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Car repo'd, debt passed around.

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Sorry to have to use a 'reply' thread but I couldn't see how to start a 'new' topic.



I have used the forums previously and have had great success.



My wife bought a new car on HP in 2007.



Unfortunately, we went through difficult times in 2008 and she defaulted with 'Black Horse'.



The car was repossessed. sold and my wife was issued with an invoice for £12k.



This was the 'defecit' that Black Horse say they lost.



My wife has paid every month towards this debt.

The debt has been sold on and sold on again.



On 30th December 2014, I checked our credit ratings and my wife's had dropped like a stone.

I was staggered to see a new company 'Idem Securities' who now say that she defaulted 'their' agreement

and they have placed a new default against her name.


The debt was defaulted in March 2009 and should one off (by my reckoning) in March 2015.



Idem will not respond to any mails or written communication.



The debt is 'defaulted' under the original HP agreement as well as by this new company.

What can we do please?




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Hi there,


I am writing to ask for help in relation to a car loan and HP agreement which my wife took out in 2007 with Black Horse. We were unable to keep the payments up in 2008 and the car was repossessed. The car was sold at auction and my wife was invoiced £12000 by Black Horse. The company invoiced my wife for £12000.


The HP agreement was 'defaulted' in March 2009. After which the debt was sold on to various debt agencies. Mackenzie Hall 'ran the debt and my wife repaid monthly.


I was staggered to see that my wife's credit rating dropped like a stone on 30th December 2014 by 'Idem Capital Securities' who have defaulted her again for £12000.


What are the laws and regulations regarding HP agreements please?


I would be grateful for your help.


Stan Dinorder.

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get an sar off to Blackhorse



send idem a CCA request too.

are you SURE the defaulted date in the summary has been changed?


is it just an updated date?



sounds like BH did her over on the repo by the way



lots of unlawful fees I bet!!



have you been getting annual statements?



a debt passed around usually means its a lemon.

and she is now being cash cowed







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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give us full details of the repo please


how much had you paid etc


any insurances added on purchase?







Any help I am able to give is from my own experience only. Should you have any doubt you should contact a qualified professional.

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