HSBC bank account at £0, closed and sent to DCA

[lionman]

Hi guys

I have been searching through really old paperwork on my debt situation and I am paying a DCA through a debt management plan for a HSBC bank account for an amount of lets say £4000.

Now we had our head in the sand for a few years and we are only just looking into what these actual debts are. Now the statement from HSBC from a good few years ago shows my account as £4000 overdrawn, a credit of £4000 paid in the day after, the balance at zero and then closed with the balance at £0.00

HSBC put this into a portfolio and sold it to a DCA who chased me for the amount of £4000 on this exact account. Does this HSBC statement I have found act as evidence that the account was at £0 before it was closed and should not have been sold to a DCA a few months later, and the £2000 I have paid to the DCA over the past few years be paid back to me?. For it to be passed to a DCA for collection, should a statement not read -£4000 OD then account closed?.

Thanks in advance, this is just a small issue in a sea of problems I am sailing through with my creditor's thanks to forums like this
:beagle:

[The Debt Star]

Re: HSBC bank account at £0, closed and sent to DCA

I wouldn't have thought so Lion. As we discussed on your 'tother thread, HSBC/First Direct routinely consolidate like this. Now, the amount sold to the DCA might be in question though, for instance if there were any other accounts transferred to the current account first? Eg credit balance? Loan? Could there be unalwful charges and any PPI comprised in that consolidated balance?

[leclerc]

Re: HSBC bank account at £0, closed and sent to DCA

They would have had to have zero'd the account prior to selling it, ie Bad Debt Write Off or something similar. When it's sold it's then £4000.00. ONLY if the 4k has got that way from you paying it off would the scenario you suggest be correct.