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Difficulty in paying CC, now default notice served, go for CCA?


mickthespur
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Hi Mickthespur ,

 

There is no court in the land which will make you pay more than you can reasonably afford . Providing you work out and tell HSBC what you reckon you can afford to pay , and offer them these terms .... then you will ave shown willingness to settle and they can't get blood out of a stone .......

 

Just one point , if you haven't already done so , ... make sure your benefits etc are being paid into an account which has no connection with HSBC (called a Parachute Account ) .... so that they can't grab any credits that come in for your day to day living ...... which they're legally allowed to do under what's called 'Right of Set-off ....

 

Of course to give yourself a bit of breathing space you could send a CCA request , just to see if they've got the agreement .....

 

Also , if they pass the debt to one of their In-house DCAs (like MCS) ask them for copies of the agreement to prove their authority to collect ........... but at the end of the day , if there is a valid agreement and you pay what you can afford you can't go far wrong .....

 

and you know to come back and ask if you're in any doubt ....... :)

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Nemo me impune lacessit

 

 

Advice & opinions given by johnnymitch are personal, are not endorsed by Consumer Action Group or Bank Action Group, and are offered informally, without prejudice & without liability. Your decisions and actions are your own, and should you be in any doubt, you are advised to seek the opinion of a qualified professional.

 

 

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