Jump to content

 

BankFodder BankFodder


Fionaj6131

Lowell pre-legal assessment letter Cap1 debt

style="text-align:center;"> Please note that this topic has not had any new posts for the last 1225 days.

If you are trying to post a different story then you should start your own new thread. Posting on this thread is likely to mean that you won't get the help and advice that you need.

If you are trying to post information which is relevant to the story in this thread then please flag it up to the site team and they will allow you to post.

Thank you

Recommended Posts

Have a £768.23 debt originally from Cap One credit card.

 

 

Stopped paying when I lost my job.

 

 

This has been sold to Lowells who have been sending me the usual threatening letters, indispersed with discount offers for a few months now.

 

They have now sent a 'Pre-legal Assessment' letter which informs me that they know I am working, a home owner, and service other debts.

 

 

They also state that they are willing to accept whatever amount I suggest for a 'repayment plan' but would go down the Court route if they do not hear from me.

 

Advice on how best to proceed would be great as am about to be made redundant in March.

 

Thank you.

Share this post


Link to post
Share on other sites
Have a £768.23 debt originally from Cap One credit card. Stopped paying when I lost my job. This has been sold to Lowells who have been sending me the usual threatening letters, indispersed with discount offers for a few months now.

 

They have now sent a 'Pre-legal Assessment' letter which informs me that they know I am working, a home owner, and service other debts. They also state that they are willing to accept whatever amount I suggest for a 'repayment plan' but would go down the Court route if they do not hear from me.

 

Advice on how best to proceed would be great as am about to be made redundant in March.

 

Thank you.

 

When did you take out this Cap1 account originally ?

 

When did you stop paying it ?

 

Do you have other debts ?

 

What is the total of the debts you have ?

 

Do you have a debt management arrangement to pay other debts ?

 

Lowell don't normally issue court claims themselves. It gets farmed out to legal debt collection firms who write out to people before issuing claims.

 

Can you answer the above and we might be able to offer some advice.

  • Confused 1

We could do with some help from you.

PLEASE HELP US TO KEEP THIS SITE RUNNING EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

 Have we helped you ...?         Please Donate button to the Consumer Action Group

 

If you want advice on your thread please PM me a link to your thread

Share this post


Link to post
Share on other sites

Your life and family come first - well before the needs of Lowell. Do not enter any discussion at this stage and certainly do NOT phone them. This is a standard threatogram.

 

Can you give us more history? When was the card taken out and when did you stop paying? Have you paid anything during that time or have you acknowledged in writing whilst in default that you accept responsibility for the debt?

 

Personally I would wait for now and see what happens next. Most probably there will be a series of further letters, maybe offering a discount, but I would still hold off until you get a Letter Before Claim. That is the time to CCA Lowell to see whether they are even able to enforce the debt.

  • Confused 1

Any advice given is done so on the assumption that recipients will also take professional advice where appropriate.

 

PLEASE HELP US TO KEEP THIS SITE RUNNING

EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

DONATE HERE

 

If I have been helpful in any way - please feel free to click on the STAR to the left!

 

Share this post


Link to post
Share on other sites

oh god not the pre school assessment letter from lowells

 

 

was it the one in red crayon


please don't hit Quote...just type we know what we said earlier..

 

if everyone stopped blindly paying DCA's tomorrow

the biggest financial industry in the UK, the whole DCA industry would collapse overnight.

 

 

Share this post


Link to post
Share on other sites

probably the one in red crayon and a half star for trying


:mad2::-x:jaw::sad:

Share this post


Link to post
Share on other sites
oh god not the pre school assessment letter from lowells

 

 

was it the one in red crayon

 

Considering Ive just woken up and this is the first thing I read.... Jesus this made me laugh... :p

OP... This will get farmed out to one of Lowells potential solicitors, however Lowell also have their own legal team now so could be interesting. I personally would send a CCA request now to see if they have the legal documents before it hits court... But Others may advise differently.


 

We could do with some help from you.

 

Have we helped you ...?         Please Donate button to the Consumer Action Group

 

**Fko-Filee**

Receptaculum Ignis

 

Share this post


Link to post
Share on other sites

Since this is a threat why not SAR the OC now whilst you still have time. Get a copy of the agreement reclaim the fees.


If I have been of any help, please click on my star and leave a note to let me know, thank you.

Share this post


Link to post
Share on other sites

Fiona

 

Come back for more advice about this. Remember that if you have debts which you are not paying which exceed £5k, then certain companies will look at bankruptcy down the line as a possibility, if they note you own property. They should go down the CCJ route first and you would get opportunity to defend or pay. This does not appear to be on the horizon yet.

 

I only mention this, as i saw your thread about another catalogue debt exceeding £5k.

 

Armed with more information, we would be better placed to offer advice. Don't bury your head, until you get a court claim through the post.


We could do with some help from you.

PLEASE HELP US TO KEEP THIS SITE RUNNING EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

 Have we helped you ...?         Please Donate button to the Consumer Action Group

 

If you want advice on your thread please PM me a link to your thread

Share this post


Link to post
Share on other sites
Fiona

 

Come back for more advice about this. Remember that if you have debts which you are not paying which exceed £5k, then certain companies will look at bankruptcy down the line as a possibility, if they note you own property. They should go down the CCJ route first and you would get opportunity to defend or pay. This does not appear to be on the horizon yet.

 

I only mention this, as i saw your thread about another catalogue debt exceeding £5k.

 

Armed with more information, we would be better placed to offer advice. Don't bury your head, until you get a court claim through the post.

 

One other thing Fiona... Lowell have been slapped on the wrists forum issuing Statutory Demands like raindrops...

 

They will issue if they feel they can chance it...


 

We could do with some help from you.

 

Have we helped you ...?         Please Donate button to the Consumer Action Group

 

**Fko-Filee**

Receptaculum Ignis

 

Share this post


Link to post
Share on other sites

The other debt is with another DCA, but both have threatened bankruptcy to debtors. Lowell have previously bought other debts, so they have enough to go for bankruptcy.

 

But from what i have seen, most companies now seem to follow the FCA rules and will go down the CCJ route first.


We could do with some help from you.

PLEASE HELP US TO KEEP THIS SITE RUNNING EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

 Have we helped you ...?         Please Donate button to the Consumer Action Group

 

If you want advice on your thread please PM me a link to your thread

Share this post


Link to post
Share on other sites

NO leave be as we can fight them , publicize and they may start getting it right! we are not here to correct a very large organisation methods and systems.


:mad2::-x:jaw::sad:

Share this post


Link to post
Share on other sites

  • Recently Browsing   0 Caggers

    No registered users viewing this page.


  • Have we helped you ...?


×
×
  • Create New...