Jump to content

 

BankFodder BankFodder


  • Tweets

  • Posts

    • So a little update;   Of the 6 letters I sent 3 were acknowledged. One accepting £1/month for now and two from the same creditor trading under different names asking for full I&E which I haven't done.   In a moment of madness I managed to depsoit 5k to a gambling site I didn't have due to paypal's crazy policy of allowing payments which are to be collected by direct debit after a couple of days to gambling sites! Mad they allow this but this will show as a negative paypal balance (in a different account to the original "debt"). The first paypal -£5k account has been closed and passed to a DCA now. I have ignored them.   My council has appeared to have stepped up their collection efforts for £2.5k in alleged housing benefit overpayment from 2015/16. I have acknowledged their letters over the past 3 years each time by email but they rarely respond to my pleas. I truly think if there was overpayment then it was for less than half the amount they claim. At the time I didn't think I was being overpaid because I wasn't really working but I had stopped claiming JSA/ESA (and told them as much) but earned a couple of hundred pounds a month from sporadic work.   Also what I thought was a dormant debt from 2016 to Halifax has been actually sold ( to caboot? I think. Hard to keep track of everyone)   I've been getting phone calls daily but ignoring them for the most part. I did request all communication in writing in my original letters.   I feel incapable of dealing with these creditors and whilst initially I was feeling that I would be happy to just ignore all the letters (arreas, defaults and the like) and phone calls for an indefinite amount of time and  hope to make it 6 years to statute barred-ness and accept or defend any CCJ attempts that did arrive. I figured that avoiding these creditors for 3 months so far is 5% of the way there to statute barred! But I figre for these fairly sizeable amounts they probably won't all let it go and I will get some CCJ docs (never had to deal with that) However now my mood and thinking has changed.    I am looking again at insolvency. I'm over the DRO limit now so its BR or nothing. I was wondering why you said to not consider this and it would be stupid @dx100uk? Although shirking my debts/responsibilities it does seem like an "easy" way out at the moment. It would be so nice to know that what's done is done and to be able to draw a line in the sand and start again in a year or so and not have to avoid creditors or worry about what's coming next...   It certainly would help the environment what with the amount of letters that are arriving already(!) considering the first payment I missed was october/november (excluding the old halifax and council debts). I am exordinately stressed about it now even though I thought I would be already . Any advice would be great if it was to get my head out of the sand and contact people/do the ignoring thing and seeing what happens/reasons  to do or not to do bankruptcy for these unsecured debts?   Thanks      
    • Hi everybody   Had a knock on my door and was confronted by either a Bailiff or enforcement agent (not sure about the specific job title). When I opened the door he stuck his foot in so I couldn't close the door. I was video taping him so I took a few steps backward (to get him in shot) and he just fully entered the property despite me saying that I was denying him entry and he refused to leave thereafter.   Turns out that he was there to collect a court issued fine. I think from a Magistrates Court. He worked for this outfit:   www.marstonholdings.co.uk   The reason for the fine was something to do with "driving without car insurance". Now I had a cheap car a few years ago but it broke down and would cost more to fix than it was actually worth. So I sold the car for scrap and cancelled the insurance. Turns out you have to inform the DVLA when you scrap a car and them that it is no longer on the road (I was unaware). So this was the circumstances of the visit.   My question is did he have the lawful right to enter the property? I always thought these people were like vampires i.e. they can only come in if you invite them in.   tia Bear  
    • oppss again then if its the same person.   knows the road well so should know what the speeds are and where they apply..      
    • I have amended the pdf documents  02-20-2020-10_36.24(1).pdf
  • Our picks

Elaineb37

Am I on the right track?

Recommended Posts

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

Share this post


Link to post
Share on other sites

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


Share this post


Link to post
Share on other sites

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?

Share this post


Link to post
Share on other sites

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.

 

 


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

 

Share this post


Link to post
Share on other sites

thank you, letters all ready to go!

Share this post


Link to post
Share on other sites

remember don't sign anything


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

 

Share this post


Link to post
Share on other sites

nothing signed!

 

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

Share this post


Link to post
Share on other sites

12+2 working days

 

dx

 


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

 

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

  • Recently Browsing   0 Caggers

    No registered users viewing this page.


  • Have we helped you ...?


×
×
  • Create New...