Kearns Solicitors

by lesheif Mon Sep 11, 2017 11:52 am

I sent a CPR 18 to Kearns solicitors and have sent me loads of docs that Were asked for in the CPR 18. They are asking me to send in a doc admitting the debt to the claimant IDR Finance UK II Ltd. Who is the claimant? Who are they?

The original debt was with Barclaycard then assigned to Link Financial then assigned to IDR Fianace. Whats going on here?

Doc sent to me attached

Attachments

: Scan (1)-ilovepdf-compressed.pdf Copy of doc sent to meYou don't have permission to download attachments.(126 Kb) Downloaded 8 times

by Tiggy Mon Sep 11, 2017 12:38 pm

Have they started proceedings, if so the claimant will be named on the Particulars of Claim.

IDR & Link are part of an asset management group called CapitalFudiciary, IDR work under a service agreement with Link.

by lesheif Mon Sep 11, 2017 12:43 pm

The claimant is IDR Finance UK ll Limited

by Tiggy Mon Sep 11, 2017 12:54 pm

Well the list of documents they've sent you appears fairly comprehensive.

What you'll need to do is examine the agreement to see if it contains all the prescribed terms.

by lesheif Mon Sep 11, 2017 1:10 pm

If they have me bang to writes then what? They sent me a form to admit the claim, put a monthly instalment forward and also consent a judgement made against me.

by Tiggy Mon Sep 11, 2017 2:02 pm

Can you post up a copy of the form you've received?

It really is up to you to assess what they've sent you.

There is a way of avoiding a CCJ (if you can't risk getting one) by agreeing to what's known as a Tomlin Order, but you will have to agree a repayment plan and stick to it..

If you're not bothered about getting a CCJ, then you could risk turning up a Court to see if they do, they may, they may not. If they do, by experience I suspect they will get their Order.

by lesheif Mon Sep 11, 2017 4:28 pm

I have just offered £1 a month and the solicitors agreed as long as I sign a Tomlin Order. Whats the catch?

by Tiggy Mon Sep 11, 2017 4:34 pm

lesheif wrote:I have just offered £1 a month and the solicitors agreed as long as I sign a Tomlin Order. Whats the catch?

The 'catch' if you like is that a Tomlin Order halts (stays) proceedings, if you fail to keep to the order they can request proceedings continue to a full hearing, otherwise it's binding on both parties, so whilst it's in place they can't go for a full CCJ.

by lesheif Mon Sep 11, 2017 4:39 pm

So that means for a debt of say £5000 it will take 416 years to pay off. Why would they accept that?

by Tiggy Mon Sep 11, 2017 4:48 pm

lesheif wrote:So that means for a debt of say £5000 it will take 416 years to pay off. Why would they accept that?

In their view something is better than nothing !! They get a few 100,000's paying a £1 a month !!

by lesheif Mon Sep 11, 2017 5:04 pm

They are still out of pocket. Say they pay 10% of 5000 = 500. 1 a month = 41 years that's still a long time to break even especially when you could be in your 40's or 50's and dead before its all paid. Then again I was never good at maths lol

by Sponsored content

Kearns Solicitors

Kearns Solicitors

Re: Kearns Solicitors

Re: Kearns Solicitors

Re: Kearns Solicitors

Re: Kearns Solicitors

Re: Kearns Solicitors

Re: Kearns Solicitors

Re: Kearns Solicitors

Re: Kearns Solicitors

Re: Kearns Solicitors

Re: Kearns Solicitors

Re: Kearns Solicitors