LLoyds TSB Overdraft Debt Passed To Marlin ***Claim Discontinued***

[dx100uk]

if its a n overdraft its not worth it.

 

dx

[mw45uk]

Ok thanks dx

 

is there anything to send

and will Marlin be sending more letters

and will they have to tell me if they will be taking this to court?

 

mw

[dx100uk]

only the owner can instigate court

 

VERY long way off if at all.

 

would you go before a judge if you'd unlawfully charged £100's

I wouldn't

[dx100uk]

as post 2 nothing has changed

[mw45uk]

Ok dx thank you. I will post when i hear more from either one of them.

 

mw

[2Grumpy]

Are Marlins chasing this for LTSB or have they sold it to Marlin?

 

Don't be complacent because of their reference to their client - if LTSB did sell to Marlin they would have sold to Marlin Europe x who would use Marlin Financial to chase

[mw45uk]

Hi there

 

had a letter on 3rd December from LLoyds saying that they had assigned all of its respective

rights,title and interest in respect of the above reference account including outstanding balance to Marlin Europe ll

Limited effective from November 2013?

 

Then on 16th of January had the same letter from Marlin Financial Services?

 

Hope this helps and does this change what I need to do?

 

Also had a reply today from LLoyds regarding SAR saying it will be sent before 8th of March.

 

Thanks me

[dx100uk]

just confirms its been sold

 

dx

[mw45uk]

Hi there

I have an update today

 

just got home and have had a strong letter from Marlin saying

 

"they have been unable to agree a reasonable payment plan

and now the account will be referred to the clients solicitors to review the file

and to determine whether the client should take further action

I must agree an acceptable repayment proposal within the next 5 days this is a very serious matter"

 

Still awaiting document from TSB with account details (they say before 8th March)

 

what action should I be taking with this letter from Marlin?

 

I'm just afraid it might go to court ?

 

Thanks mw

[dx100uk]

that's what they want you to do.

be afraid

whole idea of threat-o-grams

dx

[mw45uk]

Ok thanks dx. do I need to send them a letter saying that I'm waiting for documents from LLoyds or any other letter?

 

Thanks mw

[Guest]

can do. cld send them a letter along lines of; no acknowledgments, matter in dispute, awaiting info re sar, etc. they might put things on hold. is now owned by marlin so up to them not the original creditor (loyds).

[mw45uk]

Ok thanks Ford will do and I will post if any more letters arrive which I'm sure they will ?

 

mw

[Guest]

wait abit, see what dx suggests

[mw45uk]

wait abit, see what dx suggests

 

Ok will do

 

mw

[Guest]

is this close to being statute barred?

[mw45uk]

is this close to being statute barred?

Is that no payments made on the account for 6 years ?

 

m

[Guest]

re an o/d, maybe accrues from the first demand/calling in of the o/d and no payments or acknowlegments since then?

[mw45uk]

Hi there here is an update of state of play,

 

had a letter from Mortimer Clarke solicitors

 

saying they are instructed by Marline Europe to get payments from this TSB account

 

they say the usual all this will go to court and all the rest of those threatening headlines in the letter?

 

Had all the paperwork for this account and

 

just to recap this is a current account with £5000 overdraft now payment wanted is £7000.

 

Looked through account statements and lots of charges of overdraft interest and unortherised overdraft charges and also

 

my last payments to this account were September 2008.

 

Charges just been added ever since?

 

Any advise would be great

 

Thanks mw

[dx100uk]

pop the charges in this

 

CISheet v101.xls

 

each one on its date

 

and put the OD APR in cell d15

 

lets see what we are playing with

 

dx

[mw45uk]

Hi dx thanks just working on it now where will I find the OD APR cant seem to find it?

 

mw

[dx100uk]

should be on the statements

and they show int per month so they must show what rate they use?

[mw45uk]

Sorry dx APR not on the statement

but this is what has come out of the calculations :

 

Total charges including

O/D Interest

- Unplanned O/D Fees and

Returned D/D = £3302.25

 

I have calculated APR at tsb current rate 3.14 and Compound Interest = £624.19

 

mw

[mw45uk]

Last payment to the account September 2008 account closed by LLoyds October 2009 hope this helps?

 

Thanks mw

[mw45uk]

Also had a letter from Marlin Financial Services

who are acting for Marlin Europe ( thinking they are in the same building?)

 

saying that as I have not made a payment plan

 

they now instruct Mortimer Clarke to take over recovery activity

 

and I should agree a repayment plan with them ?

 

mw