Dryden/max recovery - outstanding Mbna and Hsbc credit card and loan - been blindly paying for +8yrs now

[Riggers0162]

Hi All,

 

Hopefully this is posted in the correct place? 

 

It’s been over 5 years since I received such fantastic help from you all with a number of debts I had for which I will always be great full for.

 

I managed to clear a Leeds and Holbeck shortfall, various issues Cabot and Egg to name but a few.

I managed to clear my credit file and finally get back on the property ladder. So thanks again. 

 

I have moved on and have have been living a stress “ish” free life with the Majority of worries left behind.

 

Now this is entirely my fault but yesterday I received a letter from Dryden Fairfax solicitors asking me to update my financial details. (The only one I never really dealt with) 

 

The history of this is as follows.

 

Initially contacted back in 2015 for an outstanding Mbna and Hsbc credit card and loan that had been passed to Max Recovery. Then passed to Dryden.

 

At the time I was new to this and stepchange were helping me and advised me to send an email in to all  creditors “acknowledging” the debts and offering them a £1 a month token payment which I did. I received an acceptance From max recovery stating I must pay £1 a month Until my circumstances changed.

 

I have continued to pay this for the last 8 years with little if any contact. Other than statements.

 

Nothing has ever appeared on my credit file. 

 

I never sent a CCA request. And just continued the payments and forgot about them. Which you could say was just burying my head in the sand! 

 

I don’t know if any thing has changed but ideally I want to put this to bed if I can I have since moved on and I’m in a better place both financially and mentally and I’m now panicking again! 

 

So my questions are as follows.

 

1. Can I still send a CCA request even after all this time despite the fact I sent an email “acknowledging” the debt and the fact I’ve been making payments? 
2. Should i update the financial questionnaire or ignore again?
3. Idea ideas how to proceed now I’m in the position? 

 

 

 

Any help will be much appreciated once again.

 

X

[AndyOrch]

1. Can I still send a CCA request even after all this time despite the fact I sent an email “acknowledging” the debt and the fact I’ve been making payments?  Yes
2. Should i update the financial questionnaire or ignore again? I wouldn't your not at liberty to comply
3. Idea ideas how to proceed now I’m in the position? Depends on how you respond to points 1& 2 above.

 

Andy.

 

 

.

[Riggers0162]

Thanks Andy hope you are well? I remember  you were a great help in the past.

 

did you mean “I would”  Or “ “I wouldn’t” reply to financial questionnaire.

 

many thanks x

[AndyOrch]

Wouldnt...corrected....only a judge can order you divulge your personal financial position...not a DCA

[Riggers0162]

Great thanks,

just not sure if I should send the CCA or just continue paying and ignore it’s a difficult one and can’t really see anybody with a similar case and  timescale as mine. I suppose I have to make a decision just don’t want to open a can of worms! 
thanks x

 

PS they also have my old address I didn’t update when I moved this year should I given them an updated address or not? 

[AndyOrch]

To be honest given that you are continuing to make payment why bother but I would update your contact details...you don't want them serving a claim to a previous address.

[Riggers0162]

I see yes thanks, mail is currently being redirected so I better update my address. 
I suppose I can just ignore the financial details request update my address continue paying and wait for the next move. If I receive anything more serious I could then request the CCA? 
 

thanks x

[dx100uk]

are they aware by writing from you of your correct and current address?

appears so if they are sending statements?

 

if so i would simply STOP ALL PAYMENTS.

and ignore everyone totally until/unless you ever get a letter of claim.

then comeback here.

 

dx

 

[Riggers0162]

Hi,

 

they are not aware of my new address.

sorry I didn’t explain. I moved house nearly a year ago so latest letter has been re-directed to my new address. They currently don’t have my new address? I take it I should update them as Previously recommended.
 

thanks x

[dx100uk]

Yes each debt owner, in writing by royal mail 

2nd class mail will do 

Get free proof of posting from any po counter.

 

Stop all payments.

 

Dx

[Riggers0162]

Ok thanks, will stop paying open a can of worms and to rattle their cage? 

[dx100uk]

sounds to me you've allowed yourself to be cash cowed for years

blindly running the SB to infinity.

 

it cant harm you to no pay and see where they go.

 

dx

[dx100uk]

8 hours ago, dx100uk said:

ignore everyone totally until/unless you ever get a letter of claim.

then comeback here.

 

[dx100uk]

the hsbc card and loan would have i bet been turned into a 'managed loan' and then dumped into you bank account as an OD?

 

readup on managed loan in the HSBC forum.

 

 

dx