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Transcom chasing but I've paid!!
Trickyred
Posts: 1 Newbie
Hi all, long time lurker first time poster!!
I had a County Court Judgment order me to pay Arrow Global LLC £3357.00 by instalments of £50.00 per month starting August 2008 until its paid off. Fair enough, I stuck my head in the sand and put on my big boy pants and faced the music.
I have paid £50 per month from a standing order to them and later Transcom when it changed to them.
Scroll forward to 7th March 2014 and I've paid, including this month, £3400, so actually £43 over the amount, but now I've had a letter from Transcom saying I still owe them £850.30 and discuss a settlement discount and discuss my financial circumstances.
I haven't contacted them yet in case it triggers some kind of acknowledgement or anything like that, so I just wondered if this is common practice, or what the heck they're trying to do!!
Any help muchly appreciated.
I had a County Court Judgment order me to pay Arrow Global LLC £3357.00 by instalments of £50.00 per month starting August 2008 until its paid off. Fair enough, I stuck my head in the sand and put on my big boy pants and faced the music.
I have paid £50 per month from a standing order to them and later Transcom when it changed to them.
Scroll forward to 7th March 2014 and I've paid, including this month, £3400, so actually £43 over the amount, but now I've had a letter from Transcom saying I still owe them £850.30 and discuss a settlement discount and discuss my financial circumstances.
I haven't contacted them yet in case it triggers some kind of acknowledgement or anything like that, so I just wondered if this is common practice, or what the heck they're trying to do!!
Any help muchly appreciated.
0
Comments
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Could they have been adding interest?
See: https://www.nationaldebtline.org/EW/factsheets/Pages/18%20EW%20County%20court%20-%20interest%20charges/Default.aspx
If they have it might be worth giving NDL a call to see whether they think you are legally obliged to pay anything that has been added on.Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB
IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed0
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