West 28th Street Limited

[Fergie11]

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

Fair point. I don't think I saw any payment details until the Trethowans LLP Letter of Claim. If that's right, it does raise the question of how someone was expected to remedy an alleged default within the Default Notice period if they hadn't yet been told how or where to pay. 🤔

 

[JD1905]

Just a thought - probably won't get there, but there is a good argument that these loans would be classed as irresponsible lending as they did not undergo any sort of credit worthiness checks. If anyone has paid them a penny, it may be worth going on the attack. Would like to see that.

 

[eek]

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.

The FCA have been dealing with things this week because they’ve had a lot of complaints - it’s not because solicitors have written letters (which you’ve continually claimed while trying to get others to contribute to the group you joined) it’s because a lot of the people who can’t afford solicitors have written letters to the extent it’s got someone senior at the FCA seriously annoyed - because everyone wants these loan schemes put to bed now the tax has been paid

 

[MrO666]

I see Trethowans have just removed negative LinkedIn comments and disabled all comments on their posts.

Utter cowards.

 

[chasedbyloansharks]

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

good work all, mine’s is pending submission.

 

[eek]

I see Trethowans have just removed negative LinkedIn comments and disabled all comments on their posts.

Utter cowards.

I thought I did a good job with my comment - it praised them for being the first firm to get two FCA press releases from a single set of letters

 

[chasedbyloansharks]

The FCA have been dealing with things this week because they’ve had a lot of complaints - it’s not because solicitors have written letters (which you’ve continually claimed while trying to get others to contribute to the group you joined) it’s because a lot of the people who can’t afford solicitors have written letters to the extent it’s got someone senior at the FCA seriously annoyed - because everyone wants these loan schemes put to bed now the tax has been paid

This. I’m angry as hell at these bottom feeders and attacking on every front I can. I urge EVERYONE to do the same.

 

[cojak]

I need to place FCA advice here, please take note:

What should contractors do?​

The FCA has advised recipients not to ignore repayment demands or court documents.

Anyone disputing a debt should explain the basis of the dispute clearly, retain correspondence and supporting evidence, and consider obtaining independent legal advice.

Contractors should also be aware that deadlines in formal Letters of Claim and court documents may require a response even where liability is disputed.

From the CUK article: FCA warns debt collectors over disputed loans as Trethowans sends fresh demands to contractors

 

[tonymontana]

I need to place FCA advice here, please take note:


From the CUK article: FCA warns debt collectors over disputed loans as Trethowans sends fresh demands to contractors

Can you please clarify as looking at the FCA's statement, it says: Consumers should not ignore any formal court documents they receive on this issue. They should consider seeking independent legal or debt advice before deciding what to do. It does not mention not to ignore repayment demands. Have I missed something?

FCA acts to protect consumers facing demands for disguised remuneration scheme loan repayments

We've intervened and Ethica Resolve Limited (Ethica), an FCA authorised firm that services and collects debt on behalf of creditors, has agreed to restrictions. These follow demands it made for people to repay loans, or purported loans, provided as part of disguised remuneration schemes.

www.fca.org.uk

 

[MrO666]

I would rather go into a court with evidence to show that I disputed and refuted at every possible opportunity and in every possible way (email, snail mail, recorded etc), and that the claimant refused to engage.

Each to their own, but if it were me, I wouldn't ignore anything at all.