I had a cheque paid to my old IP but it was cashed by a third party. What can I do ?

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Mansall.99

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Post by Mansall.99 » Mon Jul 18, 2016 4:18 pm
I had a cheque paid to my old ip 2 years ago from a ppi payment.the cheque was cashed by a 3rd party called consumer advisory services ltd..They have not passed on the money as my old ip said they never recieved the cheque.And now cant get hold of any company...£6915 just vanished.what can i do
 
 

Foggy

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Post by Foggy » Mon Jul 18, 2016 4:23 pm
Query why the bank paid out to a third party -- was the cheque endorsed by your IP ? Who was the cheque actually made out to ? Report it to the police as theft, if no answers are forthcoming.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
 
 

kallis3

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Post by kallis3 » Mon Jul 18, 2016 4:47 pm
Mansall has made a few posts in the past but no idea as to what has happened with the cheque. I would suggest that he takes some legal advice.
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Lisa Thomas

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Post by Lisa Thomas » Mon Jul 18, 2016 4:50 pm
The PPi Company should be able to ask the bank for details of where the money was cashed. I'm surprised your IP firms knows nothing of this.

Links below might be useful:

https://beta.companieshouse.gov.uk/company/07890342

http://consumeradvisoryservice.co.uk/

http://www.iva.co.uk/forum/topic.asp?wh ... 254#613471
I'm a licensed IP with 16+ yrs at Neville & Co covering the South West area. I have a YouTube channel with advisory videos on here: https://www.youtube.com/channel/UCMPTTu ... Z5k9ZcC2MA http://www.nevilleco.co.uk 01752 786800 Lisa@nevilleco.co.uk
 
 

Mansall.25

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Post by Mansall.25 » Mon Jul 18, 2016 7:00 pm
The cheque was made payable to money debt and credit ltd..santander have confirmed this i have a copy of the cheque..money debt and credit have said today that they have no link to consumer advisory services ltd..And are still saying they never recieved the cheque.santander wont do anything else as they paid out to the right people its up to me to resolve..
 
 

Foggy

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Post by Foggy » Mon Jul 18, 2016 7:03 pm
If it was made payable to MDC, then only MDC should have cashed it, or endorsed it.

Ask Santander why they maintain that the cheque was paid to the right people, when it clearly wasn't.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
 
 

Mansall.25

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Post by Mansall.25 » Mon Jul 18, 2016 7:04 pm
Need legal advice as been chasing this since march this year..but costs to much
 
 

Mansall.25

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Post by Mansall.25 » Mon Jul 18, 2016 7:08 pm
They ivestigated the matter and said they sent it to mdc as per insolvency register address..
They have also said that barclays have said that consumer advice services were an agent acting for mdc..but mdc are saying they werent..
 
 

Foggy

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Post by Foggy » Mon Jul 18, 2016 7:26 pm
OK .... It looks like CAS might have told Barclays a porkie then.

I would have a word down the local nick and see if they want to pursue the alleged theft of £6k.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
 
 

Mansall.25

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Post by Mansall.25 » Mon Jul 18, 2016 7:54 pm
As the cheque was made payable to mdc how has consumer advisory services managed to cash it.the only way i would of thought is if they were agents for mdc
 
 

Foggy

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Post by Foggy » Mon Jul 18, 2016 8:18 pm
In theory it should have been endorsed by the payee, if not the paying bank is at fault as it should not have been honoured.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
 
 

Mansall.25

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Post by Mansall.25 » Mon Jul 18, 2016 8:39 pm
No cheque wasnt endorsed.infact there is no signatures or even an account number on the back of the cheque.just random numbers and cashed out barclays.should santander not of cleared this..are they at fault
 
 

Foggy

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Post by Foggy » Mon Jul 18, 2016 8:49 pm
Santander shouldn't have accepted it and Barclays shouldn't have honoured it.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
 
 

Lisa Thomas

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Post by Lisa Thomas » Tue Jul 19, 2016 9:09 am
The Bank should be able to provide details of exactly what bank account the cheque was cashed. Tell them fraud has occurred and they need to open a fraud inquiry. Tell your old IP that you are doing the same and they should treble check their records.
I'm a licensed IP with 16+ yrs at Neville & Co covering the South West area. I have a YouTube channel with advisory videos on here: https://www.youtube.com/channel/UCMPTTu ... Z5k9ZcC2MA http://www.nevilleco.co.uk 01752 786800 Lisa@nevilleco.co.uk
 
 

Mansall.25

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Post by Mansall.25 » Tue Jul 19, 2016 8:18 pm
Got account number and sort code of where cheque was cashed..santander are still saying they followed the correct procedures.but clearly they havent..i asked santander how the cheque could of been cashed when it wasnt endorsed,they couldnt comment they said
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