Early termination fee for deceased person

[Ext User(Rod Speed)]

Zappy <zapkvr@ncable.net.au> wrote
> Rod Speed <rod_speed@yahoo.com> wrote
>> --- ylferiF --- <4g213tb7n7h7dd55439@364872346.com> wrote:
>>> Craig Ian Dewick <craig@lios.apana.org.au> wrote
>>>> DaN <news@danscomp.net> writes

>>>>> If I were you id just ignore Telstra I dont see how they plan to take your
>>>>> step father to court anyway.

>>>> They won't - they'll take action against whoever is the power of attorney
>>>> or go after immediate relatives.

>>>> That's why it's important to to get someone at Telstra to manually
>>>> over-ride the automatic billing system that's spitting out the breach of
>>>> contract notice.

>>> Why did you cross-post this to aus.tv?

>> To piss you off.

> It's better to be pissed off than pissed on.

In your case its both.

[Ext User(Zappy)]

"Rod Speed" <rod_speed@yahoo.com> wrote in message
news:3ursjfF12sf7lU1@individual.net...
> Zappy <zapkvr@ncable.net.au> wrote
>> Rod Speed <rod_speed@yahoo.com> wrote
>>> Zappy <zapkvr@ncable.net.au> wrote
>>>> Craig Ian Dewick <craig@lios.apana.org.au> wrote
>>>>> Michael <michael@yahoo.com> writes
>
>>>>>>> If Telstra will not waive the debt (and I don't know receptive
>>>>>>> Telstra is to such requests), the debt will have to be paid
>>>>>>> (assuming there is sufficient money in the estate).
>
>>>>>> The debt will not be waived, it will go to a debt collector, then a
>>>>>> debt factorer.
>
>>>>> What is a debt 'factorer'?
>
>>>> Craig, it is someone who buys the debt for a huge fee
>
>>> Small one actually in the situation being discussed.
>
>> Dickhead,
>
> Fuckwit,
>
>> I am referring to debt factoring.
>
> So was Mikey, fuckwit.
>
>> I don't WHAT you are referring to.
>
> The debt factoring Telstra does with its unpaid debts, fuckwit.
>
> No 'huge fee' involved with those.

Peckerbreath, how the hell do you know WHAT telstra are selling their debts
for?

>
>>>> and then tries to get the debtor to pay up.
>
>>>> It is a very, very expensive method of business finance.
>
>>> Complete and utter drivel with the situation being discussed.
>
>

[Ext User(Zappy)]

"Rod Speed" <rod_speed@yahoo.com> wrote in message
news:3ursncF12r3ddU1@individual.net...
> Zappy <zapkvr@ncable.net.au> wrote
>> Rod Speed <rod_speed@yahoo.com> wrote
>>> --- ylferiF --- <4g213tb7n7h7dd55439@364872346.com> wrote:
>>>> Craig Ian Dewick <craig@lios.apana.org.au> wrote
>>>>> DaN <news@danscomp.net> writes
>
>>>>>> If I were you id just ignore Telstra I dont see how they plan to take
>>>>>> your step father to court anyway.
>
>>>>> They won't - they'll take action against whoever is the power of
>>>>> attorney or go after immediate relatives.
>
>>>>> That's why it's important to to get someone at Telstra to manually
>>>>> over-ride the automatic billing system that's spitting out the breach
>>>>> of contract notice.
>
>>>> Why did you cross-post this to aus.tv?
>
>>> To piss you off.
>
>> It's better to be pissed off than pissed on.
>
> In your case its both.

Bettter to be both?

You illiterate twat.
>
>

[Ext User(ross.)]

Tony Smith wrote:
> Craig Ian Dewick wrote:
>
>
>>What is a debt 'factorer'?
>>
>
>
> Really charming people.
> They buy debts and then collect on them.
>
> It works like this:-
>
> Company A is owed $1k by Person X
>
> Company B, a commercial factoring company comes along and says "I'll
> pay you $100 for the debt owed to you by Person X.
>

You know if Company A just wrote to people syaing they'd offer them 20c
in the dollar deal instead of going to a debt collector, most people
with a brain would take up the offer, and Company A would get double the
money from the debt collectors, and all is good.

[Ext User(Michael)]

"Craig Ian Dewick" <craig@lios.apana.org.au> wrote in message
news:dm89ou$b9b$1@yoda.apana.org.au...
> DaN <news@danscomp.net> writes:
>
> >If I were you id just ignore Telstra I dont see how they plan to take
your
> >step father to court anyway.
>
> They won't - they'll take action against whoever is the power of attorney
or
> go after immediate relatives.
>
> That's why it's important to to get someone at Telstra to manually
over-ride
> the automatic billing system that's spitting out the breach of contract
> notice.

There is no "breach of contract notice". You/Telstra terminate the contract,
you get the charge

[Ext User(Michael)]

"Craig Ian Dewick" <craig@lios.apana.org.au> wrote in message
news:dm89ub$b9b$3@yoda.apana.org.au...
> "Michael" <michael@yahoo.com> writes:
>
> >> If Telstra will not waive the debt (and I don't know receptive Telstra
is
> >> to such requests), the debt will have to be paid (assuming there is
> >> sufficient money in the estate).
>
> >The debt will not be waived, it will go to a debt collector, then a debt
> >factorer.
>
> What is a debt 'factorer'?

Debt factoring is where a debt is sold to an external agency, for lower than
face value, for example 10c in the dollar.

Thus if you had a debt to Telstra for $500, they might factor it to say,
Alliance Factoring.

Then, legally, you owe $0 to Telstra and now owe $500 to Alliance Factoring.

Telstra no longer own the debt, but they can use your default to them as
information in a future credit assessment, ie. you may be denied future
credit as you owe Alliance Factoring money.

[Ext User(Michael)]

"Zappy" <zapkvr@ncable.net.au> wrote in message
news:43880b76$1@news.comindico.com.au...
>
> "Craig Ian Dewick" <craig@lios.apana.org.au> wrote in message
> news:dm89ub$b9b$3@yoda.apana.org.au...
> > "Michael" <michael@yahoo.com> writes:
> >
> >>> If Telstra will not waive the debt (and I don't know receptive Telstra
> >>> is
> >>> to such requests), the debt will have to be paid (assuming there is
> >>> sufficient money in the estate).
> >
> >>The debt will not be waived, it will go to a debt collector, then a debt
> >>factorer.
> >
> > What is a debt 'factorer'?
>
> Craig, it is someone who buys the debt for a huge fee and then tries to
get
> the debtor to pay up.

10c in the dollar is not a huge fee

[Ext User(Peter)]

Ken Taylor wrote:


> That's only one type of factoring. The difference is the amount of risk
> that the factoring company is prepared to take on.
>
There is a difference. The likes of Telstra would not factor its usual
debtors ledger, but could well factor its bad debts. They would do it on
the grounds that something is better than nothing.

A small - medium size company which is short of capital may well factor its
whole debtors ledger to maintain a reasonable cash flow.

The latter would appeal to a specialist factoring company, whereas the
former would appeal to a debt collecting company.

[Ext User(Rod Speed)]

Zappy <zapkvr@ncable.net.au> wrote
> Rod Speed <rod_speed@yahoo.com> wrote
>> Zappy <zapkvr@ncable.net.au> wrote
>>> Rod Speed <rod_speed@yahoo.com> wrote
>>>> Zappy <zapkvr@ncable.net.au> wrote
>>>>> Craig Ian Dewick <craig@lios.apana.org.au> wrote
>>>>>> Michael <michael@yahoo.com> writes

>>>>>>>> If Telstra will not waive the debt (and I don't know receptive
>>>>>>>> Telstra is to such requests), the debt will have to be paid
>>>>>>>> (assuming there is sufficient money in the estate).

>>>>>>> The debt will not be waived, it will go to a debt collector,
>>>>>>> then a debt factorer.

>>>>>> What is a debt 'factorer'?

>>>>> Craig, it is someone who buys the debt for a huge fee

>>>> Small one actually in the situation being discussed.

>>> Dickhead,

>> Fuckwit,

>>> I am referring to debt factoring.

>> So was Mikey, fuckwit.

>>> I don't WHAT you are referring to.

>> The debt factoring Telstra does with its unpaid debts, fuckwit.

>> No 'huge fee' involved with those.

> Peckerbreath,

Fuckwit,

> how the hell do you know WHAT telstra are selling their debts for?

Even someone as stupid as you should be able to work out
that no one will be paying anything like what is owed, and
that that is fuck all with the particular debt being discussed.

>>>>> and then tries to get the debtor to pay up.

>>>>> It is a very, very expensive method of business finance.

>>>> Complete and utter drivel with the situation being discussed.

[Ext User(Rod Speed)]

Michael <michael@yahoo.com> wrote
> Craig Ian Dewick <craig@lios.apana.org.au> wrote
>> Michael <michael@yahoo.com> writes

>>>> If Telstra will not waive the debt (and I don't know receptive
>>>> Telstra is to such requests), the debt will have to be paid
>>>> (assuming there is sufficient money in the estate).

>>> The debt will not be waived, it will go
>>> to a debt collector, then a debt factorer.

>> What is a debt 'factorer'?

> Debt factoring is where a debt is sold to an external agency,
> for lower than face value, for example 10c in the dollar.

> Thus if you had a debt to Telstra for $500,
> they might factor it to say, Alliance Factoring.

> Then, legally, you owe $0 to Telstra and now owe $500 to Alliance Factoring.

Wrong, as always.

> Telstra no longer own the debt, but they can use your default
> to them as information in a future credit assessment, ie. you
> may be denied future credit as you owe Alliance Factoring money.

[Ext User(Rod Speed)]

Zappy <zapkvr@ncable.net.au> wrote
> Rod Speed <rod_speed@yahoo.com> wrote
>> Zappy <zapkvr@ncable.net.au> wrote
>>> Rod Speed <rod_speed@yahoo.com> wrote
>>>> --- ylferiF --- <4g213tb7n7h7dd55439@364872346.com> wrote
>>>>> Craig Ian Dewick <craig@lios.apana.org.au> wrote
>>>>>> DaN <news@danscomp.net> writes

>>>>>>> If I were you id just ignore Telstra I dont see how they plan to take
>>>>>>> your step father to court anyway.

>>>>>> They won't - they'll take action against whoever is the power of attorney
>>>>>> or go after immediate relatives.

>>>>>> That's why it's important to to get someone at Telstra to manually
>>>>>> over-ride the automatic billing system that's spitting out the breach of
>>>>>> contract notice.

>>>>> Why did you cross-post this to aus.tv?

>>>> To piss you off.

>>> It's better to be pissed off than pissed on.

>> In your case its both.

> Bettter to be both?

That's for you to say, fuckwit.

> You illiterate twat.

Pathetic little prat can't even spell better.

[Ext User(Rod Speed)]

ross. <rblandon@tpg.com.au> wrote:
> Tony Smith wrote:
>> Craig Ian Dewick wrote:
>>
>>
>>> What is a debt 'factorer'?
>>>
>>
>>
>> Really charming people.
>> They buy debts and then collect on them.
>>
>> It works like this:-
>>
>> Company A is owed $1k by Person X
>>
>> Company B, a commercial factoring company comes along and says "I'll
>> pay you $100 for the debt owed to you by Person X.
>>
>
> You know if Company A just wrote to people syaing they'd offer them
> 20c in the dollar deal instead of going to a debt collector, most
> people with a brain would take up the offer, and Company A would get
> double the money from the debt collectors, and all is good.

Nope, plenty would refuse to pay what they owe and wait for the offer.

[Ext User(Reginald P)]

Rod Speed wrote:

>
>
>
Wrong, as always.
>
>
Still propagating your "speshul" brand if lies and 1/2 truths eh roddles
NoNo dont bother hitting f1 I wont bother reading your crap again for
a while .

>
>

[Ext User(Alice)]

Michael simpered:

> You/Telstra terminate the contract,
> you get the charge

LOL!! Bet that bullet wound in your foot smarts, Ellis!

[Ext User(John)]

Michael wrote:

> "Horace Wachope_" <horacewachope@gmail.com> wrote in message
> news:1d6eiq113urm0$.1wxmg2ehfgilz$.dlg@40tude.net. ..
> > On Fri, 11 Nov 2005 11:05:54 GMT, Michael wrote:
> >
> > > "will kemp" <will@xxxx.swaggie.net> wrote in message
> > > news:pan.2005.11.11.07.50.28.191276@xxxx.swaggie.n et...
> > >> On Fri, 11 Nov 2005 02:37:17 +0000, DaN wrote:
> > >>
> > >>> If I were you id just ignore Telstra I dont see how they plan to take
> > > your
> > >>> step father to court anyway.
> > >>
> > >> They don't. They take his estate to court - which often means next of
> kin
> > >> etc.
> > >
> > > Telstra dont take people to court, their debt collectors or debt
> factorers
> > > do.
> > >
> > > I very much doubt they will take anyone to court over ANY ETC on a
> single
> > > service. assuming every previous bill was paid
> >
> > On a more practical level, his executor has (or will have) certain legal
> > responsibilties in relation to the estate. The executor cannot simply
> > ignore the Telstra debt because he or she thinks it is unfair.
>
> correct
>
> >
> > If Telstra will not waive the debt (and I don't know receptive Telstra is
> > to such requests), the debt will have to be paid (assuming there is
> > sufficient money in the estate).
>
> The debt will not be waived, it will go to a debt collector, then a debt
> factorer.




What is the difference between Debt Collector and Debt Factorer?

[Ext User(Rod Speed)]

Some gutless fuckwit desperately cowering behind
Reginald P <Reggy@Hanky-Bannister.co.uk> wrote just
the puerile shit thats always pouring from the back of it.

[Ext User(Rod Speed)]

John <sittingbythepool@internode.on.net> wrote:
> Michael wrote:
>
>> "Horace Wachope_" <horacewachope@gmail.com> wrote in message
>> news:1d6eiq113urm0$.1wxmg2ehfgilz$.dlg@40tude.net. ..
>>> On Fri, 11 Nov 2005 11:05:54 GMT, Michael wrote:
>>>
>>>> "will kemp" <will@xxxx.swaggie.net> wrote in message
>>>> news:pan.2005.11.11.07.50.28.191276@xxxx.swaggie.n et...
>>>>> On Fri, 11 Nov 2005 02:37:17 +0000, DaN wrote:
>>>>>
>>>>>> If I were you id just ignore Telstra I dont see how they plan to
>>>>>> take your step father to court anyway.
>>>>>
>>>>> They don't. They take his estate to court - which often means
>>>>> next of kin etc.
>>>>
>>>> Telstra dont take people to court, their debt collectors or debt
>>>> factorers do.
>>>>
>>>> I very much doubt they will take anyone to court over ANY ETC on a
>>>> single service. assuming every previous bill was paid
>>>
>>> On a more practical level, his executor has (or will have) certain
>>> legal responsibilties in relation to the estate. The executor
>>> cannot simply ignore the Telstra debt because he or she thinks it
>>> is unfair.
>>
>> correct
>>
>>>
>>> If Telstra will not waive the debt (and I don't know receptive
>>> Telstra is to such requests), the debt will have to be paid
>>> (assuming there is sufficient money in the estate).
>>
>> The debt will not be waived, it will go to a debt collector, then a
>> debt factorer.
>
>
>
>
> What is the difference between Debt Collector and Debt Factorer?

A debt factor buys the debt. A debt collector just collects
the debt and earns a fee for the debts collected.

[Ext User(Michael)]

> >>>>>>> If Telstra will not waive the debt (and I don't know receptive
> >>>>>>> Telstra is to such requests), the debt will have to be paid
> >>>>>>> (assuming there is sufficient money in the estate).
> >
> >>>>>> The debt will not be waived, it will go to a debt collector, then a
> >>>>>> debt factorer.
> >
> >>>>> What is a debt 'factorer'?
> >
> >>>> Craig, it is someone who buys the debt for a huge fee
> >
> >>> Small one actually in the situation being discussed.
> >
> >> Dickhead,
> >
> > Fuckwit,
> >
> >> I am referring to debt factoring.
> >
> > So was Mikey, fuckwit.
> >
> >> I don't WHAT you are referring to.
> >
> > The debt factoring Telstra does with its unpaid debts, fuckwit.
> >
> > No 'huge fee' involved with those.
>
> Peckerbreath, how the hell do you know WHAT telstra are selling their
debts
> for?

You really need to get up to date.

The tranches of debt Telstra have sold in the last few years, were their
first sold debt.
Some of that debt went back SIX years. You reckon they were getting 90c in
the $1 for it?

They would be getting anywhere from 5c - 20c. My guess 10c.

> >>>> and then tries to get the debtor to pay up.
> >
> >>>> It is a very, very expensive method of business finance.
> >
> >>> Complete and utter drivel with the situation being discussed.

Agreed, because it wasnt business finance we were discussing
> >
> >
>
>

[Ext User(Michael)]

"ross." <rblandon@tpg.com.au> wrote in message
news:4388f113$1@dnews.tpgi.com.au...
> Tony Smith wrote:
> > Craig Ian Dewick wrote:
> >
> >
> >>What is a debt 'factorer'?
> >>
> >
> >
> > Really charming people.
> > They buy debts and then collect on them.
> >
> > It works like this:-
> >
> > Company A is owed $1k by Person X
> >
> > Company B, a commercial factoring company comes along and says "I'll
> > pay you $100 for the debt owed to you by Person X.
> >
>
> You know if Company A just wrote to people syaing they'd offer them 20c
> in the dollar deal instead of going to a debt collector, most people
> with a brain would take up the offer, and Company A would get double the
> money from the debt collectors, and all is good.

The problem is usually that the people cannot be found, because the debt is
old, and theyve moved on many times, died, connected in a false name, etc
etc etc

Its the debt factorers job to do this homework.

[Ext User(Michael)]

"Peter" <peterwn@parazzdise.net.nz> wrote in message
news:43890b25@clear.net.nz...
> Ken Taylor wrote:
>
>
> > That's only one type of factoring. The difference is the amount of risk
> > that the factoring company is prepared to take on.
> >
> There is a difference. The likes of Telstra would not factor its usual
> debtors ledger, but could well factor its bad debts. They would do it on
> the grounds that something is better than nothing.

Telstra only factor bad debt at this stage