I spoke to PayPal and asked them straight up if any dealings would affect my credit rating as I'm also in a negative figure, they said no and I asked why I should pay it back if they can't be helpful. I have left them to it and discontinued any communication.
Many thanks for the advice.
I've tried contacting them a couple of times and even sent an email to the CEO, no one seemed interested in trying to be helpful and they kept reading from a script.
I'm going to leave them to it, they've lost money and a long time user as a result. I've told them not to communicate with me in the future, all will be blocked 😅
Good morning friends,
thank you you for the info. Just a quick question, do I have/need to acknowledge receipt of the letter to settle out of court? And if so, do I just write back saying thanks but no thanks?
You should write (post letters and not emails) to Dubai Banks simply providing your UK address, saying that due to personal circumstances you are now resident in the UK and they can send any communications to the UK address.
In the letters don't admit to owing any debt, as you don't need to confirm that and at some stage in the future, the letter might be used to evidence that you admitted to owing a debt.
Dubai I think has a 10 year limtations period for personal debts, so it is possible for the Dubai Bank or the debt owner to enforce the debt in a Court 10 years from the last date of repayment or written admission that you owe the debt.
A UK Court may hear a foreign debt case, so don't ignore threats from a UK Solicitors acting for the Dubai Bank, that they will be issuing a UK Court claim. If you receive such a letter, you need to take action and should ask for advice.
What are your current financial circumstances ? Could you negotiate a full and final settlement of the Dubai debts ?
Further reading suggests I'll face problems, in not being able to meet the criteria outlined elsewhere (on site).
1 V5c/New Keeper supplement.
Restoration project, bought with no documents.
Cannot notify DVLA, because vehicle identity not known.
2 Proof of Purchase / sales receipt.
Payment by cash can be problematic
My bank statements show various outgoings - to seller, but not easily verifiable.
3 How the purchase came about.
Not a general sale on gumtree, Ebay, etcetera. Purchase via a friend or relative can be problematical.
Purchase was to directly offset money owed to me (I'd provided my debit card to my friend, so that he could cover accommodation/food/etcetera), so that I can resell vehicle to recover an amount equal to that provided to the seller.
4 Copy of vehicle insurance.
Cannot insure with no vehicle identity documents.
5 Evidence that road fund licence has been purchased / SORN.
Cannot SORN with no vehicle identity documents.)
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!