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Self Managed DMP Account Sold
DFWBNewbie
Posts: 8 Forumite
Looking for help with the next steps
Shop Direct - default notices been arriving since last payment in February. But no official default yet.
Letter today to say the account has been SOLD to ACI
Do I go ahead and start payments with them ?
Shop Direct - default notices been arriving since last payment in February. But no official default yet.
Letter today to say the account has been SOLD to ACI
Do I go ahead and start payments with them ?
0
Comments
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Wait until ACI write to you. And if they advise it's sold, ask for evidence of the default.If you've have not made a mistake, you've made nothing0
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Thankyou, they have written initial letter and emailed but no evidence for a default so I will ask for this.0
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It's possible the account has just been assigned to them?If you've have not made a mistake, you've made nothing0
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Reading the letter it's now been brought by Perch Capital Limited on the 2nd Septemeber and ACI started to mamage it for them0
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They are just collectors as far as i know. My Nationwide account was assigned to them and they sent me a few of their standard threat letters before giving up when I ignored then.
Ignore everything until you hsve evidence that the debt had defaulted, then start paying if you hsve enough of an emergency fund built up.0 -
Keep in mind, debts do not have to default to be sold.
If Perch Capital have bought it, they will have assigned it to ACI to collect on their behalf.
Keep checking your credit report for the default, see what the letter from ACI says when you get it.I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter0
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