DMP - Confused whether to go for Full and Final or CCA??

[DMPHero]

We currently have about £6k outstanding of a DMP we have with Stepchange.

 

 

We have been repaying for about 11 years and had 1 year left

except my wife lost her job which knocked the payment right down

and now some of the creditors are starting to harass us.

 

 

BIggest concern is Barclaycard.

 

My parents have offered us £1800 to act as a full and final settlement

but looking around I came across this forum and 'Cash cowing'.

 

Now i'm concerned what the best way forward is.

 

Debts are:

WESCOT CREDIT SE... £1,331.49

LLOYDS BANK PLC £1,245.25

LLOYDS TSB CARDS... £1,106.58

MOORCROFT DEBT R... £457.56

CABOT FINANCIAL ... £365.77

WESCOT CREDIT SE... £339.64

WESCOT CREDIT SE... £325.57

BARCLAYCARD £324.52

Wescot Credit se... £261.24

 

What is the best way forward?

I remember CCA'ing Barclaycard previsously and they have the original agreements as do Lloyds.

[fkofilee]

Wescot dont do court...

Neither do Moorcroft...

 

Have you checked for PPI on these accounts? What are each of these accounts?

[DMPHero]

Basically in order

 

WESCOT CREDIT SE... £1,331.49 - Loan

LLOYDS BANK PLC £1,245.25- Loan

LLOYDS TSB CARDS... £1,106.58 - Credit Card

MOORCROFT DEBT R... £457.56 - Loan (Former Egg)

CABOT FINANCIAL ... £365.77 - Barclaycard (acting as agents)

WESCOT CREDIT SE... £339.64 - Credit Card

WESCOT CREDIT SE... £325.57 - Former Overdraft

BARCLAYCARD £324.52 - Credit Card

Wescot Credit se... £261.24 - Credit Card

[fkofilee]

Be weary of Cabot... they do do Court... But bare in mind if you have been paying and they try court... Then an I+E showing what you can afford will put them in their place.

Did you CCA Each one?

[fkofilee]

Oh Btw Welcome to CAG Good to have you onboard

[DMPHero]

Not each one, this was done a while ago when we were reclaimng PPI.

 

 

As we genuinely owe the money I wasn't sure CCA'ing would work with the ones that are with the original creditors.

 

 

All the debts are from the early 2000's, say 2002 to 2004.

[renegadeimp]

cabot dont enforce valid debts, or if they do its rare. Wescot and moorcroft wont go near court.

 

Get the CCA requests going.

 

Forget about if you genuinely or morally owe money for now. You need to find out if you are legally liable.

[dx100uk]

are any of these debts still showing on your credit file?

[DMPHero]

Only Cabot, the only one who ever issued a defaulted notice though was Egg.

 

 

Which has since cleared

[dx100uk]

well that's the only one that's harming you really.

get a CCA running

 

the rest can be dropped to £1PCM if you wanted cant harm your file again.

 

are you sure cabot are only agents?

I doubt it not been sold on

cabot will be collecting for their owners probably arrows not Barclaycard?

 

 

.

[DMPHero]

Will CCA them all and report back

[DMPHero]

What is the correct number of postal orders to send, is it one per debt or say in Wescots case would they only need one?

[dx100uk]

one per account sadly

don't sign anything

leave the PO blank

[DMPHero]

Thank you for that dx100uk. Sending today.

[DMPHero]

Reply today,

Moorcroft have applied to Arrow for the original agreement,

Wescot have transferred the debt back to Barclaycard and returned the postal order

 

 

one of the other Barclaycards is ignoring and charging £12 a month late payment fees even though we are on a DMP.

 

 

Any advice on that last one?

[dx100uk]

you need to question stepchange upon why the never negotiated the freezing of an accounts interest and the stopping of all penalty charges

which they should do.

I take this account getting the £12 fee is still owned by the OC, not a DCA then.

 

 

might confusing to have them all on one thread.

 

 

dx

[DMPHero]

Yes the Barclaycard one is still with Barclaycard

[dx100uk]

so what are you paying still?

if its with BC still, the original creditor.

i'd not kill the payment totally

but you can ignore the unlawful penalty fees, they are reclaimable

[renegadeimp]

So many of them are very likely unenforceable and you ever been cash cowed

[DMPHero]

Letter from Lloyds Credit cards operations today saying that with

 

"Regulation 3(2)(b) provides that a copy can omit any signature box, signature or date of signature. In summary we are not required to produce a copy with the primary cardholder's signature on it."

 

Does this mean that we are stuffed with trying to get a low full and final and the agreement is enforceable. No signed agreement has been sent just reconstituted terms and conditions

[dx100uk]

p'haps go start a new thread

on this Lloyds card

and separate them out