Received legal demand letter about bank credit card minimum payment

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asked on Sep 30, 2019 at 11:28
edited on Feb 11, 2020 at 17:35
I received a legal letter from Maybank's lawyer as I failed to pay my credit card minimum payment of RM6,700++. Now that I've just paid the minimum payment, can I just ignore the legal demand letter?

My credit card minimum payment amount is now ZERO. Can I just wait for the next minimum payment amount and start making payment as usual?
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answered on Sep 30, 2019 at 11:43
edited Feb 11, 2020 at 22:03

Make the minimum payment on a monthly basis and avoid any further complications in the future. Once you have paid regularly, you may disregard the lawyer's letter depending what was stated inside the lawyer's letter, e.g. attend summons in court?
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answered on Sep 30, 2019 at 12:11
edited Feb 11, 2020 at 21:59

Thanks for your reply. For your information this is the format of letter that I've got.

This is the title of the letter:
Demand for payment of amount due and owning to [bank name]
Outstanding Sum: RM6,700 as at 23.09.2019

We refer to the above matter wherein we act for [bank name] of [bank address].

We are informed by our client that you are the holder of the above mentioned card(s) and you have failed to remit the payment due despite several reminders made to you.

We are also informed by our client that there is an amount due and owing from you to them in respect of the above mentioned account(s) for the aforesaid sum of which is known to you together with further management charge and late payment charge thereon until date of realization.

We have been instructed by our client to demand from you, which we whereby do, the payment of the aforesaid sum together with further changes and all other accruing payments incurred to date incidental thereto, to our client directly or to us as solicitors for and on behalf of our client within SEVEN (7) days from the date hereof, failing which we have our client's strict instruction to commence further recovery action against you without further reference to you.

TAKE FURTHER NOTICE that in the event legal action is commenced against you, you shall be liable for all further legal fees and incidental deriving thereon.

I got this letter and those guys the one who give me this letter said that I need to do FULL PAYMENT within 7 days.
Can I just ignore this letter since I have paid the minimum payment amount?
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answered on Sep 30, 2019 at 15:47
edited Feb 11, 2020 at 21:53

1.  This is a demand letter issued by their lawyer.

2.  They have not taken any court action but just threaten to, just like to everybody else.

3.  According to the letter, there are two possible issues namely:
a)  There are defaults, paying the minimum amount stated in the statement does not resolve the issue. You could be actually be over 2 months defaults in scheduled repayments for the past few months which could have resulted in the issuance of this demand letter.
b)  Any further defaults, they may really file an action in court. The letter stated "accruing payments" literally means defaulted monthly payments.

My suggestion is to contact the HQ directly to resolve any misunderstanding. Maybe offer a schedule of repayment comfortable to you.
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