Northampton County Court claim received

[Amethyst]

Re: Northampton County Court claim received

What was your monthly payment amount on your 2003 loan ?

(and on your credit card....do you pay the CCJ via installment?)

[Foxyflugel]

Re: Northampton County Court claim received

On the 2003 loan it was £225.81 and I can't remember on my cc - I am paying that monthly as per the CCJ instalments.

[Amethyst]

Re: Northampton County Court claim received

s'ok just trying to suss the £69.49 bitty xx I'll let others have a look over the thread for a bit see if they can see something I'm missing before you have to make a decision xx possibly along the restricted use credit lines with the refinancing of the loan.... how did the new loan come about in 2006.... had you paid off the 2003 one , or did it repay the 2003 loan ?

[Foxyflugel]

Re: Northampton County Court claim received

I 've just got a gut feeling about it and I don't know why! Do they ordinarily offer you a discount if all the paperwork is 100% - surely it wouldn't have cost them £2k in court costs (cutting their losses so to speak). No I hadn't paid the 2003 loan off - it was for 6 years. The 2006 was to clear that off and it says on the paperwork they've sent - pay off loan and external credit card.

Thanks so much for your help Amethyst.

[Foxyflugel]

Re: Northampton County Court claim received

Can anyone else spot anything? Any advice?

Many thanks guys.

Foxy :tinysmile_hmm_t2:

[Foxyflugel]

Re: Northampton County Court claim received

Anyone???

thanks

[Amethyst]

Re: Northampton County Court claim received

I'm hazarding a guess then that no one can see anything that could successfully defend the claim.

It is quite usual for DCA's to make reduced offers of settlement prior to taking court action (as they probably paid peanuts for the debt and don't want the hassle of court/costs etc and have their targets to meet)

We appear to have all the paperwork in order and there's no major dispute on the debt.

So, you can either contact them and indiciate that you'd like to settle by way of a consent order (tomlin order) with a monthly installment offer. If they accepted that it would mean you didn't get the CCJ but if you defaulted on the payments they could pick the CCJ process back up. It is worth a shot and they may ask for security if the installment payment offer is lower than they are happy with (eg by way of a voluntary charging order) - as the claim is for £8k odd it's quite likely they'd be allowed a charging order by the court if it went to a CCJ anyway.

SO next step in my mind is to get your income expenditure sheet done and contact them with your offer.

Sorry foxy, if there was something we'd use it, I can't see anything, and I'd have to assume no one else can either.