My Debt Experience - Learn from my pain

[Never-In-Doubt]

Re: My Debt Experience - Learn from my pain

Yup, jointly with OH. I know theres the risk of creditors going for a CCJ/CO which I guess is the biggest risk. Biggest debts are wi th Santander and Amex. I understand they can both be quite litigious......

but both also been beaten in recent cases. However, I agree not worth it when it involves your hoose.

so what do you think is best then?

[SaltnVinegar]

Re: My Debt Experience - Learn from my pain

do you own your own home mate?

Yup, jointly with OH. I know theres the risk of creditors going for a CCJ/CO which I guess is the biggest risk. Biggest debts are wi th Santander and Amex. I understand they can both be quite litigious......

[Never-In-Doubt]

Re: My Debt Experience - Learn from my pain

Hi Niddy

No only the ones that were pre-2007 I sent CCA's and have UE agreements, been plugging away on the self managed DMP with the others.

I expect things to kick off if I stop paying, but then with some of them they have kicked off regardless.

do you own your own home mate?

[SaltnVinegar]

Re: My Debt Experience - Learn from my pain

I thought you stopped this and went UE with things mate.....

Hi Niddy

No only the ones that were pre-2007 I sent CCA's and have UE agreements, been plugging away on the self managed DMP with the others.

I expect things to kick off if I stop paying, but then with some of them they have kicked off regardless.

[Never-In-Doubt]

Re: My Debt Experience - Learn from my pain

but I am now at a point where I'm thinking should I pay them anything further at all.

I have been plugging away with my DMP for 2 years now

I thought you stopped this and went UE with things mate.....

[Spent2much]

Re: My Debt Experience - Learn from my pain

Hi All

As some of you may know a few weeks ago Mrs SnV was involved in a car accident.

Fortunately she is all ok, and has recovered, however it has made me totally re-evaluate my life and whats important to me.

Now the scumbags who treated me like dog dirt since I started having financial difficulty I have never cared for, but I am now at a point where I'm thinking should I pay them anything further at all.

I have been plugging away with my DMP for 2 years now, the majority of creditors have defaulted me, however some have not. So I know that they will put a default on my CRA file near the end of my DMP to screw me over even more. Despite agreeing payment arrangements almost all creditors have continued harrassment, have 'lost' payments, and have made life difficult.

So I am thinking of saying 'sod it' and stopping payments (which I already have on the UE accounts). I know theres the risk of being taken to court, but that risk will be there in another 2 years on my DMP.

Its high risk I know, but I would like some sensible heads here at AAD to point out pros/cons to me or anything I may not have thought of, before I start down this road!

Best
SnV

Really pleased your wife is ok and i agree it makes you see life differently, when my brother died at 31 yearls old i said i would live life differently , i don't think i stuck to that because me and my husband are in a lot of debt , but like you we went on to do a dmp which like you also has run rather smoothly , but we also recieved defaults and added charges which has nearly doubled one debt.
All i can say is that we thought the dmp was the way forward until we got behind in our mortgage and the dmp was taking priority over the mortgage and that wasn't right , why should the debts take priority over our home when there is a risk of losing it and still having debts for the next 70+ years, well i was directed to this wonderful forum and it was the best i did joining here, if you read through some of my posts you will see i was scared and anxious about going down the UE route, but my husband was all for it and so we trusted our gut feeling and started down that route.
We have only just sent off the CCA requests got 2 replies back so the ball is now rolling, i have to say hand on heart that i feel relaxed , in control and the feeling that some or all (i hope and pray all) will be UE is a wonderful feeling and when i think of the anxiety and fear some of those scumbag dca have put me though then i am going to take great pleasure in saying SCREW YOU when they become UE , i speak positive as thats how i feel .

It's upto you in the end if you go down the route of UE but from someone who did dmp for over 4 years and realised that the dca are just scum and don't care about any of us , then thats when we decided to take plunge and see what happens, we feel confident being on here as there is always someone who is guiding us all and we don't feel alone .

Whatever you decide i wish you the best of luck

[SaltnVinegar]

Re: My Debt Experience - Learn from my pain

Hi All

As some of you may know a few weeks ago Mrs SnV was involved in a car accident.

Fortunately she is all ok, and has recovered, however it has made me totally re-evaluate my life and whats important to me.

Now the scumbags who treated me like dog dirt since I started having financial difficulty I have never cared for, but I am now at a point where I'm thinking should I pay them anything further at all.

I have been plugging away with my DMP for 2 years now, the majority of creditors have defaulted me, however some have not. So I know that they will put a default on my CRA file near the end of my DMP to screw me over even more. Despite agreeing payment arrangements almost all creditors have continued harrassment, have 'lost' payments, and have made life difficult.

So I am thinking of saying 'sod it' and stopping payments (which I already have on the UE accounts). I know theres the risk of being taken to court, but that risk will be there in another 2 years on my DMP.

Its high risk I know, but I would like some sensible heads here at AAD to point out pros/cons to me or anything I may not have thought of, before I start down this road!

Best
SnV

[SaltnVinegar]

Re: My Debt Experience - Learn from my pain

OK so some news on the quickquid front.

They have informed me by email that they have 'referred' my account to ARC Europe Ltd. So now I know who I may be dealing with in the next few weeks.

They also claim to have sent me a default notice, which I know is a lot of cobblers.

Will let you know when the first communication from ARC arrives!

Best
SnV

[SaltnVinegar]

Re: My Debt Experience - Learn from my pain

You could give them *some* details ---> allaboutFORUMS

Hahahahahaa

Now that would be excellent! I wouldn't want to go so far though as to land myself in court! I like the principal though!

[SaltnVinegar]

Re: My Debt Experience - Learn from my pain

That's a complete load of bollocks. Are they going to refuse any other payment method?

Course not, they want what's convenient to them.

Oh yes I agree its a big load of cahoonas!

Unfortunately for them I'm not going to rise to the bait

They have refused to give me their bank details to make S/O payments (and I have that in email).

Postal Orders sent to them have gone 'missing'. Unfortunately for them they were sent recorded delivery and I can prove they arrived and prove the PO's were also cashed.

They claim to have sent me a default notice in the post, which, strangely, has not yet arrived.

Talk about digging a deeper hole for yourself!

Best
SnV

[swanfan]

Re: My Debt Experience - Learn from my pain

They also demand my debit card details so that they can set up this payment plan and that no other payment method is acceptable.

That's a complete load of bollocks. Are they going to refuse any other payment method?

Course not, they want what's convenient to them.

[SaltnVinegar]

Re: My Debt Experience - Learn from my pain

Hi SNV,
My guess is the same as yours give them your details they will empty your account with relish.

Such deeply suspicious minds we have!

I'm sure I would also have an argument now under unfair relationship provisions as they have not engaged in any logical correspondence at all.

I don't know who the usual DCA's are that this lot sell debts to. I heard it was Moorcroft but I guess I'll find out soon enough!

Best
SnV

[helmsman]

Re: My Debt Experience - Learn from my pain

Another day, another two emails from quickquid; one demanding payment in full and the other offering me the option of paying the balance over 12 months but only if I give them my bank account and debit card details. No other payment option is acceptable apparently.

Hmmmmm I wonder what would happen if I were to give them those details?!

I've already told them what the maximum I can afford is on numerous occasions, and they have also 'lost' payments which I can prove they have received.

I will wait and see what scummy DCA they sell the account to. They have been threatening this now for months, so they may as well get on with it!

Best
SnV

Hi SNV,
My guess is the same as yours give them your details they will empty your account with relish.

[SaltnVinegar]

Re: My Debt Experience - Learn from my pain

Another day, another two emails from quickquid; one demanding payment in full and the other offering me the option of paying the balance over 12 months but only if I give them my bank account and debit card details. No other payment option is acceptable apparently.

Hmmmmm I wonder what would happen if I were to give them those details?!

I've already told them what the maximum I can afford is on numerous occasions, and they have also 'lost' payments which I can prove they have received.

I will wait and see what scummy DCA they sell the account to. They have been threatening this now for months, so they may as well get on with it!

Best
SnV

[SaltnVinegar]

Re: My Debt Experience - Learn from my pain

i would do a one liner, just referring them to your letter of blah blah
keeps a nice paper trail going

Hiya

Yes that was the plan. It would appear that DCA and OC are not talking to each other. This would not surprise anyone.

Best

SnV