Hi
I am new to this site so hoping someone can advise me regarding DCA's and buying debts.
I had a loan with Egg back in 2006 but unfortunately got into trouble paying. I set up a DMP with the CCCS at the time and was paying them the amount requested. I then started paying my debts myself still at the agreed some but not via the CCCS.
All was going well until my payments to Egg were being returned to my bank account. This happened twice in September and October 2014.
I received nothing from Egg to say they were transferring the account or the account had been sold.
I received a letter from Arrow Global stating they had purchased the debt. I asked them to provide me with a Notice of Assignment which they didn't. I then received a letter from RMA Resolve saying they had purchased the debt, I did the same thing and asked them to provide me with a Notice of Assignment again they didn't. It then went to NCO and now to Westcot who tell me that Arrow Global have purchased the debt and that AG are Westcot's clients.
I asked Westcot to provide me with the Notice of Assignment and this has been going on for months and months now. They say I have no legal standing and said that my letters because I obtained them from the internet are not legally binding.
I have checked the Law of Property Act 1925, the Office of Fair Trading and the CSA's Code of Practice and it states that the Creditor (Egg) should have contacted me informing me which DCA has bought the debt, written a Goodbye Letter and produce a Notice of Assignment. None of which they did.
I am refusing to pay Westcot as I have no legally binding agreement or contract with them.
I have recently sent Westcot a Cease and Desist letter complaining about continual harrassment as they are not taking my request seriously.
What should I do now? Should I send them one of our Prove It letters?
Egg have also been taken over by Citibank, should I write to them and get clarification as to who owns the debt now, what do you think?
Any advice would be very much appreciated.
Thanks
MsLocks
I am new to this site so hoping someone can advise me regarding DCA's and buying debts.
I had a loan with Egg back in 2006 but unfortunately got into trouble paying. I set up a DMP with the CCCS at the time and was paying them the amount requested. I then started paying my debts myself still at the agreed some but not via the CCCS.
All was going well until my payments to Egg were being returned to my bank account. This happened twice in September and October 2014.
I received nothing from Egg to say they were transferring the account or the account had been sold.
I received a letter from Arrow Global stating they had purchased the debt. I asked them to provide me with a Notice of Assignment which they didn't. I then received a letter from RMA Resolve saying they had purchased the debt, I did the same thing and asked them to provide me with a Notice of Assignment again they didn't. It then went to NCO and now to Westcot who tell me that Arrow Global have purchased the debt and that AG are Westcot's clients.
I asked Westcot to provide me with the Notice of Assignment and this has been going on for months and months now. They say I have no legal standing and said that my letters because I obtained them from the internet are not legally binding.
I have checked the Law of Property Act 1925, the Office of Fair Trading and the CSA's Code of Practice and it states that the Creditor (Egg) should have contacted me informing me which DCA has bought the debt, written a Goodbye Letter and produce a Notice of Assignment. None of which they did.
I am refusing to pay Westcot as I have no legally binding agreement or contract with them.
I have recently sent Westcot a Cease and Desist letter complaining about continual harrassment as they are not taking my request seriously.
What should I do now? Should I send them one of our Prove It letters?
Egg have also been taken over by Citibank, should I write to them and get clarification as to who owns the debt now, what do you think?
Any advice would be very much appreciated.
Thanks
MsLocks
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