CYD UK Ltd / CYD Insurance Services Ltd

[Angry Cat]

Re: CYD UK Ltd / CYD Insurance Services Ltd

Just came across this:
http://www.mynewsdesk.com/uk/view/pr...-credit-428624

A bit out of date but interesting!

[TUTTSI]

Re: CYD UK Ltd / CYD Insurance Services Ltd

Thanks AC x

General News UK

European Financial Claims: Claims Management Company European Financial Claims Limited Begin Re-Audit of CYD UK Limited’s Unenforceable Credit Agreement Claims

Jun 22, 2010 13:14 CEST

A leading claims management company based in London has stepped in to help thousands of unenforceable credit agreement claims after the existing claims company fell into difficulty. European Financial Claims (EFC) are experts in the claims management field which enables people with debts such as credit cards and loan agreements to challenge to terms of these contracts under the 1974 Consumer Credit Act. EFC are working on the task of re-auditing the claims originally undertaking by CYD UK Limited.
CYD UK Ltd began to struggle due a change in legal precedent set during the Carey case earlier this year and the closure of Cartel Client Review. These events impacted the ability of CYD to receive litigation funding and ATE insurance. On this basis CYD has passed their client cases on to EFC in order to help these clients proceed with attempts to write-off credit cards and other debts worth millions of pounds.
The claims management industry has been booming over the past few years, but the collapse of industry giant Cartel Client Review has led to a realignment of the industry and a greater scrutiny of practice. Companies like European Financial Claims feel they are in a better position to help clients due to their processing expertise and the way that they assess claims of this type.
CYD UK Limited clients should have by now received a copy of the first letter sent to them on the 5th May 2010 instructing them of the change in circumstances. EFC have met with the Ministry of Justice to discuss the handover of the future day to day ongoing management of the former CYD UK client. A further letter is to be sent out shortly expressing much greater detail as to needs to be done and what can be expected from EFC, this letter shall include free template letters to assist CYD clients that are being unscruplessley harrassed by lenders and or credit card companies.
Jeremy Bartholomew-White for EFC said: “We urge CYD customers to remain patient as we are undergoing the process of organising the physical and digital files only recently received from CYD. Only once this is done we can begin the enormous task of re-auditing the agreements. We ask all CYD clients to wait until they receive further instructions from European Financial Claims Limited on how to proceed. We will be in touch with everyone as soon as we can and are working hard to inform everybody of what is happening.”

[Amethyst]

Re: CYD UK Ltd / CYD Insurance Services Ltd

EUROPEAN FINANCIAL CLAIMS LIMITED
18-19 JOCKEYS FIELDS
LONDON
WC1R 4BW
Company No. 07021835


Status: Active
Date of Incorporation: 17/09/2009

Country of Origin: United Kingdom



AP01 14/06/2010 DIRECTOR APPOINTED SASILEKA KEEPING


TM01 26/05/2010 APPOINTMENT TERMINATED, DIRECTOR ROBERT SCOTT


CERTNM 17/05/2010 COMPANY NAME CHANGED K2L 713 LIMITED


Ie. don't hold your breath European financial claims didnt exist until May 2010.

[Sapphire]

Re: CYD UK Ltd / CYD Insurance Services Ltd

They have one director who is Sri Lankan and has a good address, the company secretary is listed as KEY2 Secretarial Ltd.

[Amethyst]

Re: CYD UK Ltd / CYD Insurance Services Ltd

A good address ? looks like some crappy offices in southall to me, nice penthouse flat in the docklands would be good.

[Prism]

Re: CYD UK Ltd / CYD Insurance Services Ltd

Thanks for the detective work guys!!

I receieved a standard letter from this company about three months back but have heard nothing since and neither has my mother.

[Angry Cat]

Re: CYD UK Ltd / CYD Insurance Services Ltd

There were an awful lot of K2L companies that were dissolved.
But a few remains Live and at Jockey Fields;
No accounts filed

Key2 Secretarial is a Dormant company:
Name & Registered Office:
KEY2 SECRETARIAL LIMITED
18-19 JOCKEYS FIELDS
LONDON
WC1R 4BW
Company No. 04552397


Status: Active
Date of Incorporation: 03/10/2002

Country of Origin: United Kingdom
Company Type: Private Limited Company
Nature of Business (SIC(03)):
7487 - Other business activities
Accounting Reference Date: 31/08
Last Accounts Made Up To: 31/08/2009 (DORMANT)
Next Accounts Due: 31/05/2011
Last Return Made Up To: 03/10/2009
Next Return Due: 31/10/2010
Last Members List: 03/10/2009
Previous Names:Date of changePrevious Name12/11/2002SWL (436) LIMITED
------------------------------- merged -------------------------------
Coincidence???

http://www.key2law.co.uk/ourservices/ourservices.htm

[Prism]

Re: CYD UK Ltd / CYD Insurance Services Ltd

Because of my CMC going bust, I had another judgement set aside hearing last month from Tesco. I lost as my only defence was the DN being out of date, which the judge was not interested in and I had not disclosed this earlier.

Please note as this is important and starting to make sense:- On this occasion, my CMC did acknowledge the intitial claim from the courts in February 2010. They sent a defence on my behalf but never sent me a copy. The CMC claimed they used a law firm called Key2Law solicitors on my behalf. The CMC then went bust and they did not respond to the claiman'ts reply so I had a default judgement awarded against me.

I managed to get the judgement set aside and had a hearing last month, which I lost. During it, I was read out a copy of my initial defence written by my CMC/Key2Law solicitors. I had never seen it upto this point. The part that I picked out from the defence was that the CCA from Tesco was not enforceable as it did not state an interest rate as per the prescribed terms. Well actually, it was there in black and white, staring you in the face!! How incompetent could they have got and thanks to them, I lost.

Its funny how Key2Law were apparently involved back then??!!

I do not have a copy of my defence but I have a copy of the claimant's reply to it, where Tesco states that the CMC are not solicitors so the defence is unlawful. I therefore cannot tell you whether Key2Law wrote it or not. The reply goes onto state that the agreement is enforceable etc...

The plot thickens....

[Amethyst]

Re: CYD UK Ltd / CYD Insurance Services Ltd

Key2 Law LLP - Solicitors and Privy Council Agents in London and Surrey

[Amethyst]

Re: CYD UK Ltd / CYD Insurance Services Ltd

pmsl recognise the ex director of European Claims thingy ?

PRincipals at Key2Law from Law Society


KIRK, KAREN DIANA - Member
SCOTT, ROBERT STUART FRANKLIN - Member



Directors of European Financial Claims (from companies house)

TM01 26/05/2010 APPOINTMENT TERMINATED, DIRECTOR ROBERT SCOTT


oh and look -

Key2Claims a trading name of Key2Law LLP

This Website is under reconstruction - please go to www.key2law.co.uk for further information or call 0845 034 3934 begin_of_the_skype_highlighting 0845 034 3934

[Angry Cat]

Re: CYD UK Ltd / CYD Insurance Services Ltd

Ah, not a coincidence after all!

http://www.mynewsdesk.com/uk/pressro...t=pressrelease
------------------------------- merged -------------------------------
http://www.key2claims.info/

[Amethyst]

Re: CYD UK Ltd / CYD Insurance Services Ltd

I think you need to get in touch with the SRA about the issues with the defence.

Solicitors Regulation Authority - Reporting an individual or firm

[Angry Cat]

Re: CYD UK Ltd / CYD Insurance Services Ltd

Name & Registered Office:
KEY2 CLAIMS LLP
18-19 JOCKEY'S FIELDS
LONDON
WC1R 4BW
Company No. OC344057


Status: Active
Date of Incorporation: 16/03/2009

Country of Origin: United Kingdom
Company Type: Limited Liability Partnership
Nature of Business (SIC(03)):
None Supplied
Accounting Reference Date: 31/03
Last Accounts Made Up To: (NO ACCOUNTS FILED)
Next Accounts Due: 16/12/2010
Last Return Made Up To: 16/03/2010
Next Return Due: 13/04/2011
------------------------------- merged -------------------------------
CCA Search :: CCA Search Results :: Licence Details


Application / Licence Details




Licence Number:0618787
Licence Status:Current

Current Applicant / Licensee:

Business NameCompany Registration NumberCYD Insurance Services Ltd6667912

Categories:

Consumer credit Consumer hire Credit brokerage

Right To Canvass Off Trade Premises:Yes


Trading Name(s) (Current):

Clear Your Debt UK Revive Insurance Services

Issued Date: 22-Oct-2008
Date Maintenance Payment Due: 21-Oct-2013


Legal Formation:

Body Corporate (incorporated inside UK)

Current Individuals that run the organisation:

NamePositionOmar Khalid

Nature of Business:

Payment Protection

Current Address(es):

Address TypeAddressCorrespondenceCYD House, 388, High Road, ILFORD, Essex, IG1 1TL, United KingdomPrincipal Place Of BusinessCYD House, 388, High Road, ILFORD, Essex, IG1 1TL, United KingdomRegistered OfficeCYD House, 388, High Road, ILFORD, Essex, IG1 1TL, United Kingdom

Historic Address(es):

Address TypeAddressCorrespondence205, North Street, ROMFORD, Essex, RM1 4QA, United KingdomPrincipal Place Of Business205, North Street, ROMFORD, Essex, RM1 4QA, United Kingdom

[mj4j2000]

Re: CYD UK Ltd / CYD Insurance Services Ltd

Hi Guys, Any more news from CYD I am in same boat. I spoke with FSA. Because Revive Insurance | Home is registered by FSA. They said " If you done transaction through them. Serve a notice to their registered address. If they don't replay within 8 Weeks contact FSA. " . Guys need help any one know how to serve a notice ( any template letter). Thanks

[leon100576]

Re: CYD UK Ltd / CYD Insurance Services Ltd

hi guys i have had a letter off key2law they say my debt is unenforcable but want £300 up front to start the process is it a scam ?