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M+S Credit Card debt - Global Debt Sequence of Events


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If a debt purchase/ DC company aquires a debt

that has not been defaulted they can issue a default

notice in the same way as any other creditor.

  • Confused 1

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No problem, the only notice you get is the Default Notice

giving you time to rectify the default if you don't they place

the default then later inform you the account has been terminate.

Default date /SB date not to be confused, SB date is date of the

last missed payment after which no other payment is made in 6

years.

Any Letters I Draft are N0T approved by CAG and no personal liability is accepted.

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Ìt could be difficult to refute if the cheque and account details

given are accurate.

I can see that if they used this in court a judge would want the

debtor to state if they had an account with the bank concerned.

Dangerous in any case sending cheques to DCAs.

Any Letters I Draft are N0T approved by CAG and no personal liability is accepted.

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Hypothetical Question event has not happened.

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Well a collector intimidated a third party in to paying

a debt that was not hers, OFT complaint and formal

complaint to the DCA addressed to the Compliance Manager.

I would also be asking for your daughters money to be

refunded immediately.

Any Letters I Draft are N0T approved by CAG and no personal liability is accepted.

Please Consider making a donation to keep this site running!

Nemo Mortalium Omnibus Horis Sapit: Animo et Fide:

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