@hsbc_uk_help HSBC Have Sold On Debt - Does 6 Years CRA Record Start Over

[BelstarBomb]

Morning All,

 

Just received notification from a new DCA that they have bought a debt from HSBC and they are now classed as owning the debt not HSBC. HSBC couldn't enforce as they admitted in writing that they did not have a signed credit agreement.

 

They confirmed this in writing and defaulted the account in 2009.

 

Now it has been sold on, does the 6 year clock continue from 2009 or has it now been reset to start from 2012?

 

Thanks,

 

Bel

[stevo7790]

Which clock are you referring to Belstar?

 

Statue Barred or it being reported on your credit file?

 

Statue Barred is 6 years with no payment and no admittance of debt, and the other is 6 years after the default date. you can only be defaulted once.

 

You may notice a new DCA has done a search against you, this stays on your file for 2 years.

[citizenB]

The SB date starts from the date of the first missed payment and continues for 6 years regardless of when the DCA takes over.

HSBC .. !! hmmm.. in respect of your statement that they have confirmed they do not have a signed agreement.. you might want to have a read of pipster's thread..

http://www.consumeractiongroup.co.uk/forum/showthread.php?329583-HSBC-v-Pipster-Court-Tomorrow!!-*****Discontinued*****&p=3674537#post3674537

 

Especially the last two or three pages

[BelstarBomb]

Hello again CB!

 

and thanks Stevo too.

 

I'm not too worried about the SB date I was more concerned that the default 6 year date clock had started again from the new DCA buying the debt this month.

 

Have only had a chance to scan Pipster's thread CB - but am I reading between the lines that the fact that I have it in writing that they don't have a signed agreement is a good thing??

 

bel

[dx100uk]

so when was you last payment or financial transaction?

 

dx

[BelstarBomb]

Hi Dx,

 

2008 was the last time a payment was made. They filed a default pretty much strait away when we wrote regarding unenforceability. Removed it when kicked up a fuss but I can't remember what we quoted at the time and then out it back (the default) in April/May 2009

 

Bel