I took a loan out in 2007 but was made redundant in December 2008 my ppi paid out for 12 months. The last payment on 1/2/2010 i went and got some free legal advice and i got them to ring Santander on my behalf i stupidly agreed to pay £45 a Month they said they will not accept anything less. I was getting £50 a week JSA out of this i was paying Littlewoods, Argos, My board and a contract mobile. I made three payments then stopped because i couldn't afford it. I have paid of the contract mobile now and get £61 a week JSA
I ignored letters from Santander for abit and then offered a payment of £10 a Month for 6 Months. But i got a reply back from Debt Management And Recovery Services saying thank you for your offer of payment however we can't accept it . I just ignored letters from Santander I then recieved 2 default notices from them served under section 87(1) of the consumer credit act 1974.
I then got another saying this is a letter confirming the termination of your personal loan agreement with Santander and the balance will either passed on or sold to a debt collection agency for recovery.
Wescot credit services then started calling my mum answered and when wescot asked for me she said i will just get him. when i got to the phone i didn't answer any questions and just put the phone down had a few more calls but i just put the phone down if its them.
Wescots then sent me a red topped letter saying. We have been instructed by our client to collect the balance on their behalf I just ignored this letter.
I then got a letter saying FINAL NOTICE and our latest enquiries have now confirmed that you are still resident at this address again I stupidly ignored this letter and I have now recieved a letter from Nelson Guest And Partners Solicitors saying unless full payment is made or a suitable payment plan is agreed within 10 days of this letter further recovery activity will be undertaken. To prevent further action please ring wescot urgently. I have no intention in ringing them.
I don't know what to do shall i ask for a CCA. This is stressing me out so much i havent slept propley for a couple of days because i live with my parents and younger brother i don't want baliffs coming round and taking their stuff.