Have 69 k of credit card debt,

all other priority debts are been paid ..

...mortgage,securedloan,gas,electricity,council tax etc.

This debt had built up over time as husband was made redundant a few times in several years.

Have still been paying cards,

some I have been robbing Peter to pay Paul with.

Have defaulted by one month a couple of times but bought up to date.

My question is

can I ask for a CCA on accounts while I am still paying them or do I have to default

and if I do ask and they have proper documentation can they then ask for all monies under the agreement at once.

Thanks.

Kaze - Welcome to CAG

Take a step back and do this one by one.

Please list all debts and amounts and we can help

Its a lot of money but with the right information - We can help keep them at bay

.

 

My question is

can I ask for a CCA on accounts while I am still paying them or do I have to default - you can CCA at anytime but if they are post APR 2007 not much point really.

and if I do ask and they have proper documentation can they then ask for all monies under the agreement at once. - no

 

 

Thanks.

list your debts please as advised

type of credit

original creditor

when taken out

Also if you are struggling to meet repayments, ask your creditors for a payment break or a reduced amount for a set period. Never pay more than what you can realistically afford.

Thankyou,

barclaycard(mine)£10,500

lloyds(mine£)6,293

asda creation(mine)£8,000

mbna(mine)£ 348

fluid(mbna)(mine)£1307

mbna(rspca)(mine)£2573

halifax(mine)£495

bank of scotland(mine)£490

tesco(Husband)£6,450

post office(husband)£8127

lloyds(husband)£3400

barclaycard(husband)£6120

mbna(husband)£10,500

virgin(husband)£990

Do not know when taken out,some will be pre 2007 I am sure,have asked mbna to reduce payments or freeze interest even on the small debt of £348 but not had any help.Thanks in advance for help.

You can find out account starting dates by getting hold of your credit report.

As you may know,

it is very important to know whether they were taken out before April 2007,

because of a change to the consumer credit act.

If creditors want to enforce in court a pre April 2007 debt, they need to supply a copy of original consumer credit agreement, if you defended any court claim.

It is going to be a long process over years,

but if you can get hold of as much info as possible now,

it will help you understand how debt collection works,

what you need to do and hopefully avoid sny traps.

Original creditors don't tend to take court action themselves in regard to unsecured debts and instead sell on the debts to DCA's.

It is the DCA's that look to make money several years down the line.

If you own any property assets, you have to be more careful.

some irresponsible lending by the looks of it especially MBNA - so many accounts under their name// just a thought

checked clearscore and experian and both give no indication of when opened,do not go back further than 60 months.Any thoughts.?

just to underscore one important point..

can we 100% confirm that NONE of these debts are being paid to any Debt collection agency?

are have/are paying the original named creditor above direct till now?

That is correct,no dca involved at all,all to original creditors.

checked clearscore and experian and both give no indication of when opened,do not go back further than 60 months.Any thoughts.?

Contact original creditors for account start date.

Thank you ,will do.

why not kill 2 birds with one stone?

look in the debt collection section of our library

there is a letter there to offer £xx for XX mts send each one that

and add to the bottom cold you please tell me the date this account was taken out please

Have looked in that library and started letter to them all today ,just going to do income and expenditure to get ready to go,going to contact them all first for dates of accounts.

All of your advice and help is appreciated and makes me feel I am not alone in this nightmare.

If I work out my own payment plan prorota and oc accepts can they later change their mind.

I know some just offer token £1 payment to each creditor but is it OK to offer more.

very ok to offer more but KEEP IT LOW.

take control of your money DONT let them dictate

they either accept you offer

or they get £1PCM till you die

take control, DICTATE to them.

if any income is paid into a bank account [or other member account of the same group]

get it out of their hands them they cant offset.

go open a parachute account

Thanks for advice,just panicking so much.

dont panic. They cant do anything to you.

When I send income and expenditure to card companies,should i include copies of wage slips,tax credits ,child benefits or not.

No, you just provide a summary

no very very minimal information.

https://www.nationaldebtline.org/EW/steps/step2/Pages/Step_2_11.aspx

Read that as a guide. Its pretty much foolproof3

you fill it in. You keep the full copy, you give the budget summary to your creditors.

Thanks everyone.

Have overdraft of £ 2500 with bank,also savings of about £1805,overdraft limit is £3000,should I move some of savings to new bank account or leave to pay most of overdraft off and just start afresh.Advice please.

Overdrafts are very bottom of the pecking list...who is the account with ?

Andy

lloyds,also got credit cards with them too,just wondering whether to leave something in current account from my savings account so there is less on my dmp.