Changing defaults its easy

davito1

Hi all been working on my credit history after being BR.

.

Went onto one of my reports and seen some i expected and some i did not, tsb had sold on my debts over a year and a half later and the debt/finance company also defaulted me for the same things.

But i got in touch with them and they are now back pedaling, saying they dont or might not have account details or notice of defaults lol, and instead are trying to blame the original creditor, in my case tsb and orange but my question is, who is responsible the originator of the defsult or the creditor if they have sold it on after BR.

I would say the originator in my case the finance company ( tti spc) but they are trying to say that they need to get docs from tsb, but as said i am disputing the defaults they had put on not tsb.

Same issue with Arrow Global they are trying to say its down to Orange and as they are not regulated by the Consumer Credit Act they would be able to produce docs like notification of default etc.

Any ideas folks, who is responsible the creditor or the hungry vulctures who buy them up.

I have managed to get them to change details but i want them gone, wasnt hard just emailed them with templates found online and they buckled.

Tixy

Are you saying that you went bankrupt but that you have a default for a debt included in your bankruptcy but dated after your bankruptcy?

Not sure if you have seen this thread or not but you may find it useful - Credit Reference File Clean Up Post Bankruptcy

davito1

hi Tixy,

Yeah i went BR and received defaults from TSB that were included but then tti spc bought them and also defaulted me on the very same date and same amounts even though i was BR, i understand i can change the dates but is it correct that a finance company can do this, no notification of default just an assignment letter.

As for Arrow Global they are saying its Oranges issue not theirs, again no notification.

Just curious if its the company who put the default on that is responsible for taking it off as well as issuing me the paperwork i have asked for eg an original and true copy of everything. Think they dont have it so could be removed as unsubstantiated.

Or could they use the creditors defaults.

davito1

tti spc bought the debts about 10 months after i went bankrupt from naughty TSB but tti spc used TSBs default dates. So now have double entires for the same debts, they changed some details 1 day after i had notified them asking for docs and details..

But i was realised from BR one year after applying which would have been 15/05/10 so its been a while.

Tixy

If a creditor issues a default and then at a later point sells the debt on to a debt collection agency 1 of 2 things should happen.
Either the account entry and default on your credit file stay in the name of the creditor, or the creditor can remove their entry from your file and debt collection agency can put on the same entry but in their name (using the original default date, amount etc).

The debt collector doesn't issue a new default notice in these circumstances.

But if you went bankrupt then I don't think the debt should have been sold on at all. But you may be better asking on the bankruptcy forum.

chrishep

hi i have a threat by safeloans for £510 and now they are threatning me with court for this, i am currently on benefits and cant afford what they want me to pay back, i want to pay this back but at what i can afford i have 4 young kids as well as a partner to try and support, and now i have this hanging over me i have been putting it off trying to avoid it yes its stupid i know, but now i need to sort it and fast as i dont want to go to court, any advice greatly recieved.

davito1

cheers , for that just as i thought.

I am asking tti spc to remove or prove lol, after them its onto TSB hopefully will get them all removed, wish me luck.

honey10

chrishep wrote: »

hi i have a threat by safeloans for £510 and now they are threatning me with court for this, i am currently on benefits and cant afford what they want me to pay back, i want to pay this back but at what i can afford i have 4 young kids as well as a partner to try and support, and now i have this hanging over me i have been putting it off trying to avoid it yes its stupid i know, but now i need to sort it and fast as i dont want to go to court, any advice greatly recieved.

To get help properly, you'd be better off starting your own thread, that way people will see it :-)

davito1

i contacted experian about the double defaults and they saw that they can do this, seems odd that i can have 3 defaults from tsb then 3 from tti spc for exactly the same thing, this cant be correct, experian say it is

battyboimatt

I think they can do this, I have the same with my MBNA debt, they sold it to TTI months after I had gone bankrupt, I got a nice letter from TTI saying I didnt need to do anything of pay them it was just for reference.

All that happend my MBNA defaults changed to satisifed owing nothing and then TTI then showed the default with the amount but also as satisified as it was passed my discharge.

droiderm

No, they can't . You should only have one default for one debt.

See Holly's replies in this thread.

https://forums.moneysavingexpert.com/discussion/4274773=