Hi there, I've posted this on another Financial/Legal site, however I just wanted to see if anyone had any differing opinions (Sorry about the essay)
I'm requiring some assistance which seems to be somewhat of an emergency at the moment.
While I was at university I had a student account with Lloyds TSB. Everything was fine and there was regular money going into the account, however towards the end of university I had accrued quite a significant amount of debt (as most students do) and as my student account became a graduate account I had gone over my overdraft limit by a few pounds and I had started incurring overdraft charges that were equating up to a substantial amount.
I made a small deposit into my account at a branch in 04/2009 and that was the last time I used my account,
from then on the charges carried on going,
however I didn't use the account whatsoever. The closing balance for the account was around £2300 and the account defaulted on 12/11/2009 (according to my credit report.)
This account has been passed around to various DCAs, but was bought by Lowell around 3 years ago and
they have passed it around to their other companies (Bryan Carter etc.)
I have never made a payment to this balance and I've never claimed that the debt is mine. I sent Lowell a prove it letter a few months ago and they responded in May 2015 by sending me a copy of the last few months of bank statements for the account with Lloyds TSB.
The statements also stop at 11/2009.
Lowell since then have been sending me letters every week or every two weeks, and last week they now claim they are trying to "escalate" the situation.
I'm unsure if this debt is already statute barred or if it will be on 12/11/2015,
my concern is that should I send a SAR to Lloyds in order to obtain any information as to when the overdraft was officially withdrawn? This will give me an idea of when the the debt is actually statute barred. As I really don't want Lowell to try and drop a surprise CCJ on me just before the time of it being legally enforceable.
Any help would be greatly appreciated and thank you for taking the time for read this.
I'm requiring some assistance which seems to be somewhat of an emergency at the moment.
While I was at university I had a student account with Lloyds TSB. Everything was fine and there was regular money going into the account, however towards the end of university I had accrued quite a significant amount of debt (as most students do) and as my student account became a graduate account I had gone over my overdraft limit by a few pounds and I had started incurring overdraft charges that were equating up to a substantial amount.
I made a small deposit into my account at a branch in 04/2009 and that was the last time I used my account,
from then on the charges carried on going,
however I didn't use the account whatsoever. The closing balance for the account was around £2300 and the account defaulted on 12/11/2009 (according to my credit report.)
This account has been passed around to various DCAs, but was bought by Lowell around 3 years ago and
they have passed it around to their other companies (Bryan Carter etc.)
I have never made a payment to this balance and I've never claimed that the debt is mine. I sent Lowell a prove it letter a few months ago and they responded in May 2015 by sending me a copy of the last few months of bank statements for the account with Lloyds TSB.
The statements also stop at 11/2009.
Lowell since then have been sending me letters every week or every two weeks, and last week they now claim they are trying to "escalate" the situation.
I'm unsure if this debt is already statute barred or if it will be on 12/11/2015,
my concern is that should I send a SAR to Lloyds in order to obtain any information as to when the overdraft was officially withdrawn? This will give me an idea of when the the debt is actually statute barred. As I really don't want Lowell to try and drop a surprise CCJ on me just before the time of it being legally enforceable.
Any help would be greatly appreciated and thank you for taking the time for read this.
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