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Rights to operate unlicensed under fcc rules

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  • Rights to operate unlicensed under fcc rules

    can we look at this
    1 hoist portfolio holding 2 limited buy debt under a FCC licence
    2 hoist portfolio holding 2 limited then cant get payment under agreement
    3 hoist portfolio holding 2 limited issue a county court summons
    4 hoist portfolio holding 2 limited cancel there FCC licence
    5 hoist portfolio holding 2 limited 7 months later they still have no judgement but are still trying to get enforcement of a consumer agreement in a court (hoist are the claimant)
    this becomes a debt administration ( there solicitors only act for legal reasons and are not licence for Debt administration

    Debt administration

    PERG 2.7.8EG
    01/04/20141. (1)
    Taking steps to perform duties or to exercise or to enforce rights under a credit agreement or aconsumer hire agreement on behalf of the lender or owner is aregulated activity.


    now we look at this argument

    Debt-collecting

    1. hoist portfolio holding 2 limited are now acting as a debt collector they are the owner or lender there for by issuing a county court summons in the name hoist portfolio holding 2 limited is a act in .
    PERG 2.7.8DG
    01/04/20141. (1)
    Taking steps to procure the payment of a debt due under a credit agreement or aconsumer hire agreement is a regulated activity

    dose this mean there solicitors would be acting as a debt collector ???

    procure
    to obtain or get by care,effort,or the use of special means


    a notice of assignment and transferring rights even if applied would become defaulted when licence was cancelled (the licence is non-transferable)
    also anyone who had a abbey loan which has been sold to this lot after April 2014 take a close look at who signed the
    assignment.type there name into google
    then look this person up on linkin and see when they left that job at the abbey.

    Understanding consumer credit - Consumer credit permissions_ common misunderstandings
    FCC document
    Debt activities – Common misunderstandings


    14. I don’t need debt collecting as I only collect under exempt
    agreements
    Debt collecting includes taking steps to procure payment of a debt under a credit agreement. This is irrespective
    of whether the agreement is regulated or exempt. It does not though include debts under agreements which are
    not credit agreements (or consumer hire agreements or regulated peer-to-peer loans), such as utility bill debts, or
    debts owed by companies (as these are not ‘credit agreements’).
    Tags: None

  • #2
    Re: Rights to operate unlicensed under fcc rules

    Originally posted by dambuster View Post
    can we look at this
    1 hoist portfolio holding 2 limited buy debt under a FCC licence
    2 hoist portfolio holding 2 limited then cant get payment under agreement
    3 hoist portfolio holding 2 limited issue a county court summons
    4 hoist portfolio holding 2 limited cancel there FCC licence
    5 hoist portfolio holding 2 limited 7 months later they still have no judgement but are still trying to get enforcement of a consumer agreement in a court (hoist are the claimant)
    this becomes a debt administration ( there solicitors only act for legal reasons and are not licence for Debt administration

    Debt administration

    PERG 2.7.8EG
    01/04/20141. (1)
    Taking steps to perform duties or to exercise or to enforce rights under a credit agreement or aconsumer hire agreement on behalf of the lender or owner is aregulated activity.


    now we look at this argument

    Debt-collecting

    1. hoist portfolio holding 2 limited are now acting as a debt collector they are the owner or lender there for by issuing a county court summons in the name hoist portfolio holding 2 limited is a act in .
    PERG 2.7.8DG
    01/04/20141. (1)
    Taking steps to procure the payment of a debt due under a credit agreement or aconsumer hire agreement is a regulated activity

    dose this mean there solicitors would be acting as a debt collector ???

    procure
    to obtain or get by care,effort,or the use of special means


    a notice of assignment and transferring rights even if applied would become defaulted when licence was cancelled (the licence is non-transferable)
    also anyone who had a abbey loan which has been sold to this lot after April 2014 take a close look at who signed the
    assignment.type there name into google
    then look this person up on linkin and see when they left that job at the abbey.

    Understanding consumer credit - Consumer credit permissions_ common misunderstandings
    FCC document
    Debt activities – Common misunderstandings


    14. I don’t need debt collecting as I only collect under exempt
    agreements
    Debt collecting includes taking steps to procure payment of a debt under a credit agreement. This is irrespective
    of whether the agreement is regulated or exempt. It does not though include debts under agreements which are
    not credit agreements (or consumer hire agreements or regulated peer-to-peer loans), such as utility bill debts, or
    debts owed by companies (as these are not ‘credit agreements’).

    Compare with this :

    https://fca.org.uk/news/statements/a...apital-limited

    Comment

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