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    • He was one of four former top executives from Sam Bankman-Fried's firms to plead guilty to charges.View the full article
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    • further polished WS using above suggestions and also included couple of more modifications highlighted in orange are those ok to include?   Background   1.1  The Defendant received the Parking Charge Notice (PCN) on the 06th of January 2020 following the vehicle being parked at Arla Old Dairy, South Ruislip on the 05th of December 2019.   Unfair PCN   2.1  On 19th December 2023 the Defendant sent the Claimant's solicitors a CPR request.  As shown in Exhibit 1 (pages 7-13) sent by the solicitors the signage displayed in their evidence clearly shows a £60.00 parking charge notice (which will be reduced to £30 if paid within 14 days of issue).  2.2  Yet the PCN sent by the Claimant is for a £100.00 parking charge notice (reduced to £60 if paid within 30 days of issue).   2.3        The Claimant relies on signage to create a contract.  It is unlawful for the Claimant to write that the charge is £60 on their signs and then send demands for £100.    2.4        The unlawful £100 charge is also the basis for the Claimant's Particulars of Claim.  No Locus Standi  3.1  I do not believe a contract with the landowner, that is provided following the defendant’s CPR request, gives MET Parking Services a right to bring claims in their own name. Definition of “Relevant contract” from the Protection of Freedoms Act 2012, Schedule 4,  2 [1] means a contract Including a contract arising only when the vehicle was parked on the relevant land between the driver and a person who is-   (a) the owner or occupier of the land; or   (b) Authorised, under or by virtue of arrangements made by the owner or occupier of the land, to enter into a contract with the driver requiring the payment of parking charges in respect of the parking of the vehicle on the land. According to https://www.legislation.gov.uk/ukpga/2006/46/section/44   For a contract to be valid, it requires a director from each company to sign and then two independent witnesses must confirm those signatures.   3.2  The Defendant requested to see such a contract in the CPR request.  The fact that no contract has been produced with the witness signatures present means the contract has not been validly executed. Therefore, there can be no contract established between MET Parking Services and the motorist. Even if “Parking in Electric Bay” could form a contract (which it cannot), it is immaterial. There is no valid contract.  Illegal Conduct – No Contract Formed   4.1 At the time of writing, the Claimant has failed to provide the following, in response to the CPR request from myself.   4.2        The legal contract between the Claimant and the landowner (which in this case is Standard Life Investments UK) to provide evidence that there is an agreement in place with landowner with the necessary authority to issue parking charge notices and to pursue payment by means of litigation.   4.3 Proof of planning permission granted for signage etc under the Town and country Planning Act 1990. Lack of planning permission is a criminal offence under this Act and no contract can be formed where criminality is involved.   4.4        I also do not believe the claimant possesses these documents.   No Keeper Liability   5.1        The defendant was not the driver at the time and date mentioned in the PCN and the claimant has not established keeper liability under schedule 4 of the PoFA 2012. In this matter, the defendant puts it to the claimant to produce strict proof as to who was driving at the time.   5.2 The claimant in their Notice To Keeper also failed to comply with PoFA 2012 Schedule 4 section 9[2][f] while mentioning “the right to recover from the keeper so much of that parking charge as remains unpaid” where they did not include statement “(if all the applicable conditions under this Schedule are met)”.     5.3         The claimant did not mention parking period, times on the photographs are separate from the PCN and in any case are that arrival and departure times not the parking period since their times include driving to and from the parking space as a minimum and can include extra time to allow pedestrians and other vehicles to pass in front.    Protection of Freedoms Act 2012   The notice must -   (a) specify the vehicle, the relevant land on which it was parked and the period of parking to which the notice relates;  22. In the persuasive judgement K4GF167G - Premier Park Ltd v Mr Mathur - Horsham County Court – 5 January 2024 it was on this very point that the judge dismissed this claim.  5.4  A the PCN does not comply with the Act the Defendant as keeper is not liable.  No Breach of Contract   6.1       No breach of contract occurred because the PCN and contract provided as part of the defendant’s CPR request shows different post code, PCN shows HA4 0EY while contract shows HA4 0FY. According to PCN defendant parked on HA4 0EY which does not appear to be subject to the postcode covered by the contract.  6.2         The entrance sign does not mention anything about there being other terms inside the car park so does not offer a contract which makes it only an offer to treat,  Interest  7.1  It is unreasonable for the Claimant to delay litigation for  Double Recovery   7.2  The claim is littered with made-up charges.  7.3  As noted above, the Claimant's signs state a £60 charge yet their PCN is for £100.  7.4  As well as the £100 parking charge, the Claimant seeks recovery of an additional £70.  This is simply a poor attempt to circumvent the legal costs cap at small claims.  7.5 Since 2019, many County Courts have considered claims in excess of £100 to be an abuse of process leading to them being struck out ab initio. An example, in the Caernarfon Court in VCS v Davies, case No. FTQZ4W28 on 4th September 2019, District Judge Jones-Evans stated “Upon it being recorded that District Judge Jones- Evans has over a very significant period of time warned advocates (...) in many cases of this nature before this court that their claim for £60 is unenforceable in law and is an abuse of process and is nothing more than a poor attempt to go behind the decision of the Supreme Court v Beavis which inter alia decided that a figure of £160 as a global sum claimed in this case would be a penalty and not a genuine pre-estimate of loss and therefore unenforceable in law and if the practice continued, he would treat all cases as a claim for £160 and therefore a penalty and unenforceable in law it is hereby declared (…) the claim is struck out and declared to be wholly without merit and an abuse of process.”  7.6 In Claim Nos. F0DP806M and F0DP201T, District Judge Taylor echoed earlier General Judgment or Orders of District Judge Grand, stating ''It is ordered that the claim is struck out as an abuse of process. The claim contains a substantial charge additional to the parking charge which it is alleged the Defendant contracted to pay. This additional charge is not recoverabl15e under the Protection of Freedoms Act 2012, Schedule 4 nor with reference to the judgment in Parking Eye v Beavis. It is an abuse of process from the Claimant to issue a knowingly inflated claim for an additional sum which it is not entitled to recover. This order has been made by the court of its own initiative without a hearing pursuant to CPR Rule 3.3(4)) of the Civil Procedure Rules 1998...''  7.7 In the persuasive case of G4QZ465V - Excel Parking Services Ltd v Wilkinson – Bradford County Court -2 July 2020 (Exhibit 4) the judge had decided that Excel had won. However, due to Excel adding on the £60 the Judge dismissed the case.  7.8        The addition of costs not previously specified on signage are also in breach of the Consumer Rights Act 2015, Schedule 2, specifically paras 6, 10 and 14.   7.9        It is the Defendant’s position that the Claimant in this case has knowingly submitted inflated costs and thus the entire claim should be similarly struck out in accordance with Civil Procedure Rule 3.3(4).   In Conclusion   8.1        I invite the court to dismiss the claim.  Statement of Truth  I believe that the facts stated in this witness statement are true. I understand that proceedings for contempt of court may be brought against anyone who makes, or causes to be made, a false statement in a document verified by a statement of truth without an honest belief in its truth.   
    • Well the difference is that in all our other cases It was Kev who was trying to entrap the motorist so sticking two fingers up to him and daring him to try court was from a position of strength. In your case, sorry, you made a mistake so you're not in the position of strength.  I've looked on Google Maps and the signs are few & far between as per Kev's MO, but there is an entrance sign saying "Pay & Display" (and you've admitted in writing that you knew you had to pay) and the signs by the payment machines do say "Sea View Car Park" (and you've admitted in writing you paid the wrong car park ... and maybe outed yourself as the driver). Something I missed in my previous post is that the LoC is only for one ticket, not two. Sorry, but it's impossible to definitively advise what to so. Personally I'd probably gamble on Kev being a serial bottler of court and reply with a snotty letter ridiculing the signage (given you mentioned the signage in your appeal) - but it is a gamble.  
    • No! What has happened is that your pix were up-to-date: 5 hours' maximum stay and £100 PCN. The lazy solicitors have sent ancient pictures: 4 hours' maximum stay and £60 PCN. Don't let on!  Let them be hoisted by their own lazy petard in the court hearing (if they don't bottle before).
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      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.

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Welcome Finance - This company needs to be banned.


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anyone else not had there dd collected from there bank

 

Sorry Traz

 

cant help you with that one, i cancelled mine ages ago...how overdue is it? Have you contacted your bank? I would keep a close eye on this if i were you, it may be ploy to put you into forced arrears or something!! Or they may have realised that you also have a very crap agreement like me, in that case they will write to you offering to put you back on the previos loan terms!

Watch them slowly hang themselves!!

 

 

B-O-2

Edited by brassed-off-2

ANYBODY WHO NEEDS INFO ON YOUR LEHMANS MORTGAGE

either SPML/PML/LMC/SPPL; the following are DIRECT tel#s,

of the investigating & prosecuting organisations: DONOT say you are from CAG-only directly affected or a concerned citizen.

 

1. Companies House: Kevin Hughes(Compliance Manager-main) @ 02920 380 633

2. CH : Lee Jenkins(prosecuting Amany Attia(MD) for SPML/PML) @ 02920 380 643

3. CH : Mark Youde(accounts compliance) @ 02920 380 955

 

4. Companies Investigation Branch(CIB) : Charlotte Allan @ 0207 596 6108

(part of the Insolvency Service) investigating all the Lehman lenders

 

5. CIB : Jeremy Pilcher('unofficial'-consumer/company lawyer) : @ 0207 637 6231

__________________

File YOUR 'Companies Investigation Branch'- CIB complaint online NOW!!!!

 

http://www.insolvency.gov.uk/complaintformcib.htm

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3 caggers, 8 guests !! even when there is no cagging taking place!!

mmmmmmmm makes you wonder....Hello Nottingham:p

 

 

Post fixed your hd yet?? hope so...now is not the time for gremlins...

ANYBODY WHO NEEDS INFO ON YOUR LEHMANS MORTGAGE

either SPML/PML/LMC/SPPL; the following are DIRECT tel#s,

of the investigating & prosecuting organisations: DONOT say you are from CAG-only directly affected or a concerned citizen.

 

1. Companies House: Kevin Hughes(Compliance Manager-main) @ 02920 380 633

2. CH : Lee Jenkins(prosecuting Amany Attia(MD) for SPML/PML) @ 02920 380 643

3. CH : Mark Youde(accounts compliance) @ 02920 380 955

 

4. Companies Investigation Branch(CIB) : Charlotte Allan @ 0207 596 6108

(part of the Insolvency Service) investigating all the Lehman lenders

 

5. CIB : Jeremy Pilcher('unofficial'-consumer/company lawyer) : @ 0207 637 6231

__________________

File YOUR 'Companies Investigation Branch'- CIB complaint online NOW!!!!

 

http://www.insolvency.gov.uk/complaintformcib.htm

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What are the 'current' Welcome addresses one might write to in the fervent hope one might get some 'sensible' info as to why a credit of over 4k:D appears in a statement yet does not reduce the balance:confused:

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Cattles loses chairman amid battle with banks

 

The crisis at struggling sub-prime lender Cattles escalated yesterday after chairman Norman Broadhurst, 66, revealed plans to step down at the next annual meeting.

 

 

 

By Philip Aldrick

Last Updated: 12:33PM BST 27 May 2009

 

 

Cattles has already removed the finance director and five others following accounting irregularities in its key Welcome Financial Services division. Deloitte, an adviser to the company, and Freshfields, the lawyers, are conducting an independent forensic review.

Mr Broadhurst's planned departure comes amid a bitter battle with the lender's banks over a £500m facility that must be repaid on July 1 or Cattles will go bust. A debt-for-equity swap is expected. Deloitte is refusing to sign off the accounts until a new facility is in place.

 

Cattles has little more than a fortnight to resolve its funding crisis. However, the banks want a solution as they fear customers will not bother to repay their debts if Cattles goes bust, as happened at London Scottish Bank.

The company also appointed a new chief operating officer to Welcome Financial. Paul Mackin joins from Littlewoods Shop Direct on June 5 and will work with David Postings, group chief executive, who has taken over day-to-day management of the division.

 

All getting a bit fiesty

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What are the 'current' Welcome addresses one might write to in the fervent hope one might get some 'sensible' info as to why a credit of over 4k:D appears in a statement yet does not reduce the balance:confused:

 

 

when you find out....let us know, its like trying to get blood out of a stone with these idiots

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have you tried a formal complaint letter, to mere way ruddungton and then follow it up with a call to the FOS?? It might make them sit up and take notice, although i doubt it somehow?

Or try ringing trading standards?

Just my thoughts...otherwise not sure..sorry.

 

B-O-2

ANYBODY WHO NEEDS INFO ON YOUR LEHMANS MORTGAGE

either SPML/PML/LMC/SPPL; the following are DIRECT tel#s,

of the investigating & prosecuting organisations: DONOT say you are from CAG-only directly affected or a concerned citizen.

 

1. Companies House: Kevin Hughes(Compliance Manager-main) @ 02920 380 633

2. CH : Lee Jenkins(prosecuting Amany Attia(MD) for SPML/PML) @ 02920 380 643

3. CH : Mark Youde(accounts compliance) @ 02920 380 955

 

4. Companies Investigation Branch(CIB) : Charlotte Allan @ 0207 596 6108

(part of the Insolvency Service) investigating all the Lehman lenders

 

5. CIB : Jeremy Pilcher('unofficial'-consumer/company lawyer) : @ 0207 637 6231

__________________

File YOUR 'Companies Investigation Branch'- CIB complaint online NOW!!!!

 

http://www.insolvency.gov.uk/complaintformcib.htm

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Not yet but unless they respond positively within 10 days they will be placed on written notice that ALL payments will cease forthwith until they answer the queries & if they don't & as the amount already paid, without default I might add, matches or may even exceed the capital sum borrowed when interest is added a court judgment declaring the debt unenforceable will be sort at the earliest opportunity

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have you tried a formal complaint letter, to mere way ruddungton and then follow it up with a call to the FOS?? It might make them sit up and take notice, although i doubt it somehow?

Or try ringing trading standards?

Just my thoughts...otherwise not sure..sorry.

 

B-O-2

 

I wouldnt hold out much hope on that, I submitted my complaint to Mere Way, and although partially refunded, they have with held some of the money due back to me. I have lodged a complaint with the FOS in December 2008, and they have written to Welcome twice now asking them to comply in providing files etc. To date, Welcome have not responded.....Even though this may delay any result on my case, Im not bothered, just another nail in their coffin ! :lol:

Forsure

 

** One woman crusade against the rip off lenders ! **

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[COLOR="Red"]I am going to ISSUE Court Proceedings now this company has been clowning around for over 4 months now.....and we have no choice.

 

Not a nice company to deal with

 

WATCH THIS SPACE.... They something I want to say about this company which would not be appropriate for this website....[/color]

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They breached the data protection act did not reply within the 40 days of the request. The failed to disclose documents which forms a part of disclosure and missold PPI.

 

Terms of the loan was 8 years only covered me for 5 years. Joint application and only one applicant was covered.... lots of other misselling

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New court date recieved - round 3 on it's way!!

 

Oh and a seperate round one will be on it's way shortly - they're not gonna see this one coming!!

 

Messed with the wrong lady Welcome - assault on all fronts now!!

 

Yo won't know it's hit you til your on your ass wondering what the hell happened :)

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Keep up the good work Andie, theu just knocked at my door and left a letter £25 funny thing its from my so called local branch, yet signed by a different guy to who rings me, this is over my car, im getting confused with them now, as i seem to have about 6 welscum guys trying to get in touch, well all i can say keep it up and reply to the SAR maybe another letter to Nottingham is required

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Markimark

 

Do You Have A Thread

 

Have Dynamite Ref Ppi Etc And Disclosure Orders For These Clowns

 

Markiemark, we have the same problems regarding the PPI, plus more, post can you send me what you have ref PPI, and disclosure.. plus

ref my other prediccament sent be PM, have you had anything regarding it...now you have got rid of the gremlins:)

 

b-o-2

ANYBODY WHO NEEDS INFO ON YOUR LEHMANS MORTGAGE

either SPML/PML/LMC/SPPL; the following are DIRECT tel#s,

of the investigating & prosecuting organisations: DONOT say you are from CAG-only directly affected or a concerned citizen.

 

1. Companies House: Kevin Hughes(Compliance Manager-main) @ 02920 380 633

2. CH : Lee Jenkins(prosecuting Amany Attia(MD) for SPML/PML) @ 02920 380 643

3. CH : Mark Youde(accounts compliance) @ 02920 380 955

 

4. Companies Investigation Branch(CIB) : Charlotte Allan @ 0207 596 6108

(part of the Insolvency Service) investigating all the Lehman lenders

 

5. CIB : Jeremy Pilcher('unofficial'-consumer/company lawyer) : @ 0207 637 6231

__________________

File YOUR 'Companies Investigation Branch'- CIB complaint online NOW!!!!

 

http://www.insolvency.gov.uk/complaintformcib.htm

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go get em Andi...how long have we to wait now, for the trashing your gonna give welscum??

ANYBODY WHO NEEDS INFO ON YOUR LEHMANS MORTGAGE

either SPML/PML/LMC/SPPL; the following are DIRECT tel#s,

of the investigating & prosecuting organisations: DONOT say you are from CAG-only directly affected or a concerned citizen.

 

1. Companies House: Kevin Hughes(Compliance Manager-main) @ 02920 380 633

2. CH : Lee Jenkins(prosecuting Amany Attia(MD) for SPML/PML) @ 02920 380 643

3. CH : Mark Youde(accounts compliance) @ 02920 380 955

 

4. Companies Investigation Branch(CIB) : Charlotte Allan @ 0207 596 6108

(part of the Insolvency Service) investigating all the Lehman lenders

 

5. CIB : Jeremy Pilcher('unofficial'-consumer/company lawyer) : @ 0207 637 6231

__________________

File YOUR 'Companies Investigation Branch'- CIB complaint online NOW!!!!

 

http://www.insolvency.gov.uk/complaintformcib.htm

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Right I start this by saying I made a mistake!

5 years and 11 months ago I took out a loan of £750 to buy my ex partner a cheap car to travel back and for to work. Soon after (about 2 payments worth) I lost my job and couldnt afford to pay. I was told over the telephone and I remember this clearly even though its 5 years later "if you dont make a payment straight away WE WILL RUIN YOUR CREDIT RATING and YOU WILL NEVER BE ACCEPTED FOR CREDIT AGAIN". Litterally it was said like that. I was really upset by this and decided to cut off contact and wait for a court date because I felt that our relationship broke down. (yes I was young and stupid). I have had a few letters and ignored them (yes again stupid). Nearly 6 years later Im recieving contact from a collections agency saying that I owe £1500.82, and if i dont pay straight away they'll take me to court to recoup the money. So a £750 loan has turned into £1500.82.

 

Im happy to pay what I owe, im now financially stable, but cant afford to pay it in full. But I dont think 100% more than what I borrowed is fair.

 

1. Would a court allow a credit company to gain 100% on the origional loan.

2. Why after such a long time has this resurfaced. Why are they making contact now?

3. Does anyone have any advice on what my next course of action is?

I dont have a copy of my credit agreement, so dont know what ive signed into.

 

It seems like their charging me around £50 per letter and this is continuing even though its with a debt collection agency. If someone knows where i stand Id really like some advice.

 

Yes I made a mistake. I was young and stupid. Ive managed to pay off all the debts I owe apart from this one, and this is the only default I have. I have no CCJs.

 

Please can anyone help?:-?

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hi Samie

 

do not ring or speak to anyone from welcome, until you have more help from this site, i cannot say for sure, but i would guess that because the debt is approaching the 6 year mark,and welcome car finance are no more, they are trying it on..one last time with you!! the 6 year mark is of significance to you, search this site as i am sure that you will find more information on this...

but in the meantime, someone with more knowledge will be along shortly to offer advice.

 

b-o-2

ANYBODY WHO NEEDS INFO ON YOUR LEHMANS MORTGAGE

either SPML/PML/LMC/SPPL; the following are DIRECT tel#s,

of the investigating & prosecuting organisations: DONOT say you are from CAG-only directly affected or a concerned citizen.

 

1. Companies House: Kevin Hughes(Compliance Manager-main) @ 02920 380 633

2. CH : Lee Jenkins(prosecuting Amany Attia(MD) for SPML/PML) @ 02920 380 643

3. CH : Mark Youde(accounts compliance) @ 02920 380 955

 

4. Companies Investigation Branch(CIB) : Charlotte Allan @ 0207 596 6108

(part of the Insolvency Service) investigating all the Lehman lenders

 

5. CIB : Jeremy Pilcher('unofficial'-consumer/company lawyer) : @ 0207 637 6231

__________________

File YOUR 'Companies Investigation Branch'- CIB complaint online NOW!!!!

 

http://www.insolvency.gov.uk/complaintformcib.htm

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Hi Brassed Off.

 

Thanks for your advice. I wondered whether its comming upto being statute barred. A friend in work advised me of it. The thing that concerns me is these Ruthbridge Collections Agencys were really forcefull on the phone.

 

And the letter they've sent was filled with lots of technical jargon about how my belongings could be taken to pay for the debt. Its designed to scare me I have no doubt, as I know that only a court bailiff can take goods.

 

So whats happened to Welcome?

So What happens to the debt?

How do I get it cleared from my Exeperian report?

Welcome finance have the default date as 2 years after I stopped paying. How can that be. It means its gonna show on my record for another 2 years until 2011!

How do I get this edited?

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New court date recieved - round 3 on it's way!!

 

Oh and a seperate round one will be on it's way shortly - they're not gonna see this one coming!!

 

Messed with the wrong lady Welcome - assault on all fronts now!!

 

Yo won't know it's hit you til your on your ass wondering what the hell happened :)

 

:lol::lol::lol: You go Andie - Just make sure Mr P's very expensive bargain bucket Primark suit is not ruined in the process !!!

Forsure

 

** One woman crusade against the rip off lenders ! **

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Hi

 

Can some one help me as to what will happen next in my case, my solicitor sent a letter before action with a 21 day clause in it which is up on Tuesday 2nd June. If Welcome do not respond what happens next and how much longer can they string it out?

 

Also as Cattles are likely to go bust on the 1st of July does that mean I have lost all hope of getting me PPI compensation at all?

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Hi

 

Can some one help me as to what will happen next in my case, my solicitor sent a letter before action with a 21 day clause in it which is up on Tuesday 2nd June. If Welcome do not respond what happens next and how much longer can they string it out?

 

Also as Cattles are likely to go bust on the 1st of July does that mean I have lost all hope of getting me PPI compensation at all?

 

Hi

 

I was wondering the same about the PPI thing as nmy complaint is currently with the FOS, but Im sure someone with more knowledge in this field will be along soon to help :D

Forsure

 

** One woman crusade against the rip off lenders ! **

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Right I start this by saying I made a mistake!

5 years and 11 months ago I took out a loan of £750 to buy my ex partner a cheap car to travel back and for to work. Soon after (about 2 payments worth) I lost my job and couldnt afford to pay. I was told over the telephone and I remember this clearly even though its 5 years later "if you dont make a payment straight away WE WILL RUIN YOUR CREDIT RATING and YOU WILL NEVER BE ACCEPTED FOR CREDIT AGAIN". Litterally it was said like that. I was really upset by this and decided to cut off contact and wait for a court date because I felt that our relationship broke down. (yes I was young and stupid). I have had a few letters and ignored them (yes again stupid). Nearly 6 years later Im recieving contact from a collections agency saying that I owe £1500.82, and if i dont pay straight away they'll take me to court to recoup the money. So a £750 loan has turned into £1500.82.

 

Im happy to pay what I owe, im now financially stable, but cant afford to pay it in full. But I dont think 100% more than what I borrowed is fair.

 

1. Would a court allow a credit company to gain 100% on the origional loan.

2. Why after such a long time has this resurfaced. Why are they making contact now?

3. Does anyone have any advice on what my next course of action is?

I dont have a copy of my credit agreement, so dont know what ive signed into.

 

It seems like their charging me around £50 per letter and this is continuing even though its with a debt collection agency. If someone knows where i stand Id really like some advice.

 

Yes I made a mistake. I was young and stupid. Ive managed to pay off all the debts I owe apart from this one, and this is the only default I have. I have no CCJs.

 

Please can anyone help?:-?

 

Hi Sammie

 

The reason they are suddenly contacting you as after 6 years this will go statute barred drop off your credit file and will not be able to be collected through court means.

 

How long ago did you make your last payment??

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Hi

 

Can some one help me as to what will happen next in my case, my solicitor sent a letter before action with a 21 day clause in it which is up on Tuesday 2nd June. If Welcome do not respond what happens next and how much longer can they string it out?

 

Also as Cattles are likely to go bust on the 1st of July does that mean I have lost all hope of getting me PPI compensation at all?

 

No Cattles will not go bust - and even if they did as long as you get your action started the liability will move on to the new owners so I am led to believe.

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77A Statements to be provided in relation to fixed-sum credit agreements

(1) The creditor under a regulated agreement for fixed-sum credit—

(a) shall, within the period of one year beginning with the day after the day on which the agreement is made, give the debtor a statement under this section; and

(b) after the giving of that statement, shall give the debtor further statements under this section at intervals of not more than one year.

(2) Regulations may make provision about the form and content of statements under this section.

(3) The debtor shall have no liability to pay any sum in connection with the preparation or the giving to him of a statement under this section.

(4) The creditor is not required to give the debtor any statement under this section once the following conditions are satisfied—

(a) that there is no sum payable under the agreement by the debtor; and

(b) that there is no sum which will or may become so payable.

(5) Subsection (6) applies if at a time before the conditions mentioned in subsection (4) are satisfied the creditor fails to give the debtor—

(a) a statement under this section within the period mentioned in subsection (1)(a); or

(b) such a statement within the period of one year beginning with the day after the day on which such a statement was last given to him.

(6) Where this subsection applies in relation to a failure to give a statement under this section to the debtor—

(a) the creditor shall not be entitled to enforce the agreement during the period of non-compliance;

(b) the debtor shall have no liability to pay any sum of interest to the extent calculated by reference to the period of non-compliance or to any part of it; and

© the debtor shall have no liability to pay any default sum which (apart from this paragraph)—

(i) would have become payable during the period of non-compliance; or

(ii) would have become payable after the end of that period in connection with a breach of the agreement which occurs during that period (whether or not the breach continues after the end of that period).

(7) In this section ‘the period of non-compliance’ means, in relation to a failure to give a statement under this section to the debtor, the period which—

(a) begins immediately after the end of the period mentioned in paragraph (a) or (as the case may be) paragraph (b) of subsection (5); and

(b) ends at the end of the day on which the statement is given to the debtor or on which the conditions mentioned in subsection (4) are satisfied, whichever is earlier.

(8) This section does not apply in relation to a non-commercial agreement or to a small agreement.”

 

I think this has been mentioned in the past but i have a fixed sum agreement and have never received a stetement so according to this section of "CCA 1974 revised 2006" the debt cannot not be enforced. I know that a statement can be produced but again a blatant breach of the law by welcome and they seem to be getting away with it.

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