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    • I think that rather than right, you should first of all telephone. However read our customer services guide. Implement the advice there. Then telephone and have a conversation which leads round to the loan and whatever agreement there might have been to repay. Get it recorded. Then write to him and asked him to confirm the telephone conversation. If he confirms it then you are on your way. If he doesn't confirm it or denies it then it becomes even more interesting and I think that you will properly have you more leverage. You say that you believe that you lent the money to the company and that the company has now sold. As long as the company has been sold and not dissolved then the loan to the company is still current and the company debt to you is still current. I think the first senior to do is to get the evidence – and I think you should follow the advice that I have given. The fact that the person has stopped contacting you is extremely troubling. The fact that the company ownership was transferred is even more troubling and so I think that you are dealing with somebody who is trying to be slippery about this – and so your way forward is clearly that you also have to act it in a slippery way. Come back here when you got the evidence and we will help you to the next step
    • Met usually use ANPR and get the timings massively wrong so they will be timed out. they must have used CCTV to watch the vehicle occupants "leave" and this is probably a breach of the GDPR as it wont be one of the specified reasons on their licence to spy on people so will breach protocols 1, 2 , 3 and possibly others in the list of the 8 main protocols of data protection.   It also breached the POFA as the timings are wrong so no keeper liability anyway.   The wording they use refers to the liklihood of the issuing of a NTD and thet never happened so the 56 day limit isnt applicable. My advice? ignore them as they rarely do court because they know they are incompetent
    • sorry, I meant to say UNLESS  so yes my answer reads the wrong way round
    • the terms in the contract will in many cases be unfair and thus you will be entitled to the bonus and there is case law on this. However, it is not a simple matter to resolve as it will have to take into account what the contract says and what the normal practice and expectations are for the bonus scheme. For example, Jhn Lewis pays out to anyone employed there on the relevant date so leave the day before and you lose out becasue it is a partnership and you would no longer be a partner. No schemes that withold bonuses until a certain time of the year MAY have to pay out but if your bonus is for the quarter that your resignation fell in then probably not. If it was for say Oct-Dec then you will ahve fulfilled the requirements of a qualifying period regardless of the contract saying no bonus and would more than likely be successful in a claim to recover such monies. A scheme that has been running for soem time would be part of yoru contract even if there is nothing specific included in your paperwork as it becomes implied as part of the conditions you agreed to when joining to co and staying there.   i know this doesnt give you a definite answer but hopefully makes it a little easier to see how your situation may work out
    • You have a big problem and that is proving the debt. for a debt to be created there must be an agreement that the money will be repaid, how and in what time frame. As far as the law goes you either gifted the money or loaned it in a way where you cant take civil action to recover it because there are no explicit terms. Now the BUSINESS doe owe you £2k and the debt will have passed on to the new owners but you still cant take steps to recover the money other than to ask the new business owners for it. They may deny the debt and you will be impossibly placed to prove it because there is nothing in writing. Proof of money transfer doesnt prove the debt exists nor how it should be repaid even if it did. you will lose a court claim due to the lack of paperwork showing how and when the repayment should take place. Sorry for your predicament but you are where you are
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kkatiew

Irresponsible Lending PDE/Money Shop

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Hi all,

 

I sent my complaint letter regarding irresponsible lending to The Money Shop a couple of weeks ago relating to a number of loans from Pay Day Express.

 

I have today received the attached - Can anyone explain what it actually means ?

 

 

 

 

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please don't post images directly to a post

use PDF.

put them all in one multipage PDF please

read upload

 

dx

 


please don't hit Quote...just type we know what we said earlier..

 

if everyone stopped blindly paying DCA's tomorrow

the biggest financial industry in the UK, the whole DCA industry would collapse overnight.

 

 

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Hi,

 

Sorry, I was working off my mobile  but managed to do it (now attached).

 

Just wondered what next ?  Is this a standard response from them ?

 

Thanks

 

Katie

ICL - Practice Statement Letter.pdf

Edited by kkatiew

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its means you gotta await the court hearing listed

then you might get a vote to enrol on a scheme whereby you might get 'something' back.

bottom line is they've gone bust

the liquidators see little assets to shareout.

and want to spread them as thinly as possible.

 

same as what happened with the CPP PPI debacle.

£100's in you get pennies out.


please don't hit Quote...just type we know what we said earlier..

 

if everyone stopped blindly paying DCA's tomorrow

the biggest financial industry in the UK, the whole DCA industry would collapse overnight.

 

 

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Yep, I thought as much 😮

I actually have £137 left to pay to BW Legal, which I'm paying at £60 per month.  I've already paid £690 up to now. Do I carry on with my payments ?

 

Thanks

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why are you blindly paying a DCA's Wolf?

did they take you to court?

 


please don't hit Quote...just type we know what we said earlier..

 

if everyone stopped blindly paying DCA's tomorrow

the biggest financial industry in the UK, the whole DCA industry would collapse overnight.

 

 

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No, I couldn't meet payments at one time and it was eventually sent to Prac Financial then BW Legal.

 

I set up a payment plan with them.

 

It's the same with Swift Sterling/Northway Financial - I owe them £827.

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no the debts were sold not passed.

means the OC's knew they were toxic.

 

again how did you get conned into paying these two?

not over the phone I hope and when?
 

 

 


please don't hit Quote...just type we know what we said earlier..

 

if everyone stopped blindly paying DCA's tomorrow

the biggest financial industry in the UK, the whole DCA industry would collapse overnight.

 

 

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Well both, letter started then phone calls.  I think I emailed in the end and agreed a payment amount in October 2017.

Edited by kkatiew

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threads merged

 

why did you do that without consulting us here

both debts? are subject to IRL complaints and in serious dispute

you shouldn't be paying anyone anything.

 

dx

 

 


please don't hit Quote...just type we know what we said earlier..

 

if everyone stopped blindly paying DCA's tomorrow

the biggest financial industry in the UK, the whole DCA industry would collapse overnight.

 

 

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I'll be honest, I didn't even think about it. I was just focused on getting things paid off.

 

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So my next installments are due end of next week to MDRL and BW Legal. I'll stop paying?

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certainly BW legal yes.

if they complain the send we'll do a letter for them.

 

MDRL?


please don't hit Quote...just type we know what we said earlier..

 

if everyone stopped blindly paying DCA's tomorrow

the biggest financial industry in the UK, the whole DCA industry would collapse overnight.

 

 

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Moorcroft Debt Recovery 

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who are their stated clients

Moorcroft don't buy debts only chase.

 

dx

 


please don't hit Quote...just type we know what we said earlier..

 

if everyone stopped blindly paying DCA's tomorrow

the biggest financial industry in the UK, the whole DCA industry would collapse overnight.

 

 

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I'll check in the morning and confirm.

 

Thanks

 

Katie 

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Yep, sorry both with BW Legal. It's my Lloyd's overdraft debt that I pay to Moorcroft.

 

Thanks

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Like stop paying BW Legal... ...Seriously...

 

Or all in honesty just put the payment plan down to £1 at least - stop making yourself poor to pay that bunch of mu (Remember what they said you FKO)... People :)


 

We could do with some help from you.

 

Have we helped you ...?         Please Donate button to the Consumer Action Group

 

**Fko-Filee**

Receptaculum Ignis

 

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Wow....

 

1 These companies have also traded as Cash Til Payday, Pay Advance, Payday Control, Fast Forward Loans, Payday Tomorrow, Payday Solutions, Wage Advance, Which Payday Loan, Payday Express, Loan Solutions UK, Payday Finance, www.paydayloansblog.co.uk, Wages Today, Express, Payday 22, Payday 29, Payday 36, Your Pay Today, Flexible Payday, Payday Manager, Money Bridge, Loan Lounge, Payday UK, Month End Money, MEM Advisors, PDUK, Payday Now, KW and Co, Three Month Loan, Keyes Whitlock & Company, My Payday Loan, The Payday Store, Ladder Finance, Ladder Credit, Ladder Loans, Kyzoo, Kyzoo Clear, Kyzoo Ultra, Kyzoo Classic, Kyzoo Flexi, Kyzoo Platinum, Kyzoo Vintage, Ladder, Ladrloan, Kyzoo Control, Kyzoo Black and Ladder Loans Lite.


 

We could do with some help from you.

 

Have we helped you ...?         Please Donate button to the Consumer Action Group

 

**Fko-Filee**

Receptaculum Ignis

 

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Thanks Fk 👍Well I've only got 3 more payments left for BW on 1 debt and its showing a default on my credit file even though ive paid every month so I'll continue with that one and bring the other one down to a minimum 👌🏻

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who are moorcrofts client LLoyds??

 

 


please don't hit Quote...just type we know what we said earlier..

 

if everyone stopped blindly paying DCA's tomorrow

the biggest financial industry in the UK, the whole DCA industry would collapse overnight.

 

 

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Yes I'm.paying my Lloyd's overdraft to Moorcroft as it was passed to them after I was late with a payment about 8 months ago.

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how many more debts that you are skinting yourself are you paying.??

pay lloyds directly via bacs transfer a smaller amount 

never pay a dca whereby their client is the OC not another dca.


please don't hit Quote...just type we know what we said earlier..

 

if everyone stopped blindly paying DCA's tomorrow

the biggest financial industry in the UK, the whole DCA industry would collapse overnight.

 

 

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That's the lot. Can I actually just pay by BACs then ? I would rather do that tbh.

 

Thanks 👍

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