onesteptoofar UE Diary

[Undercover Elsa]

Re: onesteptoofar UE Diary

No there's no fee for templates (that's just a token payment for access to the secure Legal Claims area, for security purposes to prove ID)

Just register with exactly the same user ID, password and email address you use for the forums. Then remember to activate it by clicking the link in the acknowledgement email you will get

[cymruambyth]

Re: onesteptoofar UE Diary

Yes you need to re register using your same log in details as the ones to this site. If I remember it's a 99p donation via PayPal for verification.

[onesteptoofar]

Re: onesteptoofar UE Diary

thanks Deepie, much appreciated

I tried following the link, do you need a seperate login for the templates nowadays?

[Deepie]

Re: onesteptoofar UE Diary

'Notice of intended legal action' received
...the full amount is now due and you are required to pay MKDP LLP. This letter constitutes a formal demand for payment....this letter requires your immediate attention. Unless full payment or a suitable payment plan is agreed within 14 days from date of this letter legal action to recover the debt may be taken against you without further warning and your liability for costs may increase'

Anything for me to send? This one seems serious...2 more years until it would have been statute barred....

• ------------ >Formal Letter Before Action Response

[onesteptoofar]

Re: onesteptoofar UE Diary

Nationwide Loan - 20k - Taken Sept 04
Enforceable CCA - Niddy checked
Outstanding balance - 7500
Default - Feb 2010
Last full payment made - August 2009
Token 1 pound payments made until Sept '10 when i stopped all payments.
DCA - MKDP
Last correspondence - I sent an account sold in dispute letter to MKDP (sent sometime in 2013)
Sept '14 Letter received from MKDP by recorded delivery, including a copy of my signed CCA (previously checked by Niddy).

'Notice of intended legal action' received
...the full amount is now due and you are required to pay MKDP LLP. This letter constitutes a formal demand for payment....this letter requires your immediate attention. Unless full payment or a suitable payment plan is agreed within 14 days from date of this letter legal action to recover the debt may be taken against you without further warning and your liability for costs may increase'

Anything for me to send? This one seems serious...2 more years until it would have been statute barred....

[MrsD]

Re: onesteptoofar UE Diary

is it exactly the same?, I'd pop it off to Niddy for a wee look

[onesteptoofar]

Re: onesteptoofar UE Diary

Nationwide Loan - 20k - Taken Sept 04
Enforceable CCA - Niddy checked
Outstanding balance - 7500
Default - Feb 2010
Last full payment made - August 2009
Token 1 pound payments made until Sept '10 when i stopped all payments.
DCA - MKDP
Last correspondence - I sent an account sold in dispute letter to MKDP.
Letters received from MKDP apologising they are unable to resolve my query at this time and are liaising with the original creditor...

Like buses, nothing received for months then i receive two in quick succession

Letter received from MKDP by recorded delivery, including a copy of my signed CCA (as checked by Niddy). 4 years since i last made a token payment

I'll sit tight for now...

[PlanB]

Re: onesteptoofar UE Diary

The letter from Capquest was simply 'please find enclosed your CCA'. There is nothing in there asking for any contact or demanding any payment at this stage.

. . . The float did happen and i did manage to tuck away some cash by investing through friends/family, so i still have no assets or cash savings whatsoever.

Ah ha. So you may have access to cash through "friends and family" in an emergency situation such as a county court summons

If Capquest's letter isn't asking you for any money or repayment proposals then maybe you can afford to go a little closer to the wire before you crack and pay the buggers with a F & F offer. That's your decision of course.

I wonder what their next letter will say and whether you can reply with anything to challenge it. Did their last letter say something along the lines of "we have now fulfilled your s.78 CCA request?

You're playing poker at this stage but keep your eye on the ball and read between the lines of every letter you get from them so you don't get caught unawares.

[onesteptoofar]

Re: onesteptoofar UE Diary

Hi Plan B, thanks for the reply.

The letter from Capquest was simply 'please find enclosed your CCA'. There is nothing in there asking for any contact or demanding any payment at this stage.

Regards the charges i would need to revisit my records but from memory most of these were on a credit card from lloyds as opposed this loan.

The float did happen and i did manage to tuck away some cash by investing through friends/family, so i still have no assets or cash savings whatsoever.

I will await their next response and post it on here.

onesteptoofar

[PlanB]

Re: onesteptoofar UE Diary

7500 outstanding... what would be a fair offer as full and final?

Lloyds Loan - 7500, currently paying 1 pound per month. . . . Have sent an offer for 1820 but expecting this to be refused (offer of 1300 was refused 4 months ago).

. . . . Are there any templates out there to negotiate based on the outstanding balances being made up of excessive charges / interest in the case of Lloyds?

. . . I worked for a company previously and through a save as you earn scheme have acquired shares which in theory are worth over 50k. However, as the company is still privately owned the shares are simply a certificate which cant be bought/sold until the company eventually floats.

My issue is that unless i can settle up my debts prior to the company float, debters would expect the full payments for outstanding balances....

The aim > To settle the debts asap through f+f's for as little as possible whilst i am in my current situation. Essentially unemployed and skint....but potentially with a large lump sum when/if the company floats.

I've not read all through your diary but I have gone back to your first post in 2010. At that point you seemed to think that most of the £7,500 was made up of unfair interest and charges. Did you ever explore that issue? Surely if they were unfair then they'll still be unfair now wouldn't they?

I also see you were expecting a windfall of around £50k from shares in a company when it floats. Did that happen or is it on the horizon soon?

What was the last paragraph of Capquest's letter which came with your CCA last week? Is it threatening anything or simply asking you for repayment proposals? It would be helpful to establish the sense of urgency before you make a F & F offer.

[Never-In-Doubt]

Re: onesteptoofar UE Diary

What can you afford seems more appropriate....

[onesteptoofar]

Re: onesteptoofar UE Diary

7500 outstanding... what would be a fair offer as full and final?

[Pixie]

Re: onesteptoofar UE Diary

What a bummer! CapQuest are a lot worse than they used to be...see these quotes from Niddy:

Yes. Sorry I missed yours. If other AADers get an assignment from CQ ask them to send a new s.78 / s.77 direct to CQ as soon as poss. They will issue a claim, they're proper bad

Their "Fresh Approach" and management changes forced their hand. They're scum like Lowell now.

See this -> http://www.capquest.co.uk

bragging about a new approach grrrrrr

It might be time to start thinking about offering payments...but only what you can afford.

[onesteptoofar]

Re: onesteptoofar UE Diary

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 until Sept 2010
Default - Nov 2009
DCA - Capquest
Last correspondence - I sent Capquest an account sold in dispute letter

Signed & Enforceable LLoyds CCA (checked by Niddy) has been received from Capquest

Any advice on my next step? Doesn't become statute barred until Sept '16

[onesteptoofar]

Re: onesteptoofar UE Diary

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 until Sept 2010
Default - Nov 2009
DCA - Capquest
Last correspondence - I sent Capquest an account sold in dispute letter

Quick update on this one. Three letters received from Capquest

- letter confirming my request for a CCA has been received and passed to the relevant dept
- letter replying to my one liner letter (after they ignored a previous CCA request) denying they had received a CCA request, requesting i send another copy
- letter confirming my request for a CCA has been received and passed to the relevant dept

Sitting tight to see what happens next.