Ruthbridge Ltd

[kether]

I received a letter from Ruthbridge recently about a debt from 2002. From reading on the forums I understand that debts over 6 years old are statute barred.

 

I work in a regulated industry and if I had a default against my name then I would lose my job so took out a loan and paid off the debt today.

 

Now I feel foolish as I understand that Ruthbridge buy statute barred debts and use bully boy tactics (as they did on me) to obtain the money.

 

I am planning on raising an indemnity claim for the money paid to Ruthbridge but what steps do I have to take to:

 

a) ensure the debt is statute barred

b) ensure that Ruthbridge stop harrassing me.

 

Thanks

[Guest Old_andrew2018]

bump

[PGH7447]

I received a letter from Ruthbridge recently about a debt from 2002. From reading on the forums I understand that debts over 6 years old are statute barred.

 

I work in a regulated industry and if I had a default against my name then I would lose my job so took out a loan and paid off the debt today. Although the debt was probably stat barred you have in fact acknowledge it by paying ruthbridge

 

Now I feel foolish as I understand that Ruthbridge buy statute barred debts and use bully boy tactics (as they did on me) to obtain the money.

 

I am planning on raising an indemnity claim for the money paid to Ruthbridge but what steps do I have to take to:I believe that if the debt was yours and you admitted it by paying it then not a lot, but I could be wrong here

 

a) ensure the debt is statute barred - too late

b) ensure that Ruthbridge stop harrassing me. why are they still harassing you oif you have paid it off?

 

Thanks

 

PGH

[ODC]

You could try cancelling the cheque if you sent one

[mamma mia]

I have received a letter from Ruthrbidge about a debt I last paid to Citifincial in 2004.

They are threatning me with a bankcrupcy order, can they do this?

[palomino]

I have received a letter from Ruthrbidge about a debt I last paid to Citifincial in 2004.

They are threatning me with a bankcrupcy order, can they do this?

 

Of course they can threaten you - they have!

The object is to frighten you and make you panic.

 

Tell us more about your circumstance and the circumstances of the supposed debt and we'll see what we can do to help.

[mamma mia]

The loan is with Citifinancial and I last paid the debt in 2004, since then I have recieved a couple of letters from a debt collector and recently 2 from Ruthbrdige, 1 asking for payment in full and another threatning bankcrupcy procedings if they do not receive a reply from me by 10th August. The debt is for £4385, of which I cannot pay. the bankcrupcy threat offered me to pay a final settlement of about £2000, of which I still cannot pay

Worried

[ODC]

Why should you pay them anything. Send them a CCA and see what they come up with.

[Coasters]

1#

 

Once a debt has been stat barred it cannot be unbarred, even if you make a part payment or jump up and down screaming "yes! I owed you the money!" but since you paid them in full I think its game up. If you can stop the payment try, than send off the stat barred lettter.

 

Reading your post I am not sure if you have looked at your credit report but it's possible you have already been defaulted. A question I am trying to get answered is if a company can default you when a debt becomes stat barred, if they failed to register a default before.

 

So if you stop the money you could be looking at a default if one was not already placed.

 

Unless someone knows different?

Edited August 14, 2008 by Coasters

[mamma mia]

I have sent a letter recorded delivery to request Copy of credit agreement

Reading others on this forum, I feel pretty convinced that neither Ruthbridge or Citifinancial will be able to come up with a copy.

What happens if they do send me a copy? Should I agree to pay an arranged amount, although reading what others experience of this company they seem very unreasonable. Any advice would be appreciated.

[Guest Old_andrew2018]

Hi

Wait for their relpy then come back on line, if they send anything it needs checking, personally I'd expect (Bovine Excreta).

[mamma mia]

Hi

Wait for their relpy then come back on line, if they send anything it needs checking, personally I'd expect (Bovine Excreta).

 

Thanks. I will await their reply. Now wrestling with a demand from child tax credit overpayment (£8.000) can you advise what I should do?

I am new to forums and threads etc.....

[emmaf01]

Start a thread in the Benefits and Tax credits section, describe a bit of background and get in touch with your MP- it can sometimes help.

[mamma mia]

Start a thread in the Benefits and Tax credits section, describe a bit of background and get in touch with your MP- it can sometimes help.

 

Thanks as I said forums is new to me, how do I start a new thread in another section

[emmaf01]

http://www.consumeractiongroup.co.uk/forum/benefits-tax-credits-minimum/

 

Click on the link above, then underneath the boxes showing that this is the area for Benefits, Tax credits and Minimum Wage advice, on the left hand side is a button labelled "New Thread". Click on this.

 

I hope that is alright.