Offering F&F to multiple creditors. What to do next?

[wannabeedebtfree]

I am looking for advice on what I should do next regarding my debt. I would like to begin cleaning up my credit report and settle some of the accounts I own (most of which have defaulted). I know that these defaults will remain on my credit file for 6 years but I still wish to clear some of the debt.

 

Here is my current situation:

 

Type of Debt / DCA / Status / Balance

 

 

1. Overdraft /Moorcroft / Default (30/03/11) / £3274
   
2. Mail Order /Lowell / Default (04/01/11) / £1242
   
3. Credit Card / Moorcroft / Default (19/10/12) / £706
   
4. Credit Card /MBNA / Default (31/07/12) / £1153
   
5. Credit Card /Moorcroft / Default (18/07/12) / £7075
   
6. Credit Card /Moorcroft / Default (05/10/11) / £979
   
7. HP / HFC Bank / Late (2 Payments) / £278
   

(Moorcroft are currently "acting of behalf" of the original creditor.)

 

I have many issues with this debt. I have sent all OC a SAR request and I am awaiting the documents. I have also sent F&F and CCA requests to each. This is where the problems start. I am almost certain that all will be able to comply with my CCA request at some point.

 

- Moorcroft have not been able to provide a CCA as yet (requested on 31/1/13) for 3 of the accounts but I did get a "reconstituted" copy of my agreement along with a statement of my account and t&C's for one account ( this does not look complete to me?). They did respond to my F&F request on each account. I offered 26% of the debt, they offered 87%. I sent them another letter reminding them of CCA and to reconsider my F&F offer. What should I offer them next?

 

- MBNA have provided me with a) a 'copy of my executed agreements' b) up to date terms & conditions c) copy of my most recent statement (which shows the state of your account). They have not replied to any F&F agreement. Is this acceptable compliance with the CCA request? This agreement has my "digital signature" as it was completed online.

 

- Lowell have not provided me with anything. No CCA (requested on 31/1/13) and not responded to my F&F offer.

 

- HFC have also not provided me with anything. Responded to F&F by requesting proof of income (i.e payslips). Responded to CCA request (sent on 31/1/13) by requesting proof of signature and separate proof of identification before complying and they returned my £1 postal order. I have sent them a letter today (based on a template found here) advising them that I am not required to send this information and asking why they are happy to send statements and other sensitive data to my address but require proof of ID now. Where do I go from here?

 

[Note: all letters are headed "Without prejudice" and state "I admit no debt to your company"]

So, my new forum friends, where should I go from here? Does anyone have experience with these DCA's in particular?

 

I know this is a handful, thank in advance for your help.

 

Sven

[dx100uk]

hi wanna

 

you've made the best step already..sar'd the original creditors

 

thatway you can look see for any PENALTY charges and PPI etc etc to reclaim FIRST before an F&F offer.

 

IMHO i would start a new thread in the named forum for the OC as each SAR comes thru or each CCA from a dca related to that OC's debt comes through.

 

it will be better to deal with each sebt in a sep thread

else it will get MIGHTY confusing.

 

now you default issues...

 

sadly unless you can prove that the default [or are they markers?] was SOLELY down to THEIR PENALT charges

you are going to have a hard time getting the defaults removed

 

the only other way is once each ddebt is SOLD to a DCA, you negotiate an F&F on default removal & settled marker ONLY.

 

else, sadly tou will be wasting your money

 

even on a setlled debt, a default in its history, is as bad as a CCJ.

 

dx

[wannabeedebtfree]

Thank you for your response. I will start new threads for each account.

 

This will keep things more organised.

 

So if my accounts are already marked as defaulted on my credit report, you suggest I don't settle the accounts at all? Or offer £1 token payment for life or...?

 

Many Thanks

[dx100uk]

wel w need to get the info in first

 

you might not owe some anything.

 

dx