Lowell - Advice required please

[andyb124]

Hi There

I've just been reading the thread that "Kris17" had started in relation to Lowell and I'm just looking for a bit of advice.

My dad had a loan with Hitachi that was passed to lowell. My Dad is on long term sickness from work due to Osteo arthritis. There is roughly £13k (it was a £10k loan) so I'm assuming this is what the full level was with interest.

There is currently an agreement in place for £75 per month which I currently pay. My dad is 64 and will probably be retiring in a years time, if not possibly sooner due to ill health.

Do you think it would be advisable to discuss these details with lowell, making them aware that I won't be looking to continue payments for a long period of time and that with my dads impending retirement they will struggle to obtain the full amount. Would it be advisable to look to come to an agreement through a discounted amount and set an arrangement to clear that off and that it will be fully settled.


Thanks

[jaguarsuk]

Hi There

I've just been reading the thread that "Kris17" had started in relation to Lowell and I'm just looking for a bit of advice.

My dad had a loan with Hitachi that was passed to lowell. My Dad is on long term sickness from work due to Osteo arthritis. There is roughly £13k (it was a £10k loan) so I'm assuming this is what the full level was with interest.

There is currently an agreement in place for £75 per month which I currently pay. My dad is 64 and will probably be retiring in a years time, if not possibly sooner due to ill health.

Do you think it would be advisable to discuss these details with lowell, making them aware that I won't be looking to continue payments for a long period of time and that with my dads impending retirement they will struggle to obtain the full amount. Would it be advisable to look to come to an agreement through a discounted amount and set an arrangement to clear that off and that it will be fully settled.


Thanks

It doesn't hurt to communicate with them and let them know what is going on, you shouldn't be paying his debt and they should be collecting from him what he can afford.

I would also send them a CCA Request to see if they even have the agreement that makes the debt enforceable and I'd send a Subject Access Request Letter to the original creditor to see what documents they have, therefore what Lowell can get hold of.

[andyb124]

Ok can this be done by email? Also is there some sort of templated letter I can send to both?

Thanks

[jaguarsuk]

Yes it can be by both.