sourcrates wrote: »
Its one of your statutory rights to ask for this information.
If, a creditor cannot produce what they are supposed to produce, the debt may be unenforceable.
After you make the requests, the consumer credit act allows 14 days for compliance, after this time your accounts are automatically unenforceable in court until such time as they respond to you, however long that may be.
So always worth doing.
Debtfreewannabe1 wrote: »
I have 3 creditors, Cabot (Egg) 2x Wescot (Lloyds credit card 7 loan)
Just_Di wrote: »
Was the ex-Egg debt originally a loan or credit card (portfolio purchased by Barclaycard in 2011)? Loan
And is the current owner Cabot Financial Ltd., Cabot Financial (UK) Ltd or Marlin etc. It may matter. Cabot financial (europe) limited
Are you sure the other two accounts are still with Lloyds not assigned to a debt purchaser because that's not always obvious when you're in a DMP especially if the same DCA carries on managing the account for the next owner ? - I get lloyds statements but managed by westcot bit confused there
Was there PPI on any of these three accounts, or indeed on any of your other debts which you have now paid off? Or have you only ever had three debts in this DMP? - need to check these thanks
My feeling is negotiation is best conducted from a position of strength, so sending the s 77-79 CCA Requests to see if the debts are actually enforceable makes sense.
sourcrates wrote: »
You could of had the same piece of mind for free with a debt charity.
Lesson learned me thinks.
nortong wrote: »
Why not give them a piece of your mind so that you can have some peace of mind?
purdyoaten2 wrote: »
Hmm - sourcrates may not have the best grammar skills and the use of 'of' instead of 'have' can be infuriating but I wish that I possessed half of his knowledge and willingness to help others in dire need of advice - as he consistently and tirelessly portrays.
Here’s what the Deals Team have spotted
The rule change comes into force tomorrow
Get some inspo ahead of Christmas