Asset collection

[bri1972]

Today I received a letter from asset collection saying I owe £2200 from an old my jar debt. What should be my first port if call? I have not had heard anything from my jar since 2018 when I failed to pay the loan due to job loss.
thanks for your help in advance

[echat11]

It's not statute barred, you could wait until they send you a Letter Before Action (they are considering filing a Court Claim).
If you want to be pro-active, send them a CCA request, see what they send back.

[bri1972]

Are they the type of DCA that take court action as a lot of them say things but don't necessarily take action.

[echat11]

Are they the type of DCA that take court action as a lot of them say things but don't necessarily take action.

MIKE770

[MIKE770]

CCA Request send with £1 postal order get proof (Free) posting and keep copy on file. as far as to taking court action no one word covers as every case different. only time will tell!
when did you get loan year? last payment, where do you live? default date on credit file?

[echat11]

CCA Request send with £1 postal order get proof (Free) posting and keep copy on file. as far as to taking court action no one word covers as every case different. only time will tell!
when did you get loan year? last payment, where do you live? default date on credit file?

Mike, OP wanting info about Asset Collection, do they carry out their threats to litigate? I dealt with them a long time ago, from memory they don't do much.

[MIKE770]

Have people state in the past ,not taken court a many times they tend to be 3rd party, BUT I understand that in rare cases they start proceedings? other than that nothing else known by me.

last time I heard about this company was Peach loan if I remember correctly? but the OP never got back to give any updates? so not one of the main players I would think?

pt2537 may have better insight on this company?

[echat11]

Have people state in the past ,not taken court a many times they tend to be 3rd party, BUT I understand that in rare cases they start proceedings? other than that nothing else known by me.

last time I heard about this company was Peach loan if I remember correctly? but the OP never got back to give any updates? so not one of the main players I would think?

pt2537 may have better insight on this company?

Thanks Mike.

[bri1972]

Thanks everyone I will sit tight for the moment and see if anything else happens and report back here if they do.