Scared Witless

[citizenB]

Hi, I am new to posting, I have spent a couple of weeks searching the forums however feel as though I need some advice. Please say if I have incorrectly posted on this thread and I will move it.

Edited September 29, 2008 by citizenB
personal information removed

[Lula]

Hi, you are not being ignored, one of the debt management people will be along shortly

[citizenB]

Thank you so much. I have been catching up on some more reading and going cross eyed so much to take in .

[tomterm8]

Hi, CitizenB...

 

Well, first, can I check that the CCCS you are talking to is the consumer credit counciling service (i.e. it is a free service?)

 

We do need some more details before we can help:

 

1. What equity exists in the house

2. what are your monthly income / outgoings, before ANY of the credit is taken into account

3. What is the repayment on your secured credit

4. What is the repayment on your unsecured credit

 

Edit: BTW, although I'm the first of the debt bods responding, Lula has allerted five or six site helpers to the thread, so you should get some more help over the next couple of days:)

[citizenB]

Thank you very much for replying.

Edited September 29, 2008 by citizenB
personal information removed.

[tomterm8]

Thanks for that.

 

OK, does the mortgage repayment include the endownment on the mortgage?

 

Edit: can you summarise how much each unsecured loan is for, and who it belongs to?

[citizenB]

Thanks for that.

 

OK, does the mortgage repayment include the endownment on the mortgage?

 

Edit: can you summarise how much each unsecured loan is for, and who it belongs to?

 

removed indentifying post

Edited September 29, 2008 by citizenB
personal information removed

[citizenB]

post removed - too much information in one place.

Edited September 29, 2008 by citizenB

[tomterm8]

Hi, Citizen B,

 

Thanks for that. one of the things i was interested in is WHO owes moeny in each credit card.

 

Also, is the endownment sufficient to pay off the mortgage?

[citizenB]

Oops, my apologies, the top 9 debts are owed by my husband.

Edited September 29, 2008 by citizenB

[citizenB]

bump

[The GodMother]

Rite l think what you need to do is stop using all cards if you have not already done.

 

One thing l would also do is sent all credit cards a CCA request.

 

You have done a bit of reasearch on this which is good.

 

I dont know if the personal loans will also be CCA covered as l have never dealt with personal laons before.

 

Chrissi

[Curlyben]

Don't panic we have a plan.

Now this will involve a flurry of activity and some serious letter writing, but should pay off in the end.

 

To business.

1/ NEVER talk to any of these "people" on the phone as they will say anything to secure payment.

2/ For all the DCA's you must ensure they have the legal right to collect on these debts. This is achieved by requesting a copy of the Signed, Executed Credit Agreement via a Consumer Credit Act (CCA) request.

There is a template letter to be found here: http://www.consumeractiongroup.co.uk/forum/general-debt/20758-creditors-dcas-letter-templates.html

Letter N.

Is it important to start the letter:

I DO NOT ACKNOWLEDGE ANY DEBT TO YOUR COMPANY in Big Bold letters. DON'T sign this letter simply print your name at the bottom. Best to send the fee as a postal order and recorded as there are time limits.

3/ Send a CCA for all the others to check exactly what was signed for on the agreements. PPI, etc.

4/ Once the agreements start rolling in scan and post them here and we'll help with them.

5/ If you've got here, it's time to sack CCCS as I don't think they have your best interests at heart

6/ Any PPI, charges, etc must be reclaimed as this will reduce the overall balance of the accounts. This is quite straightforward and involves a SAR to each lender for all the account transactions and anything else that is needed.

7/ Start to enjoy life again.

[citizenB]

thank you.

 

All cards were shredded both DH and mine in October.

 

I posted CCA letters to DH's creditors on Tuesday.

 

 

 

Will send out balance of CCA letters today and keep you updated on this thread.

 

Again, thank you

Edited September 29, 2008 by citizenB
removed personal information.

[tomterm8]

In any case, I would suggest that whatever happens, you pay secured debts and your basic living expenses first, and DON'T surrender your endownment policies until they complete normally, if at all possible.

[citizenB]

In any case, I would suggest that whatever happens, you pay secured debts and your basic living expenses first, and DON'T surrender your endownment policies until they complete normally, if at all possible.

 

 

Ok, will keep the endowment on the back burner for the time being. Many thanks to everyone who has taken the time out from their lives to help me sort mine out. It really is very much appreciated. x

[citizenB]

[The GodMother]

How is this going now?

 

Have not seen anything of the OP since january on the thread.

[citizenB]

Sorry Godmother.. I started to update this earlier then realised I had a hospital appointment and had to shoot off.

 

 

UPDATE:. All the debt figures below were as at the date of joining CAG. These would have gone up or down over the last few months depending on whether the creditor has continued to add interest or not and where payments have been made. I have added the link to the individual threads for current updates. Thank you xx

 

 

HSBC - Personal Loan

 

 

Co-Op - Personal Loan

Still waiting for CCA, there has been no response from the company at all since they signed for the CCA request. No independant thread for this yet.

 

BOS - Personal Loan

Still waiting for CCA, there has been no response from the company at all since they signed for the CCA request No independant thread for this yet.

 

CAP 1 - Credit Card

A document was received and I assumed that it was correct. A monthly reduced payment based on percentage of debt/ income balance has been made. However, have since been advised paperwork not correct so I will wait and see if they start to get nasty before making any further decision on this one.

[/url]

 

BC VISA - Credit Card

Document sent is apparently an application form. I have made a complaint to FOS and TS. Have been given reference number from FOS. TS not acknowledged email yet. Received telephone call from Local T/S 23.04.08. They requested copies of all paperwork I had including dodgy CCA and Default notice Posted today, 24th April. I splashed out on a Special Delivery fee so it will get there tomorrow.

 

BC M/CARD - Credit Card

CAGers agreed this was an enforceable agreement. A reduced monthly offer based on percentage of debt/income balance has been made. They are still adding interest and charges and I will make a claim for those soon. This thread has been merged with Visa as above.

 

HALIFAX - Credit Card

No CCA received. 31.03.08 received package dated 3rd March, sent 2nd class Mail. Documents included were an APPLICATION form and current T&Cs. A "You have not complied" Letter sent immediately. 12th April, received a letter advising that "My complaint, was being handled by one of their Advisors They require 4 weeks to respond to my complaint. Have received a Default notice and Formal notice this morning. Have put copies in thread for comments please.

 

TESCO Credit Card

Tesco have been reasonable from the first HELP letter. They have frozen interest, no charges added and are accepting reduced monthly payments. No independent thread.

Edited September 29, 2008 by citizenB
personal information removed

[blue4ever]

Bump-

[citizenB]

Thank you blue4ever. I do like your little avatar x:)

[blue4ever]

Hello thanks for the rep:grin: i`m sure someone will be along soon to help you out.

cheers paul

 

 

-----------------------------------------------------

Any Advice given by me is based on solely on my experiance or opnion. I have no Legal background.

If i have helped in any way please feel free to click my scales

Thank You blue:grin:

[blue4ever]

Hello though i`d give your tread a bump:wink:

[citizenB]

Hello though i`d give your tread a bump:wink:

 

Thanks blu4ever, very kind of you:) . I think there are lots of visitors to the thread, but they tend to post on the dedicated links rather than on here which is just an update.

[blue4ever]

OPPS didn`t see the links Sorry:oops: