Moorcroft Debt Recovery

bkfi

sourcrates said:

Stall them with whatever you can till it crosses the 6 year line.

Figured i would circle back around.

I sent Moorcraft a prove it letter about a month ago, and it dropped off my Equifax report today. Any idea what happened? Possibly the debt has been sold?

D3xt3r5L4b

Has it moved to “closed accounts” and does it still show a balance?

bkfi

D3xt3r5L4b said:

Has it moved to “closed accounts” and does it still show a balance?

I checked my report from 14/3/20 and the status shows defaulted not closed.

But as of today Its disappeared completely from my current report.

bkfi

D3xt3r5L4b said:

Has it moved to “closed accounts” and does it still show a balance?

any thoughts?
This is what equifax says

sourcrates

Sometimes things happen which do not fall into any of the usual catagories, and without any explanation from either the creditor, or the CRA.

Occasionally, if an account is in dispute, the CRA will hide the details (temporarily) from view, so you won`t see it when you log on.

Another reason could be the creditor has deemed the debt uncollectable, and wiped the whole thing, should not normally happen, but does.

Or it could be any one of 50 other reasons, without an explanation, its only possible to speculate on why, i had an account vanish under similar circumstances about 10 years ago, just vanished from the credit file, it was a credit card, about £2500 on it, never received another statement, or letter of any kind, never been chased for it, or asked for payment, no record of it exists anywhere, online account suspended permananetly.

It did eventually go into my IVA, but they never took the money from that either, very weird.

bkfi

sourcrates said:

Sometimes things happen which do not fall into any of the usual catagories, and without any explanation from either the creditor, or the CRA.

Occasionally, if an account is in dispute, the CRA will hide the details (temporarily) from view, so you won`t see it when you log on.

Another reason could be the creditor has deemed the debt uncollectable, and wiped the whole thing, should not normally happen, but does.

Or it could be any one of 50 other reasons, without an explanation, its only possible to speculate on why, i had an account vanish under similar circumstances about 10 years ago, just vanished from the credit file, it was a credit card, about £2500 on it, never received another statement, or letter of any kind, never been chased for it, or asked for payment, no record of it exists anywhere, online account suspended permananetly.

It did eventually go into my IVA, but they never took the money from that either, very weird.

Thank you sourcrates!
I suppose I will just wait and see what happens, is it possible that it got sold to a different debt collector and in May it will be reported under their organisation name as a collection item?

sourcrates

bkfi said:

sourcrates said:

Sometimes things happen which do not fall into any of the usual catagories, and without any explanation from either the creditor, or the CRA.

Occasionally, if an account is in dispute, the CRA will hide the details (temporarily) from view, so you won`t see it when you log on.

Another reason could be the creditor has deemed the debt uncollectable, and wiped the whole thing, should not normally happen, but does.

Or it could be any one of 50 other reasons, without an explanation, its only possible to speculate on why, i had an account vanish under similar circumstances about 10 years ago, just vanished from the credit file, it was a credit card, about £2500 on it, never received another statement, or letter of any kind, never been chased for it, or asked for payment, no record of it exists anywhere, online account suspended permananetly.

It did eventually go into my IVA, but they never took the money from that either, very weird.

Thank you sourcrates!
I suppose I will just wait and see what happens, is it possible that it got sold to a different debt collector and in May it will be reported under their organisation name as a collection item?

Yes, anything is possible, until you find out otherwise, its a case of wait and see.

bkfi

sourcrates said:

Yes, anything is possible, until you find out otherwise, its a case of wait and see.

1 month on and I've heard nothing and its remained off my credit report. My level of optimism is increasing...

sourcrates

Most likely senario is that Moorcroft have returned the account to the original creditor, and they are sittng on it pending sale or collection by another DCA.

Not much is happening at present due to the covid-19 situation.

pdbmn

i have an actual debt which is £500 more than the original amount i owed,  Moorcroft has been trying to contact me ,  should i just ignore it ? i'm thinking if i ignore it for 6 years it'll go away ... (?)