"Beat the Bailiffs" FB Group

ToxtethO'Grady

3 letter process ...is when you have a genuine dispute and not for everyone to do just because they think they can get out of a debt...if that is the case it will usually result in the creditor deciding that a CCJ is prefereable as they've now proved the debt is owed and if you have a property why not go for a Charging Order or if its jointly owned a restriction?



I know why don't you put the word vexatious in as well? They always goes down a treat and leads to them paying more attention to your debt.

WhenIam64

I'm going to wade in here with a [partial] defence of the FB suggestion. If @chasingsolvency were to take @Stevespy's suggestion as a start of her process then some of the debts might be zero'd.

The aim here would be to get the amount down to under £20K for a DRO (£90) rather than £680 for bankruptcy. As a caveat, I am unsure where Scots Law might affect this and professional advice from a local CAB should be sought.

Going back to some of these FB groups, they have a grasp of the principles of assignment back lack the depth of knowledge to challenge these if it were to go to a court. With all due respect to the pro-/anti- FB views, there are legal solutions available but it takes a qualified person to see them through. A "3 step solution" inappropriately applied with limited knowledge is just asking for trouble.

Stevespy

The Three Letter Process is writing off lots of debts. Check out the group and see just how many debt buyers are closing the accounts in response to the 3 Letter Process. Proof is in the pudding! Hundreds of Thousands of Pounds being written off.

They buy the debts in bulk, initially without ANY paperwork. When challenged they run to the original creditor (if they can) and try to get the original contract. Many fail at this as the record are often simply not kept or the Original Creditor no longer is in business.

If they can prove the original debt exists, they the have the problem of confirming Absolute Assignment as per Section 136 of the Law of Property Act 1925.

The Supreme court legislation that says they have to provide the DEED of Assignment is this:

See (Van Lynn Developments v Pelias Construction Co Ltd 1968.[3] All ER 824) Where Lord Denning MR said " the debtor is entitled to view the sale agreement to ensure that the assignee can give him good discharge under the contract"

Also; [Webster v Ridgeway (2009) ] " Where a debtor is entitled to see a redacted version.

Anyone dealing with a debt buyer should check out the 3 Letter process, which we help people with, all the way to court if necessary, before signing up for a more expensive Government promoted option. IVA's last 5-6 years, Bankruptcy costs £680 and last 12 months etc.

Three Letters only costs the price of 3 letters and takes 42 days to complete. (14 days between letters)

Write 3 letters, see if they close the account (many do!!!) and then look at other options

sourcrates

fatbelly wrote: »

It's difficult to know where to start on that post. Every paragraph has errors in it and we haven't even seen the three letters yet. You might as well tell the creditor that you're from the planet Zog and Earth laws do not apply.

They are downloadable from various websites, i`ve just had a look at them, dubious would be the best description i could come up with for them.


Under what legislation they make these assumptions i dont know, fair enough, i dislike debt collectors/buyers mainly for the reasons they state, but i`m not certain this is the way to go about beating them.

TheGardener

sourcrates wrote: »

... but i`m not certain this is the way to go about beating them.

You're right - its not.
This thread gets bumped now and again by stevespy.