Can they legally Default me

[luckysandpiper]

I missed a payment on a loan from an infamours bank. One week later I wrote offering a revised repament plan which was accepted immediately. I have made all the due payments in accordance with the new arrangement.

 

A section of the bank seems to be unaware fo this since they keep mailing 'Arrears' letters based on the original payment regime, and their latest threatens a 'Default Notice' if I don't pay these arrears.

 

Can they legally do this with an agreed repayment plan in place ?

 

They have ignored all my protest letters so far.

 

Luckysandpiper

[renegadeimp]

They shouldnt but they probably will. The most that should be marked on the file is arrangement to pay. Name and shame the bank as it looks like they are trying to spoof you.

[dx100uk]

yes sadly they can

 

but all the PENALTY charges can be reclaimed anyhow & any PPI etc

 

dx

[citizenB]

You could make a complaint. Something along the lines of..

 

You find it quite worrying that having entered into a repayment plan with one department, another department continues to send threatening letters and arrears notices.

 

You are finding this quite stressful and would consider the Bank is not treating you fairly.

[Durkin]

Speak to someone at the bank, ideally in person, to sort this out for you, before it's too late.

 

Good luck.

 

Richard.

[luckysandpiper]

I have already recovered penalty charges from this bank and after a 12 month fight aided by FOS I have recovered the non-existant PPI on this loan. Maybe that is why they have chosen to 'play' with me in this matter. However, I fear it is really just a case of non-communication between one set of zombies and another.Once sharkly always sharkly, if you get my drift.Had I not missed the March installment, it would have been paid off by now and whether or not they default me is of no great consequence to me. As a result of their actions back in 2007 my credit rating is shot to hell anyway, but I will be a thorn in their side for as long as possible.regardsLSP