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Hi all,
Been given the details of this page and looking for some info..
Could anyone help with the legal side of this please??
There are a series of loan agreements with welcome finance from 2001 , rewritten several times last one was in 2008 and then eventually sold to Alpha in 2016 as soon as i raised a dispute with welcome.
They already have security on the loan by way of a legal charge that was set up for the 2006 agreement. Tried for repo to do with arrears and failed as Ppi refund meant I was not in arrears but in front with payments.
Loan was reduced to 0% interest in Dec 2015 by welcome.I have not paid anything since May 2015
Does this mean there are good grounds to argue that the remaining balance should be paid to new creditors over the remaining agreed term. The creditor is claiming that payment should be in line with the agreement, albeit over a shorter term - position is that the repayment sums take account of interest, spread over the agreed repayment term.
I’ve had a successful Ppi refund from FSCS. Which was paid directly to new owners. But still want to address a substantial number of penalty charges on numerous accounts.
Could I pursue Alpha through the courts for refund of the charges levied against the 18 grand of the balance being unlawful penalty charges and interest from the previous welcone loans. Numerous agreements have culminated in the most recent agreement that was assigned to them.
welcome have entered in to a scheme of variation you see.
The accounts dating back as far as 2001 were in serious dispute with WF before and after they sold the debt to Alpha.
Been given the details of this page and looking for some info..
Could anyone help with the legal side of this please??
There are a series of loan agreements with welcome finance from 2001 , rewritten several times last one was in 2008 and then eventually sold to Alpha in 2016 as soon as i raised a dispute with welcome.
They already have security on the loan by way of a legal charge that was set up for the 2006 agreement. Tried for repo to do with arrears and failed as Ppi refund meant I was not in arrears but in front with payments.
Loan was reduced to 0% interest in Dec 2015 by welcome.I have not paid anything since May 2015
Does this mean there are good grounds to argue that the remaining balance should be paid to new creditors over the remaining agreed term. The creditor is claiming that payment should be in line with the agreement, albeit over a shorter term - position is that the repayment sums take account of interest, spread over the agreed repayment term.
I’ve had a successful Ppi refund from FSCS. Which was paid directly to new owners. But still want to address a substantial number of penalty charges on numerous accounts.
Could I pursue Alpha through the courts for refund of the charges levied against the 18 grand of the balance being unlawful penalty charges and interest from the previous welcone loans. Numerous agreements have culminated in the most recent agreement that was assigned to them.
welcome have entered in to a scheme of variation you see.
The accounts dating back as far as 2001 were in serious dispute with WF before and after they sold the debt to Alpha.
