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    • “If Trump’s stock in Truth Social, his company, drops any lower, he might do better under my tax plan than his.” — President Biden, while pitching his plan for higher taxes on the rich in Scranton, Pennsylvania LOL   Does seem that way HB - all the little trumpies throwing their money away while 'larger players' milk them by 'shorting it seems     I'm waiting for it to drop below $20 before investing ... .. some more chortles  
    • It's mostly small investors, isn't it, TJ? I don't think Wall Street and institutions have bought into Truth Social. Much like US banks don't want to lend to him, I'm reading.
    • Looking on their website I would of thought that a Life interest trust would of been set up, and they state:   "A life interest trust  (also known as possession trusts or interest in possession trusts) be used for preserving assets for the next generation whilst providing a benefit for the current generation. For example, if your home is placed into a life interest trust, then the person with this interest can continue to live there until their death. The house would then be distributed in line with your Will." & A trust can be created in your lifetime, which is to take immediate effect (often referred to as a “lifetime settlement”), or it can be created on death through your Will (known as a “Will Trust”).
    • “If Trump’s stock in Truth Social, his company, drops any lower, he might do better under my tax plan than his.” — President Biden, while pitching his plan for higher taxes on the rich in Scranton, Pennsylvania   LOL Hit $26 and likely temporarily bounced back a bit to 27 dollars - from $78 - still a good return on MHA (malodorous hot air)   Wonder whos making the money off this ponzi looking scheme share price colapse?
    • I would have thought so but I'm no lawyer. What did the one that you spoke to say? You could also google about how/when a will trust is set up to get more of an idea before you speak to the original lawyer. HB
  • Our picks

    • If you are buying a used car – you need to read this survival guide.
      • 1 reply
    • Hello,

      On 15/1/24 booked appointment with Big Motoring World (BMW) to view a mini on 17/1/24 at 8pm at their Enfield dealership.  

      Car was dirty and test drive was two circuits of roundabout on entry to the showroom.  Was p/x my car and rushed by sales exec and a manager into buying the mini and a 3yr warranty that night, sale all wrapped up by 10pm.  They strongly advised me taking warranty out on car that age (2017) and confirmed it was honoured at over 500 UK registered garages.

      The next day, 18/1/24 noticed amber engine warning light on dashboard , immediately phoned BMW aftercare team to ask for it to be investigated asap at nearest garage to me. After 15 mins on hold was told only their 5 service centres across the UK can deal with car issues with earliest date for inspection in March ! Said I’m not happy with that given what sales team advised or driving car. Told an amber warning light only advisory so to drive with caution and call back when light goes red.

      I’m not happy to do this, drive the car or with the after care experience (a sign of further stresses to come) so want a refund and to return the car asap.

      Please can you advise what I need to do today to get this done. 
       

      Many thanks 
      • 81 replies
    • Housing Association property flooding. https://www.consumeractiongroup.co.uk/topic/438641-housing-association-property-flooding/&do=findComment&comment=5124299
      • 161 replies
    • We have finally managed to obtain the transcript of this case.

      The judge's reasoning is very useful and will certainly be helpful in any other cases relating to third-party rights where the customer has contracted with the courier company by using a broker.
      This is generally speaking the problem with using PackLink who are domiciled in Spain and very conveniently out of reach of the British justice system.

      Frankly I don't think that is any accident.

      One of the points that the judge made was that the customers contract with the broker specifically refers to the courier – and it is clear that the courier knows that they are acting for a third party. There is no need to name the third party. They just have to be recognisably part of a class of person – such as a sender or a recipient of the parcel.

      Please note that a recent case against UPS failed on exactly the same issue with the judge held that the Contracts (Rights of Third Parties) Act 1999 did not apply.

      We will be getting that transcript very soon. We will look at it and we will understand how the judge made such catastrophic mistakes. It was a very poor judgement.
      We will be recommending that people do include this adverse judgement in their bundle so that when they go to county court the judge will see both sides and see the arguments against this adverse judgement.
      Also, we will be to demonstrate to the judge that we are fair-minded and that we don't mind bringing everything to the attention of the judge even if it is against our own interests.
      This is good ethical practice.

      It would be very nice if the parcel delivery companies – including EVRi – practised this kind of thing as well.

       

      OT APPROVED, 365MC637, FAROOQ, EVRi, 12.07.23 (BRENT) - J v4.pdf
        • Like

Pounds to Pocket NEW issues


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Managed to set up a payment plan over six months with these buffoons.

 

Paid 1st amount this month on time. No issue with paying, amount is right for me at the moment.

 

Had a butchers on the old Noddle file and see they've marked it my loan with them as a default even though I've paid on time.

 

First steps to take?

 

My credit file is already in the cr4pper so another default doesn't really bother me BUT of all of them on there, this is the one that is the most unfair.

 

:violin:

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Did they send a default notice? They have to send a default notice describing the cause of default and giving you time to rectify it. Though sinc eyou agreed the plan, maybe they thought this didnt apply to them. Remember, they are Quick Quid.

Any advice i give is my own and is based solely on personal experience. If in any doubt about a situation , please contact a certified legal representative or debt counsellor..

 

 

If my advice helps you, click the star icon at the bottom of my post and feel free to say thanks

:D

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I'm posting from my phone so pardon any errors. I received this email:

 

SUBJECT:Notice of Acceleration: Your Entire Loan Balance is now due

[email protected]

to me

2 OctDetails

Date: 02/10/2014

Loan #

 

 

Pursuant to the Loan Agreement that you signed and the Terms & Conditions thereof, you are in default of the above referenced loan and have failed to take corrective action as detailed in the Notice of Default Sums sent to you at least 15 days ago.

 

 

We hereby exercise our contractual right of Acceleration. This means that:

- Your entire loan amount of principal, accrued interest and fees of £876.26 is now due.

- We may notify the credit reporting agency of your default on this loan.

- We may sell your debt to a third-party debt purchaser who may exercise any rights available under the law in collecting the amount owed.

- Interest will not accrue from this point forward.

 

If you are experiencing difficulty in paying the sums owed under the agreement, then this notice serves as Pounds to Pocket’s offer to you to contact our Collections Team and work out equitable relief.

 

If you have queries, email or ring us promptly. We value your business, and we ask you to contact us immediately to resolve this matter. In order to retain your good standing with our company and the Credit Reporting Agency, we must hear from you immediately. Possible payment methods include:

 

 

- Debit Card

- Direct Debit from your bank account

 

If you have already made payment arrangements for the entire balance, please disregard this email.

 

WARNING: Late repayment can cause you serious money problems. For help, go to moneyadviceservice.org.uk

 

Pounds to Pocket Collections

Direct Line: 0800 016 3111

Fax: 0808 234 9350

[email protected]

http://www.PoundstoPocket.co.uk

 

This was Sent after a payment plan was confirmed by email. Before I had sent a payment (which I sent via online banking on time)

 

A "Notice of Default Sums" quoted in the email was never received by post or by email.

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Default sums notice has no relevance. its not a default notice.

Any advice i give is my own and is based solely on personal experience. If in any doubt about a situation , please contact a certified legal representative or debt counsellor..

 

 

If my advice helps you, click the star icon at the bottom of my post and feel free to say thanks

:D

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And it proves they are an american company, as only they use a 'Notice of Acceleration'.

Any advice i give is my own and is based solely on personal experience. If in any doubt about a situation , please contact a certified legal representative or debt counsellor..

 

 

If my advice helps you, click the star icon at the bottom of my post and feel free to say thanks

:D

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In that case then I have not had a property notice of default.

 

The second I knew I was going to have difficulty I contacted them and sorted out a payment plan which they at first didn't agree to and after some advice from these forums finally got them to age to something this happens.

 

Companies like this are the absolute bottom

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Your file should have been marked arrangement to pay, not default. They know that.

Any advice i give is my own and is based solely on personal experience. If in any doubt about a situation , please contact a certified legal representative or debt counsellor..

 

 

If my advice helps you, click the star icon at the bottom of my post and feel free to say thanks

:D

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I believe that a DN is what is needed for enforcement and not what is needed to place a default on your credit file . I also believe that they should however give you notice that they may do it. Also in many ways a default is better than an arrangement to pay in that it will vanish never to return after 6 years whereas an AR will stay on for 6 years after the balance is cleared .

Any opinion I give is from personal experience .

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I'm honestly past the point of caring what it says now. Years of bad financial decisions and debt are slowly falling away.

 

Without getting completely off topic, my new mentality towards money (no frivolous spending etc) feels a lot more refreshing. If i haven't got the money, then I don't just get a payday loan to cover me, i just make do.

 

The day i am finally debt free, I'm going to drink a massive cold beer and breath a sigh of relief.

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