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    • The Notice to Hirer does not comply with the protection of Freedoms Act 2012 Schedule  4 . This is before I ask if Europarks have sent you a copy of the PCN they sent to Arval along with a copy of the hire agreement et. if they haven't done that either you are totally in the clear and have nothing to worry about and nothing to pay. The PCN they have sent you is supposed to be paid by you according to the Act within 21 days. The chucklebuts have stated 28 days which is the time that motorists have to pay. Such a basic and simple thing . The Act came out in 2012 and still they cannot get it right which is very good news for you. Sadly there is no point in telling them- they won't accept it because they lose their chance to make any money out of you. they are hoping that by writing to you demanding money plus sending in their  unregulated debt collectors and sixth rate solicitors that you might be so frightened as to pay them money so that you can sleep at night. Don't be surprised if some of their letters are done in coloured crayons-that's the sort of  level of people you will be dealing with. Makes great bedding for the rabbits though. Euro tend not to be that litigious but while you can safely ignore the debt collectors just keep an eye out for a possible Letter of Claim. They are pretty rare but musn't be ignored. Let us know so that you can send a suitably snotty letter to them showing that you are not afraid of them and are happy to go to Court as you like winning.  
    • They did reply to my defence stating it would fail and enclosed copies of NOA, DN Term letter and account statements. All copies of T&C's that could be reconstructions and the IP address on there resolves to the town where MBNA offices are, not my location
    • Here are 7 of our top tips to help you connect with young people who have left school or otherwise disengaged.View the full article
    • My defence was standard no paperwork:   1.The Defendant contends that the particulars of claim are generic in nature. The Defendant accordingly sets out its case below and relies on CPR r 16.5 (3) in relation to any particular allegation to which a specific response has not been made. 2. Paragraph 1 is noted. The Defendant has had a contractual relationship with MBNA Limited in the past. The Defendant does not recognise the reference number provided by the claimant within its particulars and has sought verification from the claimant who is yet to comply with requests for further information. 3. Paragraph 2 is denied. The Defendant maintains that a default notice was never received. The Claimant is put to strict proof to that a default notice was issued by MBNA Limited and received by the Defendant. 4. Paragraph 3 is denied. The Defendant is unaware of any legal assignment or Notice of Assignment allegedly served from either the Claimant or MBNA Limited. 5. On the 02/01/2023 the Defendant requested information pertaining to this claim by way of a CCA 1974 Section 78 request. The claimant is yet to respond to this request. On the 19/05/2023 a CPR 31.14 request was sent to Kearns who is yet to respond. To date, 02/06/2023, no documentation has been received. The claimant remains in default of my section 78 request. 6. It is therefore denied with regards to the Defendant owing any monies to the Claimant, the Claimant has failed to provide any evidence of proof of assignment being sent/ agreement/ balance/ breach or termination requested by CPR 31.14, therefore the Claimant is put to strict proof to: (a) show how the Defendant entered into an agreement; and (b) show and evidence the nature of breach and service of a default notice pursuant to Section 87(1) CCA1974 (c) show how the claimant has reached the amount claimed for; and (d) show how the Claimant has the legal right, either under statute or equity to issue a claim; 7. As per Civil Procedure Rule 16.5(4), it is expected that the Claimant prove the allegation that the money is owed. 8. On the alternative, as the Claimant is an assignee of a debt, it is denied that the Claimant has the right to lay a claim due to contraventions of Section 136 of the Law of Property Act and Section 82A of the consumer credit Act 1974. 9. By reasons of the facts and matters set out above, it is denied that the Claimant is entitled to the relief claimed or any relief.
    • Monika the first four pages of the Private parking section have at least 12 of our members who have also been caught out on this scam site. That's around one quarter of all our current complaints. Usually we might expect two current complaints for the same park within 4 pages.  So you are in good company and have done well in appealing to McDonalds in an effort to resolve the matter without having  paid such a bunch of rogues. Most people blindly pay up. Met . Starbucks and McDonalds  are well aware of the situation and seem unwilling to make it easier for motorists to avoid getting caught. For instance, instead of photographing you, if they were honest and wanted you  to continue using their services again, they would have said "Excuse me but if you are going to go to Mc donalds from here, it will cost you £100." But no they kett quiet and are now pursuing you for probably a lot more than £100 now. They also know thst  they cannot charge anything over the amount stated on the car park signs. Their claims for £160 or £170 are unlawful yet so many pay that to avoid going to Court. When the truth is that Met are unlikely to take them to Court since they know they will lose. The PCNs are issued on airport land which is covered by Byelaws so only the driver can be pursued, not the keeper. But they keep writing to you as they do not know who was driving unless you gave it away when you appealed. Even if they know you were driving they should still lose in Court for several reasons. The reason we ask you to fill out our questionnaire is to help you if MET do decide to take you to Court in the end. Each member who visited the park may well have different experiences while there which can help when filling out a Witness statement [we will help you with that if it comes to it.] if you have thrown away the original PCN  and other paperwork you obviously haven't got a jerbil or a guinea pig as their paper makes great litter boxes for them.🙂 You can send an SAR to them to get all the information Met have on you to date. Though if you have been to several sites already, you may have done that by now. In the meantime, you will be being bombarded by illiterate debt collectors and sixth rate solicitors all threatening you with ever increasing amounts as well as being hung drawn and quartered. Their letters can all be safely ignored. On the odd chance that you may get a Letter of Claim from them just come back to us and we will get you to send a snotty letter back to them so that they know you are not happy, don't care a fig for their threats and will see them off in Court if they finally have the guts to carry on. If you do have the original PCN could you please post it up, carefully removing your name. address and car registration number but including dates and times. If not just click on the SAR to take you to the form to send to Met.
  • Our picks

    • If you are buying a used car – you need to read this survival guide.
      • 1 reply
    • Hello,

      On 15/1/24 booked appointment with Big Motoring World (BMW) to view a mini on 17/1/24 at 8pm at their Enfield dealership.  

      Car was dirty and test drive was two circuits of roundabout on entry to the showroom.  Was p/x my car and rushed by sales exec and a manager into buying the mini and a 3yr warranty that night, sale all wrapped up by 10pm.  They strongly advised me taking warranty out on car that age (2017) and confirmed it was honoured at over 500 UK registered garages.

      The next day, 18/1/24 noticed amber engine warning light on dashboard , immediately phoned BMW aftercare team to ask for it to be investigated asap at nearest garage to me. After 15 mins on hold was told only their 5 service centres across the UK can deal with car issues with earliest date for inspection in March ! Said I’m not happy with that given what sales team advised or driving car. Told an amber warning light only advisory so to drive with caution and call back when light goes red.

      I’m not happy to do this, drive the car or with the after care experience (a sign of further stresses to come) so want a refund and to return the car asap.

      Please can you advise what I need to do today to get this done. 
       

      Many thanks 
      • 81 replies
    • Housing Association property flooding. https://www.consumeractiongroup.co.uk/topic/438641-housing-association-property-flooding/&do=findComment&comment=5124299
      • 161 replies
    • We have finally managed to obtain the transcript of this case.

      The judge's reasoning is very useful and will certainly be helpful in any other cases relating to third-party rights where the customer has contracted with the courier company by using a broker.
      This is generally speaking the problem with using PackLink who are domiciled in Spain and very conveniently out of reach of the British justice system.

      Frankly I don't think that is any accident.

      One of the points that the judge made was that the customers contract with the broker specifically refers to the courier – and it is clear that the courier knows that they are acting for a third party. There is no need to name the third party. They just have to be recognisably part of a class of person – such as a sender or a recipient of the parcel.

      Please note that a recent case against UPS failed on exactly the same issue with the judge held that the Contracts (Rights of Third Parties) Act 1999 did not apply.

      We will be getting that transcript very soon. We will look at it and we will understand how the judge made such catastrophic mistakes. It was a very poor judgement.
      We will be recommending that people do include this adverse judgement in their bundle so that when they go to county court the judge will see both sides and see the arguments against this adverse judgement.
      Also, we will be to demonstrate to the judge that we are fair-minded and that we don't mind bringing everything to the attention of the judge even if it is against our own interests.
      This is good ethical practice.

      It would be very nice if the parcel delivery companies – including EVRi – practised this kind of thing as well.

       

      OT APPROVED, 365MC637, FAROOQ, EVRi, 12.07.23 (BRENT) - J v4.pdf
        • Like

Claiming on a Business account? Lets join forces?


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HOW TO START YOUR OWN THREAD:

 

You get more specific advice to your own case, and be able to keep a track of how it's going by viewing just one thread instead of skirting around lots of threads trying to find your posts and answers.

 

1/ Go here.

http://www.consumeractiongroup.c o....group-against/

 

2/ Find your Bank, click on the bold blue name of Bank

 

3/ Go to the bit that says "Forum tools" and click on it.

 

4/ Click Subscribe to Forum. It will ask you how often you want to recieve updates ( daily I found is best)

 

5/ Then it will redirect you once you've subscribed.

 

6/ then click on "Forum tools" again, and choose "Post new thread"

 

7/ Give your thread a title eg: "yourname vs whatever bank", and then make a post.

 

8/ Then go to the bit at the top of your browser ( the bit that says http etc), and right click your mouse, choose copy, then come back here and post a new reply, and right click you mouse and choose paste to put a link to your thread in there.

 

9 Then hopefully people will visit and psot/subscribe etc.

  • Haha 1

All opinions and advice I offer are purely my own, and are offered without any liability. If unsure seek the help of a licensed professional

...just because something's in print doesn't mean its true.... just look at you Banks T&C's for example !

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Just had an offer from Lloyds TSB for a company account for £2005.31 was cliaming £3161.77. Started court proceedings they defended saying usual and Consumer Act not applicable etc. Filled in my allocation questionnaire and the offer can this morning out of the blue.

 

I am going to accept the offer since some of the charges applied to the account do not state what they are for so the courts if it went that far might rule against me for not accepting the reasonable offer.

 

Still its a win for a little effort I will let you know when and if the cheque arrives since I shut that account down two years ago, lets hope its not a rubber one!!

 

Many Thanks, I will keep you all posted

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Just had an offer from Lloyds TSB for a company account for £2005.31 was cliaming £3161.77. Started court proceedings they defended saying usual and Consumer Act not applicable etc. Filled in my allocation questionnaire and the offer can this morning out of the blue.

 

I am going to accept the offer since some of the charges applied to the account do not state what they are for so the courts if it went that far might rule against me for not accepting the reasonable offer.

 

Still its a win for a little effort I will let you know when and if the cheque arrives since I shut that account down two years ago, lets hope its not a rubber one!!

 

Many Thanks, I will keep you all posted

 

 

Hey that's brilliant, well done. I wonder if you can tell us here what the status of the company was when the account was closed? Liquidated, dissolved with no creditors or what. we have a thread going on Limited Companies and numerous people are asking about closed ore dissolved accounts.. your input would be much appreciated. If you prefer to PM the answer feel free. It will help with other claims.

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LEVENSLEY

 

It your money , they offered me no intrest at the same stage

reply stating thank you and you accept you as part payment they will not go to court its up to them to dispute the total .

£1100 is better in your pocket and it will cost them more in legal fees to argue .

They will pay i almost went crazy after rejecting 3500 but with 10 days they agreed THE FULL AMOUNT .

 

defended saying usual and Consumer Act not applicable etc

THEN WHY ARE THEY GIVING YOU SOME MONEY?

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LEVENSLEY

 

It your money , they offered me no intrest at the same stage

reply stating thank you and you accept you as part payment they will not go to court its up to them to dispute the total .

£1100 is better in your pocket and it will cost them more in legal fees to argue .

They will pay i almost went crazy after rejecting 3500 but with 10 days they agreed THE FULL AMOUNT .

 

defended saying usual and Consumer Act not applicable etc

THEN WHY ARE THEY GIVING YOU SOME MONEY?

 

 

It's not quite the same for Limited Companies. Consumer Credit Act does not apply.

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Excellant thread people. I agree there should be a dedicated section with regards to just business accounts set away from the personal accounts section under each heading. I have already claimed a large propotion back from the banks and credit card companies :D everyone of them caving in to my demands as i wouldnt back down. Now i am looking at claiming back on a business account and have done some research but wanted to clarify some things with anyone who can clear it up, or might even be of help or throw up a debate about things. ;)

 

Firstly with regards to Overdraft setup fees from the bank manager. It is said that you cannot claim these back as this is an actual service yes? ok so the question on this is why? When an overdraft facility is setup for a business account what is the difference in setting one up as oppose to setting one up on a business account? You dont get charged a fee on a personal account. Also why is the Fee they charge for setting up an overdraft for a business account vary in the ammount that they take for setting it up? What difference does it make if they setup a £100 overdraft or a £1000 overdraft why should the fee be different?

 

P.S can anyone please tell me where has my signitures dissapeared to :o i had all my claims listed there and links..

If you find this info useful please click on the scales in the bottom left corner of the thread :wink:

 

Vodafone To Remove Default Notices thread

Paid In Full HSBC Was Claiming £3851.42 But Instead of Paying Me Decided to pay my £4900 Loan OffDG Solictors. Need Help

Concluded Lloyds TSB 27/05/2006 Action Against LloydsTSB

Concluded Lloyds TSB for Girlfriend. 27/05/2006

Paid In Full Capital One £160 Settled

Paid In Full Capital One Sent 15/05/06 for £1372 for Girlfriend

Paid In Full Cetelem £130 Settled

Paid In Full The AA £400 Settled

Paid In Full First National £160 Settled

PDA LloydsTsb Credit Card Hand Delivered 26/04/06 £180

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hi everyone

i ve reiceved corbetts AQ today can someone confirm what the following means and do i need to reply to corbetts?????

 

 

case management directions cannot be proposed until the claimant serves a reply to the request for further infomation which was due on 19th March 2007. In light of this, the defendant may amend its defence or apply to strike out.

im assuming they are refering to cpr request which i refused to answer and sent them a letter from the template section explaining my reasons..

 

Just for anyone who is claiming more than £5000 My claim is for £37000 and corbetts are requesting fast track and are asking the court to allow 3 hours for the case to be heard....

 

is this common what will happen next

 

thanks for any replies

 

scott

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help please sending my preliminary letter to bank not sure if its done properly,the part where it says the amount that they have cherged me in overdraft interest is this normal interest on my charges as i didnt have an overdraft on my account thanx for any help

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Hi everybody

Finally had a response from BOS about my £11952 business claim saying

that in my letters I referred to OFT inquiry which is based on the Unfair Terms in Consumer Contracts Regs and these regs do not apply to business customers . I used the correct letter templates- what have I did wrong or are they just stalling ? What do I do now ? Issue a claim ?

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i don't think the OFT inquiry is based on UTCCRs but on the rate of bank charges.

 

in any business case, you have to take out any mention of UTCCR as that only applies to consumers with personal accounts (hence the 'Consumer' part).

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Hi everybody

Finally had a response from BOS about my £11952 business claim saying

that in my letters I referred to OFT inquiry which is based on the Unfair Terms in Consumer Contracts Regs and these regs do not apply to business customers . I used the correct letter templates- what have I did wrong or are they just stalling ? What do I do now ? Issue a claim ?

 

What was the response to ?

Your prelim, your LBA ?

 

The way I see this, is they are clutching at straws here.

Okay, yes the OFT report makes lots of references to the UTCCR,.... BUT it does ALSO make reference to common law, and state that the charges in order to be fair under COMMON LAW must be fair. And this, ie COMMON LAW, DOES apply to business customers also. A particularly relevant passage from the report is chapter 3.22 as quoted here:

 

  1. 3.22 In order to be fair in these circumstances under the UTCCRs, and not to constitute a penalty under common law, such pre-estimate of costs would also have to be limited to the type of costs which would be legitimately claimable as damages against the individual consumer if the credit card company were to sue him individually for breach of contract. It must not include costs which could never normally be recovered either because they would not qualify as damages or because they would not be regarded as having been caused by the default in a legally relevant sense.

This is all a bit academic anyhow.

The OFT report was just that, a report, it is not legislation.

You have only so far made reference to it as an authoritative opinion on the matter, you have not cited it as case law, legislation or statute that you are intending to rely upon in court.

The fact that you may have mentioned the report in you letters before your actual court action will not jepordise your case. Perhaps they have actually done you a favour by already mentioning one of their possible defences to your claim should you use it !!

Just go ahead and file your N1.

Perhaps for the avoidance of doubt leave out any reference to the OFT report in your Particulars of Claim. As I say, it is only a report, and is not Statute or Legislation anyhow. There is after all much more than enough actual cases (look around on site for cases to cite) and also legislation (such as Unfair Contract Terms bill 1977, Sale of Goods and Services Act 1982 etc etc) to back up your claim without the OFT report.

All opinions and advice I offer are purely my own, and are offered without any liability. If unsure seek the help of a licensed professional

...just because something's in print doesn't mean its true.... just look at you Banks T&C's for example !

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Photoman, Just as a matter of clarification, businesses that are not Limited Liability companies, ie the sole trader and the self employed operate as businesses, but are independently liable for debts in the event of failure of the business. They would go personally bankrupt rather than into liquidation and protected by the 'Limited Liability' status. So, when it comes to banking matters one would have thought that the Consumer Credit Act would actually be more relevant than the UTC & Sales of Goods Acts - is that not so?

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Photoman, Just as a matter of clarification, businesses that are not Limited Liability companies, ie the sole trader and the self employed operate as businesses, but are independently liable for debts in the event of failure of the business. They would go personally bankrupt rather than into liquidation and protected by the 'Limited Liability' status. So, when it comes to banking matters one would have thought that the Consumer Credit Act would actually be more relevant than the UTC & Sales of Goods Acts - is that not so?

 

Andrew,

As far as I am aware from reading and researching I gather that anyone who has an account set up as a Business account, whether it be as a Sole Trader or a Limited company, and taking these actions should avoid reference to any Consumer regulations. I gather this is because all and any Business accounts are not afforded any protection under Consumer regulations per se.

I would be very happy to find out if this was otherwise, as it really sucks that we are not afforded the same basic protections. If anyone has some definitive evidence or case law to the contrary please post it.

All opinions and advice I offer are purely my own, and are offered without any liability. If unsure seek the help of a licensed professional

...just because something's in print doesn't mean its true.... just look at you Banks T&C's for example !

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Andrew,

As far as I am aware from reading and researching I gather that anyone who has an account set up as a Business account, whether it be as a Sole Trader or a Limited company, and taking these actions should avoid reference to any Consumer regulations. I gather this is because all and any Business accounts are not afforded any protection under Consumer regulations per se.

I would be very happy to find out if this was otherwise, as it really sucks that we are not afforded the same basic protections. If anyone has some definitive evidence or case law to the contrary please post it.

 

That also of course, brings into the equation giving personal guarantees by Directors. If a Bank were to call in a guarantee on a Limited Company business account which was in fact a personal guarantee, that too should/ought be construed in a similar manner should it not?

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Andrew

How it works with Limited companies and directors liabilities and their personal protection under Consumer rights I know little of. I was personally a sole trader.

Perhaps as Sole traders we are still considered "consumers" in the eyes of the law? ie. They are a supplier of services to us, and we are consumers of that service.

Perhaps if it went before a judge, they would decide that we are actually afforded protection as consumers? However, it appears at present that anyone claiming with a Business account of any description has run into problems if they have quoted Consumer regs, with the Banks solicitors trying to strike out such claims on this basis.

For the avoidance of doubt, unless someone can confirm that Sole Traders or Directors of companies can be considered and protected as Consumers and rely on such regs, i think it is best at present to avoid any such references?

All opinions and advice I offer are purely my own, and are offered without any liability. If unsure seek the help of a licensed professional

...just because something's in print doesn't mean its true.... just look at you Banks T&C's for example !

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Its my view that if someone sets up a business and has a bank account which they use in conducting that business that they are likely to be considered as a business and not a consumer.

 

There may be degrees but it would not be unreasonable IMHO for a court to presume that as a business , all be it a small one, that the owner/director would make sure they complied with the law and that they were aware of their legal standing.

 

It would seem perverse maybe, but it seems to me that a consumer has a totally different status to a business, whether its a multi national or a sole trader.

 

Id be pleased to be proved wrong though.

 

Glenn

Kick the shAbbey Habit

 

Where were you? Next time please

 

 

Abbey 1st claim -Charges repaid, default removed, interest paid (8% apr) costs paid, Abbey peed off; priceless

Abbey 2nd claim, two Accs - claim issued 30-03-07

Barclaycard - Settled cheque received

Egg 2 accounts ID sent 29/07

Co-op Claim issued 30-03-07

GE Capital (Store Cards) ICO says theyve been naughty

MBNA - Settled in Full

GE Capital (1st National) Settled

Lombard Bank - SAR sent 16.02.07

MBNA are not your friends, they will settle but you need to make sure its on your terms -read here

Glenn Vs MBNA

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:cool:

I started as as sole trader and due to difficulties when expanding because of the bank actions we went ltd company .

 

Due to the banks actions penalties miss selling and credit filling etc.

It put a strain on the ltd companies future and i am now personnally liable for its failure .

 

I do accept our illusion of creating jobs and a service for the community had difficulties .

 

But the unlawful penalties had a major part of its failure .

 

I have just started a new thread

 

I thought you might be interested in reading this web page:

http://www.consumeractiongroup.co.uk/forum/showthread.php?t=76059&referrerid=31310

 

I Have also started

 

I thought you might be interested in reading this web page:

http://www.consumeractiongroup.co.uk/forum/showthread.php?t=72644&referrerid=31310

 

We have a guarentee with the hsbc as our company failed i have negotiated with the bank to transfer the overdraft into a consoladated loan and adviced we can pay £100 per month ,they have just rang and said my intrest would be 10.95% above intrest meaning 17%.

told them we want to pay it off and it was in both our intrest to repay but it was not an acceptable rate and required everything in writing to have it looked over ,when i said what would happen if i did not accept they said it would be written off and passed to a DCA.

 

Recieved letter today because its not a loan agreement form i cannot be sent a copy of its full terms and conditions because no loan has been agreed !!!

 

i do not want to agree on anything if i can read through the t& c

sent subject access request today so i have a two week wait and im toting up the unlawful charges on the ltd .

 

 

 

 

I intend to discover for full and final closure any advice would be apreciated

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Judi

Limited company rules are a bit of a mystery to me, but someone has started a thread to help you.

http://www.consumeractiongroup.co.uk/forum/general/73488-limited-company-claims.html#post648274

 

Hopefully this will be of help.

I'll take a look (as I'm I'm sure many here will too) at your threads, but hopefully someone with a bit more know how on Limited companies will pop over to have a look ?

All opinions and advice I offer are purely my own, and are offered without any liability. If unsure seek the help of a licensed professional

...just because something's in print doesn't mean its true.... just look at you Banks T&C's for example !

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Judi,

 

In a sim. position have two personal guarantees for failed Ltd Bus. hoping refund of charges will clear these in part or negotiated full!. I noted somewhere a while ago some one said (on this site) DCA pay about 10-12% of the loan/debit value and then go on to try to collect the original sum (now that's a way to make money!!!).

The banks get there full tax credit by writing off the loan (gosh don't you feel sorry for them they'll so miss the money you owed them.

 

I wonder if there is a way that we could get the DCA to disclose the amount paid under the DATA protection act since the bank assigned the (your) debit to them and the debit is on us/you (surely we should know how much they sold our liabillity for. It would certainly give us a stronger bargaining chip with the DCA). I was initially offered to pay half back of one of the debits, which I would have jumped at, but could not afford it at the time). There might then be a way to prove that reclaiming the whole debit is unreasonable?? Any comments anyone??

 

Nice day eh?

 

BJ

 

:cool:

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i ranf the f-o they can not get involved in negotiating intrest rates but i want to pay hsbc back ! which will be alot more than the dca will buy it for but i have to agree to a noose around my neck surley this can not be fair

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Judi ( sorry f-o = Financial ombudsman?)

 

The way I look at it is once it goes to the DCA they can't charge interest so you are dealing with W***Kers but the debt is fixed - double edged sword really. Might be worth talking to a solicitor on the revealling the value paid for the debt, then negotiating hard? They like to make quick money as well as lots of it on teh basis of their admin charges on running the debt over a long period.

 

BJ

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Judi,

 

In a sim. position have two personal guarantees for failed Ltd Bus. hoping refund of charges will clear these in part or negotiated full!. I noted somewhere a while ago some one said (on this site) DCA pay about 10-12% of the loan/debit value and then go on to try to collect the original sum (now that's a way to make money!!!).

The banks get there full tax credit by writing off the loan (gosh don't you feel sorry for them they'll so miss the money you owed them.

 

I wonder if there is a way that we could get the DCA to disclose the amount paid under the DATA protection act since the bank assigned the (your) debit to them and the debit is on us/you (surely we should know how much they sold our liabillity for. It would certainly give us a stronger bargaining chip with the DCA). I was initially offered to pay half back of one of the debits, which I would have jumped at, but could not afford it at the time). There might then be a way to prove that reclaiming the whole debit is unreasonable?? Any comments anyone??

 

Nice day eh?

 

BJ

 

:cool:

 

 

Hi Beetlejuice, This is interesting and I think it might have been me who said about the DCA's 10%. What you have to remember is that what the DCA pays is a commercial issue to a degree. If they are lucky enough to pay somewhere between 7%+ 12% for a debt and can get 75% back then that's good business. However, I have a larger issue on this because as you say there are writebacks for the banks AND once the DCA get the debt and make an arrangement for repayment, if you miss a repayment they start to charge you interest on the whole debt. My argument being that if they paid £100 for a £1000 debt why should they charge me interest on £1000. They never lent me £100 and they didn't draw £1000 from reserves or borrow it on the money markets they just laid out £100. Now THAT is an issue and I know people like CAbot do that - they tried it on me!

 

Trouble is you are talking about a Limited Company debt not a consumer or solet rader. The Bank have no obligations under the DPA for a business account to disclose data. The strength of knowing what they (the DCA) paid

will come in handy for negotiating full and final settlements.

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But the debt now has become personal to the dca as the ltd account does not exsist do we not have any protection.

 

 

If I WAS A DCA NOW WOULD IT BE WORTH BUYING /CHASING A DEBT THAT IS FULL OFF UNLAWFUL CHARGES TO HAVE THEM WRITTEN OFF BY ACTIONS ON THIS SITE .

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So what you are saying is that the liability under the guarantee, now that the company has gone, because it is a personal guarantee by the directors would become a personal debt rather than a business debt and therefore covered by the DPA?

 

Might not this be a question - "Where then can you show a consumer credit agreement"? - I don't know the answer to this I am just testing the arguments - I am in contact myself with a liquidator friend and I just tried to find out what he might think, but he's off today. I'll ask him tomorrow and post back, but its an interesting one this.

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