GE Money Loan paid but have outstanding arrears account.

[jon888999]

Sheila, I think so. Or like dx said check his credit file.

Keep faith in this site, you will probably have a long fight on your hands.

Did you leave the file in my desk?

[Sheila117]

Thanks Jon & dx, I will sort the trustonline in the morning.

 

I will also apply for CRA reports tomorrow. No point in sending recorded as its a PO box address?

Is it worth applying to all; experian, equifax and callcredit - to cover all bases?

 

Yes Jon, the paperwork is in your desk

 

I won't lose faith, though I can see it's easy to - yours and everyone's help and support from this forum would be in vain if we backed down. Also the blighters(mild to what I wanted to call them) would win!

 

S

[Sheila117]

England and Wales Orders & Judgments

NOTHING REGISTERED

 

Hope this helps.

[jon888999]

Hope this helps.

 

Sheila, I think you need to look at your fathers other accounts as it sounds like he has been mislead to believe that he has CCJS for other accounts unless they are over 6 years old.

[Sheila117]

Morning Jon,

He has no other accounts, but has had (which he has been in fincancial trouble with).

 

The CCJ could have been longer than 6yrs ago. Is 6yrs significant when it comes to CCJs, or is it just that they don't show after 6yrs?

Will apply for his credit reports today.

[AndyOrch]

Hi Sheila

 

Im getting a little lost here...why are we presuming that a CCJ exists on this account?

 

Regards

Andy

[jon888999]

Hi Sheila

 

Im getting a little lost here...why are we presuming that a CCJ exists on this account?

 

Regards

Andy

Sheilas father remembers getting court papers, but he isn't sure what they related too. Probably not this account.

[dx100uk]

looking at the interest bearing charges pdf

 

there are various solicitors fees from 2005

i would suggest the ccj is outside of 6yrs

so will not show.

 

he got royally shafted with fees to inflate the debt before they got him there!!

 

 

pers i dont think he owes a penny and has/is being fleeced blind.

 

dx

[jon888999]

If there is a CCJ, are they able to keep adding charges or if that CCJ has been settled is the debt settled?

[dx100uk]

paid or not the ccj will vanish on its 6th birthday

 

i would have thought the GE would be / have

waived their arms legally if this 'fees' account was part of the CCJ/CO.

 

me thinks it was not

 

it would be really interesting to see the judgement box

 

outside chance northhants court might stil have details?

 

if the CCJ was not settled my guess would be GE money would be refering to it still

 

they are not.

 

dx

[dx100uk]

i p'haps would twist their arm

 

they cant refuse to remove the charging order

if they have no proof the 'fees' account was part of the CO sum surely

 

so thus...

 

they must have it to prove it.

 

demand they remove the CO as the CCJ has been settled long ago

 

if they so NO

 

then demand proof the fees account IS part of the CO sum... i bet its NOT!!

 

dx

[Sheila117]

Thanks dx.

We're not even completely sure if there was a CCJ/court order - there has been no mention of it for a long long time if there was.

[AndyOrch]

I personally don't think that any Judgment is in place ...its a secured loan...they dont need one...they can go straight for a CO to secure the debt.

 

Is there a Charging Order ...has the Land Registry been checked?

[Sheila117]

On the land registry would this been in the title plan or title register?

[Sheila117]

oic, plan is a map.

So the charges would be an entry on the title register?

[Sheila117]

I have ordered the title register but for some reason I'm struggling to find the document, I have a worldpay transaction ID (by email) but land registry website can't find it.

I will ring them up shortly.

[jon888999]

I have ordered the title register but for some reason I'm struggling to find the document, I have a worldpay transaction ID (by email) but land registry website can't find it.

I will ring them up shortly.

 

Hi, Sheila has managed to get the document:

I think this is the relevant bit:

Probably normal for a secured loan?

 

B: Proprietorship Register continued

the proprietor are modified.

4 (28.11.2002) RESTRICTION: Except under an order of the registrar

no disposition by the proprietor of the land is to be registered

without the consent of the proprietor of the Charge dated 27

November 2002 in favour of Igroup Loans Limited referred to in the

Charges Register.

C: Charges Register

This register contains any charges and other matters

that affect the land.

1 (28.11.2002) REGISTERED CHARGE dated 27 November 2002 to secure

the moneys including the further advances therein mentioned.

2 (28.11.2002) Proprietor: IGROUP LOANS LIMITED (Co. Regn. No.

3860257) of Malvern House, Croxley Business Park, Watford WD18

8YF.

End of register

Page 3

[dx100uk]

no i think that is the charging order

 

if it was the loan i think it would say Standard Security blan blah IGroup ltd?

 

not sure

 

dx

[AndyOrch]

Thought as much so a CO is already in place.Jon I have unapproved your other post as there is far too much personal information on view.

[jon888999]

Thought as much so a CO is already in place.Jon I have unapproved your other post as there is far too much personal information on view.

 

Andy, No problem, don't think it needs to be edted & posted again, as we know a CO is in place.

[DonkeyB]

Looking at the T&Cs, I get the impression that this is in fact a mortgage account rather than a standard loan. Could you confirm this?

[DonkeyB]

... because the CO is dated the same as the date the loan was taken out. It is not the result of court action.

[DonkeyB]

If the PPI is missold, £1600 at 13.2% interest compounded means they almost certainly owe you money. About £5,500 I estimate.

 

The interest rate is, by the look of it, variable, but Barclays’ base rate went up to well over 5% in the mid 2000s.

[Sheila117]

I think you're right.. I think the credit agreement calls it a mortgage? (Sorry I'm using my phone).

 

Not that it has much relevance but it was sold as a loan, well at least my father believed it was a loan.

[dx100uk]

doh! are we blind..

 

its a mortgage

there neverwas a CCJ

there never was a CO.

 

however we need to know what happened in 2005 to involve solicitors please

 

it looks like he had money issues dating back to 2004

 

ALL those listed fees bar the Sol fees are reclaimable at their int rate

if it never went to court [for what?]

 

they can be reclaimed too

dx