three credit cards all defaulted ...HELP

[jadebarton]

Hi everyone, I have been reading the FAQ's but i need some info on my specific case. I have three credit cards all defaulted and with debt collection agencies. With all three credit cards i got into trouble when i stopped working and basically the debt spiralled becuase of the charges every month made by them until it got to the point where they defaulted me. so questions are :

 

1. How do i find out who owns my debt?

2. If for example one of the agency owes my debt do i write to them regarding claiming the charges or do i write to the credit card company still? ... and can i do this once the debt has been passed over?

 

3. what if i do go through the procedure with the credit card company..ie DPA etc and they say its nothing to do with them anymore.

 

id be so happy if i could get them to pay me back becuase the debt im paying back every month now is twice sometimes three times as much simply becuase of all their charges.

thanking you in advance

jade

[surreyscouse]

Hi Jade,

 

Quite easy this. You need to claim the charges back from whoever applied them. So if your cards have been sold to debt collectors you need to DPA the card issuer and find out what charges they applied. You then need to get them to refund you the charges. You also need to dpa the debt collection agency and see what charges they applied and reclaim back from them as well.

 

don't worry about the fact you no longer have the accounts with them as they need to provide the info as far back as 6 years anyway.

 

Who were the accounts with ? I may be able to point you in the right direction for contacts

[Janet-M]

If you find that the defaults was caused mainly down to penalties you can go to get the defaults removed once you have claimed your money back.

 

The best thing you can do is to use the search facility for DCA and read up on other peoples threads, as much as you can , to see all your options.

[jadebarton]

hi there and thank you for the advice. I didnt know you could claim against the DCA's as well..goodness.

the cards are Captial One, Barclays and Egg.

I have read some of the threads on these cards.

 

p.s at times i had problems paying the monthly payment(sometimes not able to pay at all) hence why the charges kept growing. Would this affect anything in regards to applying for repayment of the charges?? Could they not say well you defaulted .ie didnt pay so thats why the charges were applied??

 

i just want to cover every angle

 

thanks

 

jade

[Janet-M]

How you came to occur penalty charges does not come into it .The law is very clear on the fact that people can't profit by penalty charging they can only charge what it costs them.

[jadebarton]

hi there. i just remembered when my £200 limit credit card with capital one got to £1000 they refunded me £800 "to help me get back within limit" So what happens in this situation? Do i take that amount off the total. Or am i claiming for the entire amount of charges regardless of what they put back onto the card?

It seems very complicated if your case isnt straightforward... or has any variants.

 

thanks

 

Jade:-)

[barracad]

If you have had charges refunded previously, you must ensure this is knocked off your total claim.