Requesting Advice

[xdg996678]

Hi folks

 

I was wondering if someone could give me some advice on a situation

 

Its concernnig my father (now 73) - over the years he has never been 'good' with money or financial related decisions (his wife used to hold the pursestrings). and roughly every 6 months or so Myself or my sister have to get involved to sort out the mess that he is in.

 

Recently he had gone (at recommendadation) to visit the CAB with regard to his debts.

 

The CAB drew up a plan with his creditors for reduced payments to fit his situation (he had stopped shopping for food etc as he could not afford it etc)

 

Unfortunatly, one or two companies (namely Barclaycard) continued to pursue the matter even referring it to a DCA.

 

My father, who I'll admit gets very easily confused was pressured into making higher payments to them (higher by a considerable degree)

 

Now I am looking to sort this out for him, and I intend to tell Barclaycard that he will honour the payments as stipulated by the DCA nothing more.

 

I just wondered if they had acted illegally (I am sure it is imoral)

 

I am also considering looking into taking a financial power of attorney, as he is getting to be his own worst enemy, but I dont know where to start

 

Any advice would be greatly appreciated

 

Thanks, Gary

[rebel11]

Hi xd

 

Welcome to CAG

 

The guys will advise as soon as they are available. Is it possible for you to post the creditors and the amounts, so the guys can advise on the best approach. Also are there any Penalty Charges or mis-sold PPI to claim back?

[xdg996678]

Hi Rebel

 

Thanks for the reply.

 

I'm still trying to sort through all of his paperwork but it looks like £15-20k of debt, with around £120 per month available for repayments.

[rebel11]

Hi xd

 

Theres no rush, best to have the correct information. I take it that the £120 is pension monies.

[Guest]

xdg

 

....was pressured into making higher payments to them (higher by a considerable degree)

 

also, have a look at the OFT guidance on debt collection (currently under OFT review) for eg.

[ATTACH]24802[/ATTACH] eg para 2.6 f

Edited February 7, 2011 by Ford
typ

[victoria_siempre]

Hi xd

 

A PoA is a sound idea; it's quite tsraightforward.

 

See Home - Office of the Public Guardian

 

Information for Attorneys about Enduring or Lasting Powers of Attorney and ...

http://www.publicguardian.gov.uk/

 

love

 

vic