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Welcome Finance secured loan advice

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  • #31
    Re: Welcome Finance secured loan advice

    In further developments, I received this letter yesterday:

    Attached Files

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    • #32
      Re: Welcome Finance secured loan advice

      Not had mine....yet!
      Never give up, Never surrender.

      Comment


      • #33
        Re: Welcome Finance secured loan advice

        I tend to ignore people like MH.

        The only time you really need to take any action is if you receive a summons from the County Court. The summons will name the original creditor for the debt you owe which will enable you to submit a SAR to the original creditor for the details of the debt.

        On receipt of the summons you can issue a SAR and then write to the court asking for an adjournement on the grounds that you have submitted a SAR with regards to the claims (Provide a copy to the court) and as the summons is the first you have heard regarding the debt you would not be able to present a defense without the information you have requested so would like an adjournment of at least 45 days which will cover the 40+2 days for the creditor to answer the SAR.

        Once you return to the court you can ask for a further adjournment of up to 4/6 weeks, depending on what date you receive the documents in relation to the date of the new hearing, for you to digest the information and construct your defence if you are denying the claims, or pay the debt and move on.

        Comment


        • #34
          Re: Welcome Finance secured loan advice

          At this kind of situation I won’t use to take these two options somehow choose better idea to over come this issue.

          Comment


          • #35
            Re: Welcome Finance secured loan advice

            Not sure what you mean RD, can you explain?
            Never give up, Never surrender.

            Comment

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