Who Has my Debt???

Mr_Tes

Hi

A couple of months ago I ordered a credit report and it showed up that I have an outstanding debt from a joint business account that closed a few years ago. I was under the impression the account had been settled but obviously it hadn't. I have moved house and not received any payment notices that were sent and was not informed by former business partner.

Basically the debt has been sold on to a few different agencies over the last 3 years. I'm having problems finding out who has the debt at the moment. I've asked for help through the CAB but they have had no luck either.

I want to find out who has the debt and pay it off in full as it is the only bad mark I have against my credit history.

Does anyone have advice?
Any help would be appreciated.

Cheers
Tes

poorandindenial

Hi Tes

The company listed on your credit report should be the one that it is with (if it isn't then it may be worth re-getting your credit report as they may have sold it recently). It maay be worth checking to see whether you have paperwork that shows you settled it before you go after paying it back as there have been one or two cases of people being chased for 'debts' that they have confirmation of settling.

Mr_Tes

poorandindenial wrote: »

Hi Tes

The company listed on your credit report should be the one that it is with (if it isn't then it may be worth re-getting your credit report as they may have sold it recently). It maay be worth checking to see whether you have paperwork that shows you settled it before you go after paying it back as there have been one or two cases of people being chased for 'debts' that they have confirmation of settling.

The company is listed as HSBC/Metropolitan, they are the original company that held the debt. It has been sold on many times since then.

GeorgeUK

Whoever sold the debt on should know who they sold it to. I would try contacting them and requesting the information - if they don't you may need to issue a subject access request which under the Data Protection Act should give you the info.

I'd threaten them with a SAR notice before sending one though as it costs £10.

Mr_Tes

GeorgeUK wrote: »

Whoever sold the debt on should know who they sold it to. I would try contacting them and requesting the information - if they don't you may need to issue a subject access request which under the Data Protection Act should give you the info.

I'd threaten them with a SAR notice before sending one though as it costs £10.

Cheers, do you know where I can get a good subject access request template?

gettingbetter

hi this is letter you requested

kas xx

Data Protection Act 1998 Subject Access Request

Dear Sir/Madam

Account number: xxxxxxxx

Please send me the information which I am entitled to under section 7(1) of the Data Protection Act 1998 in relation to detailed occurrences relating to the account Numbers xxxxxxxx and xxxxxxxx-x

The following is by no means an exhaustive list but in the main this is what I require.

Please supply me with a complete list of transactions and charges relating to ALL accounting history with your organisation.

Additionally, all records you hold on me relevant to the above accounts, including but not limited to:

1. A transcript of all transactions, including charges, fees, interest, repayments and payments and both the original amount of the loan and any repayments made to the account.

2. Transcriptions of all telephone conversations recorded and any notes made in relation to telephone conversations by your company

3. Where there has been any event in my account history over this period which has required manual intervention by any person, I require disclosure of any indication or notes which have either caused or resulted in that manual intervention, or other evidence of that manual intervention in relation to my account. If you are unable to supply this data because there has been no such manual intervention, then please be so kind as to confirm this in your response

4. True copies of any notice of assignment and/or default notice or enforcement notices that you may have sent to me, with a copy of any proof of postage that you hold.

5. Documents relating to any insurance added to the account, including the insurance contract and terms and conditions, date it was added and deleted.

6. Details of any collection charge added to the account; specifically, the date it was levied, the amount of the charge, a detailed financial breakdown of how the charge was calculated, and what the charge covers.

7. Specific details of the fees/charges levied by any other agency in respect of these accounts and a detailed breakdown of said fees/charges and what each charge relates to and on what date said fees/charges were levied.

8. A genuine copy of any deed of assignment, or proof that you have a legal right to this money.

9. A genuine copy of any notice of fair use of my data as required by the Data Protection Act 1998

10. A list of third party agencies to whom you have disclosed my personal data and a summary of the nature of the information you have disclosed.

11. A copy of all account statements for the duration of the agreement.

12. Please would you also advise me of the logic involved in any automated decisions taken by you about me pursuant to section 7(1) (d) of the Data Protection Act 1998.

13. A True copy of the consumer credit agreement section 77-79 of the Consumer Credit Act of 1974.

Any other information relating to the account.

I enclose the statutory maximum fee of £10. You have 40 days in which to comply. Furthermore, if I discover that you have levied disproportionate penalties against me, I shall be reclaiming them, and reclaiming the enclosed £10 Data Protection Act subject access request fee.

If there is specific information which you require in order to satisfy yourself as to my identity, please let me know by return. However, please note that the above address is the one which you normally use to communicate my private business to me and which you have found to be acceptable