hi

I'm new to this

I have been with a debt management company for a few years and have huge debts mostly Lloyds loans.

Some had ppi which I have claimed back over the years should I of tried to claim as I have been off sick since 2003.

i have read i can request agreements what would this achieve?

whos the DMP with?

stepchange I pay £85 a month

some joint debts

some separate I'm married.

most are Lloyds sold on to cabot

some mbna couple of credit cards

an overdraft

all interest frozen

we are both on benefits now due to ill health.

What can I do?

Thank you for reply

list your debts please

original creditor

amount owing

who you pay now

what type of credit

when you took it out

what is the defaulted date from your credit file.

Lloyds tsb cardservices £13000=cabot credit card

Lloyds tsbcardservices £12800=cabot credit card

Lloyds tsb loan £11200=cabot, loan

egg loan £8560 = apex credit management, loan

egg card £8378 =link financial outsource, credit card

Lloyds tsb loan £5878 = nco cabot, loan

mbna loan £5776 =cabot financial, loan

Lloyds loan £5216 = idem capital securities, loan

Lloyds £4137 = cabot financial, overdraft

mbna limited £1750 1st credi,t loan or credit card,

Ive paid £16000 towards spread fairly between them since 2008

joined debt management in feb 2008 all debts were prior to this approx. year leading up to it

where do I find defaulted date please? I think they are all off my credit file I'm not sure of the other answers

haven't you thought it really really strange that LLOyds didn't take you to court and crush you for £34k debt but they chose to sell it on to a non powers DCA?

Send everyone you pay a CCA request

you are I bet being cash cowed onmost of your debts.

and as they are not on your credit file

the defaults are older than 6yrs so can never return

ouch! you are going to feel rather silly in 6mts when this is all over

Will nothing happen

I wont go to court or anything

my worst dread was loosing my house

I had brain surgery 4 years ago

I'm lucky to be alive

My debts drag me down every day

thank you

I wont feel silly

ill feel amazingly happy if I had no debt

well get the ground work done and this could be whole lotta worry off your mind.

they most certainly cant do court without an enforceable agreement.

ill have a guess here too that you've been or did talk to all these fleecers at one point or another over the phone?

or was it you read all the threat-o-grams the wrong way..omitting to notice they all said may/could/might/instructed

and not WILL anything?

don't forget a DCA is NOT A BAILIFF

they have no more legal powers than you or I

if we think someone owes us money

and that's to issue a court claim

yes ive spoke to them all over the years

they have offered f&f settlements on occasion that I have tried to borrow to pay unsuccessfully as it was still to much to borrow.

Thank you

starting to see light at end of tunnel

just a few questions

what do I do first?

cancel stepchange?

Do cca to them all?

is the overdraft debt the same too?

I understand the different sections but which is my first step?

Thank you

as post 6 CCA request to everyone being paid via stepchange

on the OD just ignore cabot for now.

yes i'd cancel stepchange

get an sar running to Lloyds too

just to clarify the dca are the ones I send cca to or original lenders ?

do I use the original account numbers?

then a sar to Lloyds sorry

I'm still trying to absorb info

what will happen if they have paperwork?

 

 

just to clarify the dca are the ones I send cca to or original lenders ? to whomever is being paid thru stepchange on a debt

 

do I use the original account numbers? - yes

 

then a sar to Lloyds sorry - yes get all the statements they hold on everything they gave you.

 

I'm still trying to absorb info

 

what will happen if they have paperwork?

if 'they' reply to a CCA request.

you scan ALL the returned paperwork up

and go start a new thread in the named forum of the ORIGINAL CREDITOR which can be accessed by hitting the top main forum tab and scrolling down

and let us see the return.

Ok thanks again

ok im nearly ready to start

the account numbers are for dca not the original debt

do I need to tie it in to original debt or just do cca to dca they have all been bought out over the years

Also finally what about joint named things

is the SAR able to do in joint names or separate for each or us it was a joint account overdraft?

on a CCA request you ALWAYS use the ORIGINAL ACCOUNT NUMBER

as for the SAR

you both sign it as there are joint A/C's

Thank you

CCA request to all. I guarantee you can forget about each loan cabot is involved with. They dont chase legit debts. Depending on the outcome of the CCA, you can wipe of almost 50k of your debt for the cost of maybe a tenner.

Ive cancelled my d/d to stepchange

do I need to speak with them or wait for them to realise?

I'll be posting cca"s off tomorrow.

Tell stepchange you want to go it alone. Get those CCA's off asap. I guarantee we can help you wipe off many thousands off that total amount, if not close to all of it.

Just make sure youc ome back here every step of the way so we can give you the advice you need.

I will this will be life changing do I just post on here what happens I don't know how else to contact you? Its like a dream!

post 12 states what to do.

on average we gat about 2 people a month here that come with exactly alike scenarios as you.

they blindly pay whomever they are told to pay.

they think DCA's are bailiffs and get mega scared and panic and run off to these DMP providers

be them free or fee paying.

whats not realised is:

1.they NEVER do any checks whatsoever, into the LEGALITY of any sums demanded.

2, they nearly ALL get paid a secret commission from the people you owe money too to get the funds flowing .

we nearly always find that 90% of the debt being paid are not even legally owed.

I will this will be life changing do I just post on here what happens I don't know how else to contact you? Its like a dream!

Yes. Keep all info as per post #12

Dont add any personal identifiers, But make sure you come here if you have any questions. Follow DX's advice in post #12 so you can keep your debts separate and they wont get muddled with others. We can help you through this. It might take a small while, but you'll soon be debt free.

To add to whats been said as well, nothing we do is against the law, it wont cost you anything by various companies charging you. The procedure we help you with is actually laid out in law and regulation. Its something the backstreet DCA's dont tell you, mainly because they are all very very VERY shady. They want your money even though theyre not legally entitled to it, nor are the debts legally enforceable in court.

We want you to keep the money and learn from it so if it happens again, youre more knowledgeable in what to do>

Again, going by your list of debts, it should be straight forward to get it sorted.

Create a new thread for every single one of your debts please as per post #12 and provide as much info as possible such as dates, what happened, whose chasing you etc. The more info the better.

I will of learnt a massive valuable lesson

would it be worth me looking on Experian signing back up

I don't know about default stuff offhand.

I have amazed myself finding all the account details and posting it all off today

I'm not very technically minded

I'm not sure if Ill cope with stress

ill do what you say take a step at a time.

I presumed as I borrowed the money I would have to pay it back.

no need to pay for any credit files anymore

noddle clearscore

experian are all FREE now

I doubt ANY of your debts show anymore

I will of learnt a massive valuable lesson would it be worth me looking on Experian signing back up I don't know about default stuff offhand.I have amazed myself finding all the account details and posting it all off today I'm not very technically minded I'm not sure if Ill cope with stress but ill do what you say take a step at a time.I presumed as I borrowed the money I would have to pay it back.

I admire your morals. But you need to throw them out of the window now and think about legalities instead.

I sent cca to all of the dca

ive heard back from 2 saying it will take a while in the meantime do I have any info I can send!

its been just over a week

the two ive heard back from are not cabot.