Spoke to DMC yesterday, asked for the latest details that my payments were based on and noticed some of my monthly spends were not included. The advisor said that they were not included because they dont deal with monthly payments of less than £80. So when a monthly payment figure of £80 was reached they didnt include any more of my monthly spends to offset against their figure because it would have reduced my monthly payments to less than £80. That disgusts me, its about their income and not about what I can afford to pay. Good riddance.

Hi again. Its the next day and I have sent the default notice letter as above to Hillesden Securities by recorded delivery. Thanks to debt4get. Tomorrow I contact the DMC and send them on their way. I hope I can do the job. Will tell you what transpires. Again many thanks. Ruff.

Many thanks friends, I will copy the letter and send it Hillesden and await their response. I will also sack the DMC who have recently increased their cut of the payment to £30 a month. I will return with updated info when when available. Again many thanks Ruff

Hi Elsa, Sorry no contact for a while due to age and disability (75 this month and damaged spinal cord) unfortunately I havent been able to pursue matters yet. I have to date received 6 monthly letters from Hillesden Securities saying that they are still pursuing a copy of the original agreement from their client HBOS and will provide it when it becomes available. From what I read the next step would be a letter to them saying that they are in default. Can you confirm this for me and indicate what the outcome could be and what my next step would be. Sorry to seem so helpless but as I say age is taking over. Regards Ruff.

thanks to all for your advice, am going into action Monday. Have never received anything from either Hillesden or Halifax except demands from Hillesden........no copy of agreement.........no notice of assignment.....nowt. Just promises that they are still trying to obtain copy of agreement from Halifax. This has been going on for 6 months now since I requested copy of agreement along with £1 postal order. Thanks guys.

Hillesden Securities bought my debt from Halifax although I never received notification from the Halifax or from Hillesden. In December 2009 I asked Hillesden for a copy of the agreement. They send me a letter each month saying that they are still trying to get a copy of the agreement. I believe that they are in default and are doing nothing to remedy the siuation. What should be my next step and should I continue to make payments to them through my debt management company via their own debt collection agency?

Hi, No, they bought the debt from Halifax for about a quarter of the debt which would have been about £8000. But they then stick loads back onto the approximately £2000 to make about 400% for themselves over the next 22 years when I will be 96. Old git or what!

Hi, Hillesden gets £36.28 a month, DMP take £14 a month. At this stage would it be better for me to write to Hillesden and tell them that they are in default now due to not fulfilling my request, keep payments going and see what they do. I t just grieves me that they bought the debt for about £2000 and immediately bounced it up to over £10000. Incidentally I have never received letters of assignment of the debt, I was under the impression that Direct Legal and Collections were collecting on behalf of the Halifax. They are in fact Hillesden under another name. I only became aware of Hillesdens involvement when I got an annual statement from Direct Legal & Collections in October 2009. Its like the secret service.

DMC is Chiltern, Altrincham, Cheshire and yes they take a cut of the monthly payment.

Hi, I had a loan from Halifax, couldnt make the payments, they sold the debt on, I was contacted by Direct Legal & Collections and have made monthly payments to them through a debt management company. Got an annual statement from DLC which showed that Hillesden Securities are the creditor. I sent Hillesden a request for copy of original agreement on 9th December special delivery which they received on 10th December. The 12 days are up and no reply. Should I stop payments through Debt management company or carry on and wait to see if they go past the 30 days?

Hi Elsa, You nailed it there, they rely on the fact that we may not be equipped physically or mentally to take them on. I have paid up for four years, but now regardless of age and damaged spinal cord which affects every muscle I feel like part of a large army on the offensive. Cant wait for the next stage....................Ruff x

Incidentally didnt mention that I am 74 years old and under the current arrangement will be paying until I am 96.

Elsa thank you so much, Letters gone to Hillesden Securities and Cahoot with £1 postal orders. Will inform my debt Management Co that I have done this out of courtesy to them and to keep them informed what I am doing and will maintain the payments I am making through them for the time being (£80 a month). Still dithering but not as much. regards thowdcodgerat16 x

I have 2 unsecured loans, 1 with cahoot, 1 which was with Halifax but which they have sold to Hillesden Securities....total about £18000. I am paying through a debt management co (chiltern). Do I send letters requesting copies of the agreements to the creditors direct or do I get Chikltern to do this?