I have been pursued by PSPC No 1 for some time regarding a shortfall relating to a property I left 11 years ago, and was unaware had been repossessed.(posted 8637 days ago)PSPC are now the clients of Facility Trading Services (who are trading from the same address so I must assume they are one and the same...), and have written to tell me that they have obtained a Monetary Judgement at the repossession hearing. They tell me that, while it is up to their client what they do with this, I might want to settle this 'amicably' by calling them and filling in a Statement of Earnings.
Failure to do this, they tell me could result in one of three things:
- a charging order being obtained against any property currently owned - An attachment of earnings - A warrant for possession for goods for the value of the debt
I have heard of attachment of earnings, but believed it rare that they would either take property or goods.
Is this correct. I haven't answered their letter - I have never in fact replied to them and they seem to pursue me in August each year, hassle and threaten for a few months (even telling me they would call round) and then leave it until the next August.
They aren't even writing to me at my own address - somehow they have an address of a relative with whom I have never lived!
Is this company bonafide - do they work for Citibank, or have they merely bought this debt??