cca request?

hagler

hello everyone

so my debt has been sold to a company called lowells and they are now chasing me for payment

is this a good time to do the cca request or should i hang in there until these guys sell it again

many thanks

steve

Grumpelstiltskin

What is the debt, credit card, loan?
When was it taken out?

The answer to those 2 will help.

fatbelly

Yes providing it is a Consumer Credit Act debt, now is a good time to do a formal request.

If they can comply, then you are clear to do whatever your strategy is

hagler

Grumpelstiltskin said:

What is the debt, credit card, loan?
When was it taken out?

The answer to those 2 will help.

hi grumpel its normal credit card debt

hagler

fatbelly said:

Yes providing it is a Consumer Credit Act debt, now is a good time to do a formal request.

If they can comply, then you are clear to do whatever your strategy is

thanks fatbelly i read an old post sometime ago where sourcrates suggested to let the credit card debt be sold a few times before doing a cca request, what do you think, should i do a cca before they start legal action

RAS

Did the original creditor issue a default? It'll be on one of your credit records.

fatbelly

You can do a request multiple times if you need to, just not more than once a month.

It makes sense to check it's enforceable before you start paying Lowell anything.

I can't say Lowell never sell debts on but they seem to either let them die or start court action through Overdales

sourcrates

Lowell tend to keep the debts they buy, and not sell them on, so if its with them now, its likely to stay with them.

hagler

RAS said:

Did the original creditor issue a default? It'll be on one of your credit records.

hi ras, yes they have

hagler

fatbelly said:

You can do a request multiple times if you need to, just not more than once a month.

It makes sense to check it's enforceable before you start paying Lowell anything.

I can't say Lowell never sell debts on but they seem to either let them die or start court action through Overdales

thanks fat belly, i think ill proceed with a cca request

hagler

sourcrates said:

Lowell tend to keep the debts they buy, and not sell them on, so if its with them now, its likely to stay with them.

thanks sourcrates what do you think shall i play it cool with them and ignore them waiting for a settlement or should i do a cca request and if they can furnish one start an affordable payment plan