onesteptoofar UE Diary

[onesteptoofar]

Re: onesteptoofar UE Diary

Lloyds Account
Commenced pre-1998
Outstanding balance -2800
Token 1 pound payments made since end 2009
ACCOUNT HAD NOT YET DEFAULTED in Sept 2010, i have not checked if it has since this date
DCA - Moorcroft

Last payment made - token 1 pound payments ceased in Sept 2010.

Last correspondence I sent:

Threat by Creditor - To Commence Litigation

followed by...

Harassment & Threat of Doorstep-Visit

I have now received two more letters from Moorcroft. The first writes ....to confirm we require a monthly repayment proposal you can afford and maintain, to enable us to assist you further....

The second writes...thankyou for your letter requesting a copy of your credit agreement. Please note some accounts are excluded from compliance with Part V of the consumer credit act or not in fact credit or hire agreements and we believe that our clients account falls into one of these categories...require immediate payment of the sum outstanding ...or realistic proposals for repayment...

The second letter is hand signed. As this was an account overdraft do they have a point? Next step?

[Deepie]

Re: onesteptoofar UE Diary

I have now received two more letters from Moorcroft. The first writes ....to confirm we require a monthly repayment proposal you can afford and maintain, to enable us to assist you further....

The second writes...thankyou for your letter requesting a copy of your credit agreement. Please note some accounts are excluded from compliance with Part V of the consumer credit act or not in fact credit or hire agreements and we believe that our clients account falls into one of these categories...require immediate payment of the sum outstanding ...or realistic proposals for repayment...

The second letter is hand signed. As this was an account overdraft do they have a point? Next step?

Overdraft's are exempt from CCA I would just ignore for the mo see what they send next

[onesteptoofar]

Re: onesteptoofar UE Diary

Update:
Lloyds Loan - 20k - Taken July 2005
Enforceable CCA - Niddy checked
Outstanding balance - 7500
Last full payment made - June 2009
Token 1 pound payments made to relevant DCA's Oct 09-Present
Default - Nov 2009
DCA - The latest DCA was Credit Security Limited, then back with Lloyds themselves...now appears back with Credit Security Limited

Have not made any token £1 payments since Sept 2010. No response to my offer of f+f made in Sept '10.
Current Status - Last letter they received from me - Threat of Legal Action & Refusal of Doorstep Visit

Letter received from Credit Security Limited writes....we write further to your recent communication and have pleasure in enclosing a statement of account. We trust the position has now been clarified and require a payment and settlement proposal within 7 days in order to resolve this matter without further delay..."

Included with the letter are printouts of the account statements from a screen shot detailing repayments made and balance outstanding.

Amount repaid to date over 17k!! It also has an entry where you can see "write off written next to the final three credits from 2009!

Any advice on my next step?

[Pixie]

Re: onesteptoofar UE Diary

Hi onesteptoofar

Overdrafts are exempt from CCA1974.

As for next steps , you're probably better waiting until Niddy comes along but I would guess that your options are 1)arrange to make payments 2)blagging it 3) keep you fingers crossed that it gets sold on so that you can make a F&F payment 4) let them take you to court and obtain a ccj.

[Pixie]

Re: onesteptoofar UE Diary

You got in before me in2deep. I had to answer the phone in the middle of replying.

[Deepie]

Re: onesteptoofar UE Diary

Letter received from Credit Security Limited writes....we write further to your recent communication and have pleasure in enclosing a statement of account. We trust the position has now been clarified and require a payment and settlement proposal within 7 days in order to resolve this matter without further delay..."

Included with the letter are printouts of the account statements from a screen shot detailing repayments made and balance outstanding.

Amount repaid to date over 17k!! It also has an entry where you can see "write off written next to the final three credits from 2009!

Any advice on my next step?

Niddy is best to advice on this one

[Deepie]

Re: onesteptoofar UE Diary

You got in before me in2deep. I had to answer the phone in the middle of replying.

Any excuse

[Never-In-Doubt]

Re: onesteptoofar UE Diary

Letter received from Credit Security Limited writes....we write further to your recent communication and have pleasure in enclosing a statement of account. We trust the position has now been clarified and require a payment and settlement proposal within 7 days in order to resolve this matter without further delay..."

Included with the letter are printouts of the account statements from a screen shot detailing repayments made and balance outstanding.

Amount repaid to date over 17k!! It also has an entry where you can see "write off written next to the final three credits from 2009!

Any advice on my next step?

Are you still able to make a F&F if things get nasty or happy to continue waiting....?

[onesteptoofar]

Re: onesteptoofar UE Diary

Are you still able to make a F&F if things get nasty or happy to continue waiting....?

Hi Niddy,

I'm still happy to continue waiting but equally able to go down the f+f route if things get awkward.

Happy to listen to your advice and trust your judgement.

I've come this far!

onesteptoofar

[onesteptoofar]

Re: onesteptoofar UE Diary

loyds Account
Commenced pre-1998
Outstanding balance -2800
Token 1 pound payments made since end 2009
ACCOUNT HAD NOT YET DEFAULTED in Sept 2010, i have not checked if it has since this date
DCA - Moorcroft

Last payment made - token 1 pound payments ceased in Sept 2010.

Last correspondence I sent:

Threat by Creditor - To Commence Litigation

followed by...

Harassment & Threat of Doorstep-Visit

In addition to the two letters received from Moorcroft detailed at the top of this page i have received another today..

I feel like a popstar with all these fanmails from them!

Discount Offer...

"disappointed that despite numerous attempts to contact me so agreement has been reached....in one last attempt to come to an arrangement to prevent the possibility of court action being recommended our cleint has informed us they may be able to offer a substantial discount from the outstanding balance.....within the next 14 days...we will not pursue the remaining balance of the debt..."

Any ideas on this or any of this weeks Moorcroft gems?

[Never-In-Doubt]

Re: onesteptoofar UE Diary

Hi Niddy,

I'm still happy to continue waiting but equally able to go down the f+f route if things get awkward.

Happy to listen to your advice and trust your judgement.

I've come this far!

onesteptoofar

Ok, thanks for clarifying - based on your reply, send them this yea: Final Response - Unenforceability (CCA Received)

[Never-In-Doubt]

Re: onesteptoofar UE Diary

In addition to the two letters received from Moorcroft detailed at the top of this page i have received another today..

I feel like a popstar with all these fanmails from them!

Discount Offer...

"disappointed that despite numerous attempts to contact me so agreement has been reached....in one last attempt to come to an arrangement to prevent the possibility of court action being recommended our cleint has informed us they may be able to offer a substantial discount from the outstanding balance.....within the next 14 days...we will not pursue the remaining balance of the debt..."

Any ideas on this or any of this weeks Moorcroft gems?

Well we could go in with a silly offer of say £300 - or as above, send one of these: Final Response - Unenforceability (CCA Received)

Up to you really, let us know.....

[Never-In-Doubt]

Re: onesteptoofar UE Diary

Amount repaid to date over 17k!! It also has an entry where you can see "write off written next to the final three credits from 2009!

What is the write off figure, out of interest?

[onesteptoofar]

Re: onesteptoofar UE Diary

What is the write off figure, out of interest?

Hi Niddy,

The transactions crediting on the statement have two different abbreviations. I have rounded each to a nearby number. The balance starts at £7500 but ends at £0 after these transactions:

WRT £6500
WARR £1000

Both transactions have a comment "write off..." The ... comments are there as the page cuts off on my printout! grrr

At a guess could one be a write off amount, and the other the amount the debt was sold for??

There is another transaction debiting £28.07, this also has a comment "write off..." This one comes under "INDV"

[onesteptoofar]

Re: onesteptoofar UE Diary

Well we could go in with a silly offer of say £300 - or as above, send one of these: Final Response - Unenforceability (CCA Received)

Up to you really, let us know.....

Letter posted. Thanks Niddy