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*** SETTLED ** Court Claim - Asset Collections / Lending stream - 8-9-2017

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  • #16
    Re: Court Claim - Asset Collections / Lending stream - 8-9-2017

    Originally posted by Lini View Post
    I tried to log on and I can't remember my username. Even though I only used it last night, one of the probs I'm having with the medication... it works but I struggle really badly remembering things and finding the words I want to say when I'm talking.
    Is it the same as mcol customer number?

    - - - Updated - - -

    Oooh no... got it x sorry
    lol, well done ! - don't worry I have to screenshot things like that when I do them and name the screenshot something obvious ( like MCOL ) so I can figure it out next time ! I rely far too much on my computer remembering things for me.
    #staysafestayhome

    Any support I provide is offered without liability, if you are unsure please seek professional legal guidance.

    Received a Court Claim? Read >>>>> First Steps

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    • #17
      Re: Court Claim - Asset Collections & investigations Ltd / Lending stream - 8-9-2017

      As I'm sending both docs to asset collections should I enclose 1 postal order for £2 or two £1

      thanks im going to sleep properly for the first time in a week tonight thanks to you

      Comment


      • #18
        Re: Court Claim - Asset Collections & investigations Ltd / Lending stream - 8-9-2017

        You only need one for with the CCA request - the CPR request doesn;'t need payment xxxx

        And good to hear Once you've got the letters of and the claim acknowledged ( tick ) you just have to keep an eye on timescales - your defence will be due in around 8th October...

        in between times let us know ANYTHING you recieve from the claimant or their representatives, and don't email or speak to them xxxx

        so we should investigate if you have any other defences to back up any document issues;

        Do you know when you first took out the loan with Lending Stream ?
        Did you inform them of your health issues in writing or by phone?
        #staysafestayhome

        Any support I provide is offered without liability, if you are unsure please seek professional legal guidance.

        Received a Court Claim? Read >>>>> First Steps

        Comment


        • #19
          Re: Court Claim - Asset Collections / Lending stream - 8-9-2017

          Could I use the affordability issue as defence? I guess that's a seperate issue altogether got in a terrible mess with the payday loans when I wasn't well quick quid are pretty bad, the payday loan companies are the only creditors which haven't been Accommodating. They say we will accept £200 a month for six months and when I say I cannot afford that much they send you straight to debt collectors no negotiations whatsoever, I can really see how people take their lives when oweing money to these companies

          when I wrote to lending stream to say I was suffering with a mental illness I asked if they could freeze charges and interest for two months while I got my act together and sorted my finances they said no... not without a payment arrangement in place- which I couldn't give them without an income and expenditure form which I couldn't give them because I temporarily only had ssp coming in and didn't know how long I'd be off for unpaid

          - - - Updated - - -

          First loan with lending stream Aug 2015
          2 in october
          2 dec
          5 in January 201
          3 feb
          1 July 1 August. The actual loans they are pursuing me for are for £1100 - the rest is all interest £1100
          Last edited by Lini; 20th September 2017, 18:23:PM.

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          • #20
            Re: Court Claim - Asset Collections / Lending stream - 8-9-2017

            I wrote to them and sent the letter recorded delivery, they acknowledged it end of november 2016 and asked for expense and outgoing but I wasn't being paid and was so on so many heavy medications I couldn't work out where to start - I didn't know what I'd have coming in and had stopped paying everything so didn't know how to calculate what was going out. What a mess

            Comment


            • #21
              Re: Court Claim - Asset Collections / Lending stream - 8-9-2017

              Originally posted by Lini View Post
              Could I use the affordability issue as defence? I guess that's a seperate issue altogether got in a terrible mess with the payday loans when I wasn't well quick quid are pretty bad, the payday loan companies are the only creditors which haven't been Accommodating. They say we will accept £200 a month for six months and when I say I cannot afford that much they send you straight to debt collectors no negotiations whatsoever, I can really see how people take their lives when oweing money to these companies

              when I wrote to lending stream to say I was suffering with a mental illness I asked if they could freeze charges and interest for two months while I got my act together and sorted my finances they said no... not without a payment arrangement in place- which I couldn't give them without an income and expenditure form which I couldn't give them because I temporarily only had ssp coming in and didn't know how long I'd be off for unpaid

              - - - Updated - - -

              First loan with lending stream Aug 2015
              2 in october
              2 dec
              5 in January 201
              3 feb
              1 July 1 August. The actual loans they are pursuing me for are for £1100 - the rest is all interest £1100
              Ouch... they do tend to suck you in and you can't get out again... I'll see if [MENTION=48934]Debt Camel[/MENTION]can look in, but really now it's with a DCA and at court, it's a little by the by. We could look at unfair relationships if the terms forced new loans to pay off old loans, and potentially breaches of FCA regs ? [MENTION=551]pt2537[/MENTION] ?
              #staysafestayhome

              Any support I provide is offered without liability, if you are unsure please seek professional legal guidance.

              Received a Court Claim? Read >>>>> First Steps

              Comment


              • #22
                Re: Court Claim - Asset Collections / Lending stream - 8-9-2017

                I had to borrow from several different payday lenders to pay off the loans until it got uncontrollable and I was taking a couple of thousand pounds of loans each month to cover the interest. At one point I took out 8 payday loans in one month with a few different lenders, I was borrowing more from one lender to pay the earlier loan back with the same lender. As horrib,e as the situation is now at least I've broken the cycle x hoping it's up from here on.. can't get any deeper into debt now x

                Comment


                • #23
                  Re: Court Claim - Asset Collections / Lending stream - 8-9-2017

                  Hi!

                  I'm going to leave handling the court case with [MENTION=6]Amethyst[/MENTION] and anyone else she can draft in.

                  But what you need to do asap is get an affordability complaint into Lending Stream for ALL the loans you had with them. It may be the ombudsman won't look at the ones that already have a court process underway, but put in a complaint about them all at the start. With any luck you will get enough money back to help you pay off any CCJ you get.

                  Also put in complaints to QQ and any other payday lenders you have used. asap. Getting complaints in will stop them going to court. And it could get you some money!

                  Details about what an affordability complaint is here https://debtcamel.co.uk/creditor-wont-freeze-interest/ which also has template letters. It sounds as though your borrowing is mostly pretty recent and you have some info about it so I hope you can skip the stage one (ask about your loans) and go straight to the stage 2 (full complaint).

                  Can I ask what your job is that you are concerned a CCJ will affect it? Also do you have any assets - are you buying or renting? Haw large are your total debts at the moment?

                  Comment


                  • #24
                    Re: Court Claim - Asset Collections / Lending stream - 8-9-2017

                    Originally posted by Debt Camel View Post
                    Hi!

                    I'm going to leave handling the court case with @Amethyst and anyone else she can draft in.

                    But what you need to do asap is get an affordability complaint into Lending Stream for ALL the loans you had with them. It may be the ombudsman won't look at the ones that already have a court process underway, but put in a complaint about them all at the start. With any luck you will get enough money back to help you pay off any CCJ you get.

                    Also put in complaints to QQ and any other payday lenders you have used. asap. Getting complaints in will stop them going to court. And it could get you some money!

                    Details about what an affordability complaint is here https://debtcamel.co.uk/creditor-wont-freeze-interest/ which also has template letters. It sounds as though your borrowing is mostly pretty recent and you have some info about it so I hope you can skip the stage one (ask about your loans) and go straight to the stage 2 (full complaint).

                    Can I ask what your job is that you are concerned a CCJ will affect it? Also do you have any assets - are you buying or renting? Haw large are your total debts at the moment?
                    Sure I'm a secretary in a bank
                    we are credit checked and have to attest to not having received a ccj every year

                    no assets/renting privately debts around £15 k but gradually negotiating with debtors to get back on top of things even with token payments.

                    I have all all the information layer out in a calendar so I can see what I borrowed from whom and when. Lending stream loaned me money five times in one month, when I hadn't paid off prior debts. The bi polar didn't really affect me by making me shop irresponsibly during manic times but it definitely led me to take huge risks in all aspects of my life and borrowing was one of them it's as if you have no concept of danger or failure and you've got everything under control often with three nights of no sleep ... like you're the best money manager there ever was... then within a week kr two you wake up one morning and you have to pick up the mess that you've created except by this stage you've dropped into a deep depression with suicidal thoughts and can't manage it, often the guilt and shame is overwhelming and you can't face the choices you've made because you are too disgusted with yourself to deal with it.
                    its been a constant rollercoaster especially the past year.
                    I take full responsibility for my own actions - nobody made me take those loans out... but if they credit checked me they would have seen that I was way more in debt with other payday loans than I realised when applying.

                    Even now now I get daily emails from lending stream promoting their services and asking me to cone back... you'd think they would have taken me off them by now x

                    Comment


                    • #25
                      Re: Court Claim - Asset Collections / Lending stream - 8-9-2017

                      Thank you Debt Camel xxx

                      Lini - that is a really good description of how bi-polar can affect you - I rather admire how you're dealing with things

                      That said - Lending Stream should not have been lending in that way and they know it. I'd certainly have a think about what Debt Camel has said.

                      That lending stream continue to mailshot you shows just how blasé they are about what they do.

                      Your priority with this one at court now is not to get a CCJ - so we'll keep that forefront of mind when dealing with the court proceedings Remember the claimant knows nothing about you and, tbh, cares only about their spreadsheets. So treat them impassionately back.

                      We've made a decent start dealing with it so let's see what comes back from your letters ( if anything ) and go from there xxx
                      Last edited by Amethyst; 20th September 2017, 21:51:PM.
                      #staysafestayhome

                      Any support I provide is offered without liability, if you are unsure please seek professional legal guidance.

                      Received a Court Claim? Read >>>>> First Steps

                      Comment


                      • #26
                        Re: Court Claim - Asset Collections & investigations Ltd / Lending stream - 8-9-2017

                        Originally posted by Lini View Post
                        Particulars of claim
                        asset collections and investigation claim this amount in respect of an unpaid loan funded by lending stream. The defendant failed to abide by the terms of the contract
                        asset collection & investigation purchased this debt from the lending stream and subsequently sent a notice of assignment to the defendant to advise.
                        the defendant has failed to respond from the claimant thus denying the claimant any opportunity in assisting the defendant in attempting to bring the matter to an amicable solution.
                        The Particulars of Claim make no mention of a Default Notice prior to the debt being assigned to the Claimant.

                        Was a DN issued/served/received?

                        Di

                        Comment


                        • #27
                          Re: Court Claim - Asset Collections / Lending stream - 8-9-2017

                          Thankyou so so so much. I will channel all the worry into action tomorrow and send asset collections the two requests for information and QQ, Sunny, Lending stream letters to start the affordability ball rolling.
                          all info seems to say that whilst the actual debt is being queried, court action should not be commenced, wonder if court action can be temporarily held..either way there's a defence to my ccj that I do not believe the loan was affordable and therefore I don't believe that I'm liable for the 100% interest included in the claim? Do you think Amethyst? I'm off to bed now.. thanks debt camel for your wonderful advice and amethyst... ❤️

                          Goodnight

                          - - - Updated - - -

                          Hi Diana, yes I received an email from lending stream with a default notice, thanks for checking that out though x

                          Comment


                          • #28
                            Re: Court Claim - Asset Collections / Lending stream - 8-9-2017

                            Hi all, just wanted to let you know Ive had a busy day. if I'd told myself a month ago id be able to do this now id have never believed it - and that's all thanks to the support ive received from you.
                            Ive today sent complaint letters disputing affordability to Sunny, Quick Quid and the Lending Stream.
                            I've sent request for CCA, and Documentation to Asset Collections, as well as a formal complaint - a copy of the email that I sent to them, and have sent these registered delivery. The other pay day loan companies that I have used sporadically, I have not attempted to contact, only the ones which loaned money repeatedly month after month, often lending minutes after paying off the last loan.

                            i'll keep you posted if I hear anything back and as suggested by Amethyst will keep an eye on the Money Claim site, in case any documents have been uploaded as evidence against me.

                            thank you once again and then once more

                            L

                            Comment


                            • #29
                              Re: Court Claim - Asset Collections / Lending stream - 8-9-2017

                              That sounds like a very good day's work Well done xxx

                              Don't forget you need to file your defence before 8th Oct so make sure, if you receive nothing in between times, to come back a few days before then to prepare it.

                              They won't upload any docs onto Moneyclaim, so no need to keep checking - just keep your log in stuff so you can get back on to file your defence before the 8th. And let us know if you hear back anything, from anyone really

                              The CCA request requires them to provide the credit agreement and terms directly applicable to the debt - I think yours is made up of numerous agreements ( unless one paid off another and so on?) - if they can't supply that they will have difficutly obtaining a judgment xxx
                              #staysafestayhome

                              Any support I provide is offered without liability, if you are unsure please seek professional legal guidance.

                              Received a Court Claim? Read >>>>> First Steps

                              Comment


                              • #30
                                Re: Court Claim - Asset Collections / Lending stream - 8-9-2017

                                [MENTION=6]Amethyst[/MENTION] can talk about a Tomlin order as an alternative to a CCj if it appears there is no likely defence.

                                one thing you could do to make future poor bipolar decisions less likely is register for CIFAS protection, see https://www.cifas.org.uk/services/id...e-registration. It's meant for people who have had identity theft problems, but it works well for your situation. It doesn't stop you getting credit but it makes it slower - any application has to be checked by writing to you to confirm you did ask for it - and that extra couple of days may be all that's needed to let you realise you shouldn't be taking out that loan.

                                Comment

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