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Hello sorry if this is posted in the wrong area but I wasnt sure where to put it. Please could someone help me with some advice on a few issues?
Firstly, i do not want to avoid paying my debts, I simply want rid of them preferably without it leaving me even more brassic (ie by lowering my current montly payments) .. preferably with an eventual half decent settlement figure (60% max if poss) and preferably with a clean credit file.
I have 5 debts totalling £16k from 2004/05 due to sudden big drop in my income. I have been in a debt management
plan since 2005 and pay each creditor between £5 and £45 per month. All the debts are with a DCA, some have been sold on several times. All the debts have defaulted in either 2005, 06, 07 and 08. Not sure how they managed to default when i was on an agreed payment plan but suppose they can do what they want.
I am fed up with it all and so my mum offered to lend me her savings of £9k to try to pay them off. I sent them all a full and final letter, ommiting any liability, and offered them all a pro rata amount. 3 have replied but wont accept and offered me a counter offer of 15%, 20% and 25% off. The other two have basically ignored me. My mum offered me this as i thought i may be able to re-mortgage (paying high interest at moment) if they were cleared, however just found out i wont be able to until the defaults have dropped off so I suppose its just as well they didnt accept.
From what i gather I should now send them all a cca request is this right? Should I send this to the dca or the owner (the owners are not the original creditors)? Again.. its not to avoid payment cos i would be useless in court.. its more to do with a bit of power to try to reduce the full and final settlement figure.
One of my defaults is a duplicate that has been put on by both the original creditor and the dca, both have the same default date. Does this matter?
Should I keep paying the dmp or come out and pay the dca's reduced amounts? If i do this could they then get a ccj against me? Also what if i kept paying the same and just paid reduced amounts after the defaults come off.. would that make any difference.. could they then ccj me?
Ive got some payment statements from some creditors and there are loads of my payments missing, i have never missed a payment to the dmp so unsure where this money has gone, its in excess of £500 and i havnt got all the statements yet. Im wondering if some of these 'missing' payments have contributed to the defaults placed after i was in a dmp but how would i find out?
Lastly, do you know if you can access 'dropped' off credit references from credit file? I settled an account with orange in 2009, its not showing on credit file but now ive got Mckenzie Hall chasing the debt for Capquest. Its the first ive heard from them since 2009 when Moorcroft were dealing with it! Cant find any evidence at mo of paying it except a record of two calls to my dmp (one with me and one they had with moorcroft who confirmed debt was settled). Ive spoken to them tonight and first two advisors at moorcroft said it was settled and 3rd one said it was showing settled on their file but it wasnt settled persay.. they just gave it back to orange. At around the time of these calls to the dmp, my payments from the dmp towards this debt stopped and they have a note on file saying paid. I know i definately paid it. If i didnt, they why would i suddenly stop paying a £70 debt and continue paying the rest!!
Thank you, Pookie
Firstly, i do not want to avoid paying my debts, I simply want rid of them preferably without it leaving me even more brassic (ie by lowering my current montly payments) .. preferably with an eventual half decent settlement figure (60% max if poss) and preferably with a clean credit file.
I have 5 debts totalling £16k from 2004/05 due to sudden big drop in my income. I have been in a debt management
plan since 2005 and pay each creditor between £5 and £45 per month. All the debts are with a DCA, some have been sold on several times. All the debts have defaulted in either 2005, 06, 07 and 08. Not sure how they managed to default when i was on an agreed payment plan but suppose they can do what they want. I am fed up with it all and so my mum offered to lend me her savings of £9k to try to pay them off. I sent them all a full and final letter, ommiting any liability, and offered them all a pro rata amount. 3 have replied but wont accept and offered me a counter offer of 15%, 20% and 25% off. The other two have basically ignored me. My mum offered me this as i thought i may be able to re-mortgage (paying high interest at moment) if they were cleared, however just found out i wont be able to until the defaults have dropped off so I suppose its just as well they didnt accept.
From what i gather I should now send them all a cca request is this right? Should I send this to the dca or the owner (the owners are not the original creditors)? Again.. its not to avoid payment cos i would be useless in court.. its more to do with a bit of power to try to reduce the full and final settlement figure.
One of my defaults is a duplicate that has been put on by both the original creditor and the dca, both have the same default date. Does this matter?
Should I keep paying the dmp
or come out and pay the dca's reduced amounts? If i do this could they then get a ccj against me? Also what if i kept paying the same and just paid reduced amounts after the defaults come off.. would that make any difference.. could they then ccj me?Ive got some payment statements from some creditors and there are loads of my payments missing, i have never missed a payment to the dmp so unsure where this money has gone, its in excess of £500 and i havnt got all the statements yet. Im wondering if some of these 'missing' payments have contributed to the defaults placed after i was in a dmp but how would i find out?
Lastly, do you know if you can access 'dropped' off credit references from credit file? I settled an account with orange in 2009, its not showing on credit file but now ive got Mckenzie Hall chasing the debt for Capquest. Its the first ive heard from them since 2009 when Moorcroft were dealing with it! Cant find any evidence at mo of paying it except a record of two calls to my dmp (one with me and one they had with moorcroft who confirmed debt was settled). Ive spoken to them tonight and first two advisors at moorcroft said it was settled and 3rd one said it was showing settled on their file but it wasnt settled persay.. they just gave it back to orange. At around the time of these calls to the dmp, my payments from the dmp towards this debt stopped and they have a note on file saying paid. I know i definately paid it. If i didnt, they why would i suddenly stop paying a £70 debt and continue paying the rest!!
Thank you, Pookie
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