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meepatme

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  1. Hi well I only just stopped paying anything and wrote to let them know the situation so first time I will be not paying onto the account. When I looked on my credit file I noted the cc open 2006 thus I have sent them the CCA now. With all the other debts being > 2007 I guess CCA those would be pointless till they get to DC. So far MBNA have sent a letter acknowledging the letter of hard time and stated no one would contact me for 30 days and asked me too fill in an Income and expenditure form. I guess I will fill this in and return next week.
  2. Thanks will post it out to the OD as iv only just stopped paying as the agreement will be pre 2007. Will wait on the rest going to DC before using more CCA's. Will see what they say not paying lenders anything till December more interested to see if the MBNA going fall foul of being unenforceable due to the CCA
  3. meepatme

    mbna cca request

    Well into first first few weeks of not paying my 4 lenders. Couple of sent dd forms bin. MBNA phones me and asked me to ring them deleted. Awaiting for official letter in response to my hardship letter no payment till December for a DMP to kick in. all debts are newer then 2007 except the MBNA as suggested I will wait the others to go to DCA before using any other CCA requests. using the template for MBNA is the address the one to use for sending this letter off to. The MBNA account was open 2006 and ive also read that most MBNA accounts pre 2007 are pretty much unenforceable. I owse 42k, MBNA is 6k. Be a small win in a big pool but a starts a start eh. Customer Advocates Office MBNA Limited Chester Business Park Wrexham Road Chester CH4 9FB Thanks Russ
  4. Looking to use the library templates for the ASK YOUR CREDITOR FOR A COPY OF YOUR CREDIT AGREEMENT UNDER THE CONSUMER CREDIT ACT and also will modify REQUEST TO MAKE £1 TOKEN PATMENTS FOR X MONTHS. Will modify the last template to advise of a 4 month break, plans to DMP with SC already in talks and request for interest to be frozen and timely defaults Due too a self managed pension pot I wish to keep bankruptcy or IVA as a last resort odds are it would be an IVA as this stops any issues in that area. a DMP and IVA would both last 6 years. The budget i did with SC was looking about 6.5 years to clear the debts. As the DMP is not a binding legal process the budget put forward would allow me to save 500-1k each month to try and position myself for F & F matters. If the world would play nice, lenders default and move the debts onto DC am hoping I can knock off 50% on average which would beat the 6.5 years estimated to get out of this pickle jar Noted re the consumer credit letters I will hold them back for sold on debts then Well battle starts, ty for the letter templates hacked together letter advising DMP to start in December please stop interest contact only by phone etc etc. Will send that out today. I spoke too SC advised of the late starting time of the DMP they would of preferred now but said call them in November and that should be ok. DMP set for December, 4 lenders advised no more payments dmp to start in december please stop interest. Objective is low DMP payment squirrel away saving to one day FF them on dc acquirement.
  5. Debts to hand: HSBC Loan 4,408 Sainsbury Loan 22,271 MBNA 6,453 Overdraft 5,000 Barclays 3,400 Never defaulted historic I have now cancelled all DD and moved some funds to a neutral bank account. Overdraft already sent first message of daily fines etc etc. I have been doing my research and had already applied to SC DMP plan. After further reading I intend to delay this for 4 months to allow one a emergency egg to build and two allow some room for some of these lenders to default. Am in a position where I could be saving 1k a month while not paying fee's . Most of the debts are less then 5 years old I don't think the consumer credit requests will help much. one cc is 2005 I will issue them all with consumer requests in the next day or so. LI will also send a letter over the next few days advising of difficulty, asking for interest to be stopped and to have some speedy defaults. I will outline a 4 month window and that am working with SC in this matter. Ideally I want to get into a position where they all default to stop this AR stuff I have heard of stretching this out for 13 years. Hope to freeze this interest off fairly quickly I will also put in my not to make this journey by mail no phone calls thanks you etc. All my debts are unsecured, I live with my partner whom mortgages this house. We are not financially linked. Trying to get in a position where these debts go to the debt collectors for F & F down the road. Thanks for hearing rambles I think I have come up with the best option atm. I reviewed IVA or bankruptcy but felt this route could be the best one if all lenders can default within 6 months so this isnt stretched out more then 6 yearrs
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