Letter of Notice of Intent to Register Default from Thesis

[WarrenBuffet]

Hi Silverfox i also think that the OP was indicating that SB was their current thinking and i have been through this myself very recently, i too am talking about pre98 loans and just want the OP to be aware that if Link are threatening then just ignore as they are a very dishonest bunch of parasites imo. But if the OP has been deferring then this i believe is "Acknowledgment". I would wait until dx, Andy or such like who are experts in my experience clarify though as my experience is only my own.

[physicsgraduate]

It's pre-98. I have no dealings with Link. SLC deal with the deferment and thesis are chasing me for the default amount. I have ignored them for >6 years.

[WarrenBuffet]

Then just ignore link is my advice, if they ever do manage to get you on phone? Just say "In writing only" and put down telephone.

 

Once you are 100% sure 6yrs have lapsed then send SB template letter.

 

PS: It might be worth your while sending a SAR to SLC as the SLC have obviously sold this outstanding amount to Link and do not let Link scare you with court action as they are not the original creditor. Its all just part of their devious, dishonest and frankly illegal activities to get people to pay and remember they are just a DCA and not baliffs and have very limited powers although they will lie to you otherwise!

Edited January 6, 2014 by WarrenBuffet

[physicsgraduate]

You mean Thesis?

 

Just to elucidate further, I came on here for some advice when all this was happening and had them send me out copies of the loan twice, and there was/still is a question mark over whether it is a valid since some of the writing on the copies they provided was illegible.

 

So I have to write to them after the 6 years stating that I no longer recognise this debt or something like that?

 

I have a bit of experience at dealing with debt collectors and I know how they work, they will try to scare you when in fact they are most likely bluffing/unlikely to actually do anything about it since they probably only bought the debt for a few quid anyway. They rely on the ones who cave in and pay to keep their profit margins up.

[WarrenBuffet]

Link and Thesis are the same company, just before Christmas i called link and there answered the phone stating "Hello Thesis" before correcting herself to "Sorry Link".

 

As regards 6 yrs once you are sure then send the "i do not recognise this debt" and follow the procedure ........ Job done.

[physicsgraduate]

Anything to do with Link Housing Association?

[WarrenBuffet]

As far as i know its" link financial outsourcing ltd "

[physicsgraduate]

They've been chasing me for about 8 years now for a default on just over a year of Student Loans when I failed to send in the deferment form.

 

Up until last year though I was sending in the form and getting the loan (or the rest of it) deferred, however each year was becoming more and more of a chore. I had to hassle them to send out the letter confirming deferment and last year they just didn't bother to send a form out to me at all, so I though sod them.

 

Been getting the same letter from Thesis for years, but now this one is threatening to take me to court if I don't pay up.

 

Should I just ignore it? I'm guessing it's just an attempt to scare me and they have no real powers to do anything, right?

 

They also got my address wrong, I have told SLC about this many times, but still they get my address wrong.

 

I wrote to SLC about 8 years ago and asked for copies of the agreement, and the copies they sent were partly illegible in some parts.

 

Oh yeah, the loan was taken out pre-1998 and I live in Scotland. It's about two years now since I last acknowledged this debt, so I was thinking I can't be bothered with this hassle every year with getting them to send the form out etc, I'll just sit on it and wait for another 3 years to pass.

 

As far as I am aware I have never acknowledged this debt with Thesis, or in any case I have certainly not acknowledged this debt with Thesis for over 6 years. The debt they are chasing me for is more now though as the default amount has risen in the last because I failed to defer.

 

I'd be happy to pay this pending a commensurate income, but they haven't played fair with me, and as far as I'm concerned this was summer money I should have been getting from welfare anyway as I started the Uni the year the tories scrapped this for students.

[dx100uk]

Thesis are link dca in sheep's clothing

 

Wouldn't worry too much about this

 

If you have a read up on thesis here

You'll soon get the idea

 

Dx

[physicsgraduate]

In sheep's clothing? Is that the right metaphor for a DCA that's nothing to worry about?

 

I was just going along the lines, they've not taken any action against me in 8 years so.... but this is the first time (in a while anyway) they've threatened me with court action.

 

If they're not going to send out the deferment form, then how can I defer?

[dx100uk]

Use the SLC one

Can be downloaded

[physicsgraduate]

If I do that then I'm acknowledging the debt.

 

Are you recommending that I do that? I'm just thinking that they don't seem to actually do anything, and if I wait another three years and just ignore them, probably move house soon hopefully then it'll all just go away.

[dx100uk]

Well you've done so every year to date

So makes no odds

[physicsgraduate]

I haven't though, as I explained last year they didn't send the form out,

around the same time as everything in my life went south

and I sustained an injury to one of my upper limbs.

 

This is perhaps why Thesis appear to be upping the game.

 

I haven't sent in a deferment form for over two years, because I got tired of them not sending the form out

and then I have to go to the library to print one out,

then get the job centre to stamp it,

then send it by recorded delivery, then several weeks later

I have to hassle them to send the confirmation letter out.

 

I'm also on WTC now trying to run my own business

so I'm not sure where I stand with deferring

or how I go to show that I am eligible.

[dx100uk]

ok well old style loans can become SB'd after 6yrs.

 

 

so let it run?

 

 

I doubt that letter says will anywhere

and they cant I expect default or more importantly

that it will show now on CRa files.

 

 

let it run.

 

 

dx

[physicsgraduate]

It does say 'Court action will then follow unless...' in one paragraph.

 

Default notice served under section 87(1) of the CCA 1974.

[citizenB]

It does say 'Court action will then follow unless...' in one paragraph.

 

Default notice served under section 87(1) of the CCA 1974.

 

Do they own the debt now ? If not, then they cannot send out a default notice in their own name ?

[dx100uk]

Scan the letters up

 

Sounds like usual link willy waving

 

Upload

 

Dx

[physicsgraduate]

There were two letters. Hope the upload works and it's in the right format.

Edited November 25, 2015 by dx100uk
2 large files merged and shrunk - dx

[dx100uk]

willy waving.

 

 

dx

[WindySock]

Thesis own a portion on the old style loan book now, so they can send out a s87 default notice in their name and register a default with the CRAs just the same as SLC could. I've seen defaults from them on the CRAs, so I know this is not necessarily a 'bluff'.

[physicsgraduate]

Fine with me. Why has the uploaded file(s) changed and is that relevant, should I look at it?

 

Anyway, I'll file this away with all the other letters and have a bonfire in 3-4 years time.

[physicsgraduate]

Thesis own a portion on the old style loan book now, so they can send out a s87 default notice in their name and register a default with the CRAs just the same as SLC could. I've seen defaults from them on the CRAs, so I know this is not necessarily a 'bluff'.

 

Are you saying then they might own this debt with the SLC now, because I failed to defer they sold it on?

[WindySock]

There were two letters. Hope the upload works and it's in the right format.

 

They is what you would expect. They can terminate the agreements and demand the whole balance back if you don't make up the arrears.

 

They do say "WILL" on the the court action, but whether they do or not is anyone's guess. Link Financial sometimes do go to court though, so you should not rule it out..

[WindySock]

Are you saying then they might own this debt with the SLC now, because I failed to defer they sold it on?

 

No. They were sold on years ago in one of the previous sales of large sections of the student loans book to the private sector.