Lowells chasing almost statute barred cap1 card debt

[Craigbadger]

With Fredrickson now, same old cack, guess I just start again with a sold in dispute letter and see what happens.

 

http://i1017.photobucket.com/albums/af299/badgercraig/fredrickson23710.jpg

[Bazooka Boo]

Thank you for your 'serious' letter dictating that I must contact you immediately.

 

I would contact you on the number you are so keen I should ring, but I fail to see quite how I will be able to make the threat monkey you employ on the other end of the line, see that this account is 'seriously' in dispute, as I believe that is not a part of their scripted responses?

 

Please feel free to continue sending me your empty threats, as it makes for good bedding for my hamsters.

 

Fools..

[Craigbadger]

You know what, I might get myself a hamster.

[Craigbadger]

Just wondering.

 

I went "online only" about 18 months ago, at this point they stop sending statements of every type inc the above notice and its all done online.

As we all know, go over your limit or get in arrears and they block your online banking.

I know for a fact that ive been blocked from online banking and have not received an arrears notice in over 12 months(account terminated last 2). No statements either.

 

Surely they are breaking some rule here. 8)

[Craigbadger]

Received SAR today (used the CAG tamperproof sig and no delays).

 

No mention of the default anywhere but they can confirm they sent it, in the letter.

 

Copy of the apparent reverse of agreement, no section 23 and the same as many others ive seen on here.

 

And a note from Fredrickson of a 1471 call where I hung up

 

£800 of charges..

 

Wont be losing any sleep over the contents.

[Bazooka Boo]

Did you get that Hamster?

[Craigbadger]

Haha no not yet.

Dont they stink?:grin:

[Craigbadger]

Can anyone confirm exactly what charged off means in uk?, googled and all I seem to find is american stuff.

[Bazooka Boo]

The flippant side of me says it's when the stable door was opened the horse 'charged off'.

 

However that won't help anyone so I got this;

A charge-off or chargeoff is the declaration by a creditor (usually a credit card account) that an amount of debt is unlikely to be collected. This occurs when a consumer becomes severely delinquent on a debt. Traditionally, creditors will make this declaration at the point of six months without payment.

The purpose of making such a declaration is to give the bank a tax exemption on the debt. Bad debts and even fraud are simply part of the cost of doing business. The charge-off, though, does not free the debtor of having to pay the debt.

A charge-off is one of the most adverse factors that can be listed on a credit report[1]. It will then be listed as such on the debtor's credit bureau reports (Equifax, for instance, lists "R9" in the "status" column to denote a charge-off.) The item will include relevant dates, and the amount of the bad debt.[2]

Charge-off - Wikipedia, the free encyclopedia

[Craigbadger]

Just thought id update.

Had Capquest then Fredricksons hassling me for a while.

Last week had a letter from Capital 1.

Along the lines

 

"Hi, your account is now back with us

Pretty please pay"

 

Signed Mr Capone

[Bazooka Boo]

Did you send them a Crimbo card welcoming them back?

[Craigbadger]

I'll send in the rest of this tin of Roses thats sat on my desk as well so I dont scoff em all.

[Bazooka Boo]

Make sure all the empty wrappers are in their as well! Nothing more annoying than people leaving their empty wrappers in the Quality street tin....or is it just me?

[Craigbadger]

Well thats 12 months since CCA request.

Probably the best thing I ever did in my life and this £10k changed life massively for the better. Still a few thousand owing to enforceable debts but ive finally been able to afford to move out and been able to get my business back in control rather than paying everything on debts. I was paying Capital 1 more a month than my rent, outrageous really.

I did actually post up contemplating bankruptcy about a year ago so its amazing what a difference a year makes.

 

Chins up people, things get better.

[Bazooka Boo]

That is good to hear Craig, see what happens when your told what is a priority, against what these fools would like you to believe!

[Craigbadger]

About 4 years ago I went through the CCA request thing with Capital 1

for a card opened in about 2004(give or take a few years).

 

We hit stalemate as they provided me with 2 completely unconnected sheets of paper,

1 was a t&c and the other a copy of my signature.

 

Since then I've just had an annual "hello, please pay us" letter until

 

today where I've received a letter from Cap 1 saying they have sold my debt to Lowells

and a welcome pack from Lowells.

 

Any thoughts on where I should go from here?,

this is a large debt, thinking another cca or maybe a sar?

 

Not sure if anythings changed in the last few years,

at the time the agreement was referred to as a Capital one unenforceable

special as nothing linked the signature page to the terms

and even if they were on the same page there was nothing to say

what I was signing for or the terms could even of been printed on at a later time.

 

Should I be concerned?,

 

are they court happy?

[SWLABR9]

How large is it? I'd be inclined myself, though others may disagree, to formally ask Lowells what the legal status of the alleged debt is. Am I right in thinking too that six years is nearly up since any payment was made?

[Craigbadger]

About 10k.

I'd say 4 1/2 years since last payment. Default date was May 2010.

[letsgetitsorted]

pls join the club, there has been a few people on here who this week have received letters from Cap 1 and Lowell, myself included, i will be writing to lowell asking them for the credit agreement.

[Craigbadger]

Just happened to read a sticky on Lowells issuing statutory demands.

 

My old debt has been owned by them for roughly 6-9 months. In that time I've had pretty much weekly letters ranging in tone with the latest being being a friendly 40% discount offer.

 

It was left in dispute with Capital one back in 2010 so my question is should I CCA Lowells?. I am not a homeowner and have very few assets so making me bankrupt would seem like a waste of time but I just want to make sure I was doing the best thing ignoring them or whether I would be better off doing a CCA then putting it in dispute with Lowells.

 

I have no issues with phonecalls as they don't have my number and letters don't bother me.

[havinastella]

If it was me, I would continue to ignore.

 

Just remember, Lowells can be litigious so could easily issue court papers.

 

Never ignore these.

 

When was the card taken out?

[Craigbadger]

Thanks. Ive seen the apparent agreement anyway and its Just a signature page with no terms just a generic page with no link. I never ignore brown envelopes just incase.

 

When was the card taken out?

 

2003 I think, can't be sure off the top of my head. Its a large amount though.

[havinastella]

As it's before 2007 I would safely advise you to carry ignoring it (Not court papers)

[oleg]

Pre 07 , no property , few assets, old Capital 1 . . . all Lowell can do in that case is shout scream and - as now - beg . . . if you ignore they eventually give up. No point writing letters unless you're desperately, desperately lonely.

[Craigbadger]

Pre 07 , no property , few assets, old Capital 1 . . . all Lowell can do in that case is shout scream and - as now - beg . . . if you ignore they eventually give up. No point writing letters unless you're desperately, desperately lonely.

 

I dunno i'm single and women in tight business suits certainly do it for me