Is it too late for 3 letters after token payment agreement with creditors due to financial difficulties.

by GRUNDWIGSANDERSHWEITZER Wed May 05, 2021 2:04 pm

Hello All.
I wonder if anyone could tell me if by agreeing to token payments with my creditors in 2020 (due to financial difficulty during pandemic) I made a mistake and admitted the debt at the same time losing the right to the three letter process?
As per now I have three credit card debts with notice of default already received (one of them already with Moorcroft), and two personal loans. All of them I keep paying token payments monthly.
Soon enough the DCAs will start coming out from the woodwork so I'm trying to figure out the best strategy in dealing with them.
Your guidance would be much appreciated.

by **daveiron** Wed May 05, 2021 2:29 pm

Hi and welcome,

How did you admit the debts,was it just by agreeing the token payments ?

Yes you can use the 3 letters followed by the Notice of Conditional Acceptance.
It is very important if you decide to challenge them that you are prepared
to put in some work yourself by doing your research.

Start by reading this;https://goodf.forumotion.com/t4129-please-read-this-first

We will be happy to help all we can, so once you grasp the methods used ,we
can point you to a lot of very good info.
So if you decide to go ahead you need to stop the payments,whether you decide
to do one at a time or not is your choice ,but each one will drag out for months.

by Mrblue2015 Wed May 05, 2021 5:45 pm

Yep agreed with the advice (IN FULL) provided by DaveIron.

It’s never too late.

by GRUNDWIGSANDERSHWEITZER Sun May 09, 2021 9:46 pm

Thank you for your replies. I will commence with the three letter process from now on.

by Mrblue2015 Mon May 10, 2021 5:31 pm

You're welcome. If, when they next reply to you, they say something along the lines of:

"you acknowledged the debt/account in the past / you've been paying towards it."

Simply add the following line at the top of the template letter you use:

"I have since come to learn that, in hindsight, I had been paying towards an alleged debt i.e. a debt which, to date, is yet to be evidenced in full as per the requirements below."

(And, obviously, stop paying towards it!) Smile

by GRUNDWIGSANDERSHWEITZER Wed May 12, 2021 11:17 am

I've stopped making any payments as of now.
So far I've sent 1st letter to two DCAs and made notes in the calendar to follow with the other two.
Few questions crossed my mind so I'll ask them here:
1. Is it the "Notice of conditional acceptance" that should follow the three letters or "Estoppel" ? Is that the case with Original Creditors, Debt Collection Agencies and Debt Purchasers alike?
2. The letters to Debt Purchasers in few places state that I requested information from Original Creditors and that none of the information has been provided - what should I do if in fact I've never asked the OCs for this information?
3. Should I immediately start the three letter process to OCs that haven't yet relegated my case to DCAs?
4. Which procedure should I use against Debt Purchasers that are sending me demands regarding alleged debt that went into default in 2011?

by Mrblue2015 Wed May 12, 2021 12:22 pm

First and going forward (VERY important). If you are dealing with TWO DCAs, please create two posts/threads. Otherwise this will become confusing and subsequently nigh on impossible for us to help you.

To answer your questions 1 to 4. Do not go any further until you have read (and fully understood) the following:

https://goodf.forumotion.com/t4129-please-read-this-first

by GRUNDWIGSANDERSHWEITZER Wed May 12, 2021 1:05 pm

Thank you Mrblue2015.
Will do my homework asap.

by Mrblue2015 Wed May 12, 2021 1:32 pm

And not directed to you but to all readers. We are hear to support/help. Not spoon feed Smile

by GRUNDWIGSANDERSHWEITZER Thu May 27, 2021 11:24 am

Just a quick one.
If I'm being chased for 2 alleged loans and 1 CC debt with the same company can I just bulk the correspondence together and send the 1st letters (three with different Ref No) in one envelope (signed for) or should I send them separately?
(Same with DCA)

by GRUNDWIGSANDERSHWEITZER Thu May 27, 2021 2:57 pm

I'm not quite sure how to navigate those questions so I'm putting them in this thread as I'm under the impression that if those were to be put into separate topics that would just clutter the site.... correct me if I'm wrong.
Another small question relates to the method of saving the copies of the sent letters on file:
Is it enough to photograph a letter to be sent next to the envelope and save it as a picture on my hard drive or should I actually go to the extent of making a physical copy on my printer and file that?
Thank you all who bother to reply to my "newb" questions Smile

by Mrblue2015 Thu May 27, 2021 3:05 pm

GRUNDWIGSANDERSHWEITZER wrote:Just a quick one.
If I'm being chased for 2 alleged loans and 1 CC debt with the same company can I just bulk the correspondence together and send the 1st letters (three with different Ref No) in one envelope (signed for) or should I send them separately?
(Same with DCA)

Yes that's totally fine, save on postage.

The key - as you have done - is to make sure you tackle each alleged account/debt with their OWN, dedicated and respective letters. Because as you go through the process, you'll need to collate the respective evidentiary documents (that they are supposed to send you...) against the respective alleged account/debt. So you'll need to be super organised...

by Mrblue2015 Thu May 27, 2021 3:07 pm

GRUNDWIGSANDERSHWEITZER wrote:I'm not quite sure how to navigate those questions so I'm putting them in this thread as I'm under the impression that if those were to be put into separate topics that would just clutter the site.... correct me if I'm wrong.

When it comes to the correspondence you receive in relation to each, respective alleged account / debt, THEN you must create a separate thread. Otherwise - for us - it will become terribly confusing trying to work out which piece of evidence they supply relates to which alleged account / debt. See? Wink

by Mrblue2015 Thu May 27, 2021 3:09 pm

GRUNDWIGSANDERSHWEITZER wrote:
Another small question relates to the method of saving the copies of the sent letters on file:
Is it enough to photograph a letter to be sent next to the envelope and save it as a picture on my hard drive or should I actually go to the extent of making a physical copy on my printer and file that?
Thank you all who bother to reply to my "newb" questions

I simply photocopy the letters I send and either staple the 'proof of postage' you get from the post office or download the PDF that you can obtain from the Royal Mail tracking site and keep that with the copy of the letter you created.

by Mrblue2015 Thu May 27, 2021 3:52 pm

May I also say that it is very refreshing to see someone take the GOODF process seriously and ask good questions. Thank you. It provides also provides a lesson to other viewers.

by **daveiron** Thu May 27, 2021 3:56 pm

As Mr Blues post above, thats the way i do it also.

The Royal Mail service i use depends upon how important i consider the
letter or notice to be ,For the 3 letters i use recorded delivery ,for the NoCA
i use special delivery next day guaranteed. anything else ,proof of posting is ok.

by flyingfish Thu May 27, 2021 4:05 pm

Personally I don't see the need for Special Delivery unless you need the compensation, or what you're sending is irreplaceable like original documents, or have a really tight deadline maybe. I don't think I've ever had a Signed For letter failing to get through, otherwise I might take a different view. In reality normal letter post is pretty reliable, but we want the signature so they can't deny receiving it.

by Mrblue2015 Thu May 27, 2021 4:26 pm

Flyingfish. I see your point but I agree with DaveIron (on the special delivery point). We know how unreliable Royal Mail is, so for me - and by the looks of it DaveIron - paying extra is / can be worth the peace of mind that tracking provides. I have posted quite a few Royal Mail signed for letters recently and half of them don't even show as being delivered let alone signed for on the royal mail site! So you have no idea. And sometimes you really need to / want to KNOW they have received your letter.

I would also highly recommend special delivery or tracked 24 / tracked 48 when you respond to letters of claim etc.

by **daveiron** Thu May 27, 2021 4:42 pm

Thats been exactly my experience as well. Hence why i do it that way.

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Is it too late for 3 letters after token payment agreement with creditors due to financial difficulties.

Is it too late for 3 letters after token payment agreement with creditors due to financial difficulties.

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Re: Is it too late for 3 letters after token payment agreement with creditors due to financial difficulties.

Re: Is it too late for 3 letters after token payment agreement with creditors due to financial difficulties.

Re: Is it too late for 3 letters after token payment agreement with creditors due to financial difficulties.

Re: Is it too late for 3 letters after token payment agreement with creditors due to financial difficulties.

Re: Is it too late for 3 letters after token payment agreement with creditors due to financial difficulties.

Re: Is it too late for 3 letters after token payment agreement with creditors due to financial difficulties.

Re: Is it too late for 3 letters after token payment agreement with creditors due to financial difficulties.

Re: Is it too late for 3 letters after token payment agreement with creditors due to financial difficulties.

Re: Is it too late for 3 letters after token payment agreement with creditors due to financial difficulties.

Re: Is it too late for 3 letters after token payment agreement with creditors due to financial difficulties.

Re: Is it too late for 3 letters after token payment agreement with creditors due to financial difficulties.

Re: Is it too late for 3 letters after token payment agreement with creditors due to financial difficulties.

Re: Is it too late for 3 letters after token payment agreement with creditors due to financial difficulties.

Re: Is it too late for 3 letters after token payment agreement with creditors due to financial difficulties.