Jump to content


DMP & CCA Help Required


style="text-align: center;">  

Thread Locked

because no one has posted on it for the last 3097 days.

If you need to add something to this thread then

 

Please click the "Report " link

 

at the bottom of one of the posts.

 

If you want to post a new story then

Please

Start your own new thread

That way you will attract more attention to your story and get more visitors and more help 

 

Thanks

Recommended Posts

Hi everyone

 

I'm a newbie to this site having just stumbled across it. Wow I'm overwhelmed by the information so I thought it easier to ask for advice.

 

Firstly I'm on a DMP with Stepchange and have been paying it religiously for the last 6 years.

 

Original debt £40647.21, in the last 6 years I have paid £17271.00, balance = £23376.21

 

I want to clear this debt quicker, the DMP finishes in 2020 another 6 years. I work fulltime but don't have any savings, should I start to pick off the debts 1 by 1 and offer full and final settlements?

 

What is CCA that people are talking about? I'm a single mum with 1 dependent and work full time. My DMP payments are currently £300 per month but have previously been as high as £400. I can't bear the thought of another 6 years of a DMP.

 

Please help!

Link to post
Share on other sites

can you list your debts please?

 

ever thought of PENALTY charges & PPI reclaiming.

 

dx

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

Link to post
Share on other sites

Hi, I don't think I've had penalty charges and never paid protective insurance so those aren't really an option.

 

I've got a list of my debts, most are with Debt Collection Agencies now here they are:

 

Marlin Financial Services (formerly Lloyds TSB Credit Card) £4639.18

Barclaycard £4459.67

Allied International Credit (formerly American Express) £3112.91

Direct Legal Collections (formerly MBNA credit card) £2417.06

Apex Credit Management (formerly Egg Loan) £1821.38

Barclaycard £1679.19

Argos Card Services £1590.23 (only creditor not frozen or reducing interest)

Moorcroft Debt Recovery (formerly Citi credit card £1476.34

Studio Catalogue £1299.59

Debt Managers Ltd (formerly Next store card) £583.31

Santander (formerly Alliance and Leicester overdraft) £297.35

 

Apologies my DMP was set up in June 2009 with the then CCCS, I have never missed a payment since.

 

Many thanks for your help and replies.

Link to post
Share on other sites

Have any of these debts ever been challenged?

Any advice i give is my own and is based solely on personal experience. If in any doubt about a situation , please contact a certified legal representative or debt counsellor..

 

 

If my advice helps you, click the star icon at the bottom of my post and feel free to say thanks

:D

Link to post
Share on other sites

Has stepchange challenged them?

Any advice i give is my own and is based solely on personal experience. If in any doubt about a situation , please contact a certified legal representative or debt counsellor..

 

 

If my advice helps you, click the star icon at the bottom of my post and feel free to say thanks

:D

Link to post
Share on other sites

opps I smell a few cash cow accounts there

 

dx

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

Link to post
Share on other sites

paying for a debt to a dca

that you don't probably owe.

 

about 75% of DCa income is gained that way.

direct profit straight to their pocket

the actual debt never sees it

 

dx

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

Link to post
Share on other sites

Right I understand. Apologies, when I got divorced and ran into problems I opted straightaway for a DMP and have paid it ever since. I have no knowledge of CCA processes or anything else, very naïve on my part.

 

I'm spending some time reading the forums and trying to get my head around what to do, some of my defaults drop off this year. As soon as I was defaulted the majority of creditors passed it on to DCA's.

 

I'm thinking I should start the CCA process, but what about my payments to Stepchange? Not sure I want the hassle of people calling at the house or phoning but I suppose this debt isn't going to shift itself!

 

Thanks DX :-)

Link to post
Share on other sites

there is nothing to stop YOU

doing the DMP yourself

 

but I would NOT be paying ANYONE

that does not hold enforceable agreements.

 

I would suspect 75% of your debt will vanish overnight.

 

not uour fault

 

no DMP paid or freeever actually bother to check

anything on debts

they just take it as sread that the threats are real

and the debts are real.

9/10 they are NOT

and they are inflated with PENALTY charges [late over letter]

 

and

 

contain PPI that you were spoofed out of

or didn't even know you had.

 

you are not alone millions of people do exactly the same

 

DCA's ARE NOT BAILIFFS

and

have NO SUCH LEGAL POWERS

 

they just spoof people by clever letter

or by phone calls threatening everything

including killing your aunts budgie.

that ofcourse you nor they recorded

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

Link to post
Share on other sites

Great, I'm getting there!

 

Ok do I keep paying Stepchange, if not they are likely to throw me off their plan.

Do I CCA everyone, all the debts were taken out between 2000 and 2006.

 

I work for local Government, is this likely to further blacken my credit file and see me in Court?

Link to post
Share on other sites

great reason for getting PPI back them!

govt superannuation scheme & sick pay already.

 

once a debt has fallen off from your CRA file

nothing can bring it back.

and the debt will go of the cra file

on the defaults 6th birthday, regardless to being paid or not.

 

stepchange

as with most DMP's

will not allow you to remove

'individual' debts from the plan

as far as I know.

 

me thinks you've got a few shocks coming.

 

as to how wide this cash cowing effects you

 

dx

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

Link to post
Share on other sites

Ok, I'm not quite sure how to proceed, I appreciate your advice already.

I'm guessing this is going to be problematic in comparison to paying a DMP to Stepchange.

Like I say I'm not used to dealing with financial matters in this way, Pushing a boulder uphill springs to mind, but I fancy the journey down on the otherside!

Link to post
Share on other sites

Ok, CCA letters all prepared, just need to buy postal orders and then send them off.

 

I've decided to pay the DMP this month rightly or wrongly, that'll keep Stepchange off my back too. I'll post back once I start to get replies through.

 

Thanks everyone for the replies - much appreciated.

Link to post
Share on other sites

great

what i'd do

is as the CCA requests start to return

 

start a new thread in the named bank forum for the original creditor.

 

dx

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

Link to post
Share on other sites

 Share

  • Recently Browsing   0 Caggers

    • No registered users viewing this page.

  • Have we helped you ...?


×
×
  • Create New...