The Consumer Credit (Enforcement, Default and Termination Notices) Regulations 1983

[CAPS ESC]

The Consumer Credit (Enforcement, Default and Termination Notices) Regulations 1983

Legislation.gov.uk

web page. The Whole Instrument

http://www.legislation.gov.uk/uksi/1983/1561/made
or
http://legislation.data.gov.uk/uksi/....htm?wrap=true

pdf. The Whole Instrument

http://www.legislation.gov.uk/uksi/1.../made/data.pdf

[Enforcer]

Re: The Consumer Credit (Enforcement, Default and Termination Notices) Regulations 1983

Ok. Have gone through this. Question?
Does a Formal Demand for Payment mean that the OC has effectively terminated the agreement?

[Never-In-Doubt]

Re: The Consumer Credit (Enforcement, Default and Termination Notices) Regulations 1983

Nope.... not by a long shot

[Enforcer]

Re: The Consumer Credit (Enforcement, Default and Termination Notices) Regulations 1983

Ok. Thanks.
Now if the Original Creditor has marked your account as "charged off". Does this amount to termination of the agreement?

[Never-In-Doubt]

Re: The Consumer Credit (Enforcement, Default and Termination Notices) Regulations 1983

Yes you'd think so.

[Enforcer]

Re: The Consumer Credit (Enforcement, Default and Termination Notices) Regulations 1983

I have been thinking about this all day.
If the account is charged off, on the back of 2 defective default agreements.
Where does this leave the original creditor?

[Paul.]

Re: The Consumer Credit (Enforcement, Default and Termination Notices) Regulations 1983

I have been thinking about this all day.
If the account is charged off, on the back of 2 defective default agreements.
Where does this leave the original creditor?

with a charged off account and two crap defaults id say

[Enforcer]

Re: The Consumer Credit (Enforcement, Default and Termination Notices) Regulations 1983

Thanks Paul, from your comment, do I take it that they have effectively lost.

[gravytrain]

Re: The Consumer Credit (Enforcement, Default and Termination Notices) Regulations 1983

What kind of loan was this ? Credit card, fixed sum ?

[Enforcer]

Re: The Consumer Credit (Enforcement, Default and Termination Notices) Regulations 1983

Barclaycard. Credit Card.

[gravytrain]

Re: The Consumer Credit (Enforcement, Default and Termination Notices) Regulations 1983

Then they need to issue a valid DN before they can terminate and enforce on default.

[Enforcer]

Re: The Consumer Credit (Enforcement, Default and Termination Notices) Regulations 1983

According to Barclaycard, and I quote.

You claim that the default notices issued to you were defective as the default notice was served under section 87 (i) as opposed to section 87 (1). May I explain that the i signifies roman numerals and as such indicates a number 1. I am therefore, unable to agree with your claim.

Comments please.

[Never-In-Doubt]

Re: The Consumer Credit (Enforcement, Default and Termination Notices) Regulations 1983

According to Barclaycard, and I quote.

You claim that the default notices issued to you were defective as the default notice was served under section 87 (i) as opposed to section 87 (1). May I explain that the i signifies roman numerals and as such indicates a number 1. I am therefore, unable to agree with your claim.

Comments please.

If the DN itself actually has the wrong wording then it's invalid as there is a preset style and the terms are s.87(1) - not s.87(i) - huge difference.

There is no s.87(i) act - not within CCA1974 anyway. In fact I don't think there is s.87(i) across any formal legislation....

[Enforcer]

Re: The Consumer Credit (Enforcement, Default and Termination Notices) Regulations 1983

Thank you Niddy.
I have printed off the Consumer Credit (Enforcement, Default and Termination Notices) Regulations 1983. Statutory Instruments. 1983 No. 1561, Consumer Credit.

I will send a copy to Gemma Anderton at Barclaycard. I will also ask her to point out the section that says an i can be substituted for the roman numeral 1.

[Never-In-Doubt]

Re: The Consumer Credit (Enforcement, Default and Termination Notices) Regulations 1983

Thank you Niddy.
I have printed off the Consumer Credit (Enforcement, Default and Termination Notices) Regulations 1983. Statutory Instruments. 1983 No. 1561, Consumer Credit.

I will send a copy to Gemma Anderton at Barclaycard. I will also ask her to point out the section that says an i can be substituted for the roman numeral 1.

Quite.....

Thing is there is no Act that supports s.87(i). So when you searched for it, upon receiving the DN you got confused as it linked you to a version of the Afrikaans Road Traffic Act.