If Lowell Group (Lowell Portfolio I Ltd) has purchased an alleged debt and contacted you, mention to them: "As you are regulated by a Financial Conduct Authority licence, under CONC 13.1.6(8), you are obliged to confirm whether any alleged debt(s) is/are enforceable or unenforceable".If they say enforceable, they might send a copy of the original credit agreement, this of course will be terminated as they have bought any alleged debt(s). The Financial Conduct Authority prohibits Debt Collection Agency's from enforcing, or seeking to enforce a terminated credit agreement. All credit agreements become terminated upon sale.If they avoid answering, remind them again, and again, and again and if they fail to answer, this most likely will give the answer - unenforceable... you can politely request them to stop contacting you or you may litigate against them for harassment. Chances are they won't advise it's unenforceable as that will affect profits and their ability to claim.If they try to get it to court, request in any defence that the Executed Deed of Assignment is provided, this will highlight the actual purchase amount (eg. an alleged debt of £10,000 will have been purchased for around £600-1,000) and you can argue that it is unfair they are claiming X amount from you when they bought the alleged debt(s) for X amount, which will no doubt be quite a vast difference. Any judge may side with you for "unjustified enrichment".Stand your ground with this company, or any debt collection agencies. They have no legal right to attempt to harass you for extortion and blackmail.I successfully fought this company as they were unable to provide proof of claim, they then closed the account without reason and refused to correspond after this, which no doubt, highlights that they do not have any proof of claim in most cases.Don't let their threat letters worry you, remember the law is on your side and you just have to make sure you use it effectively and play them at their own game._____________________________________________Reply to Lowell Group:I will not be engaging in joinder with your company, due to the account now being recently closed.In terms of the other review, I suspect that you or your company probably flagged the review due it's content. I am currently liaising with Trustpilot to confirm it's a genuine review.I don't actually require any further assistance. I am assisting others to help them avoid any wrongdoing by companies who claim they are operating within the regulations, when they clearly are not and hopefully other can learn from these deliberate omissions.
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