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Account on hold.....but they are useless!
dobbollah
Posts: 234 Forumite
I had a loan with sainsburys with when I went into my DMP got sold to Arrow Global, however Moorcroft Debt Recovery are the 'collection company'
Te account is in default and the default expires December 2016.
Back in May I sent a CCA request to them, a month later they confirmed receipt of the letter and they suspended collection on the account stating they wont seek to enforce payment of the debt until such time as the documentation has been supplied or they are advised to the contrary.
3 months on.....nothing heard.
I'm assuming they are struggling to find it.
I did in July write to them stating if they couldn't provide the docs I'd pay them £1 a month for the next 7,777 months or they could accept an offer of £1000 to settle the account there and then, this letter was ignored.
I guess I just sit tight and do nothing for the foreseeable..?
Te account is in default and the default expires December 2016.
Back in May I sent a CCA request to them, a month later they confirmed receipt of the letter and they suspended collection on the account stating they wont seek to enforce payment of the debt until such time as the documentation has been supplied or they are advised to the contrary.
3 months on.....nothing heard.
I'm assuming they are struggling to find it.
I did in July write to them stating if they couldn't provide the docs I'd pay them £1 a month for the next 7,777 months or they could accept an offer of £1000 to settle the account there and then, this letter was ignored.
I guess I just sit tight and do nothing for the foreseeable..?
Debt free since Jan 2016
:beer:
:beer:
0
Comments
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how much was the loan for?how much is outstanding?
as you i assume made payments then surely that is acknowledgement of the debt?0 -
how much was the loan for?how much is outstanding?
as you i assume made payments then surely that is acknowledgement of the debt?
Hi,
It doesn't matter if he acknowledged it or not, makes no difference to the agreement status.
If they can't provide it, it's unenforcable.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 -
theres £7777 left, and its been acknowledged the statute barred thing is not in play here..............
was more of a question of should i let sleeping dogs lie until they one day provide it or tell me they can.....Debt free since Jan 2016
:beer:0
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