Overdraft/Settlement...

[delllled]

Hi All,

 

I've been receiving letters from a DCA for a few months now regarding an old overdraft debt I have owed.

 

Decided not to respond to any of the sabre rattling letters and just see what happens..

 

Got a letter today I'm a little bemused by,

 

it is offering me a settlement figure which is way below the actual amount of the debt

when ignoring charges that were tacked onto it before it went into default.

 

As the account is not statute barred until towards the end of next year I am puzzled why they would offer this.

 

I know the waters are a lot murkier when requesting CCA's for overdrafts

so I haven't gone down that route.

 

Surely if they had all they needed to prove in court I owe the full debt then I wouldn't get any settlement offers...

 

Thoughts?

[dx100uk]

the debt obv includes unlawful PENALTY fees

 

that can still be reclaimed or atleast challenged

 

and if from after 2009 BCOBS refers too.

 

that'll be the discount.

 

as guessed.

 

who is the DCA

 

and who is the OC?

 

dx

[delllled]

The OC is Yorkshire Bank.

The DCA is Equidebt, who are acting on behalf of Marlin, and making noises of passing the debt onto CAS..whoever they are....

[dx100uk]

hehe

that explains it

 

equidebt and marlin are bottom feeders

 

they typically try it on

where all the others wont

as they know there is no chance of ever getting any money .

 

ignore them!!

 

dx

[delllled]

Bumping this thread for an update,

 

I have heard nothing from Equidebt/CAS since January. At this point I sent a SAR to the OC to get the breakdown on the details of this debt and concluded that;

 

The debt is made up around 60% in charges.

Last credit into the account was in May 2008

Overdraft facility removed from the account at the end of August 2008.

Default notice issued November 2008.

 

When would this debt be classed as Statute Barred? I am assuming it already is or is very close (Baring in mind I am in Scotland and I know 5 years apply), as I have just this week received a letter from Marlin demanding payment on this debt, and I considering mailing them the SB Letter.

 

Thanks.

[dx100uk]

SB date is last payment

 

account will vanish from your cra about nov 2014

 

dx

 

 

dx