Moorcroft gone quiet (c. 6months?) after chasing PDL, want to negotiate though.

[LuckyReds]

This is a follow on from thread 399587 - as suggested in there.

 

http://www.consumeractiongroup.co.uk/forum/showthread.php?399587-DCA-s-stopped-contacting-me-want-to-set-up-some-form-of-plan-though.

 

Moorcroft were chasing for £400 (error in previous thread, I said £260 - as I'm sure thats the amount asked for in a previous letter.. Yet my Credit Record says £400. ) regarding a PDL taken out at the dreaded W-word. This was taken out 30/04/2012; and then defaulted on 07/08/2012.

 

Moorcroft began attempting to recover this around December or so, and sent out the usual scare-mail, but stopped around March. Since then I haven't heard anything, and I have had a sharp decrease in the amount of phone-calls I've ignored. (If I don't recognise the number, I don't answer.)

 

Surprisingly, simply ignoring them appeared to have put a spanner in the works, and they've stopped chasing it.

 

As circumstances have changed, I've decided to try and put it right, if only to prevent any further action - and perhaps getting the balance down (considering it's reported on my CR as outstanding debt). It will also stop this from hanging over my head and I can stop fearing them coming after me at any time, of having a bad letter in the post or a knock on the door. It's doing my head in a bit to be quite honest with you.

 

 

 

My main concerns are:

• Have they even got the debt or have they sold it on?
  
• Are they going to play games when I'm genuinely coming forward to put an end to this situation?
  
• If I let sleeping dogs lie, whats the worst case scenario?
  

Essentially I'd like to open contact with whomever owns this debt and:

 

1. Confirm they are in possession of the debt. (CCA Request?)
   
2. Confirm that they haven't sold the debt. (SAR?)
   
3. Confirm that upon paying off the account that they will report the account as settled at £0 to relevant CRAs and provide me with a valid receipt/letter confirming the status of the account (i.e settled. I will ask for this in writing prior to making the first payment?)
   

Is there anything wrong with this idea? If so, who should I contact - the original creditor or the last known collections agency? (I'm guessing the OC!) Are they likely to confirm these things in a reasonable manner, or am I going to have to go the route of "In accordance with OFT guidelines, until I have the requested information it's a deceptive and/or unfair business practice to commence collections activity" and so on?

Edited August 12, 2013 by citizenB
link posted

[citizenB]

Do you know if Moorcroft are the "owner" of the account or are they simply collecting on behalf of the original creditor ?

 

 

You can establish if an assignment/sale has taken place by sending the letter attached below. Once you have established who owns the debt, you can then ask them to supply a breakdown of the amount owed and make an arrangement to pay them. If you only entered into this agreement last year (2012) there is very little point in asking for a copy of the agreement. Although you do need to know how the account has been serviced and what default charges have been applied.

 

[ATTACH]45748[/ATTACH]

[BRIGADIER2JCS]

Does the CRA file show Moorcroft as the owner?

[LuckyReds]

Do you know if Moorcroft are the "owner" of the account or are they simply collecting on behalf of the original creditor ?

 

 

You can establish if an assignment/sale has taken place by sending the letter attached below. Once you have established who owns the debt, you can then ask them to supply a breakdown of the amount owed and make an arrangement to pay them. If you only entered into this agreement last year (2012) there is very little point in asking for a copy of the agreement. Although you do need to know how the account has been serviced and what default charges have been applied.

 

[ATTACH]45748[/ATTACH]

 

I'm not sure at all unfortunately, this is partly why I'm concerned regarding who to contact.

 

That sounds like a much better letter thanks! I was confused as to how the best way to get that information would be, and simply assumed going for a copy of the CCA may help me a bit.

 

I'm at work at the moment but will sort that letter out when I get in, I have a few I need to ship off now!

 

Does the CRA file show Moorcroft as the owner?

 

I can't see any references to Moorcroft at all. I never knew it should show the owner of the debt as well as the original creditor, doh!