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HFC / HSBC sells off debt to Lowells


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Just had the compulsory Hampton Legal letter through with we May pursue this in court, this is what may happen threat.

 

So I'm assuming another threat-o-gram.

 

Awaiting next one, we're now 2 months and counting to statute barring.

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Just had the compulsory Hampton Legal letter through with we May pursue this in court, this is what may happen threat.

 

So I'm assuming another threat-o-gram.

 

Awaiting next one, we're now 2 months and counting to statute barring.

 

 

No threat of " we might send a man? in a mucky mac to pester you"??

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Dear Sirs

 

I had an overdraft limit of 500 with HSBC.

i gone over the limit and made more then 20 transaction after gone over the limit. i thought my credit limit was increased so my balance gone to 1300 pounds. Then i was ask to pay back all the money and was charged for that as well and my account was closed.

 

Can i claim anything back?

 

Thanks

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Dear Sirs

 

I had an overdraft limit of 500 with HSBC.

i gone over the limit and made more then 20 transaction after gone over the limit. i thought my credit limit was increased so my balance gone to 1300 pounds. Then i was ask to pay back all the money and was charged for that as well and my account was closed.

 

Can i claim anything back?

 

Thanks

 

 

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  • 2 weeks later...

Second letter from Hamptons today.

 

They are now assessing my account to decide their options.

 

It depends on the amount owed etc etc.

 

Then goes on with the usual threat o gram re CCJs.

 

We're now 1 month and 2 weeks away from a statute barring.

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Another week down, 10 days and 1 month now till the 6th birthday of acknowledging this debt.

 

Every day now I'm expecting that Bryan Carter letter. Crossing fingers!

 

Not heard from Hamptons since that letter 2 weeks ago in October. Quite surprised I haven't had a second chase letter.

 

Hope everyone is well!

 

-Loke

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Just had a letter with a final warning. If I don't respond by November 1st. They will carry out their decision which is either legal action or pass it to a specialist debt collector who may come see me in person to discuss repayment.

 

Their offer also include a 50% full and final payment of 4k.

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Just had a letter with a final warning. If I don't respond by November 1st. They will carry out their decision which is either legal action or pass it to a specialist debt collector who may come see me in person to discuss repayment.

 

Their offer also include a 50% full and final payment of 4k.

 

 

Typical Lowell, thumb up bum brain in neutral response.

 

 

"We could may even might take sour action but all we can do really is send round some oik with no more authority than the usual company " script" to collect my doorstep ."

 

 

Discount is a give away too!!

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dirty man in amac

 

 

bye bye

no powers fleecer

 

 

on your way

 

 

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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Probably won't matter.

 

The debt has been sold so the right of set off does not exist hence the money should come to you.

 

It could be that HSBC may buy the debt back in order to carry out a set off and SB won't affect the above two scenarios.

 

SB is purely to do with enforcement by the courts, nothing else.

 

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silly me

 

 

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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I have a savings account with another HSBC subsidiary that they in theory could have offset against. I'm surprised they never did, It didn't really strike me as a possibility in the past.

 

I have my ISA with HSBC, a Car Loan that i'm currently paying monthly, my credit card, I've just had a mortgage approved by them.

 

It's almost like they never linked the two accounts together?

 

Could they buy the debt back and offset against my savings, which is the deposit which i'm getting a mortgage based on.

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silly me

 

 

dx

 

I doubt that :-)

 

I have a savings account with another HSBC subsidiary that they in theory could have offset against. I'm surprised they never did, It didn't really strike me as a problem in the past.

 

I have my ISA with HSBC, a Car Loan that i'm currently paying monthly, my credit card, I've just had a mortgage approved by them.

 

It's almost like they never linked the two accounts together?

 

Maybe because this one is HFC and your others are "proper" HSBC" they haven't made the link. Different banks but under the same group so it is not impossible that they haven't twigged.

 

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  • 2 weeks later...

Is there anything I can do now to run a bit of delaying tactics, it's now 3 weeks and 4 days till statute barring. I would feel a lot better if this never hit the court, even though I'll defend it as hard as I can in court.

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stop panicking.

 

 

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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yes keep quiet and don't invite letter tennis

 

 

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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  • 3 months later...

This debt is now well and truly statute barred.

 

 

Lowell instructed a 3rd party to carry on collection,

 

 

they sent me two letters asking for money

 

 

then a third letter saying it's been returned to Lowell.

 

 

Not heard from Lowell since.

 

 

Thanks for all the advice on this guys.

 

 

Well chuffed it's now hopefully over.

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