25k debt. Nasty phone calls. New on here...

[Flick46]

A huge amount of info on here, I am getting a bit confused.

 

I am £25,ooo in debt, two debts with Lloyds... one for £10k and one for £15k. a few months back I was offered settlement figures.

 

£4500 for the £10k one. And 10k for the big one, but only if I paid it within a week.... not going to happen that one. I almost managed to get the money for the small one but had an accident, £3k went on my work van. And am now getting phone calls from a scottish man telling me to borrow off friends and family or else... I do not get phased by this but it is annoying.

I have had this over my head for 5 years now, I am self employed and have a few times missed payments as I simply ran out of work and if honest not the most organised person.

 

Do I keep paying the monthly amount even if the debtors are telling my payment plan has failed???

 

I have NO money this month... due to my van being repaired and losing 3 weeks work.

 

What is the WORST they can do?? My credit rating is zero any way, I have no mortgage or kids or anything really.... I am tempted to just file for bankruptcy but I stumbled on this web site....

 

Thank you in advance.

[ODC]

Next time the ignorant Jock rings hang up. He is breaking the OFT Guideline by telling you to borrow money. The easiest way to sort these muppets out is to send the CCA letter.

[Undercover-Elsa]

Hi Flick 46 and Welcome to CAG

Others will jump in to help too, but in the meantime, when roughly were the debts taken out?

Were you sold Payment Protection Insurance with them?

 

Main rule: NEVER speak to them on the phone..they are breaching Office of Fair Trading rules by asking you to borrow more to pay the debt.

Keep everything in writing with these people as they will lie and bully on the phone to panic you into paying.

Elsa x

[debt4get]

the worst they can do...is send empty threats... you are a long long way from bankruptcy, make sure you can claim everything back that you can..unfair charges, ppi etc, this should bring down the capital. are these loans, credit cards ???

[Undercover-Elsa]

As ODC says, make them prove the debt by sending a request for a copy of the credit agreement. The template letter is HERE

You need to enclose a PO for £1 with each request (no cheques!) and print, don't sign your name on the letters.

They have 12 + 2 working days to supply it. If they don't, after this you can put the account into dispute and legally withhold payment until they do.

The worst they can do to you at the moment is take you to Court, where a judge will only make you pay what you can afford to pay.

[Bazooka Boo]

CCA request letter:Send recorded delivery, PRINT YOUR NAME never sign.

 

Give them the template letter linked below through the letterbox or chained door.

 

http://www.consumerforums.com/resour...ep-visit-.html

 

Tell them to leave as you have nothing to discuss and all communication must be in writing.

 

Tell them you will call the police if they don't leave immediately.

 

Remain calm and polite at all times.

 

Walk away from the door so the visitor cannot try and talk to you.

 

If they don't leave, call the police to report that you are being harassed and the visitor refuses to leave.

Telephone Harassment Letter;

 

 

 

OFT Debt collection Guidelines: Click on the debt collection guidance (PDF) in the link.

Boo;)

[mkb]

First thing is to request the CCA docs they may or may not have

 

http://www.consumerforums.com/resources/templates-library/86-debt-collectors/581-cca-request-letter

 

Send these recorded delivery with £1.00 postal order & print, do not sign.

 

They have 12 workings days from receipt to deliver them to you. If you get them, post them up on here after (removing all personal details) & be guided as to the enforceability of the agreements.

 

Send the telephone harassment letter as well

 

http://www.consumerforums.com/resources/templates-library/52-harassment/135--harassment-by-telephone-response-letter-

 

If you feel you must speak to them, record all calls

 

The Consumer Forums - TrueCall digital telephone recorder - the Rolls Royce of call recorders-

 

Do you have PPI as part of them as most policies don't cover the self-employed.

A little light reading for you here

 

http://www.consumeractiongroup.co.uk/forum/payment-protection-insurance-ppi/135060-mis-sold-ppi-want.html

 

If all else fails & the agreements are enforceable, you will need to do a budget planner & TELL them how much you can pay.

 

Good luck & shout if you get stuck.

[F_DCAs]

Who is this? AIC, by any chance?

[allswell]

Next time the ignorant Jock rings hang up. He is breaking the OFT Guideline by telling you to borrow money. The easiest way to sort these muppets out is to send the CCA letter.

 

 

That is a Racist remark!!!:mad: regardless of what he has said or done!!!

[ODC]

That is a Racist remark!!!:mad: regardless of what he has said or done!!!

 

Get off your soapbox. This was not nor was it intended to be a racist remark and I resent your accusation. I was referring to the person who phoned up and only him and certainly not the Scots as a race. I am of Scottish descent myself and do not think Jock is a Racist name nor is Taff or Paddy.

[allswell]

wel I am scottish and took offence!!!!!!

[ODC]

Well I apologise to you but the remark was directed at the Scottish Person who was so ignorant on the phone. You must be one of the few Scots I know who takes offence at the word JOCK

[allswell]

Apology accepted.

[Flick46]

Hey .... These loans were taken out in 2003 I think, and yes I do remember a payment protection something or other being taken out too. Excuse my vauge memory, as it was a while ago and my lack or memory and paperwork and letter opening got me in this mess...

 

As it stands today - Acc no 1. £13,000 with BLS collections. To pay £300 to keep it on track, missed last months. Current agreement is £150 per month.

 

Acc no 2. £10,000 with Allied international. Scottish... err.. bunch. Call me ALOT. Stopped answering now. They are demanding a £2000 deposit this month then £150 min each month or will issue a CCJ.

I simply do not have that sort of money....

 

These are BOTH loans. BOTH from Lloyds... even when I was having trouble they gave me more money.... one was a Business loan the other was a personal loan to help the other one out, they said at the time.... I was young and so stupid.

 

Thank you every body.... I feel a heap better already, as NO one knows my situ.... Fx

[Flick46]

Sorry....

 

Lloyds no longer have control. They have been handed over to these guys.

[Undercover-Elsa]

Hi Flick,

As above, you need to send a Consumer Credit Agreement requests by Recorded Delivery to whoever is chasing you for them now. Remember not to sign anything.

After 12 +2 working days you can legally put the accounts in dispute and cease payments if they don't comply.

Keep us informed of any response

[F_DCAs]

A CCA request will stop AIC taking any kind of adverse action.

 

However, this won't stop the automated silent calls (when are AIC going to get fined for that?), though after you get about two or three of them and not respond, they'll stop.

 

If they phone and you do get a human on the other end (used in broadest possible terms!), refuse to confirm or discuss anything with them. You don't have to justify/explain/excuse or tell them anything verbally besides 'In writing only!'.

[debt4get]

.

 

 

They are demanding a £2000 deposit this month then £150 min each month or will issue a CCJ.

I simply do not have that sort of money....

 

my situ.... Fx

they can demand what they like you can only pay what you can afford, they also cannot issue a ccj only a court can do this, this is simply nothing but demanding money by threats.. personally Id report them for it..

[mkb]

 

Acc no 2. £10,000 with Allied international. Scottish... err.. bunch. Call me ALOT. Stopped answering now. They are demanding a £2000 deposit this month then £150 min each month or will issue a CCJ.

I simply do not have that sort of money....

 

Flick - only a court can issue a CCJ & you're a long way from that so please don't let that worry you.

 

Send the CCA requests & see what you get back after 12 + 2 days.

 

As far as anyone else not knowing, don't worry cos they won't know unless you tell them

[mkb]

Must learn to type faster LOL

[F_DCAs]

Yep. Report them to the OFT, and both yours and their local TS office (though don't expect any constructive action from Glasgow TS!).

[Flick46]

Thank you ten fold for your advice gang. I will send a CCA asap.

 

F

[PGH7447]

wel I am scottish and took offence!!!!!!

 

Can I have my ogate back then:)

[allswell]

Only took the fence, somebody else must have got the gate,sorry:D:D

[mkb]

Ooo - can I have the gate so that when I find a fence I can put it round my doorstep to keep it safe from the dreaded doorstep collectors?