As the end of year is coming I have been reflecting upon all the debts that I have
and been worrying myself sick knowing 6 years is around the corner when I originally defaulted.
I am out of work due to cancer treatment and started to worry about these debts again knowing 6 years is only a few months away.
Debt 1 is a Credit Card...£15,000 was taken out prior 2007.
It has been swapped from DCA to DCA numerous times and has been sold on to Vulture Company 1.
I have been paying each month £10 to the DCA of Vulture Company 1 and have been doing so for a number of years.
Not disputing I owe the debt as had card since 1996.
I am unsure what if anything they will do.
...Will they continuing accept this offer at this rate or go legal on me.
I have been complying with them and paying the repayments on time given my limited income.
I just dont want to open a huge can of worms by asking for a CSA on them
and if they find it they pursue legal on me.
Is it best to just carrying on paying until if I ever receive a solicitor letter off Vulture Company 1
threatening legal action to do it then?
Debt 2 is another credit card....£3,000 was taken out AFTER 2007.
It currently is still sat with the original creditor and I am paying them £5 a month.
I am paying them via a DCA who pays the creditor.
I assume they will sell this debt on at some time and been reading it could be a terrible company that they could sell it on to.
I am aware I cant do the CSA request on Debt 2 as its after 2007.
But with these I have been paying what has been agreed to the DCA monthly and on time.
I am just worrying myself sick about these debts and controlling them all.
I have done what I can paying them and not hiding away given my income.
But if my income stays the same I cant see them keeping accepting this level.
What your thoughts to ease my worries on it all......