Old joint Lloyds TSB Loan

[unclebulgaria67]

If this has been accepted on behalf of Lloyds consumer debt recovery team, then I think I would send Lloyds a copy of the letter, together with a first payment by cheque or postal order and request their details to set up a standing order.

 

I would think that the interest has been frozen at the point the letter was received and they accepted the payment offer. But Lloyds need to send you a statement confirming the amount due up to the relevant point.

[intend]

Hi JB - looks like you are about 12 months behind me in the process, mine relates to the CC debt not the loan. With regard to payment, start now, I just pay in cash over the counter at local branch - nice friendly staff in the main, quoting the account number and always ensure I get a receipt. The transfer to the "debt recovery team" is a mysterious process which took a year and I was not notified, just a letter from BLS collections out of the blue demanding payment. Complained to LTSB and apparently the standard procedure is not to tell you a another organisation is not chasing the debt. I complained a got a little compensation:-). Like they say, I ignored all the offical letter and just get paying. BLS will ask for whole amount and offer you to pay of this debt with a CC - which is against OFT guidelines.

 

LTSB have writen to say deal with BLS - so complained to BLS ( waste of time but paper trail) and taken the opportunity to reduce the monthly payemtn citing fuel and food price increases. Will let you know outcome.

 

Do not worry - did you send a CCA request, as do not think best at filing??

 

Intend

[joeblogs]

Hi everyone, many thanks for replying.

 

Does anyone know the address of Lloyds 'consumer debt recovery team' as I will write to them and send a copy of the letter accepting the offer from MHA Collections to them. Will also send a copy to Lloyds at Brighton office, also to their so called solicitors SCM (aka Serchari, Clarke & Mitchell) who I know are 'in house'.

 

Not sure who MHA Collections are, can anyone enlighten me please - are they also 'in house'

 

By the way Intend, BLS stand for Black Lion Street which is another Lloyds 'in house' team. They called it that name after the initials of the street of their offices.

 

JB

[intend]

No point in writing to anybody but the people who are accepting your decision - MHA if I'm right. LTSB depts don't communicate with each other so stick to one.

Will take months for 'consumer debt recovery team" to get involved and in my experience best stay clear of anyone from Brighton - sole aim is to pressure you to pay more than you can afford.

 

MHA and SCM are just one desk along but with different coloured crayons

Intend

[BRIGADIER2JCS]

MHA Collections based in Windsor are a LTSB company

registered address is Lloyd head office.

[BRIGADIER2JCS]

Have a look at the Lloyds website you

may get an address there.

In my opinion the use of ''multiple

company names here breaches OFT

Guidance and should be reported it

is plainly intended to intimidate and

confuse one in to believing that the

matter has been escalated to a ''higher

authority''.

[intend]

Brig - In my very limited experience and dealing with LTSB - this is statndard procedure for them - I have had letters from MHA, SCM and most recently BLS - all as you recognise inteded to intiminate.

 

Thanks to you and others on this site, it no longer works.

 

Intend

[BRIGADIER2JCS]

Brig - In my very limited experience and dealing with LTSB - this is statndard procedure for them - I have had letters from MHA, SCM and most recently BLS - all as you recognise inteded to intiminate.

 

Thanks to you and others on this site, it no longer works.

 

Intend

 

Since the mergers/takeovers etc., their attempts to

utilise all the inhouse departments have failed dismally,

they actually seem to forget which desk they have passed

an account on to causing total confusion and duplication,

this of course results in all the c**p you are experiencing

now.

[joeblogs]

Thanks for all your input folks, its really appreciated.

 

JB

[joeblogs]

Hi Folks

 

Just a quick update, we paid the monthly payment agreed by MHA at a Lloyds Branch on a payment slip directly into the loan account. We copied the stamped payment slip, wrote a letter to Lloyds asking them to confirm they accept the payment agreement and frozen interest as per MHA which we all know is a shoot off of Lloyds. Received a letter from Lloyds saying yes we confirm the payment arrangement is acceptable and the interest is frozen, and to continue with this arrangement until we hear from their consumer debt recovery team.

[joeblogs]

Hi, I wonder if people could give me advice please.

 

In 2009 my (then husband) and I took out a joint loan with the then Lloyds TSB, in early 2013 my husband up and left me with his 3 children (2 of which are disabled) and we have had no contact since, he doesn't even want to see his children.

 

Prior to his leaving he said 'you look after the kids and I will pay the joint loan off'. This was my only debt.

 

Fast forward 5 years, I decided to take a look at my credit report which shows that I have a financial connection with my now ex husband and an outstanding balance of just over £9,000. He paid nothing in 2013 or 2014, but made a few payments in 2015 the last being September 2015.

 

During these few months he paid off £400 and has paid nothing since.

He has moved address several times and changed his phone number, although he remains in the same job (we have a joint friend who has supplied me with this info). He has paid nothing since Sept 2015.

 

I noticed Lloyds changed their name from Lloyds TSB whom the joint loan was taken out with to Lloyds. Also they placed a Default Notice on the Credit File dated May 2013.

 

Please don't advise me to contact my ex husband as he is extremely violent and unstable and he frightens me to death. I have my hands full caring for his 3 children he abandoned and he broke his promise to clear this debt providing he never had to take responsibility for his 3 kids.

 

I have a couple of questions please:-

 

1. As he made a few payments during 2015, can Lloyds issue another Default Notice?

 

2. Does the fact Lloyds TSB have changed their name to Lloyds make any difference to the debt?

 

3. As my ex husband has made a few payments in 2015, will that start the Statute of Limitations Act 6 year clock start ticking again for ME?

 

4. My ex husband may start re-paying Lloyds again and will that start the clock ticking for me again?

 

5. I also wondered as probably the debt has been sold to different DCA's if they have made sneaky payments to keep the 6 year clock ticking.

 

6. I feel trapped as I wanted to think about taking out a new mortgage (I'm currently in private rented accommodation) and re-starting my life again,

 

however, with this £9,000 debt still outstanding I am thinking that if I purchase a home for me and my children,

 

can Lloyds come after me and worse case scenario place a Charging Order on my property.

[dx100uk]

SB clock is reset at each payment

Only 1 default... upon its 6th b'day the credit file will be cleared

 

Yes you are responsible for it..

So its not been sold yet then if it Lloyd's named on your file..good

 

Do they and your other creditors know you correct address?

[joeblogs]

Thanks for your kind response dx100uk.

 

Can I just get this straight please,

that at the birthday of the default which was placed on credit file in 2013, in 2019 the credit file will be cleared?

Even though payments were made 2 years later in 2015 starting the clock ticking again.

Can you just please clarify 6 years after default or 6 years after last payment made?

 

Thankfully I have no creditors and no other debt.

 

I am worried that Noddle will share the info I have entered to look at my account.

I only moved 4 months ago, am on the electoral register, have a bank account.

Am wondering if Lloyds will start sending letters to me now.

If so, any advice on what I should do?

 

Answers to these questions are very much appreciated and I cannot thank you all enough.

[dx100uk]

There is NO LINK

Between statute barred date and default date

[joeblogs]

Thanks once again for answering my question dx100uk. So just to clarify it will become statute barred in 2019 despite the fact he made payments in 2015. Thank you so much.

[dx100uk]

There is link between defaulted date and SB date!!

[Bazooka Boo]

The ''DEFAULT'' date on your credit file WILL auto drop off your file on its sixth birthday so 2019.

 

Payments made to the account, reset the limitation clock, so the last payment he made in 2015 reset the limitation clock, so 2021 it will become SB.

[dx100uk]

if you have moved and you have debts showing live or in the closed section

or that you have not had confirmed letters back from creditors/DCA's that ANY other old debts [not showing] ARE confirmed statute barred

then you need to advise your creditors / dcas of your new address else you might have backdoor CCJ's coming out of the woodwork.

 

you have been here since 2008 and have numerous DCA/Debt threads you should already know these things.

 

I have merged an earlier thread on this debt that gives the full story.

[joeblogs]

@Bazooka Boo - Many thanks for answering my question so that I now fully understand it.

 

@dx100uk - So what if I've been on CAG since 2008, no one knows everything not even you!! I find you dragging up posts that are 6 years old very distressing as those posts relate to when I was still married to my abusive ex husband.

You have the audacity to tell me that I 'should already know these things'

 

I have come onto this Debt forum to ask for advice in 2018 on information which I have only just found out.

I find your attitude appalling as a Site Manager, if you have been reading my previous posts you will see that I am a single parent caring for 3 children, 2 of whom are disabled and in addition to that I care for my very sick mother, therefore, pardon me if I have forgotten posts that are 6 years old and hardly relevant to my current question.

 

Trouble with this site is that you get 'Site Managers' who can be abrupt or derail your posts, whilst other Site Manager and Cager's offer fantastic advise.

 

So thanks to all you helpful people who have always provided me with brilliant advice and support, however, I will never post on any of CAG's forums again, so delete me if you so wish.

[dx100uk]

and look at where you are now

strong and fighting...that's the spirit...

no need to go away..

 

we all understand and too have our poorly and special need offsprings and partners to look after..

 

don't forget to check addresses as post 43

 

dx