Welcome Finance - This company needs to be banned.

[Beck1968]

That Needs Getting In The News Today

[postggj]

Will Cattles Now Release Its Last 2 Years Of Accounts

I Dont Think So

They Have Been Ejected From The Stock Exchange Because Of This

 

It Will Show The True State Of The Company

 

All Smoke Screen And Mirrors So Far

[postggj]

That Needs Getting In The News Today

 

A CERTAIN JOURNALIST ON A FINANCIAL PAPER READS THIS THREAD EACH DAY

 

HE KNOWS

 

SAY NO MORE

[Beck1968]

PM me what you definatley know about the labour party pension fund

and i will get it in the news

 

 

opps crossed chat

Edited July 15, 2009 by Beck1968
time

[postggj]

"The Company and WFSL remain in discussions with all their financial creditors with a view to achieving a formal standstill agreement."

 

Nothing has really changed.

[Tariq2009]

FORMAL NOTICE - ACCOUNT IN DISPUTE.

 

Ref: ****************

 

Dear Sir/Madam,

 

Thank you for your letter of xx/xx/xx, the contents of which have been noted. DELETE IF NOT NEEDED

 

You have been issued with notification from the Financial Ombudsman Service that they are investigating details of the above account and therefore I allege the amount your company claim to be outstanding is erroneous and therefore have a legal basis to put this account into dispute pending the investigation and decision by the Financial Ombudsman.

 

Therefore I will be cancelling future payments to your company from todays date.

 

Furthermore you should be aware that a creditor is not permitted to take ANY action against an account whilst it remains in dispute.

 

* You may not demand any payment on the account, nor am I obliged to offer any payment to you.

* You may not add further interest or any charges to the account.

* You may not pass the account to a third party.

* You may not register any information in respect of the account with any credit reference agency.

* You may not issue a default notice related to the account.

 

I reserve the right to report your actions to any such regulatory authorities as I see fit.

 

I would appreciate your due diligence in this matter by ensuring that I have no further contact from your company save for any matter regarding the investigation in progress.

 

Yours faithfully

 

 

 

Guys little bit struggling about dispute letter this one got ombudsman bit on it and I have not yet started the process of complain with them what is the best dispute letter to just put welcome finance account on hold because of miss sold insurance on the account Thanks

[eeeezzzyy]

"The Company and WFSL remain in discussions with all their financial creditors with a view to achieving a formal standstill agreement."

 

Nothing has really changed.

In a nutshell Cattles heads still on the chopping block, the executioner's gone for tea !!!

[jb000]

I'm disappointed just as much as everyone that they got a repreive as I hate Welcome Finance, Shopacheck, the Lewis Group and Cohen et al with a passion. It certainly put a crimp in my day this morning.

 

I woke up this morning hoping for better news, however, the crumb of comfort is that they will be still around just yet for us to put in our claims.

 

They will go, it's just a matter of time, they can't sustain the huge sums they owe for ever.

[eeeezzzyy]

I felt the same way this morning but its made me all the more determined to push on and get my claim dealt with im making an appointment with my sloicitor for next week (when he gets back off his annual leave) !! See whats extracted from Welscum and what he thinks of my sooper dooper 50% once in a lifetime offer to clear my loan !

 

Dream on Welcome your not getting another penny from me !

[Dipply75]

this is not a set back

just a stay of execution, its only six months

 

the prob was there is an election comming up, a local labour authority pension fund is tied up in cattles

 

not saying any political pressure but, (are there not a couple of Right Honourables involved in this company also?????)

 

WHAT THIS WILL MEAN IS AN EXPLOSION IN LITIGATION FROM

H COHEN

LEWIS

CL FINANCE

 

THERE WILL BE FRANTIC EFFORTS TO GET COURT JUDGEMENTS TO RAISE THE ACCOUNTS LEVEL - for my part, hoho, I damn well hope so

 

 

I think a concerted effort now to make as many of the dodgy ppi, agreements and scams public and tied up in complaints/litigation as poss - for as long as poss.

[UnWelcomeCharges]

I think this will help people that are trying to get their accounts settled, as they are bound to be looking to get offers in on disputed accounts, and get them off the books, and money in the pot.

My opinion is that they will be pushing the poor souls that don't know their rights and giving them hell to get money off them, or get them signed up for re-writes.

Will the FSA/FOS be monitoring them more during this 6 month period, meaning proper responses to complaints etc? (or is that wishful thinking?)

[Dipply75]

Postggj, how about starting another thread explaining the situation now and getting as many folk as poss to submit official complaints to the OFT and the FSA....keep piling the pressure?

 

The regulators will not be able to ignore the amount and the seriousness of the issues we could get logged for long. Every single one needs to be logged and deserves to be.

[T2upNorth]

I think a concerted effort now to make as many of the dodgy ppi, agreements and scams public and tied up in complaints/litigation as poss - for as long as poss.

 

 

I have SAR'd Welcome and Carshaft - I'm looking for the commission issues, PPI mis-selling and general crap agreement issues. Think of it as a preemptive strike before they start clamouring for more dosh...

[JonCris]

Is this a legal rule based on fact or just an assumption?

 

 

You cannot take on the assets without honouring the debts that have & will accrue from the said assets/accounts

[JonCris]

Also only if the liquidator allows it will the book debts be sold on & as they are the primary asset the liquidator may consider that the new 'owner' such as the bank is better equipped to collect

 

However the banks who funded Cattles will have 1st call on those alleged assets floating &/or fixed

[brassed-off-2]

Just been told bY the lady at the Welcome LMB that i still have to pay because my arrears are at £1k, and the loan is secured on my property...i kindly brought it to her attention that i have appeared in court on several occassions with the 1st charge **** bag mortgage company, and that i am still in the said mentioned property, and i am waiting for them to take me to court as mentioned in their default notice they issued me a while ago, but in the mean time could she please explain why i have been charged the £235.00 acceptance fee 3 times,send me a full set of statements from inception to date, and when will they have the current agreement ready for me to inspect in person at their office!! In the meantime i am not paying, they should not be adding any charges to my account etc (apparently they can) whilst it is in dispute!!! Thought i would leave the PPI, fraud and creative accounting and data protection breaches out for the time being..saving that for a rainy day!!! Will have 6 weeks with time on my hands for this lot come friday!!! cant wait!!!!

[Tariq2009]

vilka

 

posted on your thread

its your lucky day

 

Postggj Can you please look at my contract if you got time thanks

[EBOY]

Post,

I know your busy did you get a chance to look at my statements I emailed. I have to reply to the fos next week.

 

thanks

[lawfrodo]

could someone please have a look at my thread?! maybe someone here could offer me some advice.

thanks.

 

regards, lawrence.

[Sol]

Unsure, I think if they are only collecting on behalf of WF, ie not bought the debt then no, but am checking that for myself also...but WF should have informed you they were passing the account on (didn't tell me either lol)

 

If you would like their general e-mail addresses to bombard them, just leme know, judging by the sniffy responses I got they really don't like that

 

Have Cohens done the whole 'we are preparing court papers' malarkey?

 

Looks like my situation is exactly as yours. Nothing from Welcome about passing this on to their sister company. I have also had the 'preparing court papers' crap.

 

I've got their email addy, thanks. I've had a few replies with the usual 'you owe WFS this money.

 

I've had a successful PPI claim, believe it or not, and Cohen's are not taking this off the total. Doesn't phase me though.

[Dipply75]

Hi Sol

 

They're a laugh ain't they. I asked Cohens if Lewis Group actually instructed them to prepare court papers or if they just used a template letter to threaten me and apparently they have now closed their file....tut, is that all the fight I'm gonna get lol

 

Lewis Group tell me they are closing their file also. Oh really? I ain't letting them off that easy.

[traz39]

does it mean they will b no more news til december???

[EBOY]

There will be more news this month. It's actually a good opportunity for thos who loans are finished but were missold insurances etc to get claims in. Indeed everyone should be claiming back PPI because they will get it back.

[eeeezzzyy]

Morning all, just to let you know the little loves have just rung me, wanted to know what i thought of their amazing offer to bring my account to a close and if im going to pay it.....soooo i first of all informed him that he really shouldnt be phoning me as it is all now in the hands of a solicitor, and isnt it funny that now im fighting back against the scumbags who have made my life a misery for the last two n bit years, you are starting to be ultra nice to me. He didnt take to nicely to the fact that even if i was dealing with it i still wouldnt cough up as im going to take them to court if required,."you'll be hearing from me soon goodbye"

[b4bod]

Im on day 24 now since sending my letter demandng my refund for the PPI rubbish. Just thinking if I should ring them or not and pester them, I mean they've done it to me enough over the years....calling me a week before my payment is due, asking if they can have my card details and keep them in their safe so they can take the payment on the due day....