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Hsbc buy back debt to investigate PPI reclaim


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The one in their dreams ;)

Any advice I give is honest and in good faith.:)

If in doubt, you should seek the opinion of a Qualified Professional.

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RIP: Rooster-UK - MARTIN3030 - cerberusalert

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  • 2 weeks later...

Hi Blobby

 

Just got an identical letter to yours. What a joke!

 

"3. If we are unable to forward a copy of the original agreement, we will be able to supply a true copy of the document which will comply with section 77-79 of the Consumer Credit Act 1974."

 

Firstly, why bother trying to find one thing - "a copy of the original agreement" when they then say they are able to supply "a true copy of the document which will comply with section 77-79 of the Consumer Credit Act 1974"?

That just doesn't make sense. DO IT NOW THEN IF YOU THINK YOU CAN.

Let me know if you hear anything more. I'll do the same.

 

Cheers,

 

Denver

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If they can provide a true copy of the original executed agreement they can enforce it in Court. It must fully comply with the law in respect of prescribed terms and so on.

 

The regulations provide for them to fulfil a s.78(1) CCA 1974 request with a copy agreement that does not contain your details or any signatures - a blank 'example' agreement, if you will - but they cannot enforce this in Court.

 

Remember that the Act requires a creditor to supply (to fulfil a s.78(1) request), as well as the agreement, a statement of account, and 'any other document referred to in the agreement' - such as terms and conditions (which must be the ones valid at the time).

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The true copy of the agreement that Hillsden sent me when they couldn't get a copy was an application form cut out of a newspaper!! They are now long gone after I threatened to sue them for harrassment. Stick to your guns with Mr Locke and don't let him browbeat you - anyone who gives false addresses on their stationary (as MDB) is just sad.

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Blobbypet, having a direct debit in place if you're dealing with Hillesden is a really bad idea. If you can, change it to a Standing Order. At least you will have control over what leaves your account then.

Also, I'm sorry to say this but most DCAs treat our credit reference files as their playground:mad: Hillesden couldn't default me (it had already been defaulted) but they still like to go in and have a rummage around. At one point, they marked my file as 'Delinquent' from 1899!:p

We will not be intimidated.

'The pen is mightier than the sword'.

Petition to Outlaw Debt Sale and Purchase

- can't read/post much as eye strain's v.bad.

VIVA CAG!!! :)

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Blobby, did you get a letter from hsbc (mcs) saying they had sold the debt to Hillsden (DCL).? If so, you are wasting your time and money still paying hsbc (mcs).

I got a hsbc letter (enclosed with the initial Hillsden letter) saying that the debt had been sold and that any payments to hsbc (mcs) would be forwarded to Hillsden (DCL).

I wil not pay Hilsden (DCL) until they come up with the CCA - therefore I've stopped the payments to hsbc (mcs).

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  • 5 months later...
Blobby, did you get a letter from hsbc (mcs) saying they had sold the debt to Hillsden (DCL).? If so, you are wasting your time and money still paying hsbc (mcs).

I got a hsbc letter (enclosed with the initial Hillsden letter) saying that the debt had been sold and that any payments to hsbc (mcs) would be forwarded to Hillsden (DCL).

I wil not pay Hilsden (DCL) until they come up with the CCA - therefore I've stopped the payments to hsbc (mcs).

Hi Denver how have you got on with dlc?

I get a letter every month saying that they are awaiting aggreement will write again in 21days lol

:confused:

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Hi Denver how have you got on with dlc?

I get a letter every month saying that they are awaiting aggreement will write again in 21days lol

:confused:

 

Anybody out there with same letters every month????:???:

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I get the same one every year :eek:

Any advice I give is honest and in good faith.:)

If in doubt, you should seek the opinion of a Qualified Professional.

If you can, please donate to this site.

Help keep it up and active, helping people like you.

If you no longer require help, please do what you can to help others

RIP: Rooster-UK - MARTIN3030 - cerberusalert

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  • 4 weeks later...
We will be able to supply a true copy of the document which will comply with section 77-79 of the Consumer Credit Act 1974.

 

What Document are they on about ??

 

Exactly what I thought:D

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  • 5 months later...

Blobbypet.

 

How are you doing with this ?

 

Regards.

 

Scott.

Any advice I give is honest and in good faith.:)

If in doubt, you should seek the opinion of a Qualified Professional.

If you can, please donate to this site.

Help keep it up and active, helping people like you.

If you no longer require help, please do what you can to help others

RIP: Rooster-UK - MARTIN3030 - cerberusalert

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  • 2 years later...
Hi scott

Ive reduced my payments and not heard a thing for 3 months

Thinking of cancel payments altogether

:)

Dear Mr Blobbypet

 

Reference HSBC BANK plc Account number xxxxxx xxxxxxxx

 

We informed you by way of letter sent to you in January 2009 that the above account had been sold by HSBC BANK to Hillesden DLC on 13 January 2009.

 

Following receipt of your complaint to the sale of ppi and alow us to investigate the same,We write to inform you that the above account has been repurchased by HSBC Bank plc on 25th january 2013 and that HSBC are now the effective owners of this account.Yje amount outstanding as at date of repurchase is £8700.00.

Your account will be managed by Central Debt Recovery Unit on behalf of HSBC Bank plc.

All contact regarding this account should now be directed to:

CEntral Debt Recovery Unit

PO Box 4-93

Worthing

West Sussex

BN11 2RD

Telephone: 0845 609 0548

 

Our Payment Protection Insurance complaints team will contact you in due course in relation to your complaint

 

Yours sincerely

 

Gary Jones

HSBC BANK plc

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Got A Letter today from HSBC:

After filling out a ppi claim they have now sent me a bill

 

Dear Mr Blobbypet

 

Reference HSBC BANK plc Account number xxxxxx xxxxxxxx

 

We informed you by way of letter sent to you in January 2009 that the above account had been sold by HSBC BANK to Hillesden DLC on 13 January 2009.

 

Following receipt of your complaint to the sale of ppi and allow us to investigate the same,

 

We write to inform you that the above account has been repurchased by HSBC Bank plc on 25th january 2013

and that HSBC are now the effective owners of this account.

 

Yje amount outstanding as at date of repurchase is £8700.00.

Your account will be managed by Central Debt Recovery Unit on behalf of HSBC Bank plc.

All contact regarding this account should now be directed to:

CEntral Debt Recovery Unit

PO Box 4-93

Worthing

West Sussex

BN11 2RD

Telephone: 0845 609 0548

 

Our Payment Protection Insurance complaints team will contact you in due course in relation to your complaint

 

Yours sincerely

 

Gary Jones

HSBC BANK plc

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thats not a bill..

 

it saying we have brought the debt back from a sale to a DCA

 

and that we will be investigating your complaint.

 

whats the history of the debt please

 

and HOW did you instigate the PPI reclaim.

 

dx

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

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several threads from many years merged for the history of the debt

 

dx

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

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