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    • It is known as bodily injury and property damage liability ,your motorbike liability insurance covers the cost of liability ,claims and legal fees up to your policy are you in fault in an accident.
    • Tell the friend that the Bank may be able to sell the house, after repossession is granted and could sell it for a much reduced price. Your friend could stand to lose hundreds of thousands of pounds.   Why does your friend not borrow the money or sell goods to raise the money ? Are there goods in the house, such as furniture, that could be sold to raise money ?
    • I haven't checked with the Land Registry but assume the charge is still there.   I have no knowledge of SB rulings but read:   For most types of debt in England, Wales and Northern Ireland, the limitation period is six years. This applies to most common debt types such as credit or store cards, personal loans, gas or electric arrears, council tax arrears, benefit overpayments, payday loans, rent arrears, catalogues or overdrafts. There are some exceptions though: Mortgage shortfalls have a longer limitation period of twelve years for the money you borrowed (the ‘capital’), while the interest charged on this has a limitation period of six years
    • This situation has reared its head again Friend had such luck (through my efforts) at the start of the year to get the bank to clear the service charge debts and add them to the mortgage. Friend ended up having a slightly larger mortgage but at really low interest rate. And the freeholder got their service charge money.   But friend has had head in sand all year.  And has now failed to pay the bank one payment all year!!  It is so infuriating.    With costs, friend now owes apx £1500.   So the bank re-opened the original claim of the freeholders - which they paid off - and have now got a Judgment against friend.  With a repossession hearing in a few weeks.... The value is apx £1.5m.   The mortgage is like £100k.   (About £100/m).   Now Judgment for owing £1500 on a £1.5m property.   I have been telling friend all year to make payments.  Now friend really needs to make a payment.   Still absent overseas.   Additionally - another set of service charges are due now   I won't let these people take the property - but I don't know how to help.   I told friend to pay the mortgage and ask the bank to pay the service charges again.  And in the meantime find a better solution - such as selling an asset.  But nothing has been done at all in the last 9 months.   Any good suggestions?      
    • moved you to the bh forum plenty to read here:   like https://cse.google.com/cse?cx=partner-pub-8889411648654839:3134625398&q=brighthouse sold item&oq=brighthouse sold item&gs_l=partner-generic.3...7889.15692.0.16208.21.21.0.0.0.0.113.1591.20j1.21.0.gsnos%2Cn%3D13...0.7807j5246289j21...1.34.partner-generic..21.0.0.jn7G89f5l50
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xtina04

Moorcroft demand payment instructed by direct line insurance.

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:-x So I need some advice.

 

Long story short, I was working for a small lettings agent. I was given a company car however the owner told me to take out personal car insurance, stating that he would pay the monthly direct debit.

 

This was the case and I was working their for a couple of months until unforntualy I had an accident in the car making it a write off. I then had to claim on the insurance, the car was paid out, after that the owner decided he didn't want me to work their anymore.

 

I then lost my job, the owner canceled the direct debit for the insurance which then, in turn, caused Direct Line to cancel the insurance. I then, however, started receiving letters from Direct line insurance stating that I owed the £1809.71 for the rest of the insurance premium as per the terms and conditions.

 

I ignored these letters for months, however, I am now receiving letters from Moorcroft Debt recovery LTD who have been instructed by Direct Line insurance to collect this £1809.71.

 

I need some advice asap, I am currently not in a situation where I can pay off this debt and to be honest I don't really want to.

Edited by dx100uk
Cant merge threads database error..ill do it later

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A dca is not a bailiff

And has

ZERO legal powers

 

Safe to IGNORE them


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Hi xtina04 and Welcome to CAG

 

Just a few points.......so you took the insurance out in your name..but the direct debit was paid from the small lettings account business ?

 

The Company Car I assume was registered to Small Letting Business...as I assume the Tax ?

 

The only thing in your own personal name was the actual insurance ?

 

Regards

 

Aady


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A dca is not a bailiff

And has

ZERO legal powers

 

Safe to IGNORE them

 

Agree. With Direct Line and some other Insurers they have Moorcroft letters to send out from the Insurers offices. At some point, if the debt is not paid, they pass over the details to Moorcroft and Moorcroft send a few letters. Then it will go quite.

 

Not heard of such debts being taken to court.

 

Check your credit file, as the debt may have been registered. If it is, then that might do you more harm, if you ever wanted to apply for any loans, credit cards etc. Also the cancellation on record may stop some Insurers quoting.


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

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Hi Andy,

 

Yes, so that's right the payments for the insurance came from his account, not sure whether it was his business or his personal.

The company car was registered to I know was registered to Toyota, this was the name on the logbook and it was under contract hire to the company.

 

The actual insurance was in my name yes and my address which allowed me to drive and be insured on the car.

 

C

:)

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