F&F offers, DEALING WITH REPLIES

January2015

fallen2k8 wrote: »

Hi,

Thank you, that was very helpful.

I woke up today to find an email from PRA now accepting my initial offer @25%.

This must be due to my account being reviewed and found to be temporarily unenforceable.

Question is: accept or wait? (bearing in mind the money offered by a family friend may not exist forever)

Only you will know what you feel comfortable with - accepting or waiting out to see what happens.

Me - I wouldn't pay 25%, but that's just me. I would wait it out and aim for a lower settlement of 10%. I figure if they've accepted 25% now then it doesn't matter if you wait, it shows they are open to accepting that figure, so wait it out and if you have no luck with UE stuff then go for the 25% offer again. However, you may not have access to the funds in the future and that may make you decision different to how I would move forward with this..... as I said, only you know what you feel comfortable with.

Good luck :beer:

fallen2k8

Hi January2015,

I think I'll wait for a bit if that's the case, thank you so much for your help and support, you've been an absolute star

Cheers!

fallen2k8

Hello all,

I have received a response from PRA Group today regarding the CCA request, they sent me the original application that I signed back in 2003 for a Barclays Card but I can nowhere see the prescribed terms and conditions, interest rate etc. I have linked a copy of it below (blanked out personal details)

https://drive.google.com/file/d/0BxNiNr4u8KoIY2ZwS09xRnVYbVRwbDdKY2ozS192WVpIQm1F/view?usp=sharing

Is this still enforceable or is it just a bluff on their part?

January2015

fallen2k8 wrote: »

Hello all,

I have received a response from PRA Group today regarding the CCA request, they sent me the original application that I signed back in 2003 for a Barclays Card but I can nowhere see the prescribed terms and conditions, interest rate etc. I have linked a copy of it below (blanked out personal details)

https://drive.google.com/file/d/0BxNiNr4u8KoIY2ZwS09xRnVYbVRwbDdKY2ozS192WVpIQm1F/view?usp=sharing

Is this still enforceable or is it just a bluff on their part?

You need expert advice on this. Visit the All About Debt forum and ask over there. You will need to send their adminitrator a copy which has no redactions on it. Post of their unenforceability thread first - without posting the document and they will advise you how to proceed to have them look at this for you.

fallen2k8

Hi, I did what you asked and the debt is in fact unenforceable.

I will accept PRA's offer at 75 percent reduction (not bad at all).

Can a CCA request be sent out for a defaulted mail order account? NCO are currently in charge of that debt and I have a balance of £1800 left on that. Is it still worth sending a CCA request?

Cheers

fallen2k8

Sorry I meant the PRA debt is enforceable *

January2015

fallen2k8 wrote: »

Hi, I did what you asked and the debt is in fact unenforceable.

I will accept PRA's offer at 75 percent reduction (not bad at all).

Can a CCA request be sent out for a defaulted mail order account? NCO are currently in charge of that debt and I have a balance of £1800 left on that. Is it still worth sending a CCA request?

Cheers

I wouldnt't accept settling at 25% for a UE debt. I would want it settled though - consider going back and counter offering 10%. They know it's UE and so do you. Perhaps consider telling them it's been confirmed UE - just leave it vague and let them assume that you mean they have confirmed it. Say in the circumstances you feel you could get support from a relative to help you clear the debt if they accept 10%. Don't let them know it's your money rather than a relatives.

Black_Monday

Sorry to jump in but PRA have continually informed me that my £12,800 debt is unenforceable, even up to July this year, yet I have now received a letter before action. Everyone is told they will not be taken to Court if they say the debt is unenforceable so how is this happening to me!

fallen2k8

January2015 wrote: »

I wouldnt't accept settling at 25% for a UE debt. I would want it settled though - consider going back and counter offering 10%. They know it's UE and so do you. Perhaps consider telling them it's been confirmed UE - just leave it vague and let them assume that you mean they have confirmed it. Say in the circumstances you feel you could get support from a relative to help you clear the debt if they accept 10%. Don't let them know it's your money rather than a relatives.

I was meant to say the debt was found to be Enforceable. Which is why I'm going to go ahead and accept their offer. If it was unenforceable then I would most definitely just ignore that offer and go for the SB route. Appreciate your advice.

January2015

fallen2k8 wrote: »

I was meant to say the debt was found to be Enforceable. Which is why I'm going to go ahead and accept their offer. If it was unenforceable then I would most definitely just ignore that offer and go for the SB route. Appreciate your advice.

Ahhhh .... two important little letters those UN's :rotfl:

In that case 25% to settle is a good offer.