DNW's UE Diary

[Never-In-Doubt]

Re: DNW's UE Diary

Cheers Garlok, agreed - no harm done, lets see what they come back with eh.....

[garlok]

Re: DNW's UE Diary

I don't think thats necessary DNW thanks. Niddy will re-examine the issue for you. The main thing is not to panic. Your letter has gone and cannot be retrieved but you have given them the opportunity to come back to you with something. The ball is firmly now in their court (forgive the pun). Plus you appear to still have the goods anyway that they think you don't. Good card to hold and don't tell 'em.

As you have seen I am not renowned as a "pay up get a life" person, quite the reverse but on some occasions bowing to an inevitable, a slice of humble pie can pay some dividends much as it goes against the grain.

Garlok

[DNW]

Re: DNW's UE Diary

Would it be of any benefit if I de-sensitised and posted the agreements up in here too?

[garlok]

Re: DNW's UE Diary

As I am aware that Wragge & Co don't usually mess about, they are certainly not one of the "letterheads for rent" mob that we are all used to, I thought that we should move something quite quickly as without seeing it myself the agreement had been declared enforceable. If Wragge & Co had/do issue(d) on Monday as suggested in their letter then at least something would be on the table, if nothing else as a stalling tactic. If they do issue and there were no mitigating circumstances like a benefactor offer or a monthly plan (£1 a month) it is possible the cause could fall on the facts as presented here.

I still think they are applying the pressure couched in legal terms but there is always the chance they will do what they say. Depends a lot on how much business they do with Honda.

Garlok

[DNW]

Re: DNW's UE Diary

Have you received the CCA for this as yet?

Yeah, it's in the secure section

Hold fire ten mins, if you're still here - please give a brief breakdown of what has happened and i'll check it out for you....

Too late, I'd gone!!

Ok, I am upto date now - can you confirm, this was for a car or bike right? Where is it, and was there any charges/ppi added / was there an arrangement fee paid/added to the loan or did you pay a deposit?

I may need to see agreement again if poss....

Sorry you had a bit to wade though to catch up, a bit going on while you were away... serves you right for going away and leaving us like that!!

Yeah it was for a bike, which is currently parked outside in the garage (though Wragge seem to think for some reason that it was repossessed). No charges/PPI/deposit that I can recall, I'll check with OH later but I'm fairly sure it was just a trade in of old bike and 0% interest finance on newer bike.

Guess i'm too late - I do hope you read this before posting that ridiculously high offer letter away......

I don't think DNW mentioned an offer figure in the letter - just said 'mutually acceptable'.

The edit mentioning 50% was just his/her idea of what would be acceptable to them (I think)

Lots to consider prior to any offer - I only checked the enforceability status - however there may be other faults within what they sent...

No offer was made this time, they refused £400 (a generous 11%!) already. Pixie is right (I'm a her btw )- I edited my post to suggest what I would realistically prefer, but my letter to Wragge just said I was disappointed that they'd not negotiated and to bring on the legal proceedings whilst still giving them the option of negotiating a settlement.

The letter I sent today was verbatim of my preview above (in quotes) in post #168 with the small addition in post #169

[Never-In-Doubt]

Re: DNW's UE Diary

I suppose it's just a case of waiting now to see what they come back with?

[Pixie]

Re: DNW's UE Diary

I suppose it's just a case of waiting now to see what they come back with?

[Never-In-Doubt]

Re: DNW's UE Diary

I don't think DNW mentioned an offer figure in the letter - just said 'mutually acceptable'.

The edit mentioning 50% was just his/her idea of what would be acceptable to them (I think)

Lots to consider prior to any offer - I only checked the enforceability status - however there may be other faults within what they sent...

[Pixie]

Re: DNW's UE Diary

I don't think DNW mentioned an offer figure in the letter - just said 'mutually acceptable'.

The edit mentioning 50% was just his/her idea of what would be acceptable to them (I think)

[Never-In-Doubt]

Re: DNW's UE Diary

Hold fire ten mins, if you're still here - please give a brief breakdown of what has happened and i'll check it out for you....

Guess i'm too late - I do hope you read this before posting that ridiculously high offer letter away......

[Never-In-Doubt]

Re: DNW's UE Diary

Honda Finance

1. 31/08/11
2. 11/10/11 Letter received from Wragge & Co saying that proceedings are to be issued for a monetary judgement if the balance isn't paid by 16:00 on 24/10/11.
   
3. 11/10/11 Low (10%) F&F offer sent
4. ***** Update Below *****
   
5. 19/10/11 Wragge & Co - refuse offer as it's too low in comparison to the debt... they have been instructed to continue legal action, which we will soon be in receipt of.
   

Update as no. 12 above - please could someone advise our next move? They haven't come back with any counter offer so should I just increase our offer and if so to what %?

I'm guessing that realistically, they're not going to accept any kind of offer below a pretty high % so am I just wasting time by upping our offer by 10% each time? I really don't want this to end up in court. I wonder of the likelyhood of them accepting anything less than full balance though

Ok, I am upto date now - can you confirm, this was for a car or bike right? Where is it, and was there any charges/ppi added / was there an arrangement fee paid/added to the loan or did you pay a deposit?

I may need to see agreement again if poss....

[Never-In-Doubt]

Re: DNW's UE Diary

Thanks, I'll get it sent off now and see what happens.

Hold fire ten mins, if you're still here - please give a brief breakdown of what has happened and i'll check it out for you....

[Never-In-Doubt]

Re: DNW's UE Diary

Have you received the CCA for this as yet?

[DNW]

Re: DNW's UE Diary

Thanks, I'll get it sent off now and see what happens.

[garlok]

Re: DNW's UE Diary

Yes its always good in my view to add such a rider to the offer, another is that a benefactor has agreed to step in to help


Garlok