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  • FIRST POST
    • Wilcouk
    • By Wilcouk 24th Aug 16, 11:44 AM
    • 58Posts
    • 12Thanks
    Wilcouk
    Asset Collections intended Court Action
    • #1
    • 24th Aug 16, 11:44 AM
    Asset Collections intended Court Action 24th Aug 16 at 11:44 AM
    Hi there,

    i changed my number a while ago and seem to have a strict junk email inbox, so i have only just seen these emails and obviously not the texts they sent me.

    this is the email below

    Final Notice - Please read carefully
    August 24, 2016
    We sent a similar email last week and a letter but we did not receive a response from you. We appreciate that many emails enter our customers ‘Junk or Spam’ folders so we have resent it, as it is important we communicate with you.


    ACI Reference Number :

    Reconnect PIN Number :

    Outstanding Balance : £1360.84

    Client Reference :

    We refer to the fixed sum loan from Lending Stream LLC (Assignor) regulated by the Consumer Credit Act 1974 – the loan agreement and any related guarantee being the Assigned Documents and the Loan from Lending Stream LLC (Assignor) to [Text Removed] (Debtor).

    We have written to you on several occasions advising you that from 21 June 2016 the assignor assigned to Asset Collections & Investigations (Assignee) all its rights, title, interest and benefits in and to the Assigned Documents and the Debt. We advised you that all correspondence, dealings deliveries and payments in respect of the Assigned Documents of the Debt should be made to the Assignee who is Asset Collections & Investigations.

    It is our intention to register a claim with HM Courts & Tribunals Service with a view to gaining a County Court Judgment against you (or if in Scotland a Decree). Please note: in the event of a claim being registered, we are legally entitled to add costs to the outstanding balance.

    As a gesture of goodwill, Asset Collections & Investigations will accept a payment of £952.59 as a full and final settlement offer. Basically, if you pay £952.59, our client will write off the remains of the balance.

    If however, you cannot afford to make a full and final settlement payment, then we would like to offer you the opportunity of paying the full balance by 18 equal monthly instalments of £75.60 providing this is affordable for you.

    Please contact us as a matter of urgency on 01698 907055


    Alternatively, you can make a payment using the button below
    any advice on how to proceed? thanks
    Last edited by MSE ForumTeam2; 16-11-2016 at 10:45 PM.
Page 2
    • sourcrates
    • By sourcrates 22nd Sep 17, 5:57 PM
    • 12,673 Posts
    • 12,009 Thanks
    sourcrates
    From what has been said earlier, they have to send a letter by snail mail before they can begin court action, but this does not appear to have been done. So if this is mentioned at court, is this grounds for the claim being thrown out?
    Originally posted by poppasmurf_bewdley
    Usually emails are backed up by snail mail, a few days later.

    If they don't, that's a question for Legal Beagles.
    I'm a Board Guide on the Debt-Free Wannabe, Credit File And Ratings, and
    Bankruptcy And Living With It, boards. "I volunteer to help get your forum questions answered and keep the forum running smoothly".
    Board guides are not moderators and don't read every post. If you spot an abusive or illegal post then please report it to forumteam@moneysavingexpert.com. Any views are mine and not the official line of MoneySavingExpert.com.

    For free debt advice, contact either : Stepchange, National Debtline, or, CAB.
    For Legal advice see : http://legalbeagles.info/
    • fatbelly
    • By fatbelly 22nd Sep 17, 6:24 PM
    • 11,643 Posts
    • 8,776 Thanks
    fatbelly
    Well at least the court claim has to come by snail mail!

    If it does come then the best people to help you with a defence are at

    http://www.legalbeagles.info/forums/forumdisplay.php?105-Received-a-Court-Claim


    I can see four threads already about this bunch

    http://www.legalbeagles.info/forums/showthread.php?102239-Court-Claim-Asset-Collections-Lending-stream-8-9-2017

    is one ongoing
    • sourcrates
    • By sourcrates 22nd Sep 17, 7:03 PM
    • 12,673 Posts
    • 12,009 Thanks
    sourcrates
    Well at least the court claim has to come by snail mail!

    If it does come then the best people to help you with a defence are at

    http://www.legalbeagles.info/forums/forumdisplay.php?105-Received-a-Court-Claim


    I can see four threads already about this bunch

    http://www.legalbeagles.info/forums/showthread.php?102239-Court-Claim-Asset-Collections-Lending-stream-8-9-2017

    is one ongoing
    Originally posted by fatbelly
    They have bought up a lot of old Avant Credit accounts, that Avant disposed of dirt cheap to raise some cash.

    May not be the last we see of them on here.
    I'm a Board Guide on the Debt-Free Wannabe, Credit File And Ratings, and
    Bankruptcy And Living With It, boards. "I volunteer to help get your forum questions answered and keep the forum running smoothly".
    Board guides are not moderators and don't read every post. If you spot an abusive or illegal post then please report it to forumteam@moneysavingexpert.com. Any views are mine and not the official line of MoneySavingExpert.com.

    For free debt advice, contact either : Stepchange, National Debtline, or, CAB.
    For Legal advice see : http://legalbeagles.info/
    • fatbelly
    • By fatbelly 22nd Sep 17, 9:00 PM
    • 11,643 Posts
    • 8,776 Thanks
    fatbelly
    They will have been cheap. Avant were doing F&Fs at 17% to borrowers!

    http://forums.moneysavingexpert.com/showthread.php?t=5659737
    • Mark80
    • By Mark80 30th Nov 17, 11:56 AM
    • 15 Posts
    • 1 Thanks
    Mark80
    I'd ignore the muppets at asset collections or whatever they call themselves, do a complaint re mis-selling to lending stream a la Debt Camel, and refer the result of that complaint to FOS
    Originally posted by fatbelly
    Hi Fatbelly,
    Can you tell me what is a mis-selling complaint? I had debt to Avant Credit and the sold is to Asset collections and they demand payment in full.

    I have complaint Avant credit to Financial Ombudsman for irresponsible lending. Do I have any change that my debt to go back to Avant and deal with them. Is that means mis-selling?

    Thanks
    Mark
    • fatbelly
    • By fatbelly 30th Nov 17, 1:15 PM
    • 11,643 Posts
    • 8,776 Thanks
    fatbelly
    Payday lender mis-selling

    Thread here

    http://forums.moneysavingexpert.com/showthread.php?t=5289150
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