Lowells

Vaughfitz

I sent the letter from the sites template 

Vaughfitz

I also have my state pension starting in September so hopefully it will not re - set as that would be so bad for me trying to pay out extra outgoing 

Vaughfitz

I have received a letter from Lowell saying they have requested documents from former GECapitol card account in response to my CCA request

Saying they have asked them to provide and aim to get back in 12,working days

If they have not heard back within 40 days from GECapitol they will send me an update

That's is much Longer than the initial 12 days is this correct please

Thank you

sourcrates

As per your other post, its fine, the 12 days are just guidelines, Lowell have to request documents from the original creditor, and it always takes time.

BadDebtor

Makes me think my "never engage" is the best strategy if one has no assets or means to pay, even if they take legal action if you have nothing they get nothing.

sourcrates

BadDebtor said:

Makes me think my "never engage" is the best strategy if one has no assets or means to pay, even if they take legal action if you have nothing they get nothing.

If you`re unemployed, live with mum and dad, don`t have any assets and no savings, then I might agree with you.

Thing is most people have something they wouldn`t want to lose, so that strategy isn't for everyone.

Vaughfitz

I can came onto  this website as it’s so very helpful to anyone who needs help with many subjects

Comments and replies to my problem now have me wondering if I have done the right thing I applied a statute barred letter which unfortunately still has one year left on it, then I sent the CCA which I’m hoping the credit trail will not be found as it is 15  plus years old 
if however it is found and the new buyer of my debt Lowell say so, are they able to take court action?  even though it has been bought and sold often with no other doing so

sourcrates

Vaughfitz said:

I can came onto  this website as it’s so very helpful to anyone who needs help with many subjects

Comments and replies to my problem now have me wondering if I have done the right thing I applied a statute barred letter which unfortunately still has one year left on it, then I sent the CCA which I’m hoping the credit trail will not be found as it is 15  plus years old 
if however it is found and the new buyer of my debt Lowell say so, are they able to take court action?  even though it has been bought and sold often with no other doing so

Short answer is yes, but only as a last resort.

It doesn`t matter how many times a debt is bought or sold, the new buyer inherits all rights and privileges of the original creditor.

The real question is can they provide evidence of your liability for the debt, which is what you have asked them to do, without the legal niceties of such paperwork, no legal action will be successful, as the lack of such evidence would form your defence.

Lets suppose Lowell can`t provide what you have asked for, that being the case, the debt would be dead in the water basically, and they would likely just give up on it.

If they do provide it, then its enforceable, and all options are open again, you would need to decide on a plan going forward.
Continuing to ignore them under those circumstances, would likely result in a court claim.

Vaughfitz

Hi I have today received three letters with regards CCA on three debts which Lowell bought
these are the second set of replied the first saying they had requested credit agreements and would let me know  the ones today are an update saying they are still awaiting credit agreement 
I sent CCA to them end of April I’m wondering if there is a time limit they have? Thank you for any advice 

fatbelly

No, there's no time limit - those debts just stay unenforceable until they can comply