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    • Finally all settled, thanks to everyone who gave advice.   The best single bit of advice I was given was not to apply for Letters of Administration but to deal with everything informally as there was so little in the estate and it was clearly insolvent. Most creditors have just written off the debts, it obviously wasn't worth their time to get 10p in the £, the only ones that didn't were Capital One, Vanquis and DWP.   Had I done things formally, then I'd have had to supply endless bits of paper to DWP in particular to prove every penny. As it is, I included a line in the settlement letter stating that in view of the amounts involved I wasn't prepared to enter into any further correspondence or supply any documents, i.e. take it or leave it. 
    • A number of potential issues.   A) if the van driver says you turned into the back of their van, how will you show they reversed into you? There may be dashcam footage : it could show if they reversed at all.   B) Why would you NOT exchange details? if the driver claims they asked you for details and you then drove off, how would you show that you were never asked.   Report the incident to the police. Report the incident to your insurers. That way you reduce the risk to you, making it more likely the worst that can happen is your premium rises.   Do you have a dashcam? Save any footage  if you do.
    • Nothing likely to happen within a few years of a repossession.  All they will attempt to do, is write to the debtor, so they comply with the Council for Mortgage Lenders rules on trying to stay in contact with debtor.  The rules were introduced around 2000, as some lenders were chasing up repo debts from the early 1990's, over 6 years after the debts were created. This was after having never written to the debtor.   Bankrupty very unlikely due to cost and little chance of return. Mortage lender will most likely have a way they minimise cost of the debt to them, in terms of the financial risk to them.  They may see the debt as a longer term asset, they can pass on to Debt Collection Agencies, where they have an agreement to share in any amounts collected. After say 10 years a debtor may be in a much better position financially, so the opportunity to recover the debt is much greater.   This is one reason, one of my relatives borrowed a few thousand from family, to negotiate full and final settlement of a £30k repo debt. They were advised that in order to move on with their life, that settling the debt in this way was the best option. It really depends on your position. But someone with a young family, might want to move on and not have the worry of being chased for a debt years later.
    • Hi group, this involves a (APP) fraud, i deal with a company in India, they sent me good in Feb 2019 no problem. The problem arose when in April I received an invoice , but with fake bank details. I believed i was communicating with the supplier. I queried the payment details with the supplier, these had changed from the original payment details they had sent in the past, I had paid them 4/5 times over a 6 year period. I  even sent over a copy of the international payment document filled out that i would be sending to check they were ok with how it was filled out, i was communicating with the con person who had intercepted the original payment details.   I then went to Yorkshire bank 18th April with an already filled out international payment document, obviously I was unaware that the beneficiary was a fake . Now i normally use my same branch but this time i used a different branch . Payment details were to a bank in Spain my good were from India first flag not spotted. The bank clerk checked over the document amending Swift code of the beneficiary of which i initialled. Payment was slow I even went into another branch about 26th April and payment had still not been sent ,this was strange, so I believe Yorkshire bank had a few doubts. On the 16th April i realised i had been conned, i immediately went to Yorkshire bank and made a statement of the con and gave all details. Since then i have noticed that i had written the wrong account number in my details one digit was incorrect, this major point I believe may of saved me, Yorkshire bank still sent the money over 13K. I have highlighted there mistake and was told we knew it was my bank details anyway. My question if my bank account details were incorrect surely the payment should not of gone and I should of been informed and asked to either change the digit and signature the change. Yorkshire bank after one day fraud investigation send me an e mail refusing to reimburse my monies, to be honest it looked like a template letter,I have now lodged a complaint to be told i am in a que system. I have today sent a GDPR request. I am aware of new laws being passed on payments by the steering group, Yorkshire bank on their web site quote the following: My next options today will to do a letter before court action 7 day. Comments please thank you
    • but have they got PP for their signs and ANPR poles now? worthy of a new check.   the fact that she has no proof of purchase is immaterial if it ever went to court they would have as you will demand.and they must..supply data/.a list of all car regs from anpr and all the data from the payment machine
  • Our picks

    • Future Comms issues. Read more at https://www.consumeractiongroup.co.uk/topic/416504-future-comms-issues/
      • 3 replies
    • This is a bit of a lengthy one but I’ll summerise best as possible.
       
      THIS IS HOW THE PHONECALL WENT 
       
      I was contacted by future comms by phone, they stated that they could beat any phone contract I have , (I am a limited company but just myself that needs a business phone and I am the only worker) 
      I told future comms my deal, £110 per month with a phone and a virtual landline, they confirmed that they could beat that, £90 per month with a phone , virtual landline  they also confirmed they would pay Vodafone (previous provider) the termination fee. As I am in business, naturally I was open to making a deal. So we proceeded. 
      Future comms then revealed that the contract would be with PLAN.COM and the airtime would be provided by 02, I instantly told them that this would break the deal as I have poor 02 signal in the house where I live as my partner is on 02 and constantly complaining about bad signal
      the salesman assured me he would send a signal booster box out with the phone so I would have perfect signal.
      so far so good.....
      i then explained this is the only mobile phone I use for business and pleasure, so therefore I didn’t want any disconnection time in the slightest between the switchover from Vodafone to 02
      the salesman then confirmed that the existing phone would only be disconnected once the new phone was switched on.
      so far so good....
      • 14 replies
    • A shocking story of domestic and economic abuse compounded by @BarclaysUKHelp ‏ bank complicity – coming soon @A_Gentle_Woman. Read more at https://www.consumeractiongroup.co.uk/topic/415737-a-shocking-story-of-domestic-and-economic-abuse-compounded-by-barclaysukhelp-%E2%80%8F-bank-complicity-%E2%80%93-coming-soon-a_gentle_woman/
      • 0 replies
    • The FSA has announced large fines against DB UK Bank Limited (trading as DB Mortgages) - DeutscheBank and also against Redstone for their unfair treatment of their customers.
      Please see the links below for summaries and full details from the FSA website.
      It is now completely clear that any arrears charges which exceed actual administrative costs are unfair and therefore unlawful.
      Furthemore, irresponsible lending practices are also unfair and unlawful.
      Additionally there are other unfair practices including unarranged counsellor visits - even if they have been attempted.
      You are entitled to refuse counsellor visits and not incur any charges.
      Any charges for counsellor visits must not seek to make profits. The cost of the visits must be passed on to you at cost price.
      We are hearing stories of people being charged for counsellor visits for which there is no evidence that they were even attempted.
      It is clear that some mortgage lenders are trying to cheat you out of your money.
      You should ascertain how much has been taken from you and claim it back. The chances of winning are better than 90%. It is highly likely that the lender will attempt to avoid court action and offer you back your money.
      However, you should ensure that you receive a proper rate of interest and this means that you should be seeking at least restitutionary damages - which would be much higher than the statutory 8%.
      Furthermore, you should assess whether the paying of demands for unlawful excessive charges has also out you further into arrears and if this has caused you further penalties in terms of extra interest or any other prejudice. This should be claimed as well.
      If excessive unlawful charges have resulted in your credit file being affected, then you should take this into account also when working out exactly what you want by way of remedy from the lender.
      You should consult others on these forums when considering any offer.
      You must not make any complaint through the Ombudsman. your time will be wasted, you will wait up to 2 yrs and there will be a minimal 8% award of interest and no account will be taken of any other damage you have suffered.
      You must make your complaint through the County Court for a rapid and effective remedy.

      http://www.fsa.gov.uk/pages/Library/Communication/PR/2010/120.shtml
      http://www.fsa.gov.uk/pubs/final/redstone.pdf
      http://www.fsa.gov.uk/pubs/final/db_uk.pdf
       
      http://www.fsa.gov.uk/pages/consumerinformation/firmnews/2011/db_mortgages.shtml
      Do you have a mortage arears claim to make? Then post your story on the forum here
      • 0 replies
Maudymumfuzz

Cabot trying their luck for a very old debt! Help required please

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Hi all,

I have for the past few months been in dispute with Lowell regarding an old Studio account,

 

now because they now have confirmation of where I live

- they seem to have linked a really old account from Cabot (this was an old Barclays overdraft from over 10 years ago) which i'm sure we haven't made contact or payment on for well over 6

- however i can't be 100%. Is there a way of finding out for definite?

 

The first letter went along the lines of 'now we know where you live blah blah - you owe £***'.

 

Two weeks later another letter arrived saying we will accept £55 to clear the balance lol

- why would they do this?

 

is it because they know the debt is unenforceable and are out for any amount?

 

The debt doesn't show on any credit report.

.. what's the best course of action?

Thank you in advance

 

M

Edited by dx100uk
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You shouldn't be running away from debt

You run the risk of backdoor ccj'sif you dont update debt owners with your current address

 

Send them a cca request


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Hi

Sorry I probably mislead there

– the letter read as if they now have confirmation of where I live…

we are certainly not running away from anything,

we have lived at our current address for a long time.

 

This is just an old debt, so old I can’t recall when we last made a payment and I just wanted to know where we stood legally

i.e. is it possible to find out when the last payment was made,

would a CCA request apply to a Barclays overdraft?

 

Thanks

M

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no this is about a cat debt.

 

were you at this Address when you too it out?

have you sent any letters to them or the OC from where you live now


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Sorry dx - this is the Barclays overdraft account, the original account was the cat debt (i was just explaining how the two are linked). We weren't at this address when we took it out but have communicated with them since we've lived at this address - it's just a long time ago.

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you have written from that address?


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I’d need to double check to be 100% but I’m fairly certain due to the length of time we’ve lived here.

 

Coincidentally I arrived home today to find a letter addressed to myself

- the initial one I mention here is in my partners name.

 

I also had a Barclays overdraft (was passed from the Woolwich - I never actually banked with Barclays!) and I’ve received a similar letter so it may just be coincidence.

 

Either way the debts are both originally Barclays now being chased by Cabot Financial, and both are extremely old.

 

The last time I recall paying is 2007 but I do remember communicating with them since then, it’s just been so long obviously and I didn’t expect to hear from them to be honest. I guess you should always expect the unexpected...

Edited by dx100uk
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Unless that communication was more recent than 2012 and an admission that you do indeed owe them the money it wont be relevant.

 

telling stories on behalf of other people as being in the first person then adding further stories that are about you does cause confusion so how about a proper timeline for the event, so I had an overdraft that I didnt pay off in 2007 or my partner had an overdraft......

 

then say in about 2010 I/he wrote to barclays...... on the xth of sept 2018 I/he got a letetr from caot stating....

 

if you have also had a letter about a different debt then keep that separate and create a timeline for that in a new paragraph

 

.By all means number them so we know that debt 1 is partners from catalogue , debt 2 is yours from barclays and so on.

 

They will all be slightly different even if Lowells are chasing them all

Edited by dx100uk
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Hi Ericsbrother

I'm so sorry - i really didn't mean to confuzzle anyone, it all seems to make total sense as i'm typing. I genuinely don't mean to annoy anyone - i so appreciate your time and advice even more.

 

So here goes - firstly:

#1 - this debt is in my partners name and the letter is from Cabot (I initially thought that they were linked to Lowell - and now i can't work out how to edit the thread title) this relates to a Barclays bank debt which was originally an overdraft on an account he no longer used after bank charge reclaim in 2007, he was trying to repay this initially but we relocated up country and hit hard times so unfortunately had to stop making payments.

 

#2 - this debt is in my own name and the letter is also from Cabot, also relating to a Barclays bank overdraft debt for an account which was no longer used after a bank charge reclaim in 2007. Repayments similarly had to stop when we hit hard times.

This evening I have actually found the original notice of assignment from Barclays which shows that they sold the debt to Cabot on 08/04/2011, I have the letter from Cabot to say they purchased it, and the debt amount is the same on the 2011 letter as it is on the 2018 letter which proves that no payments were made in that time as i suspected.

 

I can't however locate the same paperwork for my partners account but i'm pretty certain its the same scenario and that no payments were made either.

 

I'm also rather puzzled as to why they wrote to say they now have confirmation of our address - i found letters this evening dating back to 2013 so they have had our address all along!!

 

So where do i go from here? Are the debts too old for them to pursue?

 

Thank you again and sorry for the messy posts :-(

 

M

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was this a joint account?


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so #1,when did he stop paying?

#2 statute barred so they can go whistle

what do the letters from 2013 say and which account do they relate to? If they acknowledge recipt of payments then that account is not SB Telling us about this under the heading of #1 or#2 would have made it clear rather than leaving us guessing what you are referring to again

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Hi again,

 

In response to dx - no these are two completely separate accounts...

 

In response to Ericsbrother -

#1 - I can't be 100% certain but I am fairly sure he hasn't made payment for well over 8 years, I will have another dig for paperwork this evening but i am pretty sure because we wouldn't have been able to pay one without the other. The money we had from bank charge reclaim went on relocating so we didn't even benefit as such from that really.

 

#2 - The letters from 2013 are addressed to myself (sorry i didn't add the detail before :-( i'm not doing very well am I) - and oddly says ' Cabot has recently bought the account, etc, please contact us asap to arrange payment', I received 2 of those and heard nothing more until now.

 

Do i need to send a letter regarding it being Statute barred? I don't want them adding this to my credit record all of a sudden :-(

 

Please let me know if you need any more info and i'll try to be clearer.

 

M x

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they cant add it

the OC defaulted the debts years ago and they have been removed

 

send them our SB letter from the debt collection section of our library then.


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WE CAN'T GIVE ADVICE BY PM - IF YOU SEND ME A LINK TO YOUR THREAD - I WILL BE HAPPY TO OFFER HELP THERE

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thank you dx I’ll get those sorted on Monday. I’m pretty sure no payments were made on my partners account either so am I correct in thinking I need to send the letter for both accounts?

 

Thank you 🙏🏻

M

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Cant hurt


PLEASE DONT HIT QUOTE IF THE LAST POST IS THE ONE YOU ARE REPLYING TOO.

MAKES A THREAD TWICE AS LONG TO SCROLL THROUGH!

please do not post jpg images directly to a topic..USE PDF ....READ UPLOAD.

 

WE CAN'T GIVE ADVICE BY PM - IF YOU SEND ME A LINK TO YOUR THREAD - I WILL BE HAPPY TO OFFER HELP THERE

Single Premium PPI Q&A Read Here

Reclaim mis-sold PPI Read Here

Reclaim Bank Account, Loan & Credit Card Charges Read Here

The CAG Interest Tutorial Read Here

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