DMP & Mutual Support Thread - Part 11

Puzzcat

somuchindebt wrote: »

Hi, one of my creditors has sold debt onto Lowell. I asked original creditor to send me the letter, so I have something in writing, that I now need to pay Lowell and not them, but they don't want to send me one. Am I right to be worried that I will be paying to Lowell and in few years time original creditor might come after me, as it's them who the agreement was with? They say I will get the letter from Lowell, but really, any company could send me the letter saying I owe them, and I would like to get the letter from original creditor (Halifax). Thanks

Most of my debts are now with dca's including 2 with lowells, I didn't always receive a letter from the original creditor. I wouldn't worry they are a genuine company and have been good to deal with so far!
Puzz

sourcrates

somuchindebt wrote: »

Hi, one of my creditors has sold debt onto Lowell. I asked original creditor to send me the letter, so I have something in writing, that I now need to pay Lowell and not them, but they don't want to send me one. Am I right to be worried that I will be paying to Lowell and in few years time original creditor might come after me, as it's them who the agreement was with? They say I will get the letter from Lowell, but really, any company could send me the letter saying I owe them, and I would like to get the letter from original creditor (Halifax). Thanks

Hi,

Lowell are a specialist debt purchaser.

They will write to you, introducing themselves, and informing you that they have bought your debt.

With it being Christmas this letter may be delayed, but they will write to you.

Once a debt is sold it does not usually go back to the original creditor unless there are enforceability issues with the account.

Sazzie23

somuchindebt wrote: »

Hi, one of my creditors has sold debt onto Lowell. I asked original creditor to send me the letter, so I have something in writing, that I now need to pay Lowell and not them, but they don't want to send me one. Am I right to be worried that I will be paying to Lowell and in few years time original creditor might come after me, as it's them who the agreement was with? They say I will get the letter from Lowell, but really, any company could send me the letter saying I owe them, and I would like to get the letter from original creditor (Halifax). Thanks

RBS has sold my debt to someone, can't recall who off top of head, but they wrote and said...we have passed the debt and all our rights to xxxx. Which seems to me to make sense in this day and age of scammers left, right and centre, But Lowell are a reputable DCA (within the shonky world of DCAs).
If you are worried, look up Lowells contact details on the WWW and call them, they should be able to have you details of debt and any arrangements you have set up.

Sazzie23

Ps Mardy, great word, although round here you tend to be a Mardy A--e rather than having a Mardy ��

Sazzie23

Oops, forgot what I came on here for.

Anyone who has MBNA debts, and is considering a new bank account, this may be of interest

http://www.dailymail.co.uk/wires/afp/article-4050776/Lloyds-bank-says-buys-credit-card-firm-MBNA-1-9bn.html

Probably best to keep away from Lloyds if you have MBNA debts.

Saz

somuchindebt

Thanks guys!

Coinmachine

Quite stunned, after months of complaining to Halifax about their failure to default me they have reduced what I owe them by £1000 and given me £300 compensation. Even if you are on a DMP dont accept poor service, you have a right to complain.

sourcrates

Coinmachine wrote: »

Quite stunned, after months of complaining to Halifax about their failure to default me they have reduced what I owe them by £1000 and given me £300 compensation. Even if you are on a DMP dont accept poor service, you have a right to complain.

Always pays to complain !!!

Well done !!

CP2016

Sazzie23 wrote: »

Ps Mardy, great word, although round here you tend to be a Mardy A--e rather than having a Mardy ��

It was mard a--e where I came from but I'd think they meant pretty much the same thing. (I wasn't sure if a--e was too rude for this thread.:rotfl:)

CP2016

Coinmachine wrote: »

Quite stunned, after months of complaining to Halifax about their failure to default me they have reduced what I owe them by £1000 and given me £300 compensation. Even if you are on a DMP dont accept poor service, you have a right to complain.

Good result there Coinmachine - did you have to get the FSA involved or was it complaints direct from you to them that got it sorted?