A Morbid Tale of Debt

[fairbank]

I got a copy from Paragon yestrday. Not asked the FSA yet. What exactly am I asking them about?

[Lula]

if you can scan it and post it on here, taking out the personal bits, we can advise you on whether the debt is enforcable or not

[hellhasnofury]

if you can scan it and post it on here, taking out the personal bits, we can advise you on whether the debt is enforcable or not

 

fingers crossed:o

[fairbank]

There are two here is the first:

 

Not sure if I ma doing it right so here goes with the first try.

 

[fairbank]

No - how do you copy scanned images?

[Lula]

if you havnt an account with photobucket, sign up (its free) upload it there from your pc and post on here

[fairbank]

thanks

[fairbank]

[fairbank]

Nope that last one didn't work either - still trying

[Lula]

fairbank, use photobucket, I think that works better because you dont have download software

[fairbank]

First of two

 

[fairbank]

[Lula]

Well, unfortunately the Regulated one is, but i am still awaiting the verdict on the unregulated one

[Curlyben]

Not only are they both completely enforceable, but Paragon have excelled themselves by certifying them as true copies.

[saqqara]

It is shameful that 9000 of that loan is PPI and yet here you are on the forum with difficulty with this loan and suffering hard times.

 

I so resent the fact that these organisations can get away with selling this stuff and it never paying out!

[fairbank]

Update

 

Second default from Paragon received for smaller loan. They have just called me and advised that their broker sold me the PPI and I have to approach them. Unless I can come up with £1200 now likely that I will be in court in January, with repossession likely. Good start to the day

 

I feel like I did four weeks ago at the moment, with no sign of any work in the near future, skint, no prospects and the supposed happy time of year looming!

 

I really think that I may lose my house now unless a miracle happens. The only think that may stop this is a whack of working and child tax credits coming in January, to keep things at bay for a while.

 

The unsecured debt is not big at all but the worry of the house is very difficult to deal with

[Hopeful1]

Fairbank, don't give up. I do understand why you feel so glum though.

 

I'll see if i can find some useful info for you re brokers and PPI.

[hellhasnofury]

Hello Fairbank,

Come on keep you chin up, there will always be light at the end of the tunnel.

 

Have a look at this link, post 5. It discusses the responsibility between the lender and the broker regarding commission being paid for sales.

 

Useful Documents for PPI Bundles

[Hopeful1]

HHNF - my hero! You beat me to it

[hellhasnofury]

you need to be quick of the mark to beat me.

[Hopeful1]

you need to be quick of the mark to beat me.

 

Woo hooo!!!

[fairbank]

cheers guys will ahve a look later

[sillygirl1]

Paragon are a pain but their paperwork is rarely up to scratch, have you got the original paperwork, and have you CCA'd or SAR'd them? The results can be interesting.....

[ODC]

I think the OP has already posted the paperwork from Paragon and according to the experts it appears correct

[jansus]

Try looking at www.direct.gov.co.uk

there is a section on your rights concerning arrears. It is important to know where you stand with valuations etc.Possessions are full of possible pitfalls if you dont know your way around. There are plenty of stories on here where houses have been sold for less than value etc and people being chased for monies years afterwards.Lets hope it doesnt come to that but pre-warned is pre-armed.

 

I think also I have read you can ask CAB to advise you on court appearances?

 

There is also a section on this in the banking code.

 

Jan