Attached. Sorry about the delay.
The first few pages seem to have gone out of sync when uploading. Sorry about that.
As yet no reply from the company to advise of how much the arrears are to release the vehicle.
edit: this is the second load agreement can’t seem to find the first I think it may still be in the car... I imagine it will be pretty identical though except it was £500
Ah no DX apologies.
its never defaulted. We had a an agreement in place whereby they didn’t default the account so every statement that came through had the interest frozen and I was just chipping away at it.
which is why this doesn’t make sense. Surely it has to default before they sell it? I’m totally ruined if this Company now applies a default .
name the issuing court: Airdrie Sheriff Court
Who Is The Claimant: Arrow Global Limited
Who Are the Solicitors: Shoosmiths LLP
What type of action? (Simple/Ordinary): Ordinary
What is the claim for –
The Pursuers are a finance company which inter alia operates the business of debt purchasing. By virtue of a debt purchase agreement between the pursuers and hbos plc dated 28/02/2017, the pursuer acquired title to and was assigned the right to payment in respect of all debts and other monetary claims of any nature due or owing by the defenders to the original owner which were in existence as at the date of the agreement, and in particular in relation to the contract hereinafter condescended upon. The said assignation was intimated to the defender by way of a written notice on or around 28/02/2017.
The said contract between the Original Owner and the defender is a regulated credit agreement in terms of Section 189 of the consumer credit act 1974. It is dated 21/01/2008 and relates to a personal loan agreement with account number XXXX. It was a term of said agreement that a failure to meet any instalment on a due date would render the account in default and would entitle the pursuer to serve notice of default on the defender requiring the defender to remedy the breach within 14 days which failing the agreement would be terminated.
date of raised claim :- ?
Last Date Of Service:- ?
Last Date For Response:- 7/11/19?
What Documents are listed in Box E2:
a copy of the credit agreement statements of account and notice of assignation will be produced in any defended process to follow hereon.
Is the claim for ......an Overdraft, credit card, loan account, HP Agreement, Catalogue or mobile phone debt? :- personal loan
BOX D5 what has the claimant stated: make payment of the sums sued for
from your knowledge: answer the following:
When did you enter into the original agreement before or after 2007? 2008
Has the claim been issued by the original creditor or was the account assigned and it is the Debt purchaser who has issued the claim.:- debt purchaser
Were you aware the account had been assigned – did you receive a Notice of Assignment?
Did you receive a Default Notice from the original creditor? believe so
Have you been receiving statutory notices headed “Notice of Default sums” – at least once a year ? unsure
When was you last payment:- 11/2016
Why did you cease payments:- 11/2016
Was there a dispute with the original creditor that remains unresolved? no
Did you communicate any financial problems to the original creditor and make any attempt to enter into a debt management plan? yes dmp til 11/2016
Don't touch them owe me £500 since January 2019 make excuse after excuse. Seem they always have software problems sending money out. Keep saying they will call back or email nothing been chasing it now for 6 mths the phone staff always have the same banter we will chase it up and get back to you then nothing!