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  • Homeowner debt

    Hi everyone I'm new to the site and I really need help and advise.

    can I post here about my debt?




  • #2
    Originally posted by Nik nik View Post
    I'm new to the site and I really need help and advise.

    can I post here about my debt?

    Yes you can

    If the thread needs to be moved, one of the Mods can do that for you later on.

    Would you like to start by giving a general outline of your debt situation and then suggestions can be made about each one separately after that.

    I look forward to helping you.

    Di
    Legal Disclaimer

    I am a Litigation Executive at
    Joanna Connolly Solicitors a firm which specialises in consumer credit. If you need to contact me you can send a message by clicking on my username or by emailing me at di@joannaconnollysolicitors.co.uk or by telephoning 0330 053 9340. Our initial advice is always free.

    Any posts I make on the AAD Consumer Forum are for information and discussion purposes only and shouldn't be seen as legal advice. Any advice I provide on the forum is without liability. If you are unsure please seek formal legal guidance or contact your local citizens advice bureau at https://www.citizensadvice.org.uk

    Comment


    • #3
      Debt 1️⃣

      NatWest credit card open 2009
      Limit: £8700
      Currently: £8909
      Last payment: £187 on 11/2018
      Default notice sent on 8/3/2019
      Account termination letter on 1/4/2019
      Niddy said itís enforceable.

      Debt 2️⃣
      Natwest credit card open 2006
      Limit £300
      Currently: £305
      Last payment 11/2018
      Default notice: 15/03/2019
      Didnít request CCA

      Debt 3️⃣
      RBS credit card(was Mint until 2017)open 2006
      Limit £500
      Currently: £510
      Last payment 11/2018
      Default notice: canít find
      sent I & E with £50 offer a month but they requested £125
      Didnít pay since 11/2018
      Didnít request CCA
      debt 1 2 & 3 all with NatWest

      Debt 4️⃣
      Barclaycard : open 2006
      Limit £8000
      Currently: £8,583.45
      Last payment of £230 on 12/2018
      Didnít receive default notice yet.
      Sent I&E and Paid £50 for 4 month
      this month I couldnít afford more then £10
      Niddy said itís enforceable

      Debt 5️⃣
      Shawbrook personal loan open: 2016 (applied online)
      Terms 60 month
      Last payment £223.43 made 27/12/2018
      Amount of credit £10,000
      Total charge £3,405.80
      Total payable £12,405.80
      Monthly payment £223.43
      Account balance: £6,945
      Arrears outstanding £996
      Default sums outstanding £15 21/11/2016
      Sent I&E with £50 offer but no reply to my letter.
      Im still paying £50 a month
      This month couldnít d afford more then £10.
      Received CCA i guess itís enforceable

      Debt 6️⃣
      Lendable loan open 2017
      Amount of credit £10.000
      Last payment: £258.31 made 29/10/2018
      Total charge: £5,466.67
      Total payable: £15,566.67
      Monthly payment £258.31
      Account balance: £9832.24
      11/2018 they agreed to reduced payment of £100 for 4 month.
      Last month cancelled D/D and I sent I&E but no reply.

      Debt 7️⃣
      Very catalogue open 2006
      Credit limit: £4000
      Outstanding: £3060.93
      Last payment: £190 made 11/2018
      Sent I&E and paid £50 a each month.
      Didnít pay this month
      No default yet.
      Sent CCA request on 26/4/2019 no reply

      Debt 8️⃣
      Littlewoods catalogue open 2011
      Credit limit: £1700
      Outstanding: £516.77
      Last payment: £70 02/2019
      Was up to date but didnít pay this month
      No default.
      Sent CCA request 26/4/19 no reply























      Comment


      • #4
        I always made the minimum payments until 11/2018 then I just lost control of my finances as debts got larger and things went wrong.
        I donít know where to start or what to do. I donít want to loose my home.
        Can I offer all creditors £10 a month until things will improve?

        i hope someone can help me please




        Comment


        • #5
          Welcome to AAD
          Best to copy each Debt into a separate Post and then add details to each separate NOTE as your Diary progresses.

          You have started to take control of your Life! We have all been down this same path and this first step can be so difficult!
          As you did for the Nat West credit card so do with the rest of the Debts.
          Using the AAD template for a S77/78 CCA request plus £1 for each individual debt.

          My advise right now is not to contact your Creditors other than the CCA request.
          From now on everything in writing so no emails, SMS or phone calls. There are good reasons for this!
          Last edited by Roger; 1st June 2019, 12:10. Reason: typos

          Comment


          • #6
            Thank you so much for your reply, Iíll able to do separate posts on Monday.
            Shell I spot payments to creditors?

            Comment


            • #7
              Originally posted by Nik nik View Post
              Thank you so much for your reply, Iíll able to do separate posts on Monday.
              Shell I spot payments to creditors?
              At this time your debts seem to be with the Original Creditors.
              There is a 6 year clock that will have started. Each letter or communication which admits the debt restarts that clock.
              Always refer correspondence back here for the MODS to see and advise.
              Send copies of CCA's received to Niddy (as you did with NatWest) .
              Taking control means of your money and realistic evaluation of each Debt (you will find that these are actually different).

              Comment


              • #8
                Originally posted by Nik nik View Post

                Debt 1️⃣

                NatWest credit card open 2009
                Limit: £8700
                Currently: £8909
                Last payment: £187 on 11/2018
                Default notice sent on 8/3/2019
                Account termination letter on 1/4/2019
                Niddy said itís enforceable.

                The credit agreement may appear enforceable but a debt owner has to comply with many other statutory duties.

                This is still with NatWest who are likely to assign it to a debt purchaser if you stop paying. I see they've already terminated the account so see what happens next.

                Di
                Legal Disclaimer

                I am a Litigation Executive at
                Joanna Connolly Solicitors a firm which specialises in consumer credit. If you need to contact me you can send a message by clicking on my username or by emailing me at di@joannaconnollysolicitors.co.uk or by telephoning 0330 053 9340. Our initial advice is always free.

                Any posts I make on the AAD Consumer Forum are for information and discussion purposes only and shouldn't be seen as legal advice. Any advice I provide on the forum is without liability. If you are unsure please seek formal legal guidance or contact your local citizens advice bureau at https://www.citizensadvice.org.uk

                Comment


                • #9
                  Originally posted by Nik nik View Post

                  Debt 2️⃣

                  Natwest credit card open 2006
                  Limit £300
                  Currently: £305
                  Last payment 11/2018
                  Default notice: 15/03/2019
                  Didnít request CCA


                  Maybe wait to see what happens next before you send a s 77/79 CCA Request.

                  Di
                  Legal Disclaimer

                  I am a Litigation Executive at
                  Joanna Connolly Solicitors a firm which specialises in consumer credit. If you need to contact me you can send a message by clicking on my username or by emailing me at di@joannaconnollysolicitors.co.uk or by telephoning 0330 053 9340. Our initial advice is always free.

                  Any posts I make on the AAD Consumer Forum are for information and discussion purposes only and shouldn't be seen as legal advice. Any advice I provide on the forum is without liability. If you are unsure please seek formal legal guidance or contact your local citizens advice bureau at https://www.citizensadvice.org.uk

                  Comment


                  • #10
                    Originally posted by Nik nik View Post


                    Debt 3️⃣

                    RBS credit card(was Mint until 2017)open 2006
                    Limit £500
                    Currently: £510
                    Last payment 11/2018
                    Default notice: canít find
                    sent I & E with £50 offer a month but they requested £125
                    Didnít pay since 11/2018
                    Didnít request CCA
                    debt 1 2 & 3 all with NatWest


                    Maybe the reason you can't find a Default Notice is because they didn't serve you with one?

                    This could be a good thing if the account is terminated and sold on in future so don't mention it to them.

                    Di
                    Legal Disclaimer

                    I am a Litigation Executive at
                    Joanna Connolly Solicitors a firm which specialises in consumer credit. If you need to contact me you can send a message by clicking on my username or by emailing me at di@joannaconnollysolicitors.co.uk or by telephoning 0330 053 9340. Our initial advice is always free.

                    Any posts I make on the AAD Consumer Forum are for information and discussion purposes only and shouldn't be seen as legal advice. Any advice I provide on the forum is without liability. If you are unsure please seek formal legal guidance or contact your local citizens advice bureau at https://www.citizensadvice.org.uk

                    Comment


                    • #11
                      Originally posted by Nik nik View Post


                      Debt 4️⃣

                      Barclaycard : open 2006
                      Limit £8000
                      Currently: £8,583.45
                      Last payment of £230 on 12/2018
                      Didnít receive default notice yet.
                      Sent I&E and Paid £50 for 4 month
                      this month I couldnít afford more then £10
                      Niddy said itís enforceable

                      Barclaycard have a reputation of being slow to issue a DN. Don't tell anyone you haven't been served with one yet.

                      Was this definitely a Barclaycard from the start or could t have been an Egg or Monument or Morgan Stanley Dean Witter etc?

                      Di




                      Legal Disclaimer

                      I am a Litigation Executive at
                      Joanna Connolly Solicitors a firm which specialises in consumer credit. If you need to contact me you can send a message by clicking on my username or by emailing me at di@joannaconnollysolicitors.co.uk or by telephoning 0330 053 9340. Our initial advice is always free.

                      Any posts I make on the AAD Consumer Forum are for information and discussion purposes only and shouldn't be seen as legal advice. Any advice I provide on the forum is without liability. If you are unsure please seek formal legal guidance or contact your local citizens advice bureau at https://www.citizensadvice.org.uk

                      Comment


                      • #12
                        Originally posted by Nik nik View Post


                        Debt 5️⃣

                        Shawbrook personal loan open: 2016 (applied online)
                        Terms 60 month
                        Last payment £223.43 made 27/12/2018
                        Amount of credit £10,000
                        Total charge £3,405.80
                        Total payable £12,405.80
                        Monthly payment £223.43
                        Account balance: £6,945
                        Arrears outstanding £996
                        Default sums outstanding £15 21/11/2016
                        Sent I&E with £50 offer but no reply to my letter.
                        Im still paying £50 a month
                        This month couldnít d afford more then £10.
                        Received CCA i guess itís enforceable

                        Send the credit agreement to Niddy to check, but there may be other flaws with the account to look for.

                        Was there PPI involved?

                        Were you sent an agreement to sign after you made your online application?

                        Di
                        Legal Disclaimer

                        I am a Litigation Executive at
                        Joanna Connolly Solicitors a firm which specialises in consumer credit. If you need to contact me you can send a message by clicking on my username or by emailing me at di@joannaconnollysolicitors.co.uk or by telephoning 0330 053 9340. Our initial advice is always free.

                        Any posts I make on the AAD Consumer Forum are for information and discussion purposes only and shouldn't be seen as legal advice. Any advice I provide on the forum is without liability. If you are unsure please seek formal legal guidance or contact your local citizens advice bureau at https://www.citizensadvice.org.uk

                        Comment


                        • #13
                          Originally posted by Nik nik View Post


                          Debt 6️⃣

                          Lendable loan open 2017
                          Amount of credit £10.000
                          Last payment: £258.31 made 29/10/2018
                          Total charge: £5,466.67
                          Total payable: £15,566.67
                          Monthly payment £258.31
                          Account balance: £9832.24
                          11/2018 they agreed to reduced payment of £100 for 4 month.
                          Last month cancelled D/D and I sent I&E but no reply.

                          Lendable Loans have a very high interest rate!

                          I'll wait to get a little more history before commenting on this one.

                          Di

                          Legal Disclaimer

                          I am a Litigation Executive at
                          Joanna Connolly Solicitors a firm which specialises in consumer credit. If you need to contact me you can send a message by clicking on my username or by emailing me at di@joannaconnollysolicitors.co.uk or by telephoning 0330 053 9340. Our initial advice is always free.

                          Any posts I make on the AAD Consumer Forum are for information and discussion purposes only and shouldn't be seen as legal advice. Any advice I provide on the forum is without liability. If you are unsure please seek formal legal guidance or contact your local citizens advice bureau at https://www.citizensadvice.org.uk

                          Comment


                          • #14
                            Originally posted by Nik nik View Post


                            Debt 7️⃣

                            Very catalogue open 2006
                            Credit limit: £4000
                            Outstanding: £3060.93
                            Last payment: £190 made 11/2018
                            Sent I&E and paid £50 a each month.
                            Didnít pay this month
                            No default yet.
                            Sent CCA request on 26/4/2019 no reply


                            Very catalogue account often have problems especially if the account is opened when you make the first purchase but the paperwork isn't sent out till later (if at all).

                            I see you've had no reply to your s77/78 CCA Request sent in April (this year) so the debt will be currently unenforceable. Don't send a reminder in case it makes them try harder to remedy the problem.

                            Hopefully they'll assign the account to someone like Lowell Portfolio.

                            Di
                            Legal Disclaimer

                            I am a Litigation Executive at
                            Joanna Connolly Solicitors a firm which specialises in consumer credit. If you need to contact me you can send a message by clicking on my username or by emailing me at di@joannaconnollysolicitors.co.uk or by telephoning 0330 053 9340. Our initial advice is always free.

                            Any posts I make on the AAD Consumer Forum are for information and discussion purposes only and shouldn't be seen as legal advice. Any advice I provide on the forum is without liability. If you are unsure please seek formal legal guidance or contact your local citizens advice bureau at https://www.citizensadvice.org.uk

                            Comment


                            • #15
                              Originally posted by Nik nik View Post


                              Debt 8️⃣
                              Littlewoods catalogue open 2011
                              Credit limit: £1700
                              Outstanding: £516.77
                              Last payment: £70 02/2019
                              Was up to date but didnít pay this month
                              No default.
                              Sent CCA request 26/4/19 no reply

                              Another catalogue account and another unenforceable debt until they comply with your s 77/78 CCA Request

                              Di

                              Legal Disclaimer

                              I am a Litigation Executive at
                              Joanna Connolly Solicitors a firm which specialises in consumer credit. If you need to contact me you can send a message by clicking on my username or by emailing me at di@joannaconnollysolicitors.co.uk or by telephoning 0330 053 9340. Our initial advice is always free.

                              Any posts I make on the AAD Consumer Forum are for information and discussion purposes only and shouldn't be seen as legal advice. Any advice I provide on the forum is without liability. If you are unsure please seek formal legal guidance or contact your local citizens advice bureau at https://www.citizensadvice.org.uk

                              Comment

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