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Barclays & Morgan Stanley 2009

Last post Tue, Nov 10 2009, 10:42 PM by wesleavenue. 19 replies.
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  •  Tue, Nov 10 2009, 10:42 PM

    Barclays & Morgan Stanley 2009

    HI

    i did send letters as adviced above, i stop paying min payment i am getting enoromous calls from barclay, what to do next can some one explain me wht to do next ??

    thank you

    ashok

    • Post Points: 5
  •  Sat, Oct 31 2009, 9:11 PM

    Re: Barclays & Morgan Stanley 2009

    Wesley

    Agree with CMK. If you want to stop being hassled by debt collectors, you should get advice as previously stated. What you will find is that if you use one of these companies to help you, Barclays & Morgan Stanley will take some notice. It is possible that if you entered into an affordable payment plan, they would freeze the interest. Meaning that you could pay the debt off quicker.

    You can continue to write to these companies disputing the enforceability of the debts, but as you have seen these companies don't want to play ball. You could be in for many years of hassle and stress, with your credit record/rating being completely sh*gged. If you are planning on buying a car or house with any finance, you might find this very difficult. Then you may start to regret, not entering into a debt repayment arrangment.

    Huckster

    • Post Points: 20
  •  Sat, Oct 31 2009, 7:29 PM

    Re: Barclays & Morgan Stanley 2009

    No - As stated.... seek the free help of the above, or wait for another mug to come along who is willing to waste their time.
    • Post Points: 5
  •  Sat, Oct 31 2009, 7:26 PM

    Barclays & Morgan Stanley 2009

    NO idid't decided for that option the only thing i dont understand is i sent the letter so far i adviced from you

    there is no next option ( imean ) could you suggest me what happens with this barclays (calling me all the time) how can i shut them up without doing any further step ...

    thank you

    wesleyav

    • Post Points: 35
  •  Sat, Oct 31 2009, 7:08 PM

    Re: Barclays & Morgan Stanley 2009

    Hi

    Suggest you contact one of the following and they can advise the best way forward.

    http://www.insolvencyhelpline.co.uk/

    http://www.payplan.com/

    http://www.cccs.co.uk/

    http://www.nationaldebtline.co.uk/

    http://www.citizensadvice.org.uk/

    Huckster


    wesleavenue - I suggest under the circumstances that you follow Hucksters good advice above.... seek help from any of the listed agencies.

    You surely cannot seriously expect me to waste anymore of my valuable time trying to assist you, when you have come out with your statement.... made on 29th Oct, above.!!!

    • Post Points: 80
  •  Sat, Oct 31 2009, 6:38 PM

    Barclays & Morgan Stanley 2009

    HI Con mankiller

    barclay keep sending letter saying theydont need to produce the signed agrement and i have to pay their debt

    i stopped patying DD as i said i keep gettting phone calls to home and IVR to mobile keep ignoring thought

    what shall i do next to finsh off with this lender

    • Post Points: 20
  •  Fri, Oct 30 2009, 10:50 AM

    Re: Barclays & Morgan Stanley 2009

    hi just to add to the wealth of help on this site: there is Community Legal Advice, i believe it is means tested but coud give you access to free legal help.

    i got one exactly the same and from the same guy, they must be using a template letter! i have been fortunate to get help through Community Legal Advice. it takes some of the pressure off, they can deal with them now, unless of course they come back with a suggestion that i negotiate a payment plan, i don't think so...will go to court first let Barclay card produce a Credit card agreement there.

    • Post Points: 5
  •  Thu, Oct 29 2009, 11:03 PM

    Re: Barclays & Morgan Stanley 2009

    huckster:

    Hi

    Suggest you contact one of the following and they can advise the best way forward.

    Huckster

    My sentiments entirely, if you've had a change of heart. !

    • Post Points: 50
  •  Thu, Oct 29 2009, 10:45 PM

    Re: Barclays & Morgan Stanley 2009

    • Post Points: 35
  •  Thu, Oct 29 2009, 10:32 PM

    Barclays & Morgan Stanley 2009

    hI

    i stop paying barclays recently and i am getting calls on mobile iam keep ignoring the call s

    what will happen next and in total i have 25000 pounds debt i am looking for alternatives

    what shall i do rather than fighting for unenforceable debts suggest me pls

    • Post Points: 20
  •  Sat, Sep 26 2009, 4:43 PM

    Barclays & Morgan Stanley 2009

    i will send the letter before you mentioned on this forum ....thank s
    • Post Points: 5
  •  Sat, Sep 26 2009, 3:53 PM

    Re: Barclays & Morgan Stanley 2009

    Hhhmmmm - As I thought they have gone to the extreme length of typing all that C*** when a simple photocopy of your signed agreement would have sufficed. This action only reinforces or serves to further demonstrate they either cannot find the original or it does not exist, otherwise it would have been much simpler & straight forward for them to copy and send it...Why hide the evidence if it exists.????

    I compare their actions in a similar fashion to a Police officer stopping you in the street, asking to have a look in your pockets........> Rather than having to be arrested enduring the whole humiliating process and taken to the Police station for a strip search.........If you had nothing to hide it would be simpler, faster, cheaper, easier and more convenient for all concerned... just to empty your pockets out in font of the officer...would it not.?

    Guess I don't believe they have a compliant CCA.....Send the above letter and cease all further payments.

    Make them either produce it to you beforehand, or in front of a court if they want to play a game of, "brinkmanship". Until either event happens then pay them absolutely nothing.......Zilch.......Diddly-Squat. !

    Your sincere

    Ahmadd basher

    Barclay card cs

    I Just noticed this guys name at the bottom of your letter.....LOL : -- )

    • Post Points: 20
  •  Sat, Sep 26 2009, 10:37 AM

    Barclays & Morgan Stanley 2009

    hi conman killer i dont have scanner at the min iam tyoing the letter as it is and pating here pls read it and suggest me , pls ignore any typing errors i will ad third page asap

    Refernce section78 of the cca1974

    I write further to the letter whereby you note dissatisfaction to the document in relation to request made under section 77/78 of cca 1974.

    Firstly, credit cards are regulated under section 78. section 78(1) of the act states that the creditor shall give debtor a copy of executed agreement and statement of account which is practicable to refer regarding statement of which is practicable to refer , the letters which we send in response to a section 78(1) includes this information to coer issue of executed agreement.

    How does act define an executed agreement ?

    Executed agreement is defined In section of 189 of the act a document signed or on behalf of the parties embodying the terms of regulated agreement .

    What do the rules say about provide a copy.

    The cca (Cancelations notices and copies of docs) reg 1983 made under acat deal with how we are to provide a copy of agreement these regulations provide htat any copy of the agreement supllied to a devtor shoud be a true copy . regulation 3(2) provides that a copy may omit certain info which allows youto provided with a true copy not acomplete copy.

    What happens if the original agreement has been varied since it was originally signed ?

    The regulations also set out what should happen where the agreement has been vried since it was signed reg 7 provide screditors with a choice of including in the copy og the executed agremnt either a copy of lates notice of variation legible statement of the terms varied.reg 7 doesnot state that the copy of agreement shall include a statement of orginal terms as well as statement of varied terms.

    Reg 7 allows us to provide you with a true copy which stes out the terms and conditions current at the time of provison of the copy.

    last page to contine above

    Conclusions in relation the document we have to provide.

    A copy of an agreement will satisfy the requirements even if the signature box and /or the signatures are not included as clarified by regulations 3(2) of the consumer credit (cancellation notices and copies of docs) reg 1983

    The definition of executed agreement refers to a document embodying terms of the regulated agreement when this is read with regulation 7 –for agreements that have been varied a copy of the original agreement would not embody its terms. A copy of the agreement as varied would embody its terms.

    The issue of what is and executed agreement has been interpreted in the high court. It was held that an executed agreement begins as the credit agreement which is sent to the card holder when they receive their credit card therefore establishing what the original executed agreement is when the agreement has been varied reg 7 mentioned above applies .

    To summerise, if the agreemnte has botbeen varied, we must send the original exected agreement ,this would be the credit agreement which is currently regulate if the credit agreement has been varied we must sent the current cca as this will contain the terms of the regulated agreement .we have sent youthis and the original executed agreement for ref,

    To address any issue about out lack og compliance with section 60 of th cca1974 .section 60 relates to the form and concern agreements. All Barclay card credit agreements are in compliance with this/ you may state that the application form which we provided you , for ref.when you made a request under sec 60thsi is not a completed copy of your application form but rather an excerpt to shoe you signed a contract with us .when you completed your application form the docu would have been presented to you in full, in a legible form. Would have adhere to the requirements under sec 60 of cca 1974

    I hoep this leter has helped you with you r concerns about the docs you have been supplied with under sec 78 of cca 1974 as our response fulfils the obligation under sec 78 of cca you should carry on paying the debt you accrued on your account . we don’t clas the account as in dispute you have been supplied with the relevant docs under sec 78 of cca 1974 and we will carry on collection services if you send us further correspondence questioning compliance with these area s response we have already given you.we would require you to provide comprehensive legal docs and documentary evidence to support your claim to ascertain whether response is necessary

    Your sincere

    Ahmadd basher

    Barclay card cs

    • Post Points: 20
  •  Fri, Sep 25 2009, 11:33 PM

    Re: Barclays & Morgan Stanley 2009

    Hi - Yes scan and post if possible; although if they have only sent a copy of T&C's.. then on their own they are irrelevant, unless they are also accompanied by a CCA to which they relate.

    I suspect they are trying to say they have no obligation to send you a signed true copy under s78 of the act, to some degree that is correct. However, they are obliged to send you a copy of the original unsigned agreement.....they would in addition be required to produce the authentic alleged agreement bearing your original signature to a court... if they hope to seek or obtain any kind of legal enforcement.

    As mentioned earlier, now seems as good a time as any to stop your payments. !

    Send a follow on edited dated letter as below, by recorded delivery.

    ......................................... .......................................

    Name, address & date.

    Dear Sirs,

    Account No: xxxxxx

    I refer to my letter dated ?? ?? ?? in which I made a formal request under the Consumer credit act 1974 sec 77-79 for true copies of the regulated agreement refered to in the above account number. You are reminded that you are obliged to supply these under sec.189 whether you are the original creditor or not. I remind you that the enclosed statutory fee of £1.00 has already been paid for this request.

    To date you have failed to comply with my statutory request and have defaulted in respect of this account. Additionally this alleged agreement is unenforceable until such time as the default is removed or enforced by a court of law. It is a further offence to attempt to enforce this alleged agreement until such time as the default is removed.

    Consequently I am ceasing all payments to your company until such time as this matter is resolved. It is also my intention to report this matter to the appropriate enforcement authorities.

    I await your prompt response within 14 days that the matter is now considered closed, unless production of the alleged agreement bearing my signature is forthcoming.
    .
    Yours faithfully

    • Post Points: 20
  •  Fri, Sep 25 2009, 10:01 PM

    Barclays & Morgan Stanley 2009

    HI conmankiller

    i recieved a letter from barclay saying they cannot provide any documents(except those terms and conditions) and they mentioned something about credicard act 78 and rules about providing a copy of agreement

    can i scan and attach the docs which i recieved from barclay

    thank you

    ashok

    • Post Points: 20
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