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Arrow Global/Sainsbury's Bank - Urgent Query

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  • Arrow Global/Sainsbury's Bank - Urgent Query

    Hi there,

    I have a question I hope somebody can help me with. We have been paying a historic debt originally with Sainsbury's Bank, a personal loan, jointly with my husband. The debt itself has since fallen off our credit records. We stopped paying it briefly and Sainsbury's Bank issued court proceedings.

    After advice from a debt counselling service we offered a nominal amount of £1 per month and this has been paid ever since. A couple of years ago the debt was assigned to Arrow Global who have not provided any statements thus far which I believe they are required to do.

    We have been paying our £1 per month to Restons Solicitors on behalf of Arrow Global. I enquired on this forum recently regarding the debt and I was advised to send a CCA Request - Restons have responded that they are not required to provide a CCA as our liability has already been determined when the Court awarded judgment back in 2009. They have sent back our £1 postal order sent with the CCA Request and Arrow Global have sought an urgent review of our circumstances and want an offer of payment plus a income and expenditure questionnaire returned by 15 December.

    They have also provided a statement for the period since Arrow Global took the debt over. Are they correct in their assertion that we are not entitled to a CCA from them?

    I thought that without a copy of the CCA being provided they were not entitled to collect the money from us. Please advise as I am totally confused and don't know where we stand. Thanks in advance for any assistance you can provide.
    Tags: None

  • #2
    Re: Arrow Global/Sainsbury's Bank - Urgent Query

    Originally posted by gibson71 View Post
    Hi there,

    I have a question I hope somebody can help me with. We have been paying a historic debt originally with Sainsbury's Bank, a personal loan, jointly with my husband. The debt itself has since fallen off our credit records. We stopped paying it briefly and Sainsbury's Bank issued court proceedings.

    After advice from a debt counselling service we offered a nominal amount of £1 per month and this has been paid ever since. A couple of years ago the debt was assigned to Arrow Global who have not provided any statements thus far which I believe they are required to do.

    We have been paying our £1 per month to Restons Solicitors on behalf of Arrow Global. I enquired on this forum recently regarding the debt and I was advised to send a CCA Request - Restons have responded that they are not required to provide a CCA as our liability has already been determined when the Court awarded judgment back in 2009. They have sent back our £1 postal order sent with the CCA Request and Arrow Global have sought an urgent review of our circumstances and want an offer of payment plus a income and expenditure questionnaire returned by 15 December.

    They have also provided a statement for the period since Arrow Global took the debt over. Are they correct in their assertion that we are not entitled to a CCA from them?

    I thought that without a copy of the CCA being provided they were not entitled to collect the money from us. Please advise as I am totally confused and don't know where we stand. Thanks in advance for any assistance you can provide.
    Good evening welcome to LB.

    AG are correct the judgement totally supersedes the original agreement which no longer has any relevance.
    The judgement remains live and the debt is still collectable.
    What is the outstanding balance now?

    nem

    Comment


    • #3
      Re: Arrow Global/Sainsbury's Bank - Urgent Query

      Originally posted by gibson71 View Post
      We have been paying our £1 per month to Restons Solicitors on behalf of Arrow Global. I enquired on this forum recently regarding the debt and I was advised to send a CCA Request - Restons have responded that they are not required to provide a CCA as our liability has already been determined when the Court awarded judgment back in 2009.
      did you have a different username? Can you put up a link to that thread?
      Debt is like any other trap, easy enough to get into, but hard enough to get out of.

      It doesn't matter where your journey begins, so long as you begin it...

      recte agens confido

      ~~~~~

      Any advice I provide is given without liability, if you are unsure please seek professional legal guidance.

      I can be emailed if you need my help loading pictures/documents to your thread. My email address is Kati@legalbeagles.info
      But please include a link to your thread so I know who you are.

      Specialist advice can be sought via our sister site JustBeagle

      Comment


      • #4
        Re: Arrow Global/Sainsbury's Bank - Urgent Query

        Hi Kati, sorry I didn't enquire on this forum, apologies, it was somewhere else.

        Comment


        • #5
          Re: Arrow Global/Sainsbury's Bank - Urgent Query

          Hi Nem,

          Right, so even though Restons have declined to send a copy of the CCA, they are legally able to collect the debt? I don't believe that there was an actual CCJ entered against us, Sainsbury's issued proceedings and they prepared a court order agreeing that we paid £1 per month. It wasn't a judgment of the court. The outstanding balance is just under £18,000 and we have no real prospect of repaying it which is why we were advised to pay a nominal amount.

          Comment


          • #6
            Re: Arrow Global/Sainsbury's Bank - Urgent Query

            Originally posted by gibson71 View Post
            Hi Kati, sorry I didn't enquire on this forum, apologies, it was somewhere else.
            The advice was to send a CCA request After a judgement emmm!

            nem

            Comment

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