Dlc

[Docman]

Godyer

Can I just check the timeframe? Debt is balance from unsatisfied mortgage from FOURTEEN YEARS ago? But they contacted you after 4 years, ie TEN YEARS ago and you have been paying £12 a month since then?

 

If so, and you have no other assets eg house, and only part time job, I would seriously look at filing for bankruptcy. You would be bankrupt for a year and it would be on the credit files for a further 5 years but after that it would be a clean slate. Contact your local citizens advice bureau for details.

 

Don't send them details of your enployment. They would only want an Attachement of Earnings Order to force more pain.

 

I'd write back saying your are considering their suggestion and are going to seek advice. Tell them you will write again within a month. Nothing else.

[Godrer]

Hi Docman,

 

Yea timescale about right, started off paying £10 a month for 3 years then after a lot of pressure & threats I increased to £12 a month. Didn't have Internet then & no cab's around here, so couldn't get any advice, sounds like they are about to do the same again with pressure & threat's.

[Docman]

Have a look at the bankruptcy site by the Insolvency Service. That's the government department that deals with bankruptcies in England AND Wales. The link is The Insolvency Service Website.

 

There is some information about bankruptcies and a tool to help to decide if it is the best course of action. There are some forms as well but you will probably have to visit the Official Receiver in either Swansea or Cardiff.

 

Best of luck.

[Godrer]

Thanks Docman, will have a look at it & see what's best to do.

[vandermerwe]

Hi Godrer>. I didn't realise your situation was as complicated as it now sounds.

 

I've never had much faith in CABx anyway, but bankruptcy is a major step and I suggest you call the National Debtline (in English this time of course!) on 0808 808 4000 and discuss the pros and cons.

 

They have loads of fact sheets and the adviser I spoke to recently seemed very on the ball and offered practical help. They're a charity so there's no charge.

 

Keep us posted.

 

Regards.

 

Van

[Godrer]

Hi Van,

 

Thanks for that will give them a ring in morning & see what they say, will keep you posted, thanks again.

[Docman]

Hi Van, Godrer,

 

Yes, I agree bankruptcy is a very serious step.

 

Godrer, if you owned your home, had a business, a job that checked up on your finances (like a bank), or debts that could be repaid within a reasonable timeframe, I wouldn't suggest bankruptcy.

 

But if those don't apply, then you would be bankrupt for 12 months (and unable to get credit during that time) and you would have the bankruptcy on a credit reference file for 5 or 6 years. After that you would have a clean slate. As it is, you will have the debt around your neck for considerably longer.

 

Van is right though. The web site for the Insolvency Service can only provide the facts. You need advice from somewhere like the national debt help line that Van suggests.

[patrickq1]

National Debtline this would be a far better aproach it may be you will get more help than you thought bankruptcy is a bit harshonly use that when their is absolutely nothing in the pot not even a teaspoon lol good luck

[Orion Blue Nemesis of MH]

I have just today received a letter from DLC stating that they have been 'looking after my account' since 16/10/01 (in fact, this is wrong, it was earlier than that).

 

They acknowledge that I have been making regular payments, but they are now aggressively pressing for me to increase my payments.

 

They are making veiled threats to withdraw my 'installment rights'.

 

Is there such a thing as 'installment rights', or is it pure bluff, as per usual.

 

They demand that I reply within 48 hours, yet the letter was dated 10th August 2007 and today is 13th August 2007.

 

Should I just write back to them via email (without another signature), to tell them where to get off? So far as I know, if they have a problem with the duration of the outstanding balance, that is their problem and not mine. If they buy a debt at between 10% to 12% of it's face value, then should these blood-sucking Shylocks be complaining anyway?

[patrickq1]

.tell them when you do write to them that you are now in a position where you have to re think your situation and to send them a SAR notice since you have (i presume no paperwork to what you have paid to date)and also photocopy the envelope with the date ..but as i said you are in a position now where you have to re negotiate your payment structure and because of further intrest rates home expenses etc you may now have to reduce the payments even further to say 25% less than what you are paying ,but you will try to maintain a the current payments but will review it in six months and if you feel you are strugling to meet these demands then you will have to reduce your outgoings and your family and home come first...see what they say then i think you will get a result

patrick but do sar if you do not have any details of repayments because you also need to know what charges they have added which i am not sure it is legal for them to do this since they bought the debt cheap good luck

[Godrer]

Hi,

 

Spoke to a very nice woman at National Debtline, is sending me some info, but has suggested I contact a debt agency to act on my behalf to pay back by installments, basically what I'm doing now only through someone else. Also said I may be better off going bust as not much chance of paying debt off in short term.

 

Also since speaking to them had 1 of them calls of dlc where a machine asks you to call them back, not much chance of that, then 10 mins later a person rang, told them I had only got letter yesterday & would reply when had all the info.

 

Any body got any more help or what best thing to do is, could do with putting them of for a month?

[angry cat]

Tell DLC that you are reporting them to Consumer Direct for Harassing you and going against the OFT's guidelined on debt collection and...DO IT, REPORT DLC!!

 

Also write a letter of complaint to:-

Bill Johnson

Debt Team

Consumer Credit Fitness Investigations

The Office of Fair Trading

2-6 Salisbury Square

London EC4Y 8JX

 

Enclose all details, dates of any contacts you have had with DLC and their responses, including telephone calls.

The OFT are looking at DLC part of Hillesden Securities and whether the business has engaged in 'Unfair Business Practices', this includes any evidence that shows the trader has not complied with any OFT guidance, including the OFT guidance on debt collection practices.

 

Keep Calm, be brave and Stand Up for your Rights!

 

Love Angry Cat

[Godrer]

Hi angery cat,

 

Done it, sent a letter of complaint to Bill Johnson like you said, maybee that will make them sit up & listen to what we are telling them.

[sosumi]

Tell DLC that you are reporting them to Consumer Direct for Harassing you and going against the OFT's guidelined on debt collection and...DO IT, REPORT DLC!!

 

Also write a letter of complaint to:-

Bill Johnson

Debt Team

Consumer Credit Fitness Investigations

The Office of Fair Trading

2-6 Salisbury Square

London EC4Y 8JX

 

Enclose all details, dates of any contacts you have had with DLC and their responses, including telephone calls.

The OFT are looking at DLC part of Hillesden Securities and whether the business has engaged in 'Unfair Business Practices', this includes any evidence that shows the trader has not complied with any OFT guidance, including the OFT guidance on debt collection practices.

 

Keep Calm, be brave and Stand Up for your Rights!

 

Love Angry Cat

Godrer, I'll be doing the same. Thanks AC!

[Godrer]

Hi Sosumi,

Yea you do it, are you getting the same bully & threat calls of them, & the totally ignore what you say to them?

It's time we all got together & shouted NO to them!!!

[sosumi]

Have you sent a CCA request to DLC.

 

The letter you require is Letter N

 

http://www.consumeractiongroup.co.uk/forum/general-debt/20758-creditors-dcas-letter-templates.html

 

 

Send the CCA letter to the DCA recorded delievery with a £1 postal order. Make sure you keep the receipt.

 

They then have 12+2 days to send you a copy of your C/A

 

RO

Godrer, have you done this? If not, you ought to.

If you can, send them the telephone harassment letter in the same envelope, and send it Special Delivery (Signed For)

I haven't had the phone calls - we're ex-directory. If you're with BT, it's a free service, just tell them you're getting phone harassment - which you are!!

[Godrer]

Hi Sosumi,

 

Yea thank's will be doing this over weekend & will get it off Mon/Tues rec del, like you said.