Hoist 1 Barclaycard - Default Date 8 month after last payment - Does Sar Restart Clock

[PlanB]

Wow you are good

Yes I am

I've been an investigative journalist for several decades so nothing gets past me.

The devil is always in the detail.

Di

[Mrreese6018]

I notice your thread is called "Hoist 1 Barclaycard" whereas the that Notice of Assignment refers to "Hoist Portfolio Holding 2".

I'm not being pedantic, I'm being helpful

Because there was a large-scale 'internal assignment' in 2019/20 when accounts were assigned from one Hoist to another Hoist. If this was the case with your debt then Hoist could have assignment issues to prove if they issued legal proceedings in the future.

Who is named as the current owner on your recent letters - Hoist 1 or Hoist 2?

Either way Hoist would face a challenge in court since both Hoist 1 and Hoist 2 are not authorised by the FCA to issue legal proceedings which is expained here >





Di

Wow you are good, I never noticed that, just looked at my credit report it shows up as hoist 1, so definitely been an internal change of hands, I read somewhere that Hoist 1 and Hoist 2 were liquidated oh an I definitely didn't know that they were still not regulated. I'm just at work when I get home I will have a look at my letters from them and see what they say.

Thanks again

[PlanB]

is this what would be classed as a notice/deed of assignment . . .

I am writing to inform you that the above account was assigned and transferred by Barclaycard to Hoist
Portfolio Holding 2 Limited ("HPH2") . . . . This means that the new owners of the above account are now Hoist Portfolio Holding 2 Limited (HPH2).

. . . . This was sent a number of years ago, sorry for not being specific about dates.

I notice your thread is called "Hoist 1 Barclaycard" whereas the that Notice of Assignment refers to "Hoist Portfolio Holding 2".

I'm not being pedantic, I'm being helpful

Because there was a large-scale 'internal assignment' in 2019/20 when accounts were assigned from one Hoist to another Hoist. If this was the case with your debt then Hoist could have assignment issues to prove if they issued legal proceedings in the future.

Who is named as the current owner on your recent letters - Hoist 1 or Hoist 2?

Either way Hoist would face a challenge in court since both Hoist 1 and Hoist 2 are not authorised by the FCA to issue legal proceedings which is expained here >

Both of these companies are not authorised by the Financial Conduct Authority to exercise the rights of a lender. They rely on the para 55 FSMA 2000 servicing exemption.

. . . We look forward to using the same legal arguments in the future against Hoist which we used against Idem Capital Securities Limited in the recent successful FCA authorisation Appeal where the Circuit Judge found that the para 55 FSMA 2000 servicing exemption did not allow the unauthorised debt purchaser to issue proceedings in the county court.

The Hoist companies also have issues with their assignment process and documentation.

Di

[Roger]

Keep that letter very safe.
At one time looking up the status of these DBA's and their subsidiary companies on the FCA Register was very easy. Now it seems much more restricted.
The question is whether Hoist Portfolio Holding 2 Limited are permitted or not to enforce Assigned Debts!

2015 information.

Hoist Portfolio Holding 2 Limited (Registered in Jersey C.I.)

Hoist Portfolio Holding 2 Limited, where not registered nor authorised to engage in CC activity, and as such cannot legally instruct their associate company Robinson Way to attempt any form of recovery on their behalf.

This is a complex Legal area and argument best left to lawyers BUT make a note for your own purposes! Don't engage in legal arguments or otherwise with DCA's

[Mrreese6018]

I think that would indeed be a notice of assignment. The deed is a very different thing as it is the contract that sells the debt. They often list the obligations the seller has ( I saw one once that said if asked the seller would try to locate documents but only for a period of 12 months after sale).

Thanks; well let's see what the next 12 month bring, hopefully an empty letterbox

[Warwick65]

I think that would indeed be a notice of assignment. The deed is a very different thing as it is the contract that sells the debt. They often list the obligations the seller has ( I saw one once that said if asked the seller would try to locate documents but only for a period of 12 months after sale).

[Mrreese6018]

Good morning all,

I Was going through my letter draw and trying to get myself more organised as I have heard in the last 12 month it can get a bit rough.

Is this what would be classed as a notice/deed of assignment, it came from Robinson Way, the usual brown envolope, the letter looked like it had been done on a cheap printer, even the Barclaycard logo was in black and white.


Reference: Barclaycard, Credit Card, account number here

I am writing to inform you that the above account was assigned and transferred by Barclaycard to Hoist
Portfolio Holding 2 Limited ("HPH2") on date removed .
This means that the new owners of the above account are now Hoist Portfolio Holding 2 Limited (HPH2).
HPH2 has appointed Robinson Way Limited as their servicing agent to manage your account on their behalf.

All contact regarding this account should now be directed to:
Robinson Way Limited
Quays Reach
Carolina Way, Salford
M50 2?Y
0330 123 5878
Mon - Fri 8:00am - 8:30pm
Saturday 9:00am - 4:00pm

I confirm that the amount outstanding on your account as at date here was balance here
With effect from date of receipt of this notice all payments due to Barclaycard shall be paid to HPH2.
Yours sincerely
For and on behalf of Barclays Bank


This was sent a number of years ago, sorry for not being specific about dates.

Thanks

Mr Reese

[Warwick65]

Yes I think we all know there is dark magic at work out there. For example as soon as you get turned down for a financial product you get bombarded with calls and emails either offering a quick fix or some high interest loans.

All I was saying is context is everything. That article was the top of the list when I asked google how DCAs get my phone number

[Roger]

But thanks to Jo we have garnered some interesting information. The CRA's seems like a cozy members only club sharing data amongst themselves.

[The Tech Clerk]

To further answer your question about mobile numbers here is a more comprehensive article although it includes Jo's quote

https://www.thebalance.com/how-did-a...-number-960581

It is an American site so might not be 100% accurate - you will notice they can't spell and the sources are US based.

spellings? the american english script is basically spell as spoken l.e:- Centre (UK) center (USA) Tyres (UK) Tires (USA) and many other as such, used to type in military in the early 60s as we had an american detachment with us and correspondence was used as such, on leaving service many a time in UK i responded with USA wordings 0pppsssss.

??????In one large UK company we had an american Administrative manager join us for a few years before promoted elsewhere, he noticed my notes one day and asked if I had worked in american company? I told him no but UK military with detachments of US Army at times and I did a lot clerical between the two.

[Warwick65]

To further answer your question about mobile numbers here is a more comprehensive article although it includes Jo's quote

https://www.thebalance.com/how-did-a...-number-960581

It is an American site so might not be 100% accurate - you will notice they can't spell and the sources are US based.

[Warwick65]

It is interesting that my mobile number is not in my SAR, neither is an email address I use for some applications so either credit karma are leaving things out or not everything gets reported. I used Vodafone for years although switched 10 months ago to another provider.


Depending on your phone make you could just block numbers

[Roger]

As jo points out ".. Your current creditors report your information to the credit reference agencies .."

Your MOB SUPPLIER is A CURRENT CREDITOR for the purposes of the CREDIT REFERENCE AGENCIES

I suppose the best way to stop MOB text's phone calls is Close your MOB Supplier and take out a PAY AS YOU GO (Monthly Top UP) and remain Anonymous!

I have also discovered that the CRA reports extremely useful, reading between the lines, learning the tactics of various Creditors and what they are reporting!

Read and study the AAD diaries and make notes! Take control of your Life! Don't be a puppet of the DCA's

[Mrreese6018]

I can't help on the credit file- I try not to look at mine too deeply

Hoist and discount, how long have they owned the debt- if it is a very short time they may just want a quick turnaround to keep cashflow going, however personally I always wonder why they would offer big discounts

Di knows a bit about NRAM and mortgage shortfalls - I think if they are a member of the council of mortgage lenders shortfalls become statute barred after 6 years- or at least they shouldn't chase.

Addition

I recently sent a SAR to credit karma and while they have a lot of info about me they do not seem to have my mobile number - they do have my landline , one email address, my job, the date I moved into my home etc but not my mobile number that I have had for more than 20 years.

Having said that it is obviously in circulation , well according to the National Crime agency who phone me 3 times a week to say I am about to be arrested because of my NI number - oh and someone else calling for Mr X Plaskett - same first name and postcode but completely different surname . In fact they even have my email address and almost my home address ( 1 number out) so there is a lot of stuff out there about us all.

In regards to hoist they have had for around 4 and half years,, they didn't do anything for ages then all if a sudden text messages and letters.

I have had a million and one phone calls saying I'm about to be arrested for not paying tax.

oh and thanks for the info on NRAM hope it is the case

[Warwick65]

I can't help on the credit file- I try not to look at mine too deeply

Hoist and discount, how long have they owned the debt- if it is a very short time they may just want a quick turnaround to keep cashflow going, however personally I always wonder why they would offer big discounts

Di knows a bit about NRAM and mortgage shortfalls - I think if they are a member of the council of mortgage lenders shortfalls become statute barred after 6 years- or at least they shouldn't chase.

Addition

I recently sent a SAR to credit karma and while they have a lot of info about me they do not seem to have my mobile number - they do have my landline , one email address, my job, the date I moved into my home etc but not my mobile number that I have had for more than 20 years.

Having said that it is obviously in circulation , well according to the National Crime agency who phone me 3 times a week to say I am about to be arrested because of my NI number - oh and someone else calling for Mr X Plaskett - same first name and postcode but completely different surname . In fact they even have my email address and almost my home address ( 1 number out) so there is a lot of stuff out there about us all.