UE Journey

[The Tech Clerk]

if still on there if so should state partial settlement?

[Roger]

Good morning, Everyone. I've not posted for a while as whilst things are happening in the background, there hasn't been much in the way of "tangible" news to tell.... Until this morning... Out of the blue I received a letter from Halifax telling me that they've written-off my debt. Just like that! Not much chasing was done, very little in the way of threats.... Whilst this is a very welcome move, I'm perplexed as to why they have just given up like this. Any ideas from the seasoned pros?

Hard to say without speculating.
Notice that at one time many Banks sent out letters saying that procedures hadn't be followed etc.. enclosing a cheque!
Halifax are part of the Lloyds, Royal Bank Of Scotland group and on occasions this can cause problems with Statutary Notices being sent by other than Halifax.
Halifax never sold the Account to DCA's which itself points to Issues doesn't it!

Check to see whether this is still being reported with the Agencies!

But well done!!!! Frame that letter!!

[Tommy_the_cat]

Name	Halifax
Type of Account	Credit Card
Date Commenced	January 2016
Date Defaulted	January 2019
Approx Balance	£6,500
Account Owner	Halifax/Wescot
Arrangement/Not paying	Arrangement in Place
Last Date paid	May 2021

1. Payment plan agreed with Westcot and ongoing
2. I was of the opinion that sending a CCA request for a debt not sold on would be fruitless, but Di suggest to do so anyway. To be sent this week
3. 15 June 2021 - CCA request sent
4. 21 June 2021 - Response from Wescot - "We refer to your recent communication requesting a copy of the credit agreement. This request has been noted and we will be in touch in due course. We can confirm the account has been placed on hold while we look into your request".
5. 28 June 2021 - Letter from Wescot - "....thanks for your patience....your account remains on hold....we will be in touch in due course..."
6. 06 July 2021 - CCA response from Wescot. Sent to Niddy for review.
7. 06 July 2021 - Niddy considers this to be enforceable.
8. 27 Oct 2021 - Letter received from Halifax - "As we haven't been able to agree a suitable repayment plan we've transferred your account to a debt collection agency, Credit Security Limited".
9. 31 Mar 2022 - Letter received from Credit Security - "....unless we hear from you within 10 days your account will be returned to our Client for further recovery action...."
10. 05 Oct 2023 - Letter received from Halifax - "Your account has been repaid in full and no further payments are due. We've closed your account and will notify the credit reference agencies....."

Good morning, Everyone. I've not posted for a while as whilst things are happening in the background, there hasn't been much in the way of "tangible" news to tell.... Until this morning... Out of the blue I received a letter from Halifax telling me that they've written-off my debt. Just like that! Not much chasing was done, very little in the way of threats.... Whilst this is a very welcome move, I'm perplexed as to why they have just given up like this. Any ideas from the seasoned pros?

[Roger]

You are in good hands!

[Tommy_the_cat]

Name	Shawbrook
Type of Account	Loan
Date Commenced	July 2018
Date Defaulted	May 2019
Approx Balance	£23,000
Account Owner	Cabot
Arrangement/Not paying	Not paying
Last Date paid	March 2021

1. Early Feb - CCA Request sent to Cabot
2. 26 Feb 21 - Response from Cabot - Need 12 days
3. 11 Mar 21 - Response from Cabot - Still Processing (Account unenforceable)
4. 07 May 21 - I made a F&F offer of £600
5. 14 May 21 - Offer Rejected and counter made of £18k
6. 24 Jun 21 - Received a wad of papers from Cabot and a letter saying that they now consider the account enforceable and that they are now entitled to obtain a CCJ against me. Sent to Webmaster for UE check
7. Niddy has reviewed the documentation and considers it to be enforceable
8. 07 Jun 23 - Received letter of claim. JCS instructed.

Hi Everyone.

It's all been rather quiet for me recently... Until this morning! Letter of claim received and I have instructed JCS... To be honest, I'm kind of relieved that I will finally get this lump off of my mind. Wish me luck!

[The Tech Clerk]

Good result well done. Keep file for 6 years or so.

[Tommy_the_cat]

Name	Virgin
Type of Account	Credit Card
Date Commenced	March 2017
Date Defaulted	June 2019
Approx Balance	£10,000
Account Owner	Cabot
Arrangement/Not paying	Not paying
Last Date paid	March 2021

1. Early Feb - CCA Request sent to Cabot
2. 26 Feb 21 - Response from Cabot - Need 12 days
3. 11 Mar 21 - Response from Cabot - Still Processing (Account unenforceable)
4. 07 May 21 - I made a F&F offer of £400
5. 14 May 21 - Offer Rejected and counter made of £8k
6. 21 Jun 21 - Letter received from Cabot - "We haven't been able to obtain the information you requested from the original lender. If this information becomes available to us later, we'll complete your request and send you the relevant information. Until we can supply this, your account is unenforceable".
7. 29 Dec 22 - I made a F&F offer of £250.
8. 29 Dec 22 - Offer Accepted
9. 26 Jan 23 - F&F settlement paid to Cabot by telephone
10. 27 Jan 23 - This account is now closed and the balance is zero - checked on the Cabot app. Now awaiting the update of my credit report
11. 09 Feb 23 - Experian report now showing £0 balance and "satisfied"

Case closed!

[Sparkles]

That's a great outcome, especially with it being taken out so recently.

[The Tech Clerk]

Morning All.

F&F of £250 paid yesterday. I called Cabot to make the agreed payment but there was a major kerfuffle as the operator that picked up my call would not accept the agreed payment as "there is no way anyone at Cabot would have agreed a 98% discount. There must be a mistake and my colleague should have typed £2,500, etc....". So I replied that I was effectively giving Cabot a £250 gift, and they either accept this or go for the £0 route. I hung up in the end.... Later in the day I got a call from the guy that had originally agreed the F&F of £250... He was very apologetic and had infinitely more common sense than the other dude. Anyway... £250 paid and the account is now closed.

I know there are differing opinions to my approach on this one and I know that many of you will consider this £250 wasted... But I'm just happy to get £10k off my mind. There was always an outside chance that the paperwork could have turned up and the debt became "enforceable" again, leading me to have to pay more to instruct JCS....

Small victory

Well hell of a difference = well done = your happy over with thats what it is all about. ====purrrfect excuse the pun = Tommy The Cat.

[stuckinarut]

Good for you, the outcome was what YOU wanted so well done, got to wonder about the communication between these people ,glad you got the correct person on the end

[Tommy_the_cat]

Name	Virgin
Type of Account	Credit Card
Date Commenced	March 2017
Date Defaulted	June 2019
Approx Balance	£10,000
Account Owner	Cabot
Arrangement/Not paying	Not paying
Last Date paid	March 2021

1. Early Feb - CCA Request sent to Cabot
2. 26 Feb 21 - Response from Cabot - Need 12 days
3. 11 Mar 21 - Response from Cabot - Still Processing (Account unenforceable)
4. 07 May 21 - I made a F&F offer of £400
5. 14 May 21 - Offer Rejected and counter made of £8k
6. 21 Jun 21 - Letter received from Cabot - "We haven't been able to obtain the information you requested from the original lender. If this information becomes available to us later, we'll complete your request and send you the relevant information. Until we can supply this, your account is unenforceable".
7. 29 Dec 22 - I made a F&F offer of £250.
8. 29 Dec 22 - Offer Accepted
9. 26 Jan 23 - F&F settlement paid to Cabot by telephone
10. 27 Jan 23 - This account is now closed and the balance is zero - checked on the Cabot app. Now awaiting the update of my credit report

Morning All.

F&F of £250 paid yesterday. I called Cabot to make the agreed payment but there was a major kerfuffle as the operator that picked up my call would not accept the agreed payment as "there is no way anyone at Cabot would have agreed a 98% discount. There must be a mistake and my colleague should have typed £2,500, etc....". So I replied that I was effectively giving Cabot a £250 gift, and they either accept this or go for the £0 route. I hung up in the end.... Later in the day I got a call from the guy that had originally agreed the F&F of £250... He was very apologetic and had infinitely more common sense than the other dude. Anyway... £250 paid and the account is now closed.

I know there are differing opinions to my approach on this one and I know that many of you will consider this £250 wasted... But I'm just happy to get £10k off my mind. There was always an outside chance that the paperwork could have turned up and the debt became "enforceable" again, leading me to have to pay more to instruct JCS....

Small victory

[Timewilltell]

Wescot are only a collection agent, ignore for three months and they’ll pass it back.

[The Tech Clerk]

just a commission agent hopeful, if you pay them they get a good percentage of all monies collected/

[Tommy_the_cat]

Name	M&S
Type of Account	Credit Card
Date Commenced	June 2017
Date Defaulted	April 2019
Approx Balance	£3,000
Account Owner	M&S
Arrangement/Not paying	Arrangement in Place
Last Date paid	May 2021

1. Payment plan agreed with M&S and ongoing
2. I was of the opinion that sending a CCA request for a debt not sold on would be fruitless, but Di suggest to do so anyway. To be sent this week
3. 15 June 2021 - CCA request sent
4. 09 Jan 2023 - Letter received from M&S to say that the account has been passed to Wescot

Letter received from M&S - account passed to Wescot.

[Roger]

I'd be interested in seeing a form of words that would not reset the clock; it would take some careful wording to argue that a debt hadn't been acknowledged while offering to pay it.

I've had a rummage around the AAD+ templates and from what I can see the F&F ones explicitly acknowledge the debt.

Does anybody know any better?

Well its UE and they shouldn't be reporting this with the CRA's

As Night Monkey points out hard to argue you've not acknowledged the debt when your offering to pay!

".. . 21 Jun 21 - Letter received from Cabot - "We haven't been able to obtain the information you requested from the original lender. If this information becomes available to us later, we'll complete your request and send you the relevant information. Until we can supply this, your account is unenforceable"