Cca 1974? Did i win?

[hoganknowsbest46]

Hi all

 

Bit of an odd one so I thought Id ask.

 

My friend was getting calls from a company called Palladium

who were recovering an unpaid overdraft/unsecured loan for about £17000 in total that had been with Barclays.

He knew he owed monies to Barclays but not so much.

I sent them a letter quoting the consumer act and an authority and they sent me back some stuff which had no relevance

(no signed agreement, no relevant contract, just the terms and conditions of Barclays current accts!!).

I brought it to their attention that they were in breach of the act, and that any more chasing of this debt would be classed as harassment.

 

To my shock they replied and agreed to everything I said!

They sent me a load of rubbish – apology for this- also they would close their interest in this.

So what happens now?

Debt is unsecured, over six years old (statute barred?).

Will they sell it on?

If they are part of Barclays will they give the debt back?

As they are in total breach of CCA 1974 (and they have admitted this) does my friend have any future rights?

[rebel11]

Thread has been moved to the correct forum.

[dx100uk]

if it's SB and NOT on his CRA file

then its dead

 

ignore all the fleecers and their attempts to spoof a mug

 

dx

[slick132]

Before you assume the debt is Stautue Barred, you need to clarify :-

 

1. When did YF last pay anything toward either the loan or overdraft.

 

2. Has the debt been acknowledge by YF in writing in the last 6 years. Eg, if YF wrote a letter saying, "I can't afford to pay more than £1 per month toward the debt."