onesteptoofar UE Diary

[onesteptoofar]

Re: Full and Final Settlement Letters

Lloyds Credit Card - Limit increased to 10k over the years - Taken July 05
Enforceable CCA - Niddy checked
Outstanding balance - 13500
Default - Nov 2009
Nothing paid since Sept 2009
DCA - Account has been passed from Lloyds > SCM > MHA > BLS > Debt Managers > Call Credit...but the last correspondence was from Lloyds - Account may have been passed back to them.

Current Status - Over 9k of the balance can be attributed to interest over the years and there are 465 worth of charges which i have never claimed back.

I can afford to make a f+f for upto 3300.

I'm not sure whether i should try and claim back charges to reduce the debt, or go straight for the f+f?

[onesteptoofar]

Re: Full and Final Settlement Letters

Ok, See how this looks ;K7

Just a reminder, I'm due a share windfall shortly, hence the eagerness to settle with f+f's asap.

I'm also currently unemployed but will be starting a job in the next couple of months.


Lloyds Credit Card - Limit increased to 10k over the years - Taken July 05
Enforceable CCA - Niddy checked
Outstanding balance - 13500
Default - Nov 2009
Nothing paid since Sept 2009
DCA - Account has been passed from Lloyds > SCM > MHA > BLS > Debt Managers > Call Credit...but the last correspondence was from Lloyds - Account may have been passed back to them.

Current Status - Over 9k of the balance can be attributed to interest over the years and there are 465 worth of charges which i have never claimed back.

I can afford to make a f+f for upto 3300.

I'm not sure whether i should try and claim back charges to reduce the debt, or go straight for the f+f?


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 have been made every month bar 2 since Sept 09
DCA - Wescot

Current Status - Wescot produced a CCA. Offered 1820 as a f+f, rejected. Wescot counter offered 5630. (Sept 2010). Will continue to make 1 pound token payments.

I wish to re-negotiate a f+f but the most i can possibly afford is around 2300. Is there a template i could use for this?


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 - Moorcroft

Current Status - Moorcroft have not produced a CCA themselves (their latest correspondence assures it is on its way from Lloyds). Offered 1820 as a f+f, no response. (Sept 2010)

I wish to negotiate a f+f but the most i can possibly afford is around 2300. Will continue to make token 1 pound payments and wait for a reply to my f+f offer.

Cahoot Loan - 9k - Taken July 2003
Outstanding balance - 9200
No CCA produced...but no contact either...so i'm not asking!
Last full payment made July 2008
Not paid anything since July 2008
No record on any credit file - Experian, CallCredit, Equifax
DCA - Last correspondence was received was from Debt Management and Recovery Services - Sept 08 "your account is being returned to Cahoot"

Current Status - No CCA produced. Waiting for "Statute Barred". ;-y

Lloyds Account
Commenced pre-1998
Outstanding balance -2800
Token 1 pound payments made since end 2009
ACCOUNT HAS NOT YET DEFAULTED
Lloyds / SCM Solicitors still own the account

Current Status - Aiming to default asap. Made token 1 pound payments in Sept 2010 but these will be the last. Offered a f+f for 1000 in Sept, awaiting reply.

[Never-In-Doubt]

Re: Full and Final Settlement Letters

I need it on here -lol.

I get around 300 emails a week, I get around double that in PM's (sadly enough) and I also look after the build of the forum, the build and maintenance of 2 new sites, I have my job to do plus I monitor and advise across all the UE threads and diaries (over 100) - I am sorry but reading exhausting emails is a no-go.

I have explained in the past how I need things to be laid out, if you cannot copy the style then I really cannot help - sorry but you don't understand what pressure I am under and any help is greatly appreciated.

See this - example of a PERFECT layout/thread/diary: viewtopic.php?f=49&t=9&p=6789#p6789

Thanks....

Niddy

[onesteptoofar]

Re: Full and Final Settlement Letters

Ok, I've re-sent my original email to you with the timeline for each debt, and the cca's

Let's take it from there

[Never-In-Doubt]

Re: Full and Final Settlement Letters

Hi

Ok, you REALLY need to start listing things for me in a legible manner and then we'll look at locking this thread and re-doing a new one cos I am totally confused as to why and what you're you're doing....

I need you to list each lender, what the status of the account is, the balance and a timeline of events to date - it is impossible for me to sit there and suggest you pay £3k into a debt that could well be unenforceable, it goes against all I believe in. Please, try to help me to help you - the rate you're going you'll throw away several thousand pounds - if you want to waste cash like that then feel free to join bet365 or click the donate button on here!

seriously, you need to sit back and think about things and list each account and then i'll help you work out what is best for each of the accounts.

[onesteptoofar]

Re: Full and Final Settlement Letters

Hi Niddy,

Hope you had a good weekend.

Wescot - Nationwide Loan - Outstanding balance 7500 - Offered 1820, rejected, Wescot have counter offered 5630. I cannot afford this, so ideally would like to reiterate my f+f offer, i can increase to maybe 2300 ish. Is there a template i could use for this?

Lloyds Credit Card - No reply from Call Credit as yet but i would like to make contact with Lloyds / Call Credit ideally to try and get the ball rolling on a f+f.

Outstanding balance 13500 - Over 9k of the balance can be attributed to interest over the years and there are 465 worth of charges which i have never claimed back.

I can afford to make a f+f for upto 3300.

I'm not sure whether i should try and claim back charges to reduce the debt, or go straight for the f+f?

[onesteptoofar]

Re: Full and Final Settlement Letters

Cool, I'll be around all day today.

Thanks again for taking the time to read.

[onesteptoofar]

Re: Full and Final Settlement Letters

Wescot - Nationwide Loan - 7500

Offered 1820 - rejected.

Wescot have counter-offered - 5630

I can afford 2300 this month.

Ideally i'd like to counter offer them, but i'm not sure if its better to counter-offer them now, or just write to say i'm unable to increase the f+f 1820 offer and will continue to make 1 pound token payments.

[Never-In-Doubt]

Re: Full and Final Settlement Letters

Hold fire - back later yea?

[onesteptoofar]

Re: Full and Final Settlement Letters

Apologies for the long postings and confusion Niddy.

This is the Lloyds Credit card, not the Lloyds account I offered the 1000 f+f for.

Lloyds Credit Card - 13500, no payments made since Sept 09 when no cca was produced. Debt was passed from Lloyds > SCM > MHA > BLS > Debt Managers > Call Credit... Out of the blue a cca was received in July '10 following a sar request from months earlier. (you checked the cca and it is enforceable)

Each time the debt has been passed on i've cca'd the company.

- After cca'ing Debt Managers Ltd and cca reminding them they placed the account on hold.
- I then had contact from Call Credit...who i cca'd and have cca remindered
- A couple of days ago i received a letter from Debt Managers Ltd saying the account had been returned to Lloyds. (posted above on Tue 28)
- Yesterday received the letter from Lloyds (posted above on Thurs 30)

Outstanding balance 13500 - Over 9k of the balance can be attributed to interest over the years and there are 465 worth of charges which i have never claimed back.

I can afford to make a f+f for upto 3300.

I'm not sure whether i should try and claim back charges to reduce the debt, or go straight for the f+f.

[Never-In-Doubt]

Re: Full and Final Settlement Letters

From Wescot:

[size=5]Dear Sir,

Account No: xxxx
Client: Nationwide Building Society
Balance: 7500

Following your recent communication regarding your offer of full and final of the outstanding balance.

After contacting our client who have decided not to accept your offer but are able to offer a 25% discount of 5630 as full and final settlement, proving you confirm your acceptance of this offer and payment is received within the next 30 days of acceptance date.

Payment can be made by cheque/postal order quoting your account number on the reverse and sent to the above address.

Failure to comply with the above, will result in the full balance being payable.

Yours faithfully,

Advice Agency Support Unit

From Wescot (dated 2 days after the above letter):

[size=5]Final Notice

Dear Mr xxx

Despite previous correspondence a balance remains outstanding on the above account. Unless you make contact with us and agree repayment of 7500 within the next 10 days, collection activity will continue on the account. This may lead to either us or our client:

- Instructing a door step collector to visit your property to collect payment; or
- Taking a Court action for repayment of the outstanding balance. If legal proceedings are issued and a Judgement or a Decree is obtained against you, court fees and legal costs could increase the amount you owe.

Call us now on 0844 824 1154 to discuss repayment of this debt. Details of the different ways you can pay are given on the back of this letter.

PAYMENT DUE BEFORE 3RD OCTOBER 2010

What offer can you afford/did you originally make for this debt - or haven't you? Again, when you communicate on here you need to give me some background please....

[Never-In-Doubt]

Re: Full and Final Settlement Letters

Received three letters today, one from Lloyds for the credit card and two from Wescot.

From Lloyds (also enclosed was an income and expenditure form):

Hang on, is this the same Lloyds account that you've offered £1k to? For a £13.5k balance? I'm confused here - is this the same account as this one here: ---> viewtopic.php?p=12146#p12146

Please clarify. If not you need to look at emailing me the letters, reducing the amount you type and allowing me an easier life cos right now I don't have the time nor inclination toread 3 pages to find out which account we're referring to..... usually it's nice to have a brief update, stop typing the letters - take a photo and email me - its easier and less confusing and less time consuming!

So I need you to clarify which account this is and a summary of events to date please.

[onesteptoofar]

Re: Full and Final Settlement Letters

Received three letters today, one from Lloyds for the credit card and two from Wescot.

From Lloyds (also enclosed was an income and expenditure form):

[size=5]Dear Mr x

Account No: xxxx
Balance: 13500

I feel it is important to let you know that our agents have been in touch with us in connection with your account. They say that they have been unable to agree a repayment programme and suggest we take legal action against you.

You can prevent us taking legal action by paying off the full outstanding balance of this account within ten days.

If you are unable to send payment in full, please complete and return the questionnaire overleaf to enable us to assess your financial situation.

I look forward to hearing from you shortly.

If you wish to make a payment today using either your Debit or Credit card then please contact us on the above telephone number.

Yours sincerely,

Managers Assistant
Consumer Debt Recovery


From Wescot:

[size=5]Dear Sir,

Account No: xxxx
Client: Nationwide Building Society
Balance: 7500

Following your recent communication regarding your offer of full and final of the outstanding balance.

After contacting our client who have decided not to accept your offer but are able to offer a 25% discount of 5630 as full and final settlement, proving you confirm your acceptance of this offer and payment is received within the next 30 days of acceptance date.

Payment can be made by cheque/postal order quoting your account number on the reverse and sent to the above address.

Failure to comply with the above, will result in the full balance being payable.

Yours faithfully,

Advice Agency Support Unit

From Wescot (dated 2 days after the above letter):

[size=5]Final Notice

Dear Mr xxx

Despite previous correspondence a balance remains outstanding on the above account. Unless you make contact with us and agree repayment of 7500 within the next 10 days, collection activity will continue on the account. This may lead to either us or our client:

- Instructing a door step collector to visit your property to collect payment; or
- Taking a Court action for repayment of the outstanding balance. If legal proceedings are issued and a Judgement or a Decree is obtained against you, court fees and legal costs could increase the amount you owe.

Call us now on 0844 824 1154 to discuss repayment of this debt. Details of the different ways you can pay are given on the back of this letter.

PAYMENT DUE BEFORE 3RD OCTOBER 2010

[Never-In-Doubt]

Re: Full and Final Settlement Letters

LOL, just ignore - nice one y

[onesteptoofar]

Re: Full and Final Settlement Letters

Received a letter today from Debt Managers Ltd (Lloyds Credit Card, my last correspondence to Debt Managers Ltd was 23rd June - cca reminder sent, and their last letter was received 25th June - actions on the account are on hold whilst awaiting cca from client).

A month after this Call Credit made their first contact.

The Debt Managers letter received today reads:

[size=5]Dear Sir/Madam,

Please be advised that we are no longer dealing with the account number shown above.

Our file has been closed and returned to our client Lloyds TSB Bank plc.

We can confirm that no further action will be taken by Debt Managers Ltd in relation to this account, and that all future communication and payments should be made directly to our client Lloyds TSB Bank plc.

Yours faithfully,