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Hello.
I could do with some advice please. To be as brief as possible, in 1998 my partner now wife had to give up work to have our daughter. She did not work again until 2006.
As a result we got into financial difficulty and a number of loans etc defaulted. These came off our credit report in 2006 - after the 6 year period. I had been dealing with Debt Collection Agencies paying small amounts, some still going, many paid off. Lloyds Bank was an overdraft and loan taken out in 1997.
A particular DCA was working for Lloyds Bank - I offered and sent off payments monthly but in 2010 into 2011 cheques were cashed late on occasions which resulted in me getting bank charges. One month I got 2 months worth of payments going out. This I did not expect.
I wrote to the DCA and asked to reduce the amount I paid every month given some payment cheques were cashed 3-5 weeks after sending causing me charges.
I could not afford to continue these payments so I had to stop them. Lloyds then went with other Debt Collection agencies and the most recent - Robinson Way have contacted me, threatened home visits and many letters. Very persistent and worrying. I have 3 other accounts remaining with them (Robinson Way) yet they keep saying court action maybe taken in respect of monies owed but their client (Lloyds) is keen to make arrangements without commencing legal proceedings.
I have sent them a letter questioning the time period - this defaulted in 2000 / 2001 as I questioned that last payment date - it may come under the limitation act.
They have sent a letter back today stating the last payment made was on the 9th and 22nd Sept 2011.
Where do I stand ? What can I do?
The amount owed is approx £7,800 (2 accounts combined) and both were originally from 1997. A very stressful time again, this is a large amount of money having already gone through the defaulting process with many creditors and having this Lloyds account on our credit report for 6 years.
May I have some advice please.?
If anyone can - I thank you in advance.
I could do with some advice please. To be as brief as possible, in 1998 my partner now wife had to give up work to have our daughter. She did not work again until 2006.
As a result we got into financial difficulty and a number of loans etc defaulted. These came off our credit report in 2006 - after the 6 year period. I had been dealing with Debt Collection Agencies paying small amounts, some still going, many paid off. Lloyds Bank was an overdraft and loan taken out in 1997.
A particular DCA was working for Lloyds Bank - I offered and sent off payments monthly but in 2010 into 2011 cheques were cashed late on occasions which resulted in me getting bank charges. One month I got 2 months worth of payments going out. This I did not expect.
I wrote to the DCA and asked to reduce the amount I paid every month given some payment cheques were cashed 3-5 weeks after sending causing me charges.
I could not afford to continue these payments so I had to stop them. Lloyds then went with other Debt Collection agencies and the most recent - Robinson Way have contacted me, threatened home visits and many letters. Very persistent and worrying. I have 3 other accounts remaining with them (Robinson Way) yet they keep saying court action maybe taken in respect of monies owed but their client (Lloyds) is keen to make arrangements without commencing legal proceedings.
I have sent them a letter questioning the time period - this defaulted in 2000 / 2001 as I questioned that last payment date - it may come under the limitation act.
They have sent a letter back today stating the last payment made was on the 9th and 22nd Sept 2011.
Where do I stand ? What can I do?
The amount owed is approx £7,800 (2 accounts combined) and both were originally from 1997. A very stressful time again, this is a large amount of money having already gone through the defaulting process with many creditors and having this Lloyds account on our credit report for 6 years.
May I have some advice please.?
If anyone can - I thank you in advance.
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