Default already threatening AP Marker

Aqua1985

So a long story condensed as much as possible,
1) Quickquid debt not paid
2) Sold to Asset Collections who file to go to court through TM Legal services
3) Mediation agreement reached of £65 per month (has been paid for last 12 or so months and I intend to continue until paid off) paid to TM legal services so no CCJ issued.


Now currently the default is showing as nearly two years old on my credit file the Lender as Quickquid and the balance of zero. Asset collections and TM Legal services are not reporting to the CRA's and Im happy with the original default as it reflects the truth.
Out of the blue yesterday I receive an email from TM legal services a 'Notice of Assignment' to say Asset collections have now sold the debt to Perch Capital and TM legal services will continue to take payment - not a problem.
It however states that Perch capital may report to the CRA's in the next 30-60 days and may include payment arrangements, balances and defaults and I show pay off the account to avoid this as it will make getting credit harder?
Is it likely that Perch capital will do this and show an outstanding balance and if so an unsettled Default?

[Deleted User]

The default needs to stay at the same date (although may be in the owner's name), but the balance can be shown as whatever is the true case.

[Deleted User]

Aqua1985 wrote: »

So a long story condensed as much as possible,
1) Quickquid debt not paid
2) Sold to Asset Collections who file to go to court through TM Legal services
3) Mediation agreement reached of £65 per month (has been paid for last 12 or so months and I intend to continue until paid off) paid to TM legal services so no CCJ issued.


Now currently the default is showing as nearly two years old on my credit file the Lender as Quickquid and the balance of zero. Asset collections and TM Legal services are not reporting to the CRA's and Im happy with the original default as it reflects the truth.
Out of the blue yesterday I receive an email from TM legal services a 'Notice of Assignment' to say Asset collections have now sold the debt to Perch Capital and TM legal services will continue to take payment - not a problem.
It however states that Perch capital may report to the CRA's in the next 30-60 days and may include payment arrangements, balances and defaults and I show pay off the account to avoid this as it will make getting credit harder?
Is it likely that Perch capital will do this and show an outstanding balance and if so an unsettled Default?

They may well do yes, and are obliged to do so.

sourcrates

You already have the default, the damage is done.

The wording of the letter is just generic and it may, or may not apply to you.
The new owner may report the default, but it’s the same default.