Ford Credit link Financial IDR debt please help

[crosssxco]

My husband had a HP agreement with Ford Credit for a van for his business.

 

Last year I lost a job and eventually got DLA after 5 months for a chronic illness (MS).

 

This resulted in cash flow problems.

 

We missed 2 payments but did catch up a bit.

 

Ford Credit lost patience and sold the debt to IDR Finance C/O Link Financial Outsourcing.

 

I have requested to continue paying the instalments (29 left) but insist on the full amount of £10015.72.

 

IDR C/O lINK will not accept payments and will not reply to my letters in writing.

I have been given a run around.

 

We have a good business and are surviving, but we need the van as it is a mobile workshop.

I am not sure if IDR have bought a debt or the HP contract or whether Link Financing own the debt.

 

They are threatening us wih reposession and baliffs.

I also work with my husband.

 

If the van is taken away then we have no income.

 

I have written to IDR on 04/04/13 stating I am going to put a Time Order in the local court.

 

I have also found a way of paying IDR C/O Link through their website

- should I continue to do so.

Can anyone advise please.

Help.

Edited April 12, 2013 by crosssxco
Incorrect spelling and extra info

[citizenB]

If there was a payment arrangement in place when Link purchased the debt then they purchased it with the liabilities as well as the benefits. I think you will find it is Link Financial who own the debt.

 

Before they can even think of bailiffs and repossession they would have to issue a claim against you.

 

I would indeed continue to pay via the website and yes a Time Order sounds like a plan.

 

Link are breaching OFT guidelines by not responding to your letters and you have the legal right to communicate in writing and in your interest too as it ensures there are no mistakes. Plus they will not say in writing what they will try to get away with on the telephone.

 

They are not allowed to refuse payments.

 

I will try and find some more help for you.

 

Have you paid more than a 1/3 rd of the HP payments ?

[citizenB]

Have sent S.O.S. to those on the team who know about these things. They might not be around until later in the day, or first thing tomorrow.

[crosssxco]

Yes My husband has paid £6600.36 of a total debt of £16616.08 -39.7% of the original.

[crosssxco]

Yes we/ my husband has paid 39.7% of orginal finance.

 

Sorry for repeating myself new to the forum

Edited April 12, 2013 by crosssxco
adjustment

[crosssxco]

Many thanks

[ncm-000]

Stop panicking, I think you are safe for awhile

 

http://www.4rbusinessrecovery.co.uk/faq/?show=15

If you've paid more than a third of the total cost of the HP or CS (not including any insurance), your lender will need a court order to take the goods back. If you've paid less than this, the lender still can't enter your property to take the goods without a court order, unless you give them your permission to.

 

However, this is not one of my areas of expertise, but 'google is your friend'

[citizenB]

Was there any Payment Protection Insurance on this agreement ?

[dx100uk]

why have they sold this debt to link?

 

there is a very good reason

 

NO_ONE sells a £10k debt !!

 

you need to find out what is wrong is it.

 

send an CCA to link

 

send an sar to ford credit

 

to get ALL the statements.

 

have you still got your copy of the agreement?

 

dx

[crosssxco]

I am not sure. I know there wasa protection for the shortfall if the van got written off. I suppose this is invalid now!

[crosssxco]

Yes I have a copy of the original agreement.

[dx100uk]

scan it up please.

 

set your default scan page size to A4 less than 300DPI [150 will do]

scan the required letters/agreements/sheets - as a picture[jpg] file

don't forget you can use a mobile phone or a digital camera too!!

'

BUT......

ENSURE: remove all pers info inc. barcodes etc using paint program

but leave all monetary figures and dates.

*********************************************************

{DO NOT USE A BIRO OR PEN OR USE SEE THRU TAPE OR LABELS]

try www.pdfescape.com TO BLANK STUFF,

*************************************************************

or

DO IT IN MSPAINT.EXE or any photo editing program

goto one of the many free online pdf converter websites ...

http://freejpgtopdf.com/

if you have multiple scans/pics

put them in a word doc FIRST and convert that to PDF

or use www.pdfmerge.com

convert existing PC files to PDF [office has an installable print to PDF option]

..

 

it would be better to upload a multipage pdf if

you have many images too rather than many single pdfs

.

or if you have PDF as an installed printer drive use that

or use word and save as pdf

try and logically name your file so people know what it is.

though dont use full bank names or CAG in the title

i'e Default notice dd-mm-yyyy TSB

.

open a new msg box here

hit go advanced below the msg box

hit manage attachments below that box

hit the add files button on the top right

hit select files, navigate to your file on your pc

hit upload files

.

dx

[crosssxco]

Sorry but what am I scanning

[dx100uk]

agreement...

 

dx

[IdaInFife]

what country are we in?

[Horsen]

Plus when you do send any thing by mail make sure it is by Recorded delivery at the very least. Sorry if I am teaching you to suck eggs but they could easily say they haven't received your letters.

[dx100uk]

or just get proof of posting from a PO counter.

its free!

 

dx

[citizenB]

That is correct CB - one third If you have paid more than one-third of the hire purchase price' date=' a lender cannot repossess the car [b']without taking legal action against you[/b]. If they do refuse the reduced payments then a Time Order may be a way forward before they instigate litigation

 

 

Here you go, crosssxco

[crosssxco]

Hi

 

I want to get the info over to you but it will not lety me because I have only 7 post not the required 10

 

THKS

[crosssxco]

thanks for all info

[crosssxco]

There will be 7 files.

Sorry not very good at this, but learning

[crosssxco]

scan it up please.

 

set your default scan page size to A4 less than 300DPI [150 will do]

scan the required letters/agreements/sheets - as a picture[jpg] file

don't forget you can use a mobile phone or a digital camera too!!

'

BUT......

ENSURE: remove all pers info inc. barcodes etc using paint program

but leave all monetary figures and dates.

*********************************************************

{DO NOT USE A BIRO OR PEN OR USE SEE THRU TAPE OR LABELS]

try www.pdfescape.com TO BLANK STUFF,

*************************************************************

or

DO IT IN MSPAINT.EXE or any photo editing program

goto one of the many free online pdf converter websites ...

http://freejpgtopdf.com/

if you have multiple scans/pics

put them in a word doc FIRST and convert that to PDF

or use www.pdfmerge.com

convert existing PC files to PDF [office has an installable print to PDF option]

..

 

it would be better to upload a multipage pdf if

you have many images too rather than many single pdfs

.

or if you have PDF as an installed printer drive use that

or use word and save as pdf

try and logically name your file so people know what it is.

though dont use full bank names or CAG in the title

i'e Default notice dd-mm-yyyy TSB

.

open a new msg box here

hit go advanced below the msg box

hit manage attachments below that box

hit the add files button on the top right

hit select files, navigate to your file on your pc

hit upload files

.

dx

I have attached the files

many thanks

[crosssxco]

PDF files as requested

 

merged - dx

[dx100uk]

ok no insurances

and you've paid more than the required amount to prevent repro.

 

cant see why they sold it.

 

you have done the two letters in post 9 ..yes?

 

just have to await and se if link have the agreement

or

the sar points to something.

 

for now

sit tight.

 

dx

[crosssxco]

The two letters, consumer credit agreement to Link and a sar to ford credit- just wish toi confirm

You said sit tight, however shall I continue to make payments