Hi, have got the letter, and i will be sending my version tomorrow. Will keep you informed what i get back. thanks ringodyle

Hi, on all the income and expenditure forms it requests my partners income. Thats fine but the debt is mine alone and she never has been part of it. I do not take any of her income and we share 50/50 on costs. Is it necessary to declare her income on these forms?

Thank you, i will give them a call tomorrow. I will post where it leads. I cannot tell you how appreciative i am for the advice given. ringodyle

Hi there, the original loan was 1998 but as i was a self employed building contractor i renewed it several times, the last being 2000.

Goodness that was quick, thank you. The PPI was paid but very erratically. Basically i would submit the medical information requested then wait for payment. This lead to premiums being deducted from account whilst there were no funds to cover them. All the usual penalities were then applied. The PPI would finally payout but by then i had racked up charges which were added to the debt. Tis pattern repeated over an over, until i stopped paying anything and cancelled the PPI as it was making the debt worse not better. The bank then removed some £3600 from the loan as they said this was a refund of the PPI. I felt i had no option as due to its unrealiabilty, the action i took brough the escalation of debt to a close. All correspondance i recieve up to this day warns me "interest contiunes to accrue but is not applied", so i feel i jumped out ot frying pan and into the fire.

Hi there, I have never used this site before so please excuse me if i get anything wrong. Basically i do not know what to do? I had a loan with NatWest up until 2002. I was taken ill and had to stop work, the PPI was heartily unrealiable but the speed at which the premiums were taken remained the same, in a nut shell with only benefit as an income i was forced to default the loan to bring it to a close. Since then i have been tranferred through every debt recovery unit they have and finally with a company called Shoesmiths. I have battled ever since 2002 and am well again and working. However my income is hugely different. With charges and interest the bank claim i owe them £19000. I have no means of payment and currently give them £25 per month. The pressure is relentless and can see only bankruptcy as a way to bring this to close. I once offered the bank £15000 as a settlement, they refused and i no longer have acces to the money and to limit damage i sold my house and used the equity to settle £31000 with various other companies. Only Natwest refused and they are my single remaining debt. To Avoid repossesion threats i have moved into rental accomodation. I am not financially minded and simply do not know what to do as i feel constantly on the back foot. I would be so grateful to anyone who has any ideas, as the threat of baliffs is on me again. Hoping someone knows what to do Nathan