please help

[frazer85]

i have got £400 bank charges on my abby account for un paid direct debits they have sent me a 30day letter of default and i have not been able to find the funds to pay this i have about 10days left. what will happen if this is not paid and is there anything i can do. please help and many thanks in advance

[bp]

hi, i'm no expert but you could give them a call asking for more time. be honest as to when you can pay and how much. If you feel you can't pay the whole amount, make them an offer. just how much you offer to pay back will depend on your financial situation such as if you are on benefit.

 

 

I've just had to do something similar myself and asked the loan company to reduce my payment till my situation improves.

 

have a look at the debt section where it gives you more info including forms, letters you can send to debtors.

[frazer85]

thanks for that. problem is is that i am not on benifits etc.. i also have a mortage with the abbey so if there happy for me not to pay that and pay the charges i can do so.

[bp]

ok. but even if you are not on benefit, there are still ways of dealing with it. Make sure you have a look at the debt section on this site and you'll find that there are plenty of people in the same situation, myself included.

[frazer85]

thanks alot for that am just wondering if there is a standard letter that i can send of to them? been on the phone to them today explain i am not happy with it etc.. they have gave me the well i will see what i can do and will call u back...... doubt they will though

[fuzzgun19]

If i were you, I would go HERE, scroll to the bottom and choose the letter that says 'Ask your creditors to accept pro rata offers of payment on your debt' Then just alter the letter to your situation.

 

I used this letter with abbey also, it seemed to do the trick. I also included a budget sheet.

 

Hope this helps.