Full and Final settlement after 6 years

[littleme33]

Hi all,

Does anyone have any advice of f&f offers when your defaults have now dropped of your credit file?

 

I have negotiated and paid off 7k over the last 7/8 years, (thanks to this site)

 

I have the remaining debts to pay

 

Apex £3,400

Mint £5,400

Moorcroft £5,500

None of these are on my credit file now can anyone give me any advice of offers for f&f's ?

Many Thanks

[citizenB]

Were there any default charges or Payment Protection Insurance on these debts ? If so, you could submit claims to have those refunded and help to reduce the debts.

 

If not, the general rule of thumb is to start low.. around 10% and let them come back with a counter offer.

[littleme33]

Thank you no ppi on them or charges, i have a template letter should i still keep the part in that they should mark my credit file as 'satisfied' as i don't have one with them?

 

Thanks

[dx100uk]

Not being funny

But if they are not showing anymore

Why are you paying them off?

 

Dx

[citizenB]

Thank you no ppi on them or charges, i have a template letter should i still keep the part in that they should mark my credit file as 'satisfied' as i don't have one with them?

 

Thanks

 

I dont think it will be necessary for you to ask them to cease reporting or mark as satisfied if they are no longer being reported on your credit files ?

 

So yes, leave that paragraph out

[littleme33]

Not being funny

But if they are not showing anymore

Why are you paying them off?

 

Hi, i thought that they could take you to court if you stop paying and i could get a ccj?

[dx100uk]

'could' 'might'

 

 

you have ofcourse sent whom you are thinking of paying a CCA request

what are the debt

you egg & M+S cards now owned by DCA's?

 

 

dx

[littleme33]

It's Apex egg, moorcroft = halifax and Mint

Yes i did back in 2008, if i am in an arrangement to pay with them, isn't it supposed to be on my credit file?

My barclaycard - cabot is which has now been settled/satisfied, is it because they didn't record a default?

M&S is the one i did not pay and is not on my file

[dx100uk]

so to your knowledge who owns the debts now

 

 

pers i'd still CCA them

is there a bank account with Halifax that's with a DCA?

as well as a mint card?

[littleme33]

Halifax was a credit card taken over by Moorcroft

Egg was a cc and taken over by Apex

And Mint cc s still being dealt with by Mint?

[dx100uk]

if no-one is writing about the mint card then leave it alone

 

 

are the others chasing you?

 

 

dx

[littleme33]

if no-one is writing about the mint card then leave it alone

 

 

are the others chasing you?

 

 

I pay them all every month minimal amounts not chasing

 

 

i update them with my finances when they request it,

 

 

its just because i wanted to f&f's i checked my credit file

and saw that none of them were on there

and wanted to ny facts straight before I offer

[dx100uk]

well lets put it this way

if whom you pay cant find an enforceable agreement

then that put you in a much stronger position to get a very low F&F

regardless to your history of paying them.

 

IF you ever want too.

 

without a signed agreement, if the take out dates are prior to Apr 2007

then they are very unlikely to do court

and if they do they'll need the signed agreement...

 

have a think on that one with regard to paying and any F&F's

 

the debts are not on your file

they cant comeback either.

[renegadeimp]

Basically if they dont come back with a compliant agreement, tell them to jog on.

[aburobert]

Surely if the current owners take the OP to court and they gain judgment

then the CCJ will appear on the credit file?

Thus re-activating the debt so to speak.

 

When I was taken to the cleaners a few years back and a CCJ was obtained against me

due to our wonderful Judge lottery the DCA swore black was white and vice-versa

and the lovely District Judge simply drooled over the DCA's legal rep.

 

 

I think it may be worthwhile doing a full and final just to finally kick a debt into the long grass

so it does not re-appear to bit one on the bum again.

 

Of course - I may be completely wrong on this in which case I apologise!

[dx100uk]

they've gotta win first....

 

 

the CCJ if not paid is 28days then that would show in the public records

but the debt itself does not re-appear

 

 

nothing can protect against judge lottery as already eluded too

[martin2006]

Surely if the current owners take the OP to court and they gain judgment

then the CCJ will appear on the credit file?

Thus re-activating the debt so to speak.

 

As pointed out they would have to go to court AND win first before that happened.

 

if the agreements are pre april 2007, they need a signed copy of the original agreement to enforce, no agreement no court no ccj

 

hence the need to get CCA's sent to all the OC's

[littleme33]

As pointed out they would have to go to court AND win first before that happened.

 

if the agreements are pre april 2007, they need a signed copy of the original agreement to enforce, no agreement no court no ccj

 

hence the need to get CCA's sent to all the OC's

 

Thank you for all your replies, am i right in thinking that Egg are no more? So would i be sending cca to Apex?

[martin2006]

yes you can send it to Apex with the £1 fee

 

If they havent supplied it in the alotted 12+2 days you can then stop paying if you so wish

Edited March 25, 2016 by martin2006

[dx100uk]

cca goes to whomever you are either paying or whom is the owner of the debt.

not the OC in every case if the debt has been sold on.

 

 

if/if not the OC holds a CCA is immaterial if the debt is been sold on

[littleme33]

Thank you,

One last thing could any of these creditors with whom i am in payment arrangements with,

turn nasty and whack the interest back on?

 

Abit worried of 'rocking the boat' with the cca requests!

 

Also if i decide to f&f should i mention the fact that they are no longer on my credit file?

 

Thanks again

[dx100uk]

they are not allowed to take 'retaliatory' action

 

on or not your credit file makes no odds

if they don't hold an enforceable CCA helps you drive a low bargain

[renegadeimp]

And by low bargain he means you offer zero

[littleme33]

Hi

received a reply from Cabot who i did not know was dealing with my debt....it was apex

 

They have my account as a current account and its a credit card account..

..obvious long credit card number on the letter!?

 

They say:

' there is no need for us to provide a copy of your cca

under the cca for current accounts and overdrafts facilities as part v of the cca does not apply to these types of accounts

 

The exclusion of current accounts falling into part v of cca is set out in section 74 (1) (b)

 

I have therefore returned your £1.00 fee

 

???

[dx100uk]

haha don't even know the type of debt they have been fleecing you on.

 

 

pers i'd not F&F this one!