Letter received from Barclays

[Matt.]

Following on the thread of dealing with dads debts.

 

Dad had an egg card which barclays are dealing with. This letter turned up today...a little unsure though of what it means if anyone can assist please

 

A seperate unsigned undated egg credit agreement has been sent also

 

Apols the JPG files are two small the PDF files work

 

***admin is it possible to remove JPGS ? *****

Edited July 11, 2015 by Matt.
.

[fkofilee]

Christ another Get out of debt free postie. Shut your account down or dont use their site, Itll get you into trouble!

 

Where did you find out you needed the Deed Of Assignment?

 

You need to stop this now! You are in a good situation and using that stuff from their site is going to cost your dearly.

 

Can we have some info on the account please?

 

If they have been unable to provide a CCA then its possibly not enforceable in court. Depends when the card was taken out.

[Matt.]

I am dealing on behalf of my father, not myself..

 

I used the CCA provided on this site ? I do not post on any other site apart from this one...This is the original thread which I have broken down into different companies

 

http://www.consumeractiongroup.co.uk/forum/showthread.php?404253-Dealing-with-my-fathers-debt

 

From memory it was taken around 2003 may of been earlier.

[obiter dictum]

If it was taken out before 2007 then they will need the original signed agreement to enforce, not a reconstructed one

[Matt.]

Many Thanks. - See where this one goes.

[renegadeimp]

Well they said they don't have the agreement so they can't enforce until they find it. If they ever do.

[Matt.]

Is it best to wait before stopping paying ?

[renegadeimp]

Stop paying immediately. They said they cannot enforce the CCA so do not pay a single penny until they can. The default on your file has already long gone, so leave them to it.

 

If they can produce the original CCA in the future, THEN start repayments. Right now, you are just wasting money.

[slick132]

Hi Matt,

 

Although BC say THEY cannot take enforcement action, they can sell the a/c on to a DCA who may continue to make demands. However, with the statement from BC that they can't enforce, it's unlikely a DCA will take this to court.

 

Stopping payments will affect the CRA files but that's unavoidable.

 

[Matt.]

Hi there,

 

Granted that they can resell on, how could this affect my fathers credit file ? The debts stretch back to 2008 so once off the file I can not see how they can re-add it to a credit file and start the default again ?

 

Thanks

 

Matt

[Bazooka Boo]

They can't once it's dropped off the CRF it's gone never to return, well unless they wish to pay you compo for defamation.

[slick132]

Hi Matt,

 

Hi there,

 

Granted that they can resell on, how could this affect my fathers credit file ? The debts stretch back to 2008 so once off the file I can not see how they can re-add it to a credit file and start the default again ?

 

Thanks

 

Matt

 

I didn't see you mention a date for when the a/c went into arrears or was defaulted. If that happened in 2008, the a/c should no longer show on the CRA files.

 

The debt won't be Statute Barred until just over 6 years from the last payment but what I said above about enforceability stands.

 

[Matt.]

Many Thanks,

 

I will check "checkmyfile" as im sure one of the DCA reapplied this when they took the debt over.

 

Im a little nervous about stopping paying them due to the amount owed in total and the added fact that we have a joint mortgage together....granted that he doesnt live here im still a little nervous until me and my wife remortgage in our own names...that wont be to long so it should be ok though.

[citizenB]

Many Thanks,

 

I will check "checkmyfile" as im sure one of the DCA reapplied this when they took the debt over.

 

Im a little nervous about stopping paying them due to the amount owed in total and the added fact that we have a joint mortgage together....granted that he doesnt live here im still a little nervous until me and my wife remortgage in our own names...that wont be to long so it should be ok though.

 

 

They wont be able to start reporting to the credit reference agencies if the default has passed its 6th birthday. If your credit file is ok and you are able to remortgage in your own names, then you should be quite safe for your Father to either drop the repayments or cease them all together. But perhaps wait until you have remortgaged for peace of mind.