West 28th Street Limited

[eek]

Why do none of these articles mention Trethowans ? It's Trethowans who's name is on the top of these demand letters.

I suspect because the FCA articles don’t mention Trethowens - the telegraph doesn't mention it.

 

[strawberry]

Telegraph article, NOT mentioning Trethowans AT ALL. Comments are unsurprisingly very unsympathetic

https://www.telegraph.co.uk/money/tax/income/loan-charge-victims-pursued-six-figure-sums/?icid=return_to_article

 

[MrO666]

Most people aren't going to be sympathetic are they, as they assume nobody ever paid any tax. If they were told that actually, most people ended up paying more than than was was probably due, and if these clowns get their way, will end up having paid tax on money they never even earned, that might be different.

Regardless, the FCA and the Courts don't care about that, they will be looking at the facts of the cases.

 

[MrO666]

So I know this has been covered previously, but just say the FCA confirm that they will not grant any validation orders in respect to these claims.

What then ? Is it genuinely dead in the water for them or not. Sorry, i'm just trying to catch up on it all.

 

[creativity]

Time barred by that point. And important parts of CCA still applies to contract law too. Its dead in the water imo. They risked hanging all this on CCA...

 

[lillybean]

Feeling a tad overwhelmed, could someone with a clear head sanity check the following please, is it a fair summary? May also be useful for others.

West 28 / Trethowans / FCA: Key dates and next steps

Date​	Event​	Explanation and your action​
April 2026	West 28 Corrective Annual Statements and Notices of Assignment	West 28 issued corrective statements relating to historic loans. These addressed failures to provide annual statements under Section 77A of the Consumer Credit Act and included interest rebates for relevant periods. Action: Retain the statements and notices, and check whether the later demands reflect those rebates.
~1 September 2026	Repayment demand	West 28, through its representatives, sought repayment. Action: Preserve the demand and confirm the FCA has a copy.
7 October 2026	Consumer Credit Act Default Notices	Formal notices alleging default were issued. Action: Retain every notice and its supporting calculations.
28 October 2026	Trethowans Letter of Claim	Demanded payment Action: Prepare your response and request the evidence supporting the balance.
5 November 2026	FCA intervention	The FCA imposed restrictions on Ethica's collection activity and default judgments. Court proceedings remain possible. Action: Your additional evidence have been submitted.
12 November 2026	FCA-required clarification notices due	Ethica must notify affected consumers that payment is not currently enforceable. Action: Check your post and email.
13 November 2026	Anticipated court filings	Proceedings involving approximately 3,028 individuals may be issued. Action: Monitor correspondence and act promptly if court papers arrive.
27 November 2026	Trethowans response deadline	Action: Respond to the Letter of Claim unless you have a written extension.
21 December 2026	FCA vulnerability assessment deadline	Ethica must complete the required assessments.

2. What the FCA restrictions actually mean

The FCA's 5 November statement confirms that affected consumers do not have an enforceable obligation to pay at this stage while regulatory and legal issues are resolved.

FCA The detailed requirements you previously shared add several important qualifications.

Issue​	What it means for you​
Payment demands	Ethica and its agents are restricted from making further payment demands to people in the proposed court claim until the necessary conditions are met.
Default judgments	Ethica and West 28 must not seek default judgments while the specified legal and regulatory requirements remain unmet.
Court proceedings	Paragraph 7A expressly permits proceedings to be issued, served and pursued. The restrictions do not amount to a litigation ban.
Enforceability	Whether these alleged debts are legally recoverable remains unresolved. Any necessary FCA validation and Consumer Credit Act court orders must be obtained.
Vulnerability	Ethica must assess potentially vulnerable individuals, with additional protection for 23 people already identified as particularly vulnerable.

This distinction matters: West 28 may be able to start a case without yet being entitled to enforce the alleged debt or demand payment.

The FCA has not ruled that all these debts are invalid.

3. What Trethowans' correspondence changes

Trethowans has indicated that proceedings might be issued before the pre-action correspondence is complete because of potential limitation issues.

That makes the 13 November date particularly relevant. A claim could be filed to protect West 28's position, even though the merits and enforceability remain disputed.

There are three separate stages:

Letter of Claim

A pre-court demand inviting your response. This is the stage you're currently known to be at.

Court claim issued and served

A formal legal process, with its own deadlines once served. It does not mean West 28 has won.

Judgment and enforcement

The court determines the relevant issues. The FCA restrictions place additional conditions on default judgments and recovery.

If a court claim is served, respond within the deadline specified by the court, regardless of the FCA restrictions. The court deadline takes priority over any plan to wait until 27 November.

Bottom line

You have already done two important things: supplied historical evidence to the FCA and documented the personal impact.

Your next meaningful checkpoint is 12–13 November, when the required notices and anticipated court filings may clarify the position.

You do not need to pay the alleged debt now under the FCA's stated position. But you should not ignore the Letter of Claim or any court documents.

The safest balance is to monitor developments next week, keep legal advise as an option, and ensure you have a defensible response ready well before 27 November.

 

[Validoom]

So I know this has been covered previously, but just say the FCA confirm that they will not grant any validation orders in respect to these claims.

What then ? Is it genuinely dead in the water for them or not. Sorry, i'm just trying to catch up on it all.

It will not mean that it will die. The issue is that they believe these "loans" are worth over a billion pounds, you have a company that is based in the UAE involved, we do not know who is the actual owner of the trust is because even after years of requests West 28 still hasn't handed over that information.

They have been stopped getting the loans to come under the FCA due to people paying Solicitors to stop them.

There is nothing stopping them from walking away and trying x months / years down the road and that is the ultimate problem.

 

[Fergie11]

Feeling a tad overwhelmed, could someone with a clear head sanity check the following please, is it a fair summary? May also be useful for others.

West 28 / Trethowans / FCA: Key dates and next steps

Position as of 6 November 2026

1. Your timeline

28 Oct

Received Trethowans Letter of Claim

Action: Keep the letter, enclosures and original correspondence together. No immediate payment is required simply because a Letter of Claim was received.

5 Nov

FCA intervention and requirements

The FCA imposed restrictions on Ethica Resolve concerning collection activity, vulnerable individuals, communications and default judgments.

Action: You have already provided the FCA with supporting evidence

12 Nov

Deadline for FCA-cleared notices

By noon, Ethica must send the required notice to affected people who received a Letter of Claim or payment demand from 2 July 2026.

Action: Check your email and post. Save any notice received. If none arrives, that does not cancel your existing deadline.

13 Nov

Anticipated court-claim filing deadline

The FCA requirements refer to proceedings involving approximately 3,028 individuals, anticipated to be issued on or before this date.

Action: Watch for court correspondence. This does not establish that you are one of those individuals or that proceedings will be served on you that day.

27 Nov Your current deadline

Trethowans Letter of Claim response

The deadline stated in your correspondence remains operative unless Trethowans confirms otherwise.

Action: Submit a suitable response disputing the claim and requesting the supporting evidence, or obtain legal advice on that response, before the deadline.

21 Dec

FCA deadline

Vulnerability assessment

Ethica must complete an assessment concerning 5,754 people and report to the FCA.

Action: No separate response is required from you solely because of this deadline.

2. What the FCA restrictions actually mean

The FCA's 5 November statement confirms that affected consumers do not have an enforceable obligation to pay at this stage while regulatory and legal issues are resolved.

FCA The detailed requirements you previously shared add several important qualifications.

Issue​	What it means for you​
Payment demands	Ethica and its agents are restricted from making further payment demands to people in the proposed court claim until the necessary conditions are met.
Default judgments	Ethica and West 28 must not seek default judgments while the specified legal and regulatory requirements remain unmet.
Court proceedings	Paragraph 7A expressly permits proceedings to be issued, served and pursued. The restrictions do not amount to a litigation ban.
Enforceability	Whether these alleged debts are legally recoverable remains unresolved. Any necessary FCA validation and Consumer Credit Act court orders must be obtained.
Vulnerability	Ethica must assess potentially vulnerable individuals, with additional protection for 23 people already identified as particularly vulnerable.

This distinction matters: West 28 may be able to start a case without yet being entitled to enforce the alleged debt or demand payment.

The FCA has not ruled that all these debts are invalid.

3. What Trethowans' correspondence changes

Trethowans has indicated that proceedings might be issued before the pre-action correspondence is complete because of potential limitation issues.

That makes the 13 November date particularly relevant. A claim could be filed to protect West 28's position, even though the merits and enforceability remain disputed.

There are three separate stages:

Letter of Claim

A pre-court demand inviting your response. This is the stage you're currently known to be at.

Court claim issued and served

A formal legal process, with its own deadlines once served. It does not mean West 28 has won.

Judgment and enforcement

The court determines the relevant issues. The FCA restrictions place additional conditions on default judgments and recovery.

If a court claim is served, respond within the deadline specified by the court, regardless of the FCA restrictions. The court deadline takes priority over any plan to wait until 27 November.

Bottom line

You have already done two important things: supplied historical evidence to the FCA and documented the personal impact.

Your next meaningful checkpoint is 12–13 November, when the required notices and anticipated court filings may clarify the position.

You do not need to pay the alleged debt now under the FCA's stated position. But you should not ignore the Letter of Claim or any court documents.

The safest balance is to monitor developments next week, keep legal advise as an option, and ensure you have a defensible response ready well before 27 November.

Looks good to me.

One thing you might consider adding to the timeline is:

• 1 September 2026 (approximately) – repayment demand.
• 7 October 2026 – Consumer Credit Act Default Notices issued.

 

[eek]

Looks good to me.

One thing you might consider adding to the timeline is:

• 1 September 2026 (approximately) – repayment demand.
• 7 October 2026 – Consumer Credit Act Default Notices issued.

How can there be a default notice issued when you never been told where to pay the money to?

 

[redredwine]

Rating down to 4.5 from 4.8 👊👌🏼

Down to 4.3 now … a few more and we can get it down to below 4