hsbc chasing me for unpaid overdraft

[johnnyberry]

hi i have debt collectors sending me letters about a £13000 unpaid overdraft that i had on a business account with them, HSBC decided to shut our bank account over a security issue meaning that we could not pay any money into account, consequently we could not repay our over draft is there a way out of this situation?

[echat11]

Hi Johnnyberry

If HSBC caused the 'default' of the account, did you raise a complaint with them?

Is the DCA still collecting on behalf of HSBC?

[MIKE770]

inhouse collections????

[johnnyberry]

Hi Johnnyberry

If HSBC caused the 'default' of the account, did you raise a complaint with them?

Is the DCA still collecting on behalf of HSBC?

hi thanks for your reply yes DCA still sending letters and phoning , the debt was incured after we were granted a overdraft to start business but my business partner never noticed a security flag on our online banking and our account was closed,with the overdraft locked in it, HSBC opened a new business account for us but it was to late as we needed the overdraft to keep trading we ceased trading over 2 years ago and left our rented premises and closed our business Email ,so we never knew that hsbc were chasing us for money, until last week when a letter from Moorcroft arrived at my home address so i really dont know what do apart from go bankrupt or dispute that we could never pay the money back as the bank closed our account, i am now unemployed and receiving universal credit and due to retire in march 2022

[johnnyberry]

inhouse collections????

no moorcroft debt recovery

[MIKE770]

just collecting on commissions hopefuls on behalf of HSBC then. still with HSBC then!

[johnnyberry]

just collecting on commissions hopefuls on behalf of HSBC then. still with HSBC then!

hi no havent been with them since our company folded

[MIKE770]

Meaning the alledged debt is still with HSBC - moorcroft only collecting agents on their behalf