Moorcroft / Triton Debt Recovery Info needed HELP!

Jimby509

I had an overdraft of £1250 with RBS from a student account years ago. I aranged to pay £10 per month. In August this was passed to Triton Credit services. They sent me very threatening letters demanding instant payment. These letters came one after another, demanding more information. Not giving me a chance to respond before sending yet more threats of 'wadge arrestment procedings' 'court' etc.

I offered Triton £15 per month. They said it was not enough, I paid them £15 by bank transfer anyay.

Then on the 9/09/09 I get a letter from 'Moorcroft Debt Recover Ltd, Pre-Court Division' saying RBS has 'instructed' them to contact me, no mention of Triton. They threaten 'intended litigation' 'bailifs' etc...

I stupidly paniced and send a long letter explaining I only have £25 to give them each month (which is alot for me), they said this was acceptable and sent up a 4 year plan.

It is my responsability to pay back what I owe, but I resent being bullied and threatened, having my personal details banded about without being informend. If anyone knows more about this practice I would great apreciate your feedback on the following questions.........

1) Am i right in thinking RBS sold the debt to Triton, then Triton realising i had little money sold the debt to Moorcroft all in little over one month?

2) Anyone have any idea how much Triton or Moorcroft would have paid to take on my debt of £1250?

3) Is it worth me checking to see if Moorcroft have the credit agrement they may need for litigation before I start paying them?

Any answers would be greatly appreciated, I really want to understand more about this situation, dealing with these debt recovery companies has left me feeling really angry with their manipulative tactics.

p.s. Sorry If this is a bit of a rambling post.

p.p.s Sorry again, this laptop has a few keys missing, I have copied and paste what I can to try and make the post understandable!

GeorgeUK

Before a debt is sold on or passed to a DCA by the original creditor, you should have been informed.

Do not talk to them over the phone - all communication should be in writing only.
I would also send them the "prove it" letter and request a notice of assignment so that you have proof that they should be collecting payment for the debt.

Do not feel threatened to pay more than you can afford.
Also it may be worthwhile to work out how much of that debt is charges so that you can start reclaiming it back.

DarkConvict

Off topic, but i notice in your signature you have a Vanquis credit card. I would try this Unenforceability & Template Letters
Has worked for several people on Vanquis cards over at consumer action forums.

Jimby509

Many thanks for your imput. George, I'll look into hat you say about them having to passed to a DCA (DCA stands for? Sorry, not with the lingo).

And thanks Dark, Vanquis have been bleeding me dry ith obsene charges and interest, I can't make any head way with them. I will read the Link you gave.

GeorgeUK

DCA = debt collection agency