IDRWW contacting on behalf of FAB bank Credit Card DEbt

[ExDxb]

hi @Sie rehellek any update on your situation. I have a similar problem.

 

Hi @dx100uk , i see you very active in these forums. Are you a solicitor by profession?

 

I have received my first email then letter from IDRWW wanting me to confirm best channel for comms.

 

i see from many posts, that these guys are powerless but if ever a letter of claim is sent, this must be replied to.

 

how often do these things escalate to this stage?

 

Many of those posts  seem to end without a clear outcome.

 

 

[ExDxb]

Hi,

 

I have received my first email then letter from IDRWW asking me to confirm best channel for comms for a debt i left behind in UAE.

 

I have come by many similar posts, and noticed a reoccurring statement from many posts claiming that these guys are powerless but if ever a letter of claim is sent, this must be replied to.

 

how often do these things escalate to this stage?

 

Having said that, Many of those posts seem to end without a clear outcome.

 

would be good to hear some expert opinion on this matter.

 

Thanks

 

[dx100uk]

as usual many get help and never return.

speaks volumes of how often these actually do go anywhere.

 

have you written to the bank and kept them informed of your current and correct address?

you are very safe to ignore all emails block bounce ignore always.

 

 

[ExDxb]

i haven't written to the bank. they kept sending me email reminders and then informed me they are transferring the matter to IDR Limited.

 

Shall i write and inform them directly now or is it too late? I'm contemplating replying to the bank's last email and suggest to work some sort of a deal rather than involve the IDRWW in the uk.

 

Having said that, the IDRWW managed to find my address and sent me a letter in the post.

 

the posted letter demands that unless i respond within 7 days with an alternative channel of communication, they will continue to use the post. Similar to the email they sent earlier.

 

Anyway, what do you recommend the next course of action?

 

when you say "many get help and never return" meaning many get help through this forum and then the issue goes away, or did you imply they end up having an arrangement with the bank directly?

 

Does anyone actually end up being forced to pay up? or taken to court?

[dx100uk]

not got an xtal ball, but id suspect they paid nowt nor did anything as it went dead.

 

you need to read all the threads already here 

 

no-one can force you to 'pay-up' ...

few goto court and most appear to be patsy cases whereby a backhand gets taken to allow them a 'win' just so others get frightened into blindly paying up by reading it.

 

or the court case is not 'defended' in the right manner or correctly and people lose 

[ExDxb]

i went through quite a few of the threads.

similar cases.

 

Based on your experience, and the pattern of events, (which you have clearly come across frequently by now,) what do you think is going to happen now that they sent a postal letter?

should i respond asking them to keep all comms by email?

Should i just contact the original bank directly and try and reach an amicable solution?

as i mentioned in my previous post, i did not communicate to the bank with any changes to my situation of being made redundant and having to leave the UAE. i think you might have missed that post.

 

 

 

[unclebulgaria67]

There will be a very large number of debts being chased, so they won't go all the way with trying to enforce many debts with a Court claim.   The time and expense of issuing large numbers of Court claims would be too much.

 

Keep the Bank informed of your UK postal address.  Better to receive all correspondence and  they can't say that you were hiding from them.

 

Up to you really.  You could contact the Bank to see what help they are able to offer customers experiencing financial hardship.  Do you have copies of statements, so you know details of what you owe, minus any excessive interest charges and fees ?

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

[ExDxb]

hi Unclebulgaria,

I do have copies of statements yes.

they send them by email regularly. in fact they never sent anything by post anyway. its always been electronic.

[dx100uk]

As long as you inform the bank..who? In writing as to where you are. And if you move. I'd simply wait until/if you ever get a letter of claim.  

 

I would not be using email for anything.

Even statements.

 

Have you any UK property asset s??

 

What type of credit, and when last use/payment by you please by?

 

Dx

[ExDxb]

i do have a property yes.

last payment was January against a credit card.

 

well the bank has stopped sending any emails since they transferred the matter to this IDRWW.

Do you think i should reach out to the bank and re-establish some sort of dialog?

[Brazzer69]

If you have property in your name they can get a Judgement if the property is located in England or Wales. Probably best try negotiate with the bank.

 

If its in Scotland or Northern Ireland then best ignore completely.

 

Unless you can transfer the beneficial owner of the property, then free to ignore.

[ExDxb]

A judgment to do what? 

Sounds like I’m screwed.

Edited April 20, 2022 by ExDxb

[dx100uk]

no you are not screwed.

stop panicking and not understanding how debt collection works properly.

 

they (name the bank please) must abide by the pre action protocol and send a letter of claim 1st.

and latterly win in court too and there are very few of those !!

 

is the property in joint names?

when did you leave UAE and who is the bank 

 

dx

 

[ExDxb]

Not panicking … just yet

the bank is FAB , does it make any difference?
left in October , but been making payments till Jan.

Property not joint

[dx100uk]

yes of course the banks name makes a diff

court claims can be searched.

there are none by FAB.

 

so a charging order after a successful CCJ could be on the cards as the property is solely on your name.

 

did you fill out an open ended cheque that has now bounced so they are going after inflated fees and interest.

or is the sum, simply the actual credit card debt only? = uk£? what

 

 

 

 

[ExDxb]

There is a security cheque, of course. Everything runs on Cheques in UAE.

What does it mean if there are no court claims by FAB? Is that a good thing?

would you mind explaining what charging order after and CCj mean? 
do you think it’s worth having a chat with the bank directly?

[Brazzer69]

Search the UK Gazette, under personal insolvency & bankruptcy orders. In the text search put in "First Abu Dhabi Bank". You'll see 10 people have been bankrupted, none since 2019. Other UAE banks have bankrupted people too (see National Bank of Ras Al Khaimah (18 people), Emirates NBD (14 people)).

 

Notices | Insolvency | The Gazette...

WWW.THEGAZETTE.CO.UK

They were bankrupted after a court judgment which they didn't pay or comply with. So if you own property in the England or Wales, I would take it seriously.

 

Now 10 people over 10 years (FAB) when there are thousands of defaulters is a very small number.

 

How much do you owe? Is it worth settling with the bank directly? They usually waive the stupidly high interest charges etc and settle for the principal amount.

Edited April 21, 2022 by Brazzer69

[dx100uk]

as you can see above following the great work by brazzer69, there really is only a very small number of BK's

and most of those are not to do with CCJ's but statutory demands, and many are patsy cases too 

ensure the bank has your correct and current address in writing from YOU

ignore IRDWW etc.

deal with the bank only.

[ExDxb]

hi @Brazzer69 there were 3 bk since 2019.

 

Those numbers might be small, but doesn't that depend out of how many cases there were?

 

do we know there are thousands of defaulters?

 

I dont think i want it to reach to CCJ stage.

 

Hi @dx100uk where does it indicate those that have nothing to do with CCJ but Statutory demand?

 

and does it make any difference if the end result is BK?

 

i'm not quite sure how to determine what is a pasty case?

 

so recommendation is to engage with the bank and come to an agreement. right?

 

I dont want this to escalate to that level.

 

getting confused with the last 2 posts.

is it time to panic?

 

on one hand Brazzer is sounding alarms. on the other hand, dx100 is kind of play it down as low risk.

 

I dont want to end up being dragged to court or get into bankruptcy stage. thats something detrimental for me and my family.

 

I'm thinking of calling the bank today to try and contain this.

 

would that be the right next form of action?

[dx100uk]

thats simply because you are new and have not digested or understood many things

inc reading as many UAE debt threads here as you can.

 

you are in no panic period nor in any period where you 'need' to do anything bar research here, and then research some more.

 

when you've read about 50 UAE threads things might start to fall into place.

 

any possible court involvement would be many many months away if at all and very rare.

 

the big point here you need to understand is IRDWW are a DCA.

a DCA is NOT A BAILIFF

and 

have ZERO legal powers on any debt - no matter what it's type.

 

all a DCA can do is send out threat-o-gram, that say if,might,could,instruct etc etc never say WILL though!!

 

the letters will all state 'our client', it's that client you need to WRITE TOO .........NOT EVER CALL OR EMAIL.

they are the only ones that can ever do court no the DCA. and they must abide by the pre action protocol as i said earlier

 

you must keep them upto date with address else you'll get a backdoor court claim you'd know nothing about, and that where those successful ones above mostly come from.

 

dx

 

 

[Brazzer69]

You have not told us how much you owe which is probably important in determining the next steps.

 

Many on the forum could not afford to repay what is owed. If it is small/affordable, then settle with the bank.

 

If it is not, I'm only making you aware of the possibility that you could be bankrupted or have a charging order placed against your house. However, that is a small possibility.

 

I would read the other posts first and make up your own mind as to what to do and not to panic.

[ExDxb]

Ok thanks guys.

 

in respect to keeping them up dated with the address, Dx mentioned the bank has to be informed and this has to be done via a postal letter.

 

Wouldn’t the IDA have informed them of this already since they sent me a letter through the post as well?

 

I know you said never call or email, what’s the danger of replying to the bank’s email directly?

 

It’s the only form of comms in UAE. Post is rarely used. And I wouldn’t know the address of the contact.

 

@Brazzer69 amount is AED 180k

[dx100uk]

What's the figure without all their fake interest and charges?

 

£ please too

 

 

[ExDxb]

@dx100uk aprox £30k

[Brazzer69]

Its not a small amount but its also not a very high amount, its like buying a new car.

 

Its your decision on how to proceed. I would just advise you read every thread here as I did before making a decision.

Edited April 21, 2022 by Brazzer69