We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Capquest and CCJ?
Bigjazzy
Posts: 61 Forumite
Hi All
my debts are just at the statute barred stage give or take a few months. Out of the blue have capquest chasing me threatening to take me to court.
They have sent me a letter that Capquest investments has purchased the debt. Do they (Capquest) apply for and go through getting a CCJ or is it just a bluff?
I would like to make a settlement offer but don't want to restart the clock, but at the same time don't want a CCJ, especially as the debt defaulted in 2009 and will come off my CRA next year!
my debts are just at the statute barred stage give or take a few months. Out of the blue have capquest chasing me threatening to take me to court.
They have sent me a letter that Capquest investments has purchased the debt. Do they (Capquest) apply for and go through getting a CCJ or is it just a bluff?
I would like to make a settlement offer but don't want to restart the clock, but at the same time don't want a CCJ, especially as the debt defaulted in 2009 and will come off my CRA next year!
0
Comments
-
It is certainly possible that they may actually try to commence court action and sometimes do.
But they like all DCAs threaten court action many times more than they actually do take it, and threaten it when they don't have the correct paperwork to prove the debt etc.
How much is the alleged debt?
If they did successfully take court action would you be in a position to pay the debt in full within a month (so they CCJ would not be recorded on your credit file).A smile enriches those who receive without making poorer those who giveor "It costs nowt to be nice"0 -
The debt is around £16k. IF they did get a CCJ I wont be able to pay but would argue in court and look to pay £1 as I really could not afford it.
Debt is 5years old and now owned by Capquest, how much do you think they will accept as F&F?0 -
Hi All
my debts are just at the statute barred stage give or take a few months. Out of the blue have capquest chasing me threatening to take me to court.
They have sent me a letter that Capquest investments has purchased the debt. Do they (Capquest) apply for and go through getting a CCJ or is it just a bluff?
I would like to make a settlement offer but don't want to restart the clock, but at the same time don't want a CCJ, especially as the debt defaulted in 2009 and will come off my CRA next year!
You could try and wait it out, if its close to the 6 year limit, or you could ask them to prove you owe the debt, link here :
https://forums.moneysavingexpert.com/discussion/2607247
that will automatically put the account on hold, until they come up with the paperwork, may take em a while.I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter0 -
£16K they will be looking at ccj or bankrupcy I would imagineDon't put your trust into an Experian score - it is not a number any bank will ever use & it is generally a waste of money to purchase it. They are also selling you insurance you dont need.0
-
What's the debt for?
When taken out?
Prove it letter is good.:beer:0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.1K Banking & Borrowing
- 253.5K Reduce Debt & Boost Income
- 454.2K Spending & Discounts
- 245.1K Work, Benefits & Business
- 600.7K Mortgages, Homes & Bills
- 177.5K Life & Family
- 258.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards