HSBC sold my debt!

Archangel

shokadelika wrote: »

Seems to mee like you spent 4k and are trying to avoid paying it back.
Question : Who made YOU spend that 4k ?

My Job!

Basically, trying to keep going given that I kept being promised a lot of things. Never will do this again.

I've got no problems paying it back, but if I can pay less, especially since some company has bought it for less, then, I don't see why not. Got a problem with that?

Luc.

shokadelika

Archangel wrote: »

My Job!

Basically, trying to keep going given that I kept being promised a lot of things. Never will do this again.

I've got no problems paying it back, but if I can pay less, especially since some company has bought it for less, then, I don't see why not. Got a problem with that?

Luc.

Then pay it back then !what has it got to do with you that some company bought your debt for less than you paid for it.You owe the money YOU spent it!.

Be responsible for YOUR actions!.:rotfl:

Archangel

shokadelika wrote: »

Then pay it back then !what has it got to do with you that some company bought your debt for less than you paid for it.You owe the money YOU spent it!.

Be responsible for YOUR actions!.:rotfl:

Because, (as it seems you miss the point), it's not them I owe the money to, it's the original company I owe, they just bought the debt for less. Do you not get this? Is this beyond you?

I won't argue the toss anymore than this. Get the point?

Luc.

lemma1968

Deleted comments - Troll alert.

rog2

Archangel wrote: »

Because, (as it seems you miss the point), it's not them I owe the money to, it's the original company I owe, they just bought the debt for less. Do you not get this? Is this beyond you?

I won't argue the toss anymore than this. Get the point?

Luc.

Hi Luc - Just try and ignore the 'Trolls' - maybe they will crawl back under their bridges.
The Debt Collection 'Industry' (and I use that word very loosely) earns a great deal of money out of the misfortune of people like you (and me, I hasten to add). Regardless of what Robinson Way have paid for this 'alleged debt' there will be sufficient 'margin' in it for you to negociate.
It hacks me off, too, when people say 'You spent the money - you OWE it.' This type of totally inane comment was thrown at me, almost daily, by MBNA, over a credit card debt of £3,200, yet on analysis the 'debt' was found to include over £1,400 of unfair penalty charges, that were accumulated over six months.
Have a look at: http://www.nationaldebtline.co.uk where you will find template letters that you can use when making an offer for 'Full and Final' Settlement.

lemma1968

For those whose names need not be mentioned - This site is not for judgment it's for help. :mad:

Kevicho

shokadelika wrote: »

Seems to mee like you spent 4k and are trying to avoid paying it back.
Question : Who made YOU spend that 4k ?

Pls be nice to all MoneySavers. There's no such thing as a stupid question, and even if you disagree courtesy helps.

Now thats sorted, i thinkit is clear the OP has been trying to pay HSBC back, and following banking regs the banks have a responsibility to not profit and help when someone encounters financial difficulties, i mean lets be honest they are happy enough to loan out ridiculous amounts, its a business risk they take when for instance someone loses there job and is unable to pay for a while.

I think the real question is should banks be allowed to sell on debts, especially when someone's in a DMP and is trying to pay the debt back.

rog2

Archangel wrote: »

Remember, I've been told to wait until they contact me. Dunno if this is right or not. Luc.

Then my advice would be to do just that - wait until you hear from them. I assume that you were told to do this in writing.
The additional delay may assist you in bringing you closer to the time when you will be able to make a Full and Final Settlement offer.

lemma1968

Just make sure you keep ALL paperwork from them and copies of whatever you send to them.

NEVER - NEVER speak to them over the phone.

Archangel

rog2 wrote: »

Hi Luc - Just try and ignore the 'Trolls' - maybe they will crawl back under their bridges.

Will try :mad:

rog2 wrote: »

The Debt Collection 'Industry' (and I use that word very loosely) earns a great deal of money out of the misfortune of people like you (and me, I hasten to add). Regardless of what Robinson Way have paid for this 'alleged debt' there will be sufficient 'margin' in it for you to negociate.
It hacks me off, too, when people say 'You spent the money - you OWE it.'

Yeah, this did my head in.

rog2 wrote: »

This type of totally inane comment was thrown at me, almost daily, by MBNA, over a credit card debt of £3,200, yet on analysis the 'debt' was found to include over £1,400 of unfair penalty charges, that were accumulated over six months.

Yep, there are charges on this one too, somewhere along the line.

rog2 wrote: »

Have a look at: http://www.nationaldebtline.co.uk where you will find template letters that you can use when making an offer for 'Full and Final' Settlement.

Thanks, but back to my original question, should I contact them first or wait for them to contact me?

Luc.