HELP!!! wescot....

[Dave 123]

Hi guys, im just looking for a quick bit of advice.

 

I have a debt owing to wescot credit services of just over £2000. I fully intend to pay it but have been ignoring their letters for the past few weeks. I'm a little scared to phone them incase i cant afford to make the repayments they suggest.

 

Can anyone suggest what the minimum payment usually is for an amount this large? I can only afford to pay about £50/month. Do u think they will accept this? Could i even offer £20/month??

 

Any advice will be greatly appreciated.

Cheers

dave

[citizenB]

Hello Dave,

 

Our advice would be DO NOT telephone them, keep all communication in writing, send all letters to them by recorded delivery post.

 

As for repayments, do yourself a budget sheet.. purely for your own information, then whatever you have left over you should pro rata any unsecured/non priority debts.. such as to Wescot.

 

I have attached a budget sheet for you.. it does all the calculations for you as well

 

 

 

[ATTACH]27676[/ATTACH]

[citizenB]

PS, I have also moved your thread to the Debt industry forums

[citizenB]

I suggest you also have a read of Sequenci's debt blogs, which are linked in my signature.

[Dave 123]

Thanks for the advice. I'm just wondering why I should contact them via post instead of by phone?

From everything I have read it just seems to be a way of delaying the repayment process.Is this the only reason for postal correspondence?

Also, if I were to write to them, can they demand a minimum monthly amount, or can I say that all I can afford is £20/month. Do they have to accept what I offer to pay?

 

Any further advice will be greatly appreciated.

Thanks

[nish40]

You only write so they respond in writing, thus you having proof what has been said. These companies will tell you anything over the phone you want them to, only to not stick to the plan made.

[Tootles1971]

Thanks for the advice. I'm just wondering why I should contact them via post instead of by phone?

From everything I have read it just seems to be a way of delaying the repayment process.Is this the only reason for postal correspondence?

Also, if I were to write to them, can they demand a minimum monthly amount, or can I say that all I can afford is £20/month. Do they have to accept what I offer to pay?

 

Thanks

Contact via post rather than phone because then they cannot intimidate you and make you agree to what you can't afford, As nish said, it also provides a paper trail so that you have in writing what you have offered and what they have accepted.

 

If it is in writing it can not be disputed by them later, which a phone call can (unless you have recorded it).

 

Once you have worked out your income, expenditure and the residue, write to them to tell them you can afford to pay them x amount, and will set up a standing order accordingly. As long as you are paying something you are not avoiding the debt. Nobody on here would advise you avoid a debt you genuinely owe. All the advice is to ONLY pay what you owe, and also to pay an amount you can actually afford.

 

If you are making regular payments and they do take further action, then by writing to them and insisting they only communicate in writing to you you have all the evidence you would need to prove you are willing to pay this debt.

 

Sarah

[harrassed senior]

Have you made sure that they have the legal right to be asking you for money, ie have they produced a NOA, or are they acting on behalf of the original creditor, IMHO by all means due the expenses sheet, but don't go wading in with an offer just yet. You say you have been getting letters, more information as to how old is this debt, when was last payment made, etc. would be a good start.

[Bazooka Boo]

I'm just wondering why I should contact them via post instead of by phone?

From everything I have read it just seems to be a way of delaying the repayment process.Is this the only reason for postal correspondence?

 

Rumbled on their second post?

[paulh1818]

Seems to be happening a lot recently...

[brokebutnotbeatn]

Some obvious patterns too. It's become a bit of a private game for me recently. most of the time I haven't the patience to respond as I'm so pushed for time anyway! x

[sir_gilmour]

Hi

Welcome to The Consumer Action Group.

 

 

I am just letting you know that as you haven't had any replies to your post yet, it might be better if you post your message again in an appropriate sub-forum. You will get lots of help there.

 

Also take some time to read around the forum and get used to the layout. It is a big forum and takes a lot of getting used to.

 

 

Once you start to find your way, you will soon realise that it is fairly easy to get round and to get the help you need.

 

It can be bit confusing at first.