2004 debt and cabot

[ODC]

Re: 2004 debt and cabot

Lowell Farcical, Lowell Portfilio, Red Debt and Hampton iLegal are all trading styles of The Leeds losers

You could always join their fan club

[dantheman]

Re: 2004 debt and cabot

I Love that - So what you saying is? With Lowell you get f' all! I am going to wait until they get in touch with a LF, LP, Red letter. Post on here - but to be honest I thin k you are right. I have issued the s.5 - THEY know it's statute barred unless they have proof of acknowledgment - in which case the onus is on them to take me to court. I will do nothing until after the deadline on of 19th march. However like I said - that doesn't actually apperar on my Credit report.

One question after the default date of six years can they issue a CCJ - or am I being dumb here?

[ODC]

Re: 2004 debt and cabot

Once a debt is Statute Barred they can take NO legal action to enforce the debt. The debt still exists though and they can ask you to pay but that's all. They

[Angry Cat]

Re: 2004 debt and cabot

I'm adding this because you may find it amusing.
I have checked back on Lowell Correspondence First contact is from Lowell Financial. From then on it's from Lowell Portfolio - Now they are threatening to send it over to their collection agent Lowell Financial - Think it should be Lowell Farcical!

Lowell Portfolio are the debt buyer;
Lowell Financial are the collector for same.

[dantheman]

Re: 2004 debt and cabot

It's the same address, same postcode, same company - I suppose it's like a big insurance group - once the have your number they pass it to different departments to try a different angle. It ain't fun - but it will be interesting to see what L Financial send. Apart from another demand letter.

Cheers guys.

[Angry Cat]

Re: 2004 debt and cabot

Same group, yes.
But, not all carry the same CCA licence.

[dantheman]

Re: 2004 debt and cabot

Now you have me interested. In terms of the CCA licences what is the difference between Lowell Portfolio and Lowell Financial? I would have thought that the CCA would cover the company.

[ODC]

Re: 2004 debt and cabot

It's the same address, same postcode, same company - I suppose it's like a big insurance group - once the have your number they pass it to different departments to try a different angle. It ain't fun - but it will be interesting to see what L Financial send. Apart from another demand letter.

Cheers guys.

Its all to do with tax fiddling

[dantheman]

Re: 2004 debt and cabot

Just a quick one to continue from above. Have today received a letter from Lowell Financial, saying we have received and replied to your query and that we have answered your letter. Now I can set up a repayment plan.

Despite the change of name it's signed by the same person.

This is much more polite than I would have ever imagined. No you must, but many happy to helps.
Would you leave it or do the s.5 follow up letter?

[Angry Cat]

Re: 2004 debt and cabot

Now you have me interested. In terms of the CCA licences what is the difference between Lowell Portfolio and Lowell Financial? I would have thought that the CCA would cover the company.

The two firms hold separate CCA licenses and the 'categories' for Lowell Portfolio 1 are less than that of Lowell Financial.

[ODC]

Re: 2004 debt and cabot

The reason for their apparent politeness is simple. They know they are stuffed and are having alast go at trying to get you to pay

you have two options

1. Ignore them

2. Write back and inform them that you have made your position clear, the alleged debt is Statute Barred and no payments will be forthcoming and could they please furnish you with a copy of their complaints procedure

[dantheman]

Re: 2004 debt and cabot

AC - So the Financial part of Lowell is the get tougher division? This letter is the most polite demand I have had up to date - you wouldn't believe that this was a higher category.

ODC - That's what I expected to see. Since send the first s.5 and there reply, you wrote out your s.5 follow up (post 19). My temptation is to send that as It clearly states:

Unless you can provide evidence of payment or written contact from us in the relevant period under Section 5 of the Limitation Act, we suggest that you are no longer able to take any court action against us to recover the alleged amount claimed.

Based on that and all of your help through out this thread, it places them and it at a point where they have either 1 - Supply proof or take me to court. 2 - Just keep sending begging letters to which I will not reply.

Thanks again.

[ODC]

Re: 2004 debt and cabot

Lowell Financial is no more serious than any of the other branches of this shower of shysters. They use different names such as Red Debt and Hampton iLegal. They are designed to scare and confuse the unknowing. At the end of the day it's the same garbage from the same threat-monkeys who just load the threatomatic with different headed paper.

You have told the Leeds Losers your position so unless the can prove otherwise

[Angry Cat]

Re: 2004 debt and cabot

'Their' letters do tend to take on a more courteous tone, once one's position is made clear under the relevant legislation.

Please, always bear in mind that these firms buy portfolio's of toxic debt, which they are desperate to collect on;
the setting up of payments plan(s)...

[ODC]

Re: 2004 debt and cabot

Lowells seem to specialise in the purchase of UNENFORCEABLE debt. Andy Bartle might think he is a grat businessman but the more folk that stand up to the DCAs will show him and his Mickey mouse company up for the gangsters they really are