? If not do so.

4.What makes you think this SB??

 

this debt was a loan back in 2003 wheh the last payment was made and when ut was defaulted it was passed on to a dca in 2006.the last payment was made back in 2003.the dca have registered it as default on my credit file in 2006.

[BRIGADIER2JCS]

Ok What month was the default registered,

the SB date will be approx 1 month before

the default date.

If you are sure that no payment or written acknowledgment

was made for 6 clear years or more then it is SB, no payments

to the DCA.

Are you being chased for this at present??

[bjoh69]

the month the dca registered the default was september and no acknowledgement or payment has been made since 2003

[BRIGADIER2JCS]

Which DCA posted the default??

 

If you are certain of your facts send this to the DCA.

 

Dear xxxxx

With reference to the alleged debt shown on my

credit reference files under your name, please note

I do not acknowledge any debt to you or any company

you claim to represent.

Further to advice received and my personal research

I have ascertained that the alleged debt is STATUTE BARRED

and I state formally that I will not now or in the future make

any payment or offer of payment.

Therefore please cease to process ant data relating to me

other than to remove the default entry from ALL agencies

you have registered it with.

[BRIGADIER2JCS]

Ok they may say the default must stay for the

full six years but it's not long to wait.

If they try to argue that the 6 years starts

from the 2006 date they are lying and need

to be reported to the OFT.

This should cover all the bases for you.

[bjoh69]

thank you i will send the letter on your last post.the dca is cabot who keep passing this debt around to other dcas are they allowed to do this

[BRIGADIER2JCS]

thank you i will send the letter on your last post.the dca is cabot who keep passing this debt around to other dcas are they allowed to do this

 

Typical Cabot farm out the SB and unen to the lower forms of pond life.