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Courtesy of Richard Spud @ CAG
*Another OFT warning for a DCA – “Link Financial Limited”.*
http://www.oft.gov.uk/news/press/2009/58-09
Interestingly, while the OFT Requirement refers to debtor tracing, the reference
at paragraph “3” to the allocation to reduce an alleged debt by the £1 fee for
ss.77 /78 CCA 1974 requests goes someway to recognise that such payments for
statutory requests are not only to be accepted as such, they should not be
understood to be any admission of an alleged debt by the making of a payment and
consequently, possibly, extending the statute barred period for a disputed debt
or other alleged debt.
As an aside; the recent practice brought to my attention of DCAs referring in
correspondence to debtors as their “Customers” and provide statements of
accounts without any payments showing as made is an insidious a practice as are
the obnoxious parasitic DCAs.
Finally in update of the sickening practices employed by some DCAs; the 62 year
old widow of a deceased friend of mine of some 30 years practising as a
colleague who sadly passed away in February this year informed me by telephone
late one evening last week that two burly debt collectors (she described them as
“Bouncer types”) called at her home demanding £42 for an alleged unpaid E-bay
account in her husband’s name. Upon the presentation of her husband’s death
certificate, the “Bouncers” asked her to give them £42 plus their collection
fees of £220. They very kindly offered to drive her to an ATM to withdraw the
funds from the bank account that receives her State Pension, Incapacity and
Widows Benefit. Such nice individuals don’t you think? Needless to say; my
friend’s window rather astutely referred the “Bouncers” (from an unidentified
company) to the Executors of her late husband’s estate.
Regards – Richard.
*Another OFT warning for a DCA – “Link Financial Limited”.*
http://www.oft.gov.uk/news/press/2009/58-09
Interestingly, while the OFT Requirement refers to debtor tracing, the reference
at paragraph “3” to the allocation to reduce an alleged debt by the £1 fee for
ss.77 /78 CCA 1974 requests goes someway to recognise that such payments for
statutory requests are not only to be accepted as such, they should not be
understood to be any admission of an alleged debt by the making of a payment and
consequently, possibly, extending the statute barred period for a disputed debt
or other alleged debt.
As an aside; the recent practice brought to my attention of DCAs referring in
correspondence to debtors as their “Customers” and provide statements of
accounts without any payments showing as made is an insidious a practice as are
the obnoxious parasitic DCAs.
Finally in update of the sickening practices employed by some DCAs; the 62 year
old widow of a deceased friend of mine of some 30 years practising as a
colleague who sadly passed away in February this year informed me by telephone
late one evening last week that two burly debt collectors (she described them as
“Bouncer types”) called at her home demanding £42 for an alleged unpaid E-bay
account in her husband’s name. Upon the presentation of her husband’s death
certificate, the “Bouncers” asked her to give them £42 plus their collection
fees of £220. They very kindly offered to drive her to an ATM to withdraw the
funds from the bank account that receives her State Pension, Incapacity and
Widows Benefit. Such nice individuals don’t you think? Needless to say; my
friend’s window rather astutely referred the “Bouncers” (from an unidentified
company) to the Executors of her late husband’s estate.
Regards – Richard.
