AJ's UE Diary

[SteveB]

At the moment maybe keep quiet. Certainly if they were to send you a letter of claim then send off a CCA request. The object here would be to keep it out of court.

[Ostrich]

L0well have started getting a bit more regular with their threatograms about one of the debts (entry #8).

It's my smallest debt - around £600. If it comes to it, I suspect it will be more expensive to defend than to pay off, but a the same time I really don't want to give these DCA's a penny. I appreciate tactics have changed, but I suspect this debt to be unenforceable (mainly due to the age). Is it worth requesting the CCA in this instance or would you recommend radio silence?

TIA

Letter today offering a 50% discount, which is nice. Filed for now. Tbh, if they offered 75% I'd be very tempted to do it just to tick another one off the list.

[Pat]

Ho Ostrich

While it is no guarantee, if they are offering big discounts it may be because they think they can not win in court.

Requesting a CCA is relatively risky- if for example they do not have one but then get one they might just go of it but as you say it might be easier to settle.

Looking back I can see it was only sold a few months ago- I would hold off in sending a ccc request just yet - some deeds only allow for OC help for a fixed period maybe 6 months maybe a year.

[Roger]

Letter today offering a 50% discount, which is nice. Filed for now. Tbh, if they offered 75% I'd be very tempted to do it just to tick another one off the list.

This is your Natwest CC
Date commenced - 2002
Approx balance - £600
Sep '23 - Sold to Lowell Financial Ltd (LFL)

You haven't sent a CCA S.78 yet!
As this is pre 2007 this could be difficult for Lowell to say the least!

Which Company in the Lowell Group was assigned the Account from Nat-West.

In the meantime SILENCE

[Ostrich]

Thanks guys.

Roger I'm fairly sure it's Lowell Portfolio 1, but will double check my paperwork later.

Like Pat I am suspicious as to why they are offering such a big discount so soon... can't be a bad thing for me

I will continue to sit on my hands on this one!

[Roger]

Thanks guys.

Roger I'm fairly sure it's Lowell Portfolio 1, but will double check my paperwork later.

Like Pat I am suspicious as to why they are offering such a big discount so soon... can't be a bad thing for me

I will continue to sit on my hands on this one!

Just picking out the obvious from your Diary

The Debt is only £600 and they probably paid pennies in the Pound for the Account thats what £6.00
The 50% would still give them £300 for an outlay of £6.00 Its Not a Charity they are giving nothing away!
On a Cost basis to them its not worth their time really is it?


Lowell Portfolio 1 is mentioned here expressly
Lowell Portfolio - AAD Consumer Forum (all-about-debt.co.uk)

The Assignment Sep 2023 thats only what 4 months ago!

Now does this show on your CRA's reports?

Watch and wait see what comes next!

[Ostrich]

Type of account – Barclaycard Credit Card (2)
Date commenced - 2005
Approx balance - £7,300
Date last paid – Jan 2021
Are you on arrangement or not paying – No contact made since last payment
Status - Default
Account owner - PRA.
Jul '21 - Default notice
Jan'21 - PRA write to advise various repayment options
Feb '21 - As above
May '22 - Account on hold for 30 days due to DSAR request for other PRA account
May ‘22 - Email to say account is no longer on hold and they look forward to finding a resolution. Next day, another email saying “further to our conversation” (never spoken to them, ever) that the account is being put on hold for 14 days…. Bizarre
Jul '22 - 10% discount available... ignored
Aug '22 - Same letter... 10% discount available. Hoping for 100%, thanks.
Sep ‘22 - 20% discount… filed
October’22 - 20% discount… filed
November ‘22- Account passed to litigation team. If we don’t hear from you by December … etc
Jan'23 - If I do not contact by Feb, they may issue proceedings... Filed.
Feb '23 - LBC received
Mar' 23 - Claim forms received. JCS instructed
Jan'24 - CLAIM STRUCK OUT!!!

JCS strikes again!

Delighted that this claim has been struck out, almost a year after the claim forms were issued.

5 of the 7 debts gone now, all thanks to AAD and JCS. Life looking a hell of a lot better as I approach my fourth year of this journey...

Thanks guys. I'm not sure where I'd be if I hadn't found this site.

[Sam Audley]

So glad that we could help!

Legal Disclaimer

I am a Litigation Assistant at Joanna Connolly Solicitors a firm which specialises in consumer credit. If you need to contact me you can send a message by clicking on my username or by emailing me at sam@joannaconnollysolicitors.co.uk or by telephoning 0330 053 9340. Our initial advice is always free.

Any posts I make on the AAD Consumer Forum are for information and discussion purposes only and shouldn't be seen as legal advice. Any advice I provide on the forum is without liability. If you are unsure please seek formal legal guidance or contact your local citizens advice bureau at https://www.citizensadvice.org.uk

[Still Waving]

That's great news. A lot of us owe huge gratitude to AAD, and some forum users to JCS also.