Marc Gander - The Consumer Survival Handbook


A 220 page introduction to all things consumer related by our own BankFodder.

Includes energy companies, mobile phone providers, retailers, banks, insurance companies,debt collection agencies, reclaim companies, secondhand car sellers, cowboy garages, cowboy builders and all the rest who put their own profits before you.

£6.99



Patricia Pearl - Small Claims Procedure - A Practical Guide


An excellent guide for the layperson in how to use the County Court - a must if you are intending to start a claim.

£19.99 + £1.50 (P&P)


Results 1 to 5 of 5
  1. #1
    Basic Account Holder
    Do you record your calls?
    You'll regret it if you don't.




    Follow Real_CAG on Twitter
    Cagger since : Jun 2018

    Posts
    2

    Default Deprivation of Capitol

    I have debts of over 8000 and monthly repayments of over 400 with ever increasing interest rates now over 40% on some of the debt and now I am struggling to meet living cost's and i am now getting depressed about the situation .

    My situation is that i am on the support part of Income based ESA due to 7 medical conditions : Stage 3 cancer which ended my employment ----Cerebal svd---Hypothyroidism--Severe asthma --High blood pressure--Costochondritis--Bilateral plantar fasciitis and now checking for metstatic cancer due to worsening bone pain and left side paralysis at night which badly effects my sleep.

    My wife works part time (10 hrs per week ) most of earnings is taken away from my ESA payment and the remainder about 11 just covers my fuel cost to take her to work each day. I have one child aged 13 and one aged 19 at University living with us.

    About 3 months ago i contacted my private pension provider about accessing my pension earlier and they confirmed that my medical conditions met this criteria but i would need to fill in forms and have them signed by my doctor .I have done this and now have received information from my pension provider that i can withdraw my entire pension pot of 29000 minus bonus penalties and tax liabilities .

    My question is i want to clear all my debts --purchase a reliable car as mine is 13 years old with little or no chance of passing an mot in 2 months time and use some of the remaining money to purchase a funeralicon plan .I also require some medical aids to help me at night as i sleep on the floor on a matteress in the frontroom as i cannot access the stairs at night due to balance issues and i need to the toilet 2 or 3 times a night .

    I have been advised that my ESA will stop as they will see me using the money as deprivation of capital and this is why i am asking for advice as i have know where else to turn to now if this is the case .


  2. #2

    Default Re: Deprivation of Capitol

    lets deal with the debts first
    who do you owe what
    you shouldn't blindly be paying a DCAicon on a debt?
    have ever sent anyone a CCA Requesticon

    tell us about yours debts

    PLEASE REFRAIN FROM HITTING 'REPLY WITH QUOTE' IF YOU ARE SIMPLY REPLYING TO THE LAST POST IN A THREAD..JUST TYPE!!
    it makes a thread twice as long to scroll through..save data download times and costs
    If you want advice please PM me a link to your thread. PM advice is not allowed!!
    DX
    RIP Martin3030

    Follows
    1
    Following
    0

  3. #3

    Default Re: Deprivation of Capitol

    Quote Originally Posted by dx100uk View Post
    lets deal with the debts first
    Agreed. The first step would be to write to the creditors asking them to freeze the interest and then looking at reclaiming any unfair charges & PPIicon.

    PLEASE HELP US TO KEEP THIS SITE RUNNING
    EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS


    No... you can't eat my brain just yet. I need it a little while longer.
    Follows
    0
    Following
    0

  4. #4

    Default Re: Deprivation of Capitol

    To be fair dx and Mr.P, your not answering the question.

    Original poster..
    As long as you can show were the money went, ie pay your debts, purchase reliable transport, buy medical aids- maybe not essential but will make your life easier and the like you'll be ok.
    As long as the remaining balance does not exceed the threshold.

    What the DWP mean I your not purposefully getting rid of money to intentionally go below the threshold


  5. #5
    Basic Account Holder
    Do you record your calls?
    You'll regret it if you don't.




    Follow Real_CAG on Twitter
    Cagger since : Jun 2018

    Posts
    2

    Default Re: Deprivation of Capitol

    Thank you for your replies they have been helpful to a degree ----I have come to the conclusion if i stay as i am i will fall on my sword so to speak and if i take the money that i have paid in all my life i might fall on my sword anyway but least its some light at the end of the tunnel in relation to my financial situation and maybe a little help in the medical side as well with less stress.

    I will take the money --keep all receipts and be wise with what i purchase and keep them informed all the way of what i am doing and let fate run its course.

    Once again thanks for you replies.



Reclaim the Right Ltd. - reg.05783665 in the UK reg. office:- 923 Finchley Road London NW11 7PE
We use cookies to personalise content and ads and to provide social media features. We also share information about your use of our site with our advertising and analytics partners. See details