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edwi69

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  1. Hi There Sorry To Hijack Your Thread But I Wrote To Mbna After I Had Defaulted And Asked Them To Accept My Offer Of A Monthly Payment And Initialed And Printed My Name But They Said They Cannot Action My Request Without My Signature Is This A Load Of Crap. Regards
  2. http://www.iii.co.uk/investment/detail/?display=news&code=cotn:CTT.L&action=article&articleid=7930452
  3. Hi Beyond Lets Hope So Regards Ed
  4. Change of Finance Director RNS Number : 0198N Cattles PLC 03 June 2010 Cattles plc Change of Finance Director Cattles plc ("Cattles") announces that James Drummond Smith will resign as a Director and Finance Director of Cattles with effect from the conclusion of Cattles' forthcoming Annual General Meeting to be held on 29 June 2010. He was appointed as interim Finance Director in April 2009 with a view to producing the 2008 Annual Report and Financial Statements, which has now been completed. The Board intends to appoint Paul Felton-Smith to the Board of Cattles as Finance Director. Mr Felton-Smith will join Cattles on 7 June 2010 and has agreed to join the Board as Finance Director immediately after the forthcoming Annual General Meeting, subject to the approval of the Financial Services Authority. Mr Felton-Smith is an experienced finance director with over 25 years of financial and management expertise in a variety of sectors, particularly in companies undergoing financial and operational restructuring. His most recent assignments have been as CFO of Lupus Capital plc and prior to that as CFO of Metronet Rail. He also acted as Finance Director for Yes Car Credit (a sub-prime motor finance company) during the run-off of its loan book in 2006/2007. Margaret Young, Executive Chairman of Cattles, said: "The Board would like to place on record its thanks for Jamie's enormous contribution over the last year. He joined us at a particularly challenging time and over the last year has made a substantial contribution to dealing with the wide range of issues faced by Cattles, including the recent finalisation of the 2008 accounts. We are delighted to have found such an able and experienced successor for the Finance Director role and look forward to working with Paul Felton-Smith." For further information, please contact: Margaret Young, Executive Chairman, Cattles plc 020 7269 7252 Paul Marriott, Financial Dynamics
  5. Cheers For That Post Regards Ed
  6. Hi Post Now All Has Been Quiet And Havent Heard A Thing Out Of Welscum Just The Letter From Fos Today Saying That Wfsl Has Now Agreed To Make An Offer To Settle Your Complaint And That Wfsl Will Be Writing To Me But With The Amount Of Ongoing Complaints This Could Take Upto 12weeks But Shouldnt Be Any Longer So Thats Where Im Upto At The Moment. Hope All Is Ok Your End Regards Ed
  7. Hi All Recieved A Letter From Fos Today With A Form To Sign And It Said Welcome Are Now Prepared Ot Make An Offer To Settle My Ppi Claim. A Step Closer Regards Ed
  8. Hi All I Have Just Joined Experian And Welcome Have Me Down For A Mortgage And Not A Secured Loan Anyone Have An Idea Wot This Is About,they Also Have Me Marked As 4 Payments Missed When It Is 9 Due To Ongoing Battle. Regards Ed
  9. Cattles PLC - Interim Management Statement LINK DIDNT WORK RNS Number : 1898M Cattles PLC 19 May 2010 19 May 2010 CATTLES plc INTERIM MANAGEMENT STATEMENT INTRODUCTION Cattles plc ("Cattles") today provides its Interim Management Statement covering the period since 31 December 2009. Cattles announced its audited results for 2008 on 12 May 2010 and intends to announce its results for 2009 in the near future. Shareholders should be aware that again Cattles will be reporting a significant loss for the year ended 31 December 2009 and a negative value for shareholders' funds. As stated on 16 December 2009, the shares are likely to have little or no value. The cash collection performance of the Welcome Finance ("Welcome") loan book has been as forecast for the first quarter of 2010. Shopacheck and The Lewis Group have made satisfactory starts to 2010. CURRENT TRADING A summary of the performance in 2010 by each of the Group's businesses is set out below. All numbers are unaudited. Welcome Welcome has historically provided direct repayment loans to over 500,000 customers from a nationwide branch network. On 16 December 2009, the Cattles Board announced to shareholders its recommendation that there should be no further lending in Welcome and that instead the book should be collected out. On 5 February 2010, Cattles announced the closure of circa 70 Local Management Branches and Local Collections Units nationwide. Welcome entered into a consultation process from that date with staff affected by the proposals, of whom approximately 450 received notice that they were at risk of redundancy and subsequently 382 will leave the business. On 7 May 2010, Cattles announced a proposal to close 18 branches nationwide and a contraction in the current operations management and their support staff in line with the smaller number of branches. Welcome entered into a consultation process from that date, with staff affected by the proposals, of whom approximately 155 received notice that they were at risk of redundancy. Welcome's cash collections in the first three months of 2010 were £145 million. Cash collections since this date are in line with management's expectations. Net loans and receivables at 31 March 2010 amounted to £1.1 billion (31 December 2008: £2.2 billion). The reduction reflects cash collected in the 15 month period with no significant further lending, and further impairment of the book. Shopacheck Shopacheck provides short-term home collected loans through a nationwide branch network and at 31 March 2010 had 222,000 customers (31 December 2008: 235,000 customers). Shopacheck continues to lend to new customers. Shopacheck has made a good start to 2010 and its cash collections for the three months ended 31 March 2010 were £38.5 million. Net loans and receivables at 31 March 2010 were £58 million (31 December 2008: £80 million). The reduction in net loans and receivables reflects the seasonality of the lending and a tightening of credit criteria. The Lewis Group The Lewis Group, a UK leader in debt recovery and investigation services, provides these services to external clients and both Welcome and Shopacheck. In 2010, The Lewis Group has refocused its strategy on contingent debt collection and by the end of 2010 its commitments to acquire further debt will have been completed. Debt purchases in the three months ended 31 March 2010 were £5.5 million. Cash collections in the three months to 31 March 2010 were £26.2 million. Purchased debt balances at 31 March 2010 were £144 million (31 December 2008: £154 million). RESTRUCTURING Cattles is currently engaged in ongoing discussions with representatives of its key financial creditors in order to progress proposals for a consensual restructuring. Those discussions have been constructive and demonstrate continuing progress towards a consensual restructuring. On 12 May 2010, the Court of Appeal heard the appeal of Party A and the subsequent cross-appeal of the Royal Bank of Scotland Plc of the decision of the High Court on the application of Cattles to seek a determination in relation to whether the terms contained within certain cross-guarantee documentation operate to subordinate the Company's claims against its subsidiaries, including Welcome Financial Services Limited, to the claims of certain bank creditors. This appeal and a cross-appeal were brought as part of consensual discussions between all parties. On 13 May 2010, the Court of Appeal unanimously handed down a decision that upheld the decision of the High Court which is explained in the Company's announcement dated 14 December 2009. The cross-appeal in relation to the Cherry v Boultbee issues was stayed. After judgment was handed down, Party A sought permission from the Court of Appeal to appeal this decision to the Supreme Court. The Court of Appeal did not give such permission and Party A has 28 days from 13 May 2010 to appeal to the Supreme Court for permission to appeal the Court of Appeal's decision. ENQUIRIES Margaret Young, Executive Chairman, Cattles plc Tel: 020 7269 7252 Jamie Drummond-Smith, Finance Director, Cattles plc Paul Marriott, Financial Dynamics This information is provided by RNS The company news service from the London Stock Exchange
  10. cheers pears23 and congrats on your letter regards ed
  11. HELLO ALL ANY ADVICE ON THE BELOW WOULD BE HELPFUL REGARDS ED Sent My Ppi And Lc Paper Trail With The Letters That WELCOME Sent Me Saying I Was Missold Ppi And Lc And They Have Upheld My Complaint WHICH I HAVE SENT TO THE FOS Today I Recieved A Letter From The fos And A Ppi Questionaire Saying They Wanted Me To Fill It In So An Adjudicator Can Make A Desicion But If Welcome Have Already Owened Up And The fos Have That Letter Then Why Do The Fos Need This Filled In
  12. just a little wave to the guest and to say you wont find any jobs on here:p
  13. Hi Post Sent My Ppi And Lc Paper Trail With The Letters That They Sent Me Saying I Was Missold Ppi And Lc And They Have Upheld My Complaint To The Fos. Today I Recieved A Letter From The Fos And A Ppi Questionaire Saying They Wanted Me To Fill It In So An Adjudicator Can Make A Desicion But If Welcome Have Already Owened Up And The Fos Have That Letter Then Why Do The Fos Need This Filled In Regards Ed
  14. HI ALL JUST A LITTLE READ AND ABOUT BLOODY TIME Cattles to axe staff Cattles Plc Discloses Potential Reduction In Staff Numbers At
  15. Hi All The Papertrail And Everything Has Today Gone To The Fos Hopeing It Should All Be Quite Straight Forward As All The Leg Work Has Been Done.it Has Been Nice And Quite No Letters Or Anything. Just Gonna Sit Back And Wait Now Regards Ed
  16. Cheers Post I Will Get Onto It Regards Ed
  17. HI POST HERE IS THE LINK ITS ON THE LETTER WITH THE WELCOME LOGO ON IT COUPLE OF LINES DOWN UNDER WHERE IT SAYS (MY CONCLUSIONS ARE) YOU MIGHT LIKE THE LETTER AS THEY SENT ME A 100 POUND CHEQUE WITH IT FOR TELEPHONE HARASSMENT REGARDS ED TELEPHONE HARASSMENT COMPLAINT pictures by edwi69 - Photobucket
  18. They Have Told Me That They Reject My Account Is In Dispute As They Dont Subscribe To The Banking Code Also Got A Defective Default Notice On The Weekend Which Is A Couple Of Threads Back,but They Still Havent Come Up With A True Copy Of My Cca Just The Reconstituted One
  19. Hi Post Sorry To Hijack Your Thread But Could You Advise Me On Post 372 On My Thread. Once Again Sorry Regards Ed
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