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1st Credit/beever Claim Form for £15k M&S loan - Help needed.


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why is their a land registry fee? this is not a secured loan..

 

where are the pages of 'other T&C's' for the time the loan was taken out?

and mention in the recon?

 

I would also suggest that CCA recon is not correct for the time either

it mentions £15 penalty fees

 

I humbly suggest that recon is a cut 'n' paste jobbie and totally useless to them.

 

dx

 

 

the fees were £12 from mid 2006

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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Ok, so should I call them to discuss and point the above points out to them or is it better to write to them?

 

Ultimately, all I want is a reduced settlement of no more than 30% of the balance and no ccj.

 

I really appreciate all your time and effort.

 

Thanks

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could do. or cld wait for the directions questionnaire,

 

see if they have actually told the court to proceed (seems they prob have though as they say),

and what track the court proposes. maybe not small claims, so costs wld then be more of a consideration.

 

can still negotiate thereafter, and there wld be the oppo for formal mediation on the q.

 

imo, 30% seems wld be a v good result.

 

a def notice wldnt be required if the term of the loan has expired.

 

as yrs is after 07, then a recon may suffice (still arguable though).

and, if so, any recon must be accurate (kotecha appeal case).

 

see what the guys say.

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pers I'd do nowt

IMHO that is very far from being a compliant recon.

 

 

as for trying to negotiate before any court case ever materialises...

how do you know it'll even get that far.

 

 

my gut tells me either theres more to this debt han you are telling us

or

there is something very very wrong with it

 

 

thers no way M&S would ever sell a £15k debt if it was legit.

they'd do court themselves

 

 

 

 

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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you mentioned you were paying BCW for a good while previously

 

 

what happened with is debt

give a potted history please

with dates

 

 

and who you've paid and when

and how they got you paying a DCA?

 

 

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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Hi

 

Not quite sure what to tell you - I'm definitely not withholding any information.

 

 

In short (as per the transaction statement), I took a loan out with M & S for £15k in 2008.

 

 

Got into financial difficulty in 2010 and due to a number of missed/late payments

BCW made contact with me and told me that I had to deal with them

(I can't remember the exact wording of their correspondence, but I was under the impression that they owned the debt)

 

 

In 2011, I went on maternity & agreed to pay £40 per month,

which I was paying until May 2014 when I went on maternity again

and so stopped making the payments.

 

 

I then received a letter from Marks & Spencer in Jul 2014 saying the loan was now owned by 1st Credit

and there was also a letter enclosed from 1st Credit.

 

 

I thought it was a bit dodgy because the letter from Marks & Spencer was on letterheaded paper,

but the letterhead looked liked it had been lifted & photocopied (both letters are included in post with the attachment).

I assumed, it was BCW pulling a fast one.

 

May 2008 - £15k loan from Marks & Spencer.

 

Q4 2010 - BCW made contact and said I was now to deal them and make an arrangement to pay.

An arrangement was made, and I stuck to it until I went on maternity again in 2014.

 

May 2014 - I stopped making payments to BCW.

 

Jul 2014 - I received letters as per my attachment from Marks & 1st Credit.

 

Nov 2014 - after several letters from 1st Credit, I received a letter from Moon Beever threatening court action.

 

Dec 2014 - served court papers from 1st credit.

Edited by speedqueen76
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great thanks for the clarification

 

all sadly looks pretty std

 

but it just amazes me M&S sold a £15k loan.

don't like the recon

and the T&C's mind.

 

have to go look at other M&S paperwork

there is an M&S forum here

 

to see if they look the same for 2008

I don't think the £15 penalty fees Is correct

should be £12 as its post 2006 FSA changes

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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Share on other sites

i'll see if I can find an M+S loan account thread later

to compare agreement/T+C details wi h your in the M&S forum

 

 

let things run for now

 

 

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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Share on other sites

Hi

 

I had a look through a number of posts, but the majority were related to receiving application forms instead of a credit agreement.

 

Is it best for me to make a full and final offer now or should I wait?

 

 

just remember

yours is not a credit agreement

 

its a recon of how it might have looked

and IMHO has glaring errors

 

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... 

Link to post
Share on other sites

I cant find one darn.

 

 

let things run.

 

 

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... 

Link to post
Share on other sites

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