Breaking News: Government has announced the statutory Code of Practice, and Enforcement Framework

ihatetrump

patient_dream said:

They dealt it and now they can smell it ....but what will the 4 stooges do now ?

Don't worry about them - they'll have other distractions (aka HMRC) to worry about soon 

Snakes_Belly

ihatetrump said:

Snakes_Belly said:

I would imagine that the likes of DRP will move onto energy bills which are forecasted to rocket.

As per my earlier thread (8:58am), through their ownership trail, DRP are already in the Energy Sector - partially owned by Shell Pensions Trust!

DRP will no doubt go wherever their Vulture  Venture Capital owners direct them - morals don't tend to be high on their list of endearing qualities. 

Energy firms do tend to use regulated debt collectors. DRP are not regulated. 

Fruitcake

HUZZAH!

Shame about the wait. I suggest we still tell victims to complain to their MPs, and suggest they suggest an interim step be to introduced to cap the charges fifthwith whilst the rest of the process is put into place.

At least now we can get motorists to tell the PPCs and judges that the UK Government has stated that the fake add on debt collection charges are, well, fake add on charges.

Humdinger1

Ah yes....VAT. You can run, but you can't hide.  I'm waiting for news of legal action and  spectacular fines, quite possibly the biggest ever levied.  When you think how far back it goes and how strapped for cash the nation is, it's too big an opportunity to miss, surely? It would be overwhelmingly popular with everyone too; apart from those paying the VAT, obviously.  I wonder if there would be a discount if paid within a fortnight?  Humdinger xx

Fruitcake

A simple answer to help the UK Chancellor of the Handbag would be to increase the levy for PPCs wanting to purchase keeper data from the DVLA (but keep it the same for landowners) to, say £10.

ihatetrump

Snakes_Belly said:

Energy firms do tend to use regulated debt collectors. DRP are not regulated. 

It's the fact that DRP are owned by Bristow & Sutor that reflects how far the tentacles of debt collection stretch. Bristow & Sutor mainly collect Council Tax debts (circa £24M turnover pre-pandemic), but they are also tout their PCN links here: https://www.bristowsutor.co.uk/services/pcn/  and Bristow & Sutor ownership is reflected here: https://www.sovereigncapital.co.uk/our-investments/bristow-sutor/

Sovereign Capital have a reported £1Bn in investments and are backed by the pension and retirement funds listed earlier (inc Shell) and by other VC funds.

Sadly the business of debt collection is enormous, and given the troubled economic future that lies ahead, it's more than likely to grow further. The impending Energy crisis is already upon us, hundreds of thousands, if not millions will no doubt fall into debt and it's almost inevitable that there will be a feeding frenzy among debt collectors to partner with Energy firms to do their dirty work for them. 

Umkomaas

Next week, 15-16 February, sees the BPA's AOS National Conference in full swing. That'll be good! 😊 

http://portfolio.cpl.co.uk/Parking-News/415/1/

Trainerman

NCC1701-A said:

Well done Bargepole, Coupon-mad and all the regulars.  I hope you get nominated in Queens honours for your services to the community.

I would vote for that !!!!  I really do have to applaud the regulars on here who tirelessly help people with these scams, even including those who don't do much to help themselves. Thank you all

BrownTrout

Umkomaas said:

Next week, 15-16 February, sees the BPA's AOS National Conference in full swing. That'll be good! 😊 

http://portfolio.cpl.co.uk/Parking-News/415/1/

Going to be some rather sour faces and the claims of doom and gloom
Of course pub car parks (as in the article) are NOT going to close! that is just nuts, they managed before PPCS and they will manage after this.

95Rollers

BrownTrout said:

Umkomaas said:

BrownTrout said:

Umkomaas said:

The allowance of up to £70 as a 'debt recovery charge' has now been binned, it is dead, it is defunct, it is pushing up the daisies.

Mr Osner can take much applause for this!  Bye bye DRP, Zenith, DCB Limited, ZZPS et al from the private parking end of the swamp!

Well done @bargepole and @Coupon-mad. 👏 

No it wont be the end of the likes of DRP at all, they will go back to their old method collecting where they take a % of the parking charge and not the add on charge.

I wonder what % of fifty quid is going to keep them afloat?

from what ive been told from a reliable source its between 10 and 20%, but its how most debt collectors work (like moorcroft etc)

They will do fine, they just can't add on a 70% "fee" and squeeze as much out of people like they have done for years. They can still make money, they just have to work for it  - instead of a £60 or £70 they'll just make do with £5 each time which ain't bad for sending a bunch of photocopied letters!

With a real debt the fees for the debt collectors are not to be added onto the customers original debt. The fee is made via arrangement with the person who has a debt, they either pay a one off fee (usually on collection) or upfront if they are stupid!  Which is usually at the 10%-20%.  Because Parking Charges are not Debts and their industry is unregulated greedy fat cats like Osner just made up their own rules to bully and coerce money out of people who didn't know the law or their rights.

I wonder if it is worth doing a last minute supplementary WS with all this new info on as my case touches down in court next month. DCBL said their fees were "not unfair nor unproportionate" (because their good mate Ossie at the BPA said so!) whereas I argued the contrary and both houses of the UK Government seem to think it is hence them having to intervene this unregulated industry! If it wasn't a problem nor fair then why has a new CoP come into play?!?

  I don't think we will that smug face from Knutsford any time soon

You spelt K*ntsford wrong!!!