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Received a claim? Yes/No: Yes
Issue Date: 7 Aug 2019
Have you Acknowledged the Claim?: Not yet
Total Amount Claimed : ( approximately please do NOT use EXACT figure given on the claim form, round up to next £100 or £1000) £300
Claimant’s Name: PRAC Financial Ltd
Solicitors Firm: BW Legal
Original Creditor: Instant Cash Loans Ltd t/a Payday Express
Original Debt (eg. Credit card/Loan/Overdraft) : Payday loan
Particulars of Claim: ( Please type out in full excluding names/account numbers/exact amounts ): The claimants claim is for the sum of £200 being monies due from the defendant to the claimant under a loan agreement regulated by the Consumer Credit Act 1974 between the defendant and Instant Cash Loans ltd t/a Payday Express under account number 22047164 and assigned to the claimant on 09/12/2016, notice of which has been given to the defendant. The defendant failed to maintain the contractual payment under the terms of the agreement and a default notice has been served and not complied with. The claim also includes statutory interest pursuant to section 69 of the county courts act 1984 at a rate of 8.00% per annum (a daily rate of 0.03) from the date of the assignment of the agreement to 06/08/19 being an amount of £30.
Is the debt Statute Barred (have you had any contact with the creditor or claimant over the last 6 years?): No
List any letters you have sent (eg: CCA/ CPR ): None yet
Any Other Information or Background Details:
Ok, so here’s where it gets interesting.
This is the only correspondence I’ve had for this debt since I took out the loan (I lost my job and needed to pay rent. I definitely took it out when I shouldn’t have) and my last payment was in 2016. I moved house twice, so it’s possible any letters went to old addresses. Payday Express went into administration and ceased trading - and they’ve been in contact with me as a creditor as they acknowledged that they lent money to me irresponsibly. The meeting of creditors is not due to take place until 2020 (I have a copy of this document and a claim number from the administrators), but in the meantime I’ve received this Claim form from someone acting on their behalf. Where do I stand here? What should be my first step?
Issue Date: 7 Aug 2019
Have you Acknowledged the Claim?: Not yet
Total Amount Claimed : ( approximately please do NOT use EXACT figure given on the claim form, round up to next £100 or £1000) £300
Claimant’s Name: PRAC Financial Ltd
Solicitors Firm: BW Legal
Original Creditor: Instant Cash Loans Ltd t/a Payday Express
Original Debt (eg. Credit card/Loan/Overdraft) : Payday loan
Particulars of Claim: ( Please type out in full excluding names/account numbers/exact amounts ): The claimants claim is for the sum of £200 being monies due from the defendant to the claimant under a loan agreement regulated by the Consumer Credit Act 1974 between the defendant and Instant Cash Loans ltd t/a Payday Express under account number 22047164 and assigned to the claimant on 09/12/2016, notice of which has been given to the defendant. The defendant failed to maintain the contractual payment under the terms of the agreement and a default notice has been served and not complied with. The claim also includes statutory interest pursuant to section 69 of the county courts act 1984 at a rate of 8.00% per annum (a daily rate of 0.03) from the date of the assignment of the agreement to 06/08/19 being an amount of £30.
Is the debt Statute Barred (have you had any contact with the creditor or claimant over the last 6 years?): No
List any letters you have sent (eg: CCA/ CPR ): None yet
Any Other Information or Background Details:
Ok, so here’s where it gets interesting.
This is the only correspondence I’ve had for this debt since I took out the loan (I lost my job and needed to pay rent. I definitely took it out when I shouldn’t have) and my last payment was in 2016. I moved house twice, so it’s possible any letters went to old addresses. Payday Express went into administration and ceased trading - and they’ve been in contact with me as a creditor as they acknowledged that they lent money to me irresponsibly. The meeting of creditors is not due to take place until 2020 (I have a copy of this document and a claim number from the administrators), but in the meantime I’ve received this Claim form from someone acting on their behalf. Where do I stand here? What should be my first step?
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