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I stopped making payments on 26/10/10 after a letterfrom my solicitors to Barclaycard on 19/10/10 setting out the agreement was improperly executed and that I would stop making payments. I received their latest statement in May 2011.I wrote to Barclaycard on 7/6/11 1dvising them of changes at my solicitors. I wrote to Raven Recoveries(yet another debt collection agency) about who they had to get in touch with on 25/11/11. The case was assigned from Barclaycard to MKDP on 21/3/11. On 2/11/12, 22/3/13 and 2/4/13 MKDP admitted they could not resolve the issues but they were in touch with Barclaycard...On 13/5/13 MKDP sent statements. On 16/3/15 I received a letter from MKDPasking for payment which I answered on27/3/15 referring to their letter of 2/4/13. On 7/4/15 MKDP replied that credit agreements they send do not need to be exact copies of the actual agreement and don't even need signatures...
Most of these letters refer to the fact that the agreement was improperly executed(no claimant signature) and as such that the Courts cannot grant an Enforcement Order. Moreover interest rates for cash advances and balance transfers are incorrectly stated because the simple rates do not correlate with the APR and the annual simple rates stated do not correlate with the compound interest rates which is a breach of Regulation 6 Schedule 6 of the Consumer Credit(Agreement) Regulations 1983.
I do not believe they are out of time though.
I have no exact date but it was before 6/4/2007 and this credit card agreement was regulated by the Consumer Credit Act 1074. My records do not go any further than 01/01/2008
At this moment it is MKDP but it has been MKRR, Raven Recoveries,MK Rapid Recoveries, MKDP, Raven Recoveries, Keynes Collections. MK Rapid Recoveries... None of them seem to know what the other has done although I believe they are all the same company
You gave me confirmation of what I had thought all along but it is nice to hear it from someone who actually practices law on a daily basis. The only thing that is unclear to me as you wrote it is the info about "statue barred"
Thanks for putting my mind at rest. I will now go through the whole file to make sure that since I stopped paying I did not admit to the debt anywhere.
Thanks a lot.