Am I on the right track?

[Elaineb37]

Hello

 

Long time reader of the forum and now my first post!

 

I have been in a DMP with Payplan since 2004 paying £200 a month  towards six debts with a  total starting balance of over £40,000.  All are long gone from my  credit file and are all with DCA either sold or managed, I don’t think any are with the original creditors, they have changed between DCAs many times I have printed off the full history for each debt  from Payplan in case I need it.

I realise I have been cash cowed and currently have an outstanding balance of £3,531 as follows:

 

Original debt                                                     now with                             current balance

Alliance and Leicester Loan                         Wescot                                  £276.12

Alliance and Leicester Credit card               Link                                        £174.89

MBNA Credit Card                                          Drydens Fairfax                    £1,165.01

First Direct                                                       Moorcroft                              £1,431.72

Co Op Loan                                                      Cabot                                     £266.10

Citi Bank                                                           Fredrickson                          £217.20

 

My original plan was to  go self managed, pay off the four smaller ones in full in January and then divide the £200 between the two larger ones and have those paid off in full within the year.

 

However having read through the forum recently I am inclined to see which if any are unenforceable.  I have my six letters and my six £1 postal orders ready to go but would appreciate any advice, anything I might have missed and no doubt further advice as the letters start to arrive!

A couple of points, I have claimed all the PPI I am able to, two years ago I received PPI from Santander for the Alliance and Leicester Loan, I supplied them with a  copy of my original credit agreement to do this.

 

First Direct were my current account bank at the time, their outstanding debt was rolled up and was current account overdraft, two loans and one credit card.  I also made a PPI claim two years ago against one of the loans and again supplied them with the original loan agreement.

 

Many thanks

[BankFodder]

Send the CCA letters off now.  I shame it wasn't done years ago.  This advice has been available here for at least 10 yrs or so

[Elaineb37]

I know and I was too scared to follow it!  

 

Am I right in thinking the advice is still not to bother with recorded delivery and to just ask for proof of posting for each?

[dx100uk]

yes just POP.

 

1st direct will be the HSBC managed loan syndrome whereby they merge everything in to a loan the dump it back into your current account as a giant OD that you never even agreed too. totally against all banking codes.

 

just make sure you sent the CCA to the CORRECT people

Moorcroft and wetcloths are NOT DEBT BUYERs

so sent the CCA to their stated client from their letters.

 

 

[Elaineb37]

thank you, letters all ready to go!

[dx100uk]

remember don't sign anything

[Elaineb37]

nothing signed!

 

When does the 12 + 2 days start running?  is it from when they received the letters or me posting them?

[dx100uk]

12+2 working days

 

dx