1st Credit - Now recieved statutory demand

Life_is_Hard · 29 July 2008 at 8:45PM

Please forgive this as my first post, but I searched 1st Credit and this came up very quickly.
I too and am having big problems with 1st Credit and their bullyboy tactics:mad:

I have just rec'd a Statutory Demand from them and am unsure what to do now.

This is an old Barclaycard debt to the sum of £3,332.

On first contact with these people about 6 months ago, I sent in my income and expenditure and my token offer of £10 per month. This was rejected in writing, and I can't go any higher

I carried on making the token payment each month over the phone and as the person above has stated,they are a pretty horrible bunch with constant threats to me of CCJ, attachment to earnings, bankgruptcy proceedings, land registry nosing about etc etc.
(I do have a mortgage btw)
I would normally just hang up on them.
And they even sent me info about a re-mortgage company, which I have of course ignored.

So now I get this Statutory Demand.

Any help?
If you need to redirect me to another thread thats no problem.
It says something about 18 days to do something.

Thanks for reading. And a very interesting site.

devonsdreamer · 29 July 2008 at 9:00PM

Hi lifeisHard - Sorry to hear you are also having problems with these Bullies-

I would suggest starting a new thread as you will get some great advice- they havent even acknowledged my offers of payment.

It seems the general opinon is that the demands are a bluff HOWEVER there have been cases when they have followed through. My stat demand only gave me 7 days to respond.

Do you have proof of payment?

If you havent already document the contact you have had with them-

My advice would be to not deal with them over the phone and get all dealings in writing.

Sorry I cannot give you any more advice or reasurance of what may happen - I will keep updating my story and it helps me keep track of what is happening.

Good luck with it all

fermi · 30 July 2008 at 8:48AM

Hi.

Can we check a few things?

Before your heard from 1st Credit, how long was it since you last made a payment on this debt or acknowledged it yourself in writing?

Sometimes these debts are statute barred.

See this link: Factsheet | Liability for Debts and the Limitation Act (England/Wales)

That normally applies if there has been a 6 year gap, even if you start making payments after the six years was up.

If the debt is/was not statute barred, then you should request a copy of the original credit agreement ASAP. Letter to send recorded delivery with a £1 postal order in the link below.

See: Factsheet | Getting a copy of your credit agreement, account details and a statement of account.

If you get that off quickly, non-compliance with the request may give you additional grounds to get the SD set aside.

Because a Statutory Demand is a serious issue, even if you are fairly confident they are bluffing, please contact National Debtline as soon as you can for advice.

National Debtline - Tel free: 0808 808 4000.

Life_is_Hard · 30 July 2008 at 5:41PM

Many thanks for the replies, very kind.

Some further info:

Proof of payments comes in bank statements as all transactions have been made by card.

Before 1st Credit got this there was a break of about 4 months as the debt was passed back to barclaycard from another company,that I could not keep up the payments with. I tried and failed as I would guess a lot of people like myself just overstretch what they can afford to pay these companies.
When they said no to a lower payment, I stopped paying them. Thats why it went back to barclaycard who then after 4 months got 1st credit involved, who have this "we are going to crush you" attitude.:rolleyes:

I will call the national debtline for further info, and thanks again.

1st Credit - Now recieved statutory demand

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