Getting myself out of debt

[debrag]

My guess, and until you get something in writing it is a guess ,
The account may well have been sold on , possibly to cabot (hopefully Cabot Financial (UK) )
If it has been sold you will probably get a new entry on your credit report from the new owners but the default date MUST be the same

If it has been sold, wait and see what they want to do - it might be send a S77 request but don't do anything just yet

Just checked my updated Noddle report and the loan is still open on there but closed on Clearscore

[debrag]

Debt 4 JD WIlliams

Opened:	June 2013
Type:	Catalogue
Current Balance:	£1740
Last payment:	£1.00 | July 2018
Last fill payment:	December 2017
Arrangement:	DMP till May 2018
Status:	Late payment on credit report
Owner:	JD Williams

2018
March - Payment arrangement confirmation for Payplan's DMP, not longer using them.
July - Received arrears letter and fact sheet from FCA
August - Received letter stating they haven't received payment from Payplan etc etc I have an overdue payment of £78.16. Will it carry on like this forever or will they eventually default?
August - Payplan agreement finally cancelled by JD Williams
October - Default noticed recieved

Finally received a default notice in the post and my credit limit is now £0.

[The Tech Clerk]

date of notice and rectification date??

[Roger]

Finally received a default notice in the post and my credit limit is now £0.

Well the purpose of the default Notice is so that if you pay up what is outstanding the account can continue.
You are given a period to comply before the A/c is closed.
Now if the credit limit is £0 that means they have closed the A/c at the same time as sending the default notice!!
I am not a lawyer but I should file that away very carefully.

[Joanna Connolly Solicitors]

Finally received a default notice in the post and my credit limit is now £0.

Do you mean your credit limit is £0 (because they've reduced it which they may be able to do just like they can increase a credit limit) or do you mean the outstanding balance is £0?

Di

[Roger]

If the Debtor repairs the Default Notice (missed payments) then the Debtor can continue to draw Credit (The Agreement) however if the credit limit is 0 this means the whole outstanding debt is due.
Suspended or Terminated?

[debrag]

Do you mean your credit limit is £0 (because they've reduced it which they may be able to do just like they can increase a credit limit) or do you mean the outstanding balance is £0?

Di

I mean limit is zero as I said, balance is £1742.18.

Well the purpose of the default Notice is so that if you pay up what is outstanding the account can continue.
You are given a period to comply before the A/c is closed.
Now if the credit limit is £0 that means they have closed the A/c at the same time as sending the default notice!!
I am not a lawyer but I should file that away very carefully.

Recieved notice of assignment letter from JD Williams, stating that one of the following companies Lowell Group Ltd or Intrum UK Finance Limited may acquire the account, within the next 4 to 8 weeks.

Still a waiting game then.

[debrag]

date of notice and rectification date??

Date of letter is 18th September 2018

[The Tech Clerk]

pay by date?

[The Tech Clerk]

Sold Debt to Lowells no doubt so their account would show Zero, CRA default would show original default date but

[Joanna Connolly Solicitors]

Recieved notice of assignment letter from JD Williams, stating that one of the following companies Lowell Group Ltd or Intrum UK Finance Limited may acquire the account, within the next 4 to 8 weeks.

That's a curious letter.

A Notice of Assignment must tell you exactly who the account has been assigned to, and on what specific date.

From what you say you've received a letter which more or less says no decision has yet been agreed as to which business will be purchasing your account sometime in the next month or so.

Thank you for clarifying that there is still an outstanding balance which suggests the account has not yet been terminated.

Di

[The Tech Clerk]

probably another new idea hoping you act to try and stop it, but the usual May/Ifs come to mind????

[debrag]

pay by date?

21 days from date of letter so this week.

[The Tech Clerk]

Diana Mayhew

[debrag]

Debt 12 QQ

Opened:	January 2012
Type:	PDL
Current Balance:	£481
Last payment:	£1.00 | February 2016
Last fill payment:	£110 | February 2012
Arrangement:	None
Status:	Default | off credit report
Owner:	Lantern

Fell of credit report May 2018, MMF/Lantern send email January 2018, payment set up for £2 a month, last payment June 2018, SAR letter sent, received all documentation including a breakdown and CCA. Full payment was £722 as stated in the CCA but on account info in SAR letter interest is £590, so that's £368 in extra charges . Have paid Lantern £8.

2012
Email tennis - notice of overdue payment, payment plan offer, unable to afford payments
Email - notice of formal complaint, payment plan offered by QQ, ignored
Email - debt referral - ARC

2015
Back to QQ
Balance recieved via email - balance 695, 170 received from ARC - £499 in default
Overdue payment emails

2016
Overdue payment emails
Loan balance requested - nothing received

2017
Overdue payment emails - only 2 this time
Notice of sale

2018
Notice of assignment - MMF
Repayment plan confirmation
Fell off credit report
SAR sent + documents received
Repayment plan closed by me
August - Received response about my irresponsible lending claim and it was too long ago now.
September - starting to receive calls, no letters or emails

Been receiving automated phone calls which have gone to voice mail but no mail so far.