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What to do about my debts


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I would like to begin by thanking in advance anyone who takes the time to offer any advice.

 

I was recently made redundant, and after a couple of months still have not secured a postion.

 

I have around £5K in savings which will last a few months.

 

I have a motgage with santander of £253k and unsecured debts of £45k

 

I did have a job, and was about to remortgage and repayed everything over 15 yeas, even had a mortgage offer from natwest on the table.

My question is whether it is worth doing a cca on the unsecured credit card debts...if im honest I'm not 100% sure what the rules are with them.... I figure this will make the £5k go further.

 

also is there any advice on mortgage deferral...and is it worth doing?

 

kind regards

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are your debts still with the original creditors

or are they sold and with powerless debt collectors

 

 

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... 

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Hi dx,

 

I would say they are with the original creditors . The only exception maybe one with Barclaycard which was originally egg, and mbna which was originally virginmoney... But I think this was a whole book move rather than a sake tinder collectors

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I was hoping you was going to list them please

 

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... 

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