co-op loan

[meandbex]

Long story short.

 

I had a loan for £10,000. I paid back £5k and owe a further £5k. I since 2007 havent paid anything since. It is due to be statue barred on 1st april this year.

 

Never heard anything from anyone until last week when Lowells said they bought the debt.

 

Today I had a letter from Co-Op saying they have sold the debt to Lowells.

 

Thing is, how can i stave off Lowells until 1st april when it become statue barred? The last thing i want is legal action and them to obtain a ccj at this point after paying so much other stuff off etc

 

It is my last bad debt and all my files will be clean after this......

Edited February 27, 2013 by meandbex

[BRIGADIER2JCS]

Hi, When did you last make a payment on the account or ackmowledge it in writting?

 

Your dates don't seem right.

[Conniff]

MIght be Scotland, 5 years there.

[meandbex]

Hi, When did you last make a payment on the account or ackmowledge it in writting?

 

Your dates don't seem right.

 

sorry 2007 it should have been.

 

last payment made was in decemner 2006, and then i moved after a relationship breakdown. Since that date up until i have made no payments or acknowledged them in writing.

 

The adress is wrong that they have sent it to, but i know the reasons for that tbh. But i know its mine.

Edited February 27, 2013 by meandbex

[dx100uk]

co-op would not of sold a debt of that size without a good reason.

 

you need to find it!!

 

ppi?

 

charges?

 

paperwork?

 

sar the co-op

 

dx

[BRIGADIER2JCS]

Ok have lowlife contacted you yet?

What is the default date on this account please?

[meandbex]

funnily enough at the bottom of the letter from co-op said that if any ppi was due they would contact me seperately.....

 

Lowell said they now own the debt and an arrangement to pay must be made before other legal intervention

 

I will go and find the default date from checkmyfile....give me 2 mins

Edited February 27, 2013 by meandbex

[BRIGADIER2JCS]

Just reread this last payment 02/2006 correct? default falls of April 2013 yes??

 

Already statute barred.

[meandbex]

last payment was june 2005 - see attached screenshot

 

[ATTACH=CONFIG]42007[/ATTACH]

[BRIGADIER2JCS]

So we are to last payment now at 2005 or default 2005, as above statute barred already.

 

Want a Letter for the DCA??

[meandbex]

Account Opened

15 March 2004

 

Last Updated

3 June 2007

 

Account Terms

£118 Monthly

 

Payments Started

Not Recorded

 

Opening Balance

Not Recorded

 

Lump Payment

Not Recorded

 

Current Balance

Closed 24 April 2007 (balance £4,939)

 

Credit Limit

Not Applicable

 

Worst Status

D

 

A notice of default has been served. This usually arises from non-payment.

 

Default Balance

£4,939

 

 

Default Date

April 2007

 

Account Status

Not Available

 

Reported Until

April 2013

[BRIGADIER2JCS]

see post 10#

[meandbex]

see post 10#

 

 

so they cant do anything then now at all? what about the default date of april 2007? i thought tht was when it was calculated?

[BRIGADIER2JCS]

So Lowell now own a statute barred debt, which means it cannot be enforced in court but still exisits and is collectable by any means short of court action, keep this letter on file until Lowell contact you.

 

The Compliance Manager

Lowell.

 

Ref: use the one on thier letter when it comes.

 

Sir/ Madam,

 

 

I refer to the matter of a debt for £ xxx .xx originally relating to a Co-operative account, please note I do not acknowledge any debt to Lowell and have concluded that any such alleged debt is statute barred therefore I will not make any payment now or in the future.

 

Should Lowell wish to dispute the status of the alleged debt youare reminded that the onus of proof that the allged debt falls entirely on Lowell.

 

Youwill now cease to process all data relating to me and remove it from your records immediately.

 

This is my final response.

[meandbex]

Thanks Brigadier.

 

Do you need to see the letter Lowells have sent to me?

[BRIGADIER2JCS]

It would help thanks, please ensure you remove acct numbers bar codes aand personal identifiers.

[dx100uk]

set your default scan page size to A4 less than 300DPI [150 will do]

scan the required letters/agreements/sheets - as a picture[jpg] file

don't forget you can use a mobile phone or a digital camera too!!

'

BUT......

ENSURE: remove all pers info inc. barcodes etc using paint program

but leave all monetary figures and dates.

*********************************************************

{DO NOT USE A BIRO OR PEN OR USE SEE THRU TAPE OR LABELS]

try www.pdfescape.com TO BLANK STUFF,

*************************************************************

or

DO IT IN MSPAINT.EXE or any photo editing program

goto one of the many free online pdf converter websites ...

http://freejpgtopdf.com/

if you have multiple scans/pics

put them in a word doc FIRST and convert that to PDF

or use www.pdfmerge.com

convert existing PC files to PDF [office has an installable print to PDF option]

..

 

it would be better to upload a multipage pdf if

you have many images too rather than many single pdfs

.

or if you have PDF as an installed printer drive use that

or use word and save as pdf

try and logically name your file so people know what it is.

though dont use full bank names or CAG in the title

i'e Default notice dd-mm-yyyy TSB

.

open a new msg box here

hit go advanced below the msg box

hit manage attachments below that box

hit the add files button on the top right

hit select files, navigate to your file on your pc

hit upload files

.

dx

[dx100uk]

lowlife's got a lemon........

 

dx

[meandbex]

hope so dx

 

Apologies for delay but here you go

 

[ATTACH=CONFIG]42045[/ATTACH]

[BRIGADIER2JCS]

Interesting I've seen that letter form 3 times this week and the three accounts are most definitely statute barred, imo so is yours send the drafted letter.

[meandbex]

Thanks Brigadier.

 

Posted it yesterday

[BRIGADIER2JCS]

Excellent, lets hope it hits home.

[meandbex]

Just got my up to date credit file.......it has dropped off

 

Going to send a SAR off today as well just in case there is some PPI

[meandbex]

Finally got a reply last week.

 

They cannot find all the paperwork apparently. They only have some statements. On the statements there are no ppi charges in place.

 

So i guess thats that with these guys.

[BRIGADIER2JCS]

I wonder is this was a one off payment then merged into the debt.