Moorcroft debt - UPDATE

joflakes

fermi wrote: »

You can.

Moroncroft will either be acting for Natwest, or they will be acting for whoever the debt was sold on to.

If you ever consider a full and final settlement then you would need to check with Natwest to see whether they still legally hold the debt, or whether the rights to it have been sold on. Don't take a debt collectors word for that, as they will often tell fibs so that you pay them and they get their commission.

If Natwest still hold the debt, then any settlement off MUST be agreement by them. Any agreement with a collector wouldn't be worth didly squat if NatWest still own the debt. You would end up some time later being chased for the rest.

If a collector has "bought" the debt, and they can prove it, then they can negotiate a settlement themselves.

Thanks.
Is it worth me just calling natwest and seeing if they will take a final settlement direct for a portion of the debt?

joflakes

fermi wrote: »

Contact? Or acknowledgement in writing or payment?

Acknowledgement in writing or payment within 6 years would prevent it being statute barred. Contact, e.g. phone call etc would not.

Just phone calls.

fermi

Well, how long is it since you did either pay or write a letter acknowledging the debt?

give_them_FA

joflakes wrote: »

Thanks.
Is it worth me just calling natwest and seeing if they will take a final settlement direct for a portion of the debt?

I would sit tight if I were you. Aside from the statute barred issue -sort that one out first! - I know from long experience how totally ineffective these people can be if you avoid helping them out...:rotfl::rotfl::rotfl:

joflakes

fermi wrote: »

Well, how long is it since you did either pay or write a letter acknowledging the debt?

As stated above. 3 years.

joflakes

give_them_FA wrote: »

I would sit tight if I were you. Aside from the statute barred issue -sort that one out first! - I know from long experience how totally ineffective these people can be if you avoid helping them out...:rotfl::rotfl::rotfl:

Okay. Thanks for your advice!

fermi

joflakes wrote: »

As stated above. 3 years.

So to be 100% clear on this, about 3 years ago you did make a payment or did write acknowledging the debt?

Just want to be clear, as above when asked whether the contact 3 years ago was by payment, by you writing or by phone calls, you responded "just phone calls"

give_them_FA

joflakes wrote: »

Okay. Thanks for your advice!

.and just to add, if they don't know your address then for God's sake don't tell them!!

Especially if all the "debt" consists of is a load of unreasonable charges, let them sing for it.

joflakes

fermi wrote: »

So to be 100% clear on this, about 3 years ago you did make a payment or did write acknowledging the debt?

Just want to be clear, as above when asked whether the contact 3 years ago was by payment, by you writing or by phone calls, you responded "just phone calls"

Yeah I think it was just phone calls. As far as my brain remembers anyway! I don't recall ever paying and I rarely send letters.

joflakes

give_them_FA wrote: »

.and just to add, if they don't know your address then for God's sake don't tell them!!

Especially if all the "debt" consists of is a load of unreasonable charges, let them sing for it.

I see what you mean! I'll try my best. Daylight robbery, bank charges.