Early termination fee for deceased person

[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'?
>
> > 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.

Sorry wrong, I'm actually correct. This is debt FACTORING, not debt
REFERRAL.

Indeed, if you happen to pay the Telstra account, a robot sweeps the payment
across to the debt collectors account. Telstra dont get the full book value
of your payment because its not their money.

If the customer calls up and asks for a cheque, Telstra are legally obliged
to send it as its no longer owing to them

[Ext User(Rod Speed)]

Michael <michael@yahoo.com> wrote

>>>>>> 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.

> Sorry wrong, I'm actually correct.

Nope, you never ever are. You've never ever had
a fucking clue about even the most basic law.

> This is debt FACTORING, not debt REFERRAL.

Doesnt change a thing, legally.

> Indeed, if you happen to pay the Telstra account, a robot
> sweeps the payment across to the debt collectors account.

Thats because that is what the agreement with the debt factor provides for.

> Telstra dont get the full book value of your payment because its not their
> money.

Irrelevant to who the individual with the debt owes it to legally.

> If the customer calls up and asks for a cheque, Telstra
> are legally obliged to send it as its no longer owing to them

Irrelevant to who the individual with the debt owes it to legally.

Back to the dunnys, child.

[Ext User(Lance Lyon)]

"Rod Speed" <rod_speed@yahoo.com> wrote in message
news:3usgfsFv8a0fU1@individual.net...

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

He's quite correct Rod, once again you're displaying your monumental
ignorance.

Lance

http://sydneyferries.t35.com

[Ext User(Zappy)]

"Michael" <michael@yahoo.com> wrote in message
news:wfdif.5066$ea6.1895@news-server.bigpond.net.au...
>> >>>>>>> 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?

Dickhead, I was the one who stated Telstra would be getting nowhere near the
face value of the debt.

>
> 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

And who gives a fkying fuck, what I stated was 100% correct. It is a very
expenive method of raising money.
>> >
>> >
>>
>>
>
>

[Ext User(Zappy)]

"Michael" <michael@yahoo.com> wrote in message
news:BC7if.4882$ea6.4679@news-server.bigpond.net.au...
>
> "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

You don't think?

Can I buy your debtors for 90c in the dollar?

I thought not

Dumbass.
>
>

[Ext User(Rod Speed)]

Zappy <zapkvr@ncable.net.au> wrote:
> "Michael" <michael@yahoo.com> wrote in message
> news:wfdif.5066$ea6.1895@news-server.bigpond.net.au...
>>>>>>>>>> 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?

> Dickhead, I was the one who stated Telstra would be getting nowhere near the
> face value of the debt.

Fuckwit, you ACTUALLY claimed 'a huge fee'

Doesnt happen with a debt that small, even if telstra
only gets 10c in the dollar owed. Its STILL peanuts.

>> 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

> And who gives a fkying fuck, what I stated was 100% correct.

Nope, complete pig ignorant drivel. You cant even manage to
work out the difference between flogging off bad debts and
the other use of factoring, using it for the entire debt book.
Telstra aint stupid enough to do anything like that last.

> It is a very expenive method of raising money.

Telstra isnt using it to 'raise money' they're using it as
an effective way of dealing with old bad debts, cretin.

Bad debit would cost them heaps to attempt to recover
using staff labor, fuckwit. More than the amount owed, fuckwit.

[Ext User(Rod Speed)]

Zappy <zapkvr@ncable.net.au> wrote:
> "Michael" <michael@yahoo.com> wrote in message
> news:BC7if.4882$ea6.4679@news-server.bigpond.net.au...
>>
>> "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

> You don't think?

Corse it isnt when its just the very old bad debts that telstra
hasnt been able to get paid by the normal methods they use.

> Can I buy your debtors for 90c in the dollar?

Telstra isnt flogging off all the debtors for that, fuckwit.

> I thought not

Not a shred of evidence that you are actually capable of thought.

> Dumbass.

Fuckwit.

[Ext User(Rod Speed)]

Lance Lyon <llyon@landover.NOSPAM.no-ip.com> wrote
> Rod Speed <rod_speed@yahoo.com> wrote

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

>> Wrong, as always.

> He's quite correct Rod,

Legally, he isnt. The ex telstra customer still owes it to Telstra.

What telstra does with what the dud pays is a separate matter entirely, legally.

> once again you're displaying your monumental ignorance.

Thanks for that completely superfluous proof of why you have
never ever managed anything better than that pathetic sheltered
workshop and will be one of the first the mex gives the bums rush.

[Ext User(Lance Lyon)]

"Rod Speed" <rod_speed@yahoo.com> wrote in message
news:3uubqsF12ml49U1@individual.net...
> Lance Lyon <llyon@landover.NOSPAM.no-ip.com> wrote
>> Rod Speed <rod_speed@yahoo.com> wrote
>
>>>> Then, legally, you owe $0 to Telstra and now owe $500 to Alliance
>>>> Factoring.
>
>>> Wrong, as always.
>
>> He's quite correct Rod,
>
> Legally, he isnt. The ex telstra customer still owes it to Telstra.
>

Incorrect, once the debt is sold to a factoring company, the debt is then
owed to that company, not Telstra. Although if you don't pay, Telstra will
take that into account if you attempt to connect another service through
them.

Lance

http://sydneyferries.t35.com

[Ext User(Rod Speed)]

Lance Lyon <llyon@landover.NOSPAM.no-ip.com> wrote
> Rod Speed <rod_speed@yahoo.com> wrote
>> Lance Lyon <llyon@landover.NOSPAM.no-ip.com> wrote
>>> Rod Speed <rod_speed@yahoo.com> wrote

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

>>>> Wrong, as always.

>>> He's quite correct Rod,

>> Legally, he isnt. The ex telstra customer still owes it to Telstra.

> Incorrect,

Correct.

> once the debt is sold to a factoring company, the debt is then owed to that
> company, not Telstra.

Thanks for that completely superfluous proof of why you
will be one of the first to get the bums rush any day now.

> Although if you don't pay, Telstra will take that into account if you attempt
> to connect another service through them.

They do that LONG before they flog the debt off, stupid.

[Ext User(Michael)]

"Rod Speed" <rod_speed@yahoo.com> wrote in message
news:3v02d8F13cui5U1@individual.net...
> Lance Lyon <llyon@landover.NOSPAM.no-ip.com> wrote
> > Rod Speed <rod_speed@yahoo.com> wrote
> >> Lance Lyon <llyon@landover.NOSPAM.no-ip.com> wrote
> >>> Rod Speed <rod_speed@yahoo.com> wrote
>
> >>>>> Then, legally, you owe $0 to Telstra and now owe $500 to Alliance
> >>>>> Factoring.
>
> >>>> Wrong, as always.
>
> >>> He's quite correct Rod,
>
> >> Legally, he isnt. The ex telstra customer still owes it to Telstra.
>
> > Incorrect,
>
> Correct.
>
> > once the debt is sold to a factoring company, the debt is then owed to
that
> > company, not Telstra.
>
> Thanks for that completely superfluous proof of why you
> will be one of the first to get the bums rush any day now.
>
> > Although if you don't pay, Telstra will take that into account if you
attempt
> > to connect another service through them.
>
> They do that LONG before they flog the debt off, stupid.
>
>

You missed the point, fuckwit. The point was that although you no longer owe
Telstra, they will still use it against you

[Ext User(Rod Speed)]

Michael <michael@yahoo.com> wrote
> Rod Speed <rod_speed@yahoo.com> wrote
>> Lance Lyon <llyon@landover.NOSPAM.no-ip.com> wrote
>>> Rod Speed <rod_speed@yahoo.com> wrote
>>>> Lance Lyon <llyon@landover.NOSPAM.no-ip.com> wrote
>>>>> Rod Speed <rod_speed@yahoo.com> wrote

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

>>>>>> Wrong, as always.

>>>>> He's quite correct Rod,

>>>> Legally, he isnt. The ex telstra customer still owes it to Telstra.

>>> Incorrect,

>> Correct.

>>> once the debt is sold to a factoring company, the
>>> debt is then owed to that company, not Telstra.

>> Thanks for that completely superfluous proof of why you
>> will be one of the first to get the bums rush any day now.

>>> Although if you don't pay, Telstra will take that into account
>>> if you attempt to connect another service through them.

>> They do that LONG before they flog the debt off, stupid.

> You missed the point, fuckwit.

Nope, you silly little dunny cleaning fuckwit child.

> The point was that although you no longer owe Telstra,

Pig ignorant lie, as always from you, you silly little dunny cleaning fuckwit
child.

> they will still use it against you.

Pathetic, really.