CHASED FOR 14-YEAR-OLD 'DEBT' AGAIN!

[TerryTrafalgar]

Well, it doesn't at all seem like 10 years since my GP told them I'd never work again and they snt me a 'receipt' stating that I owed them nothing. Last week though, lo and behold, a fresh demand! The first instalment of the total 'loan' was taken out in 1992, before the govt cut the APR to 2%. What to do, what to do??

[tayga]

Did you keep the 'receipt'?

[beanburger]

how about a conditional acceptance on proof of claim that the account has not already been settled?

[wishy]

is it the original company? or is it DCA taking the piss?
if you have the receipt good,if not it dont matter to much
if its a piss taking DCA notify them you have a receipt stating the debts cleared,it is also statute barred and you would like to see their deed of assignment or certified copy and tell them you have received no notice of assignment, and that you are fully prepared to take them to civil court for fraudulent and frivolous claims of which they have no first hand knowledge.
tell them if they cannot respond will the information you asked for and valid proof of claim within 14 days,they agree that they owe you £200 compensation and administration fee.
you might make some money out of this

[TerryTrafalgar]

It's the original company trying it on! I got a longterm sicknote and can of course get one again, but I was gobsmacked at the effrontery of them. They are getting desperate

[wishy]

Just politely tell them what they said 10 years ago and that any aledged debt is now statute barred.See what they come back with

[smilingalltheway]

deed of assignment is a good thing to ask for, i've included it in letters i send and use it all the time now.

Deed of assignment shows terms between the financial bandit and any other interloper.

and they usually don't want anyone to see that.
cos it might show how much the DCA pay or whether or not it was simply data the DCA purchased.

[smilingalltheway]

not sure whos chasing you in particular



but a strategy i use is get the DCA fully liable, and then whoever else comes along accepts their liability also and whoever you have a tacit with they remain liable until they pay off their debt they owe you.



theres alot you can play with

[sweetpete]

Try to find the receipt from years ago. If it is the same company, or a different company send them a cease and desist letter with a color copy of your receipt. That should shut them up. Also, make sure you ask for a certified letter stating that you don't own anything. All financial institutions are learning that we know how to play their games, and they are getting desperate. Fear no one!

[asogbein]

I am on repayment assistance for know but I know what I will have to start paying the loan back. What is the best way to pay this loan in full with out any garnishments from my account. Are there any suggestions.