AIC Final Notice of Intent

[JacB]

I really need help. I have a Natwest overdraft which I ran up as a student and then ignored/forgot about after moving away from parents and buying a flat with my partner. The debt has caught up with me though and is now being dealt with by AIC. I have had several phone conversations with different people at AIC and before Christmas I was offered the opportunity to pay the debt off in one reduced lump sum. I asked if this could be sent out in writing and received nothing. I also heard nothing up until last week when I received a final notice of intent stating that if I now don't pay the full amount, a claim will be issued through my local county court. I can see from my credit file that a default has also been added to the account and this is my main worry as I know this will stay against me for 6 years.

 

The thing is, had they confirmed in writing that they would close the matter after I paid the reduced amount all of this would have been dealt with before Christmas. I now have a default and the threat of a CCJ if I don't pay the full amount. I haven't contacted AIC about the letter as I don't know what to do. The default makes me feel sick.

 

Can anyone advise what I should do?

Edited March 2, 2011 by JacB

[dx100uk]

no so garbage...........

 

if you have paid nowt in 5yrs in/out, its statute barred

and nothing can unbar it. not even a judge

 

STOP talking to these muppets on the phone

you are under no legal obl to do so.

 

as they are offering a 'discount', this points to one thing........

 

the balance is mostly unlawful charges

 

they will go nowhere near a court

 

they are a dca with NO LEGAL POWERS

 

do some reading, you'll get the idea.

 

ignore them

 

dx

[JacB]

Thanks for your reply.

 

The account isn't statute barred as my last credit was in 2007 so this makes me feel like I need to do something about it. I understand what you mean about not speaking to them on the phone which is why I asked for the reduced offer to be sent in writing but obviously I received nothing.

 

It's the default on my credit file that is my main worry - would this have been done by AIC or Natwest?

 

I feel like I need to respond to the letter of final intent as I know I do have a debt with natwest and I would rather have a line drawn under it all but I don't want to be taken for a fool or make the situation worse...

[dx100uk]

if the oc wanted their money.why wait for 4yrs?

 

they wrote it off against tax years ago and these fleecers have brought it.

 

how long after your last payment has this default been marked?

 

is it their name against the a/c or natwest?

 

dx

[JacB]

The default date is 31/01/2011 and it has Natwest next to it.

 

I don't know what my next step should be?

[JacB]

Can anyone help me with what I should do here? Please?

[dx100uk]

DO SOME READING

we are a self help site too you know!

 

so no payment since 2007

then next comms is a default 31/1/11?

 

thats not allowed

 

the guidelines state that defaults much be placed within 3 months of the 'offence' at the outside 6mts

 

not 4yrs!

 

something funny going on here.

 

also, i bet the O/D is all charges too!

 

i think AIC are natwests inhouse pets anyway

 

dx

[JacB]

Apologies, I will get on to National Debt Line for some advice.

 

Thanks anyway

[dx100uk]

read the mans blog below - sequenci....

 

dont trust everything NDL say

i bet they say start paying.........

 

dx