Things about to get very serious and much more real? / Felicitas Letters

[MrO666]

On the one I saw, an extract from the alleged agreement says repayment with one months notice, But Felicitas dated the letter Aug 10th, only sent it on Aug 14th, and demanded it be paid by Aug 20th.

The whole thing is pure amateur hour.

I believe it's going to take a judge in a court to make a majority of people part with a copper coin, and Felicitas know that.

[78paul]

Not sure yet.
It is of similar tone to all the previous demands all had different demand amounts. This is not a SD demand. Only this time with out any "% offer".
I will take advice tomorrow as they send these out on a Saturday reducing the response time.
Sounds like another scare tactic.

[eek]

I received the same, no offers of a % reduced payment, just full payment demand within 7 days..
Although the amount was not to the full original amount but around 1/3rd less.

Are you ignoring it or disputing it?

[78paul]

I received the same, no offers of a % reduced payment, just full payment demand within 7 days..
Although the amount was not to the full original amount but around 1/3rd less.

[MrO666]

So yesterday I was shown a "demand" from Felicitas for the full alleged outstanding amount. Again, the working was very amateur like and none of the dates added up, but that aside, there was no form of offer.

For those that did receive "offers", are you able to say which scheme you used ? I wonder whether they're now taking a different approach depending on what scheme it was ?

[GregRickshaw]

It looks to me like Felicitas are on a fishing exercise. They want people to come on record and admit to the loan in order to crystalize its legitimacy. The 1.5% is the bait that is used to reel in the big money. Once some correspondence starts to exchange, they will have enough evidence on record to go for the full amount.

If people admit to the loan on record and agree to this latest 'offer', Felicitas can take the 1.5% now and come back for the remaining 98.5% plus interest at a later date now that the veracity of the loans cannot be questioned.

With whatever flimsy paperwork they have at the moment, they have been unable to do anything for the last one and a half years, despite threats of court, letters from solicitors. They have misrepresented court cases as victories for themselves. They have misused statutory demands as they have nothing within the legal channels to enforce the alleged loan. All this should tell people how weak their case is. They are trying to strengthen their case by getting some communication going between them and the people they are trying to screw, so that people will divulge something on record and they can return back to the legal process and use it within the legal parameters to enforce the alleged debt.

I'm not so sure any of this is true (apart from the SD saga) I don't think anyone is disputing anymore they are not loans.
What most are disputing (as with most loan cases) is do they have the rights to collect them.

I think WTT and others are basing their entire cases on the purchase of loans process.

They haven't really need to do anything, as people have been settling the whole time, so they have no real need to accelerate or apply any more pressure. As to communications I don't understand what you mean, most of us who are (or have been) involved have already communicated thoroughly or had parties communicate on our behalf.

[Superfly]

It looks to me like Felicitas are on a fishing exercise. They want people to come on record and admit to the loan in order to crystalize its legitimacy. The 1.5% is the bait that is used to reel in the big money. Once some correspondence starts to exchange, they will have enough evidence on record to go for the full amount.

If people admit to the loan on record and agree to this latest 'offer', Felicitas can take the 1.5% now and come back for the remaining 98.5% plus interest at a later date now that the veracity of the loans cannot be questioned.

With whatever flimsy paperwork they have at the moment, they have been unable to do anything for the last one and a half years, despite threats of court, letters from solicitors. They have misrepresented court cases as victories for themselves. They have misused statutory demands as they have nothing within the legal channels to enforce the alleged loan. All this should tell people how weak their case is. They are trying to strengthen their case by getting some communication going between them and the people they are trying to screw, so that people will divulge something on record and they can return back to the legal process and use it within the legal parameters to enforce the alleged debt.

[eek]

1 There is no case. 2 The case is too expensive/risky to action. 3 Last roll of the (low cost) dice before they move on to pastures new?

Any of those are possible.

3 is not a pleasant idea, as you would note from a previous post HMRC have basically said they won't do anything to stop other schemes from allowing Felicitas (or similar) from trying to recover money in similar ways.

I suspect a lot of scheme users will be writing letters to dispute Statuary Demands in the future - as Felicitas repeat their playbook.

[WJK]

I personally have no intention of parting with any money until I receive a legal document from a practicing solicitor/ Barrister that will ratified by my Barrister. Then and only then I will consider payment.

[Fred Bloggs]

You have to remember these loans are subject to IoM law (and probably IoM trust law) in most cases - which is why they previously used Statutory Demands to try and enforce payment in the UK - for Felicitas are cheapstakes and so are doing stuff as cheaply as possible.

And the SDs would probably have worked out for them if this site hadn't told people how to respond to them.

IoM courts are expensive and don't allow contingency deals so Felicitas need a lot of money paid upfront to launch an IoM court case.

Now you would expect the latest offer to be higher than previous offers so I do find the 1.5% offer very interesting - as I cannot work out WTF they are asking for such a small amount...

1 There is no case. 2 The case is too expensive/risky to action. 3 Last roll of the (low cost) dice before they move on to pastures new?

Any of those are possible.