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.
Please help - deciphering reply to CCA request from Moorcroft
MrsBoo
Posts: 9 Forumite
Debt is over 6 years old and off my credit file.
Excerpt from letter:
We acknowledge receipt of your recent letter requesting data as per Section 77-79 Consumer Credit Act 1974, and can confirm that we have requested the relevant documentation from our client will forward it to you when it is received.
We must also stress that we are not seeking to enforce an agreement and have only asked that payment is made towards a debt that is outstanding by way of an affordable repayment plan. However, if you believe we are unable to ask that your account is repaid in this manner please provide us with specific details so the client can address any specific concerns you may have. This request is asked to also minimise potential costs and delays.
Should you have any additional information please do not hesitate to contact us direct on the above telephone number.
Can anyone help me to decipher this?
Mrs Boo
Excerpt from letter:
We acknowledge receipt of your recent letter requesting data as per Section 77-79 Consumer Credit Act 1974, and can confirm that we have requested the relevant documentation from our client will forward it to you when it is received.
We must also stress that we are not seeking to enforce an agreement and have only asked that payment is made towards a debt that is outstanding by way of an affordable repayment plan. However, if you believe we are unable to ask that your account is repaid in this manner please provide us with specific details so the client can address any specific concerns you may have. This request is asked to also minimise potential costs and delays.
Should you have any additional information please do not hesitate to contact us direct on the above telephone number.
Can anyone help me to decipher this?
Mrs Boo
0
Comments
-
Hi,
Very simple.
Moorcroft only manage debts, they do not buy them.
They have to go back to the original creditors (there client) in order to obtain the contract you signed.
Whilst this happens the debt is unenforceable, so they cannot enforce their rights through the courts, but they can still ask you for payment, but you do not have to comply.
So until you get your response, you need do nothing.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 -
Fabulous - thank you!
Their clients are Arrow Global but the original debt was with Sainsbury's bank.
So I'll just sit tight and do nothing then. :rotfl:0
This discussion has been closed.
Categories
- All Categories
- 347K Banking & Borrowing
- 251.5K Reduce Debt & Boost Income
- 451.7K Spending & Discounts
- 239.3K Work, Benefits & Business
- 615.1K Mortgages, Homes & Bills
- 175K Life & Family
- 252.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 15.1K Coronavirus Support Boards