Getting myself out of debt

[Pat]

Just a few observations
1) A NOSIA is, if I am correct, sent long before a S87(1) DN so do not think that makes a difference
2) Rolling credit is essentially the same as a credit card. Back in the day HSBC used to run a rolling current account, much like an overdraft today. The more you paid off the mod you could access the funds.
3) It is important to know who sent the default notice. I suspect it is speedy credit or their parent company, could you confirm?
4) The limitations Act applies a limit of 6 years from the cause of action, with a few exceptions.
5) As I said earlier and Roger agreed with, it is likely the debt will be sold on so be on the ball.

I managed to see off many PDL companies and debt purchasers, it’s not necessarily easy but can be done. This is in effect a PDL in another wrapper.

[Roger]

No 2 debts are the same which is why the Diary is so important Roger has just set out what he is seeing and commenting on possible issues.
Rolling Credit A/c's have proven to be UE its all in the Diaries!

LOOK the Account was opened October 2017 payments stopped Sept 2019 - to me this looks like an Old Debt(s) being paid of.
Hence my question was this used to pay of an existing OLD DEBT because if the Old Debt was UE then this is just dressing a turd!
See a S.78 might be EN forcible BUT if its NOT NEW money the S.78 becomes only half the story!

I cannot comment on Pat never seen her Diaries.
Its clear Her really issues are against percieved lawyers fees.

Really pleased that AAD has worked for her but Legal Tactics ARE important
SILENCE is golden and there is ongoing and changing CASE Law
The Default Notice (CASE LAW) is currently the starting point for Statute BAR.
Here however the Debt has been reported to the CRA's there is a time limitation here but does it apply inthis CASE (I DON'T KNOW)

Dormant Account again I don't know with a Debit!
Why was there NO Default Notice?
Can this be rectified by an Agent (Receiver) ? DON'T KNOW whether there are precedents for this!

In short I DON'T know Whether this has only 2 plus years before it is Statute Bar on last payments and your SILENCE
or the clock has restarted with the DN.
I don't know whether it may be UE, because these Old rolling credit A/cs proved UE (see the Diaries)
Two many questions and I DON'T know the answers.

Just make Notes make certain that the Diary is up todate and you are doing so well. Come back here with any new developments for the moment SILENCE

[Pat]

No 2 debts are the same which is why the Diary is so important Roger has just set out what he is seeing and commenting on possible issues.
Rolling Credit A/c's have proven to be UE its all in the Diaries!

LOOK the Account was opened October 2017 payments stopped Sept 2019 - to me this looks like an Old Debt(s) being paid of.
Hence my question was this used to pay of an existing OLD DEBT because if the Old Debt was UE then this is just dressing a turd!
See a S.78 might be EN forcible BUT if its NOT NEW money the S.78 becomes only half the story!

I cannot comment on Pat never seen her Diaries.
Its clear Her

oh Roger you do make me laugh with your incoherent ramblings. Isn’t talking about oneself in the third person a sign of something? How very heteronormative and binary you are!

just for the record, in the right circumstances it is only pragmatic to instruct a lawyer but it was a litigation executive who told me for a debt of £1500 it was not worth instructing them. Let’s look at JLS oops I mean JCS , £600 for a defence and another £420 for representation. That’s over £1000 for a £1250 debt and no guarantee of a win. However for a £23000 debt, go for it.

I am only trying to help the OP. Yes keep records they will be good. You however insist on a public diary and we know claimants have used comments made on forums ( or fora for those taught Latin), a funny thing happened on the way to the forum.

im here to help the OP not stroke your ego

[Roger]

oh Roger you do make me laugh with your incoherent ramblings. Isn’t talking about oneself in the third person a sign of something? How very heteronormative and binary you are!

just for the record, in the right circumstances it is only pragmatic to instruct a lawyer but it was a litigation executive who told me for a debt of £1500 it was not worth instructing them. Let’s look at JLS oops I mean JCS , £600 for a defence and another £420 for representation. That’s over £1000 for a £1250 debt and no guarantee of a win. However for a £23000 debt, go for it.

I am only trying to help the OP. Yes keep records they will be good. You however insist on a public diary and we know claimants have used comments made on forums ( or fora for those taught Latin), a funny thing happened on the way to the forum.

im here to help the OP not stroke your ego

The treasure that is AAD is the shared experience of Diaries and advice.
Of treating with curtesy and sympathy those going through the trauma of Debt, often not of their own creation.
You will surely have noticed the request for Diary information that is a constant request, and the reluctance to give speculative suggestions.
I am very glad that I shared mine and others theirs.

Also I am very pleased that DCA's and others trawl AAD!
In fact I welcome this because my own experience is they know when their tactics have been discovered and how these can be defeated.
They very quickly identify the sources of stock letters and hence through experience adjust their tactics accordingly!
They know where to trawl through these stock Letters.

Here we are seeing a despicable tactic in NOT issuing a DN BUT reporting to CRA's a debt!
Deliberately NOT issuing of a Default Notice so that they can report to CRA's without a time limit!
Issuing a DN before selling to a DCA adds value to the sale of the Debt by giving the DCA's six years to badger and pester for a debt and yes the CRA's for a further six years.
Oh I do hope they read this.
It is a disgrace this tactic which means trashing a poor debtor Credit for what 3 years then adding a further 6 years!

Please DO NOT speak or write about JCS in this disgraceful way on this forum!

My own personal experience of JCS has been of a thoroughly Professional expertise. Always honest and pragmatic.
They offer to AAD this intial advice for free!
Well stands to reason that a good diary goes a long way adding real value to such advice when the facts are already set out in the Diary!

[Still Waving]

The treasure that is AAD is the shared experience of Diaries and advice.
Of treating with curtesy and sympathy those going through the trauma of Debt, often not of their own creation.
You will surely have noticed the request for Diary information that is a constant request, and the reluctance to give speculative suggestions.
I am very glad that I shared mine and others theirs.

Absolutely, and it is a process which has helped me and countless others over the years. Discovering AAD and the selfless help provided by the mods and other members changed my life immeasurably for the better. This is the reason why I am still here years after SB, to try to help others in a modest way.

As for those people who don't want to provide the anonymised diary information in the way that many others have in good faith - I can't help thinking that they are probably in the wrong place.

[The Tech Clerk]

Tainting our Solicitors will be deemed out right laddish, and will not be allowed, this is the last time of warning, if people do not like the way we have operated assistance where possible, then there are other sites to lambaste posters. this is not a debating site and over the many years is a system (sometimes changes with situations) it stays.

[Roger]

SafetyNet Credit are in Administration
The Administrator has sent a Default Notice

Now a Default Notice means the Account can be rectified which prevents it from being CLOSED!
But the Company is in Administration?
I AM NOT SUGGESTING debrag does RECTIFY this!

No two debts are the same and this one raises a number of issues beyond my knowledge and experience.
@Debrag is to be thanked for a good Diary!!! Precisely for ringing the alarm bells.

[Pat]

I do not want to highjack this thread but I need to make something abundantly clear. It is Roger’s incoherent rambling, use of capital letters and underlining which also makes his posts inaccessible to people with cognitive differences.

Let’s get something straight. I am not being disrespectful of JCS ( by the way Roger you called them JLS so I was taking the micky out of you). I was quoting from their website- fixed fee from 600 and I think advocacy I.E representation in court 350 + VAT. If you have a large claim I would absolutely advocate using a lawyer but also remind people they have a choice. Yes take the free advice and act on it if you see fit.

Roger, can you point me to where it says the administrators sent the DN as opposed to Safetynet. The FCA page says the company is not issuing new loans but must follow other standards.

As for DCA reading this and other sites, that’s ok unless they can identify you because of dates and amounts. Also do we really want them to fix their mistakes? Each time they fix one, our arguments become harder.

I am fine with people posting truly anonymised diaries but do not agree with ‘ordering’ them to do it. Suggest in a friendly way such as- it would help if you could make a diary set out like this but make sure it is anonymised for example rounding up figures to the nearest 20 or 100 as appropriate.

[Roger]

Pat
Never-In-Doubt agreed special terms for AAD with JCS
PlanB worked for JCS
AAD have a special relationship here for which so many of us have benefited.

This is a small debt!
But the Diary reveals raises so many issues!

Its a been DORMANT since 2019 nearly four years! Plenty of DORMANT Credit accounts BUT this is a DORMANT Debit account
I do not know whether in CCA there is a time scale for when a DN should be issued!!!
There are rules for what must be done before it can be issued!

So why was the Default Notice not issued?

debrag would be close to 2 years Statute Barred BUT this reporting to Credit Agencies destroys His Credit and it seems without a determinable timescale.


So the Company goes into Adminstration. The Administrator acts as Agent.

Now can they issue a Default Notice in these circumstances?
Should they have not followed the prior procedures set out before issuing a Default Notice?
If the Default is rectified the account can't be closed! Then what?

To many questions and opinions won't help if this becomes toxic then at least debrag good Diary will help Him if he requires leagl advice with that FREE first consultation.

This ends here and now I don't have answers But I have lots of questions raised within this Diary

[Still Waving]

but make sure it is anonymised for example rounding up figures to the nearest 20 or 100 as appropriate.

It was always the case that it was suggested that figures be rounded (not necessarily as close as £20) and that dates be approximate. You do seem bent on continuing an argument for the sake of it.

[debrag]

by the ways I'm a her not a him

so basically wait till it should be over SB to raise anything.

[Pat]

by the ways I'm a her not a him

so basically wait till it should be over SB to raise anything.

If it were me I would wait and not say anything unless I were issued something like a letter of claim. I remember a blog post from a guy called Paul who said that while SB runs from a DN remedy date, having a long wait between defaulting and a DN being sent could be an unfair relationship. Paul by the way was involved in the infamous Santander v Mayhew.

[The Tech Clerk]

Brandon case! as one issued late then the owners may have trouble.

[The Tech Clerk]

If it were me I would wait and not say anything unless I were issued something like a letter of claim. I remember a blog post from a guy called Paul who said that while SB runs from a DN remedy date, having a long wait between defaulting and a DN being sent could be an unfair relationship. Paul by the way was involved in the infamous Santander v Mayhew.

Note:- Remember:- that was 2013 era! so many variations then and after., not all cases

but sit on hands for now.

[Timewilltell]

debrag it is your account, so ultimately you will need to make the decision, I have advised based on my experience of the so called ‘old way’ and it has worked for me.

I do find it somewhat comical that we are advised against responding to the DCA’s etc however are advised strongly to post all the information on what is predominately a public site. It doesn’t take a genius to work out who’s who and what’s what from a DCA perspective if they really wanted to?

so I’m my humble opinion the old way still works and if it does get too heavy for me then I’ll post my diary and call upon the likes of JCS for support, if the costs warrant it.

I can’t believe for one minute that if these DCA’s etc were so sure that they could actually obtain the funds from you via court that they wouldn’t be the first in the queue? So the fact they hide in the shadows tells me that anyone who stands up to them they will shy away.

only my opinion based on the evidence and experience with the support from past AAD approach.