New User asking for some help :)

[Extankman]

Hiya - when was the CCJ added? And settled?

Added in July 2017. Settled in Sept 2018.

[Never-In-Doubt]

So it'll affect you till 2023 regardless of status. Do the defaults come off after this?

The thing is I'm not sure a default will be removed unless it's irredeemably unenforceable (by a court / own admission)....

[Extankman]

Thanks Nid.

The good news is a good portion of the defaults have dropped off the creditfile now.

The CCJ is still there but to be honest its not really affecting anything in any great way. I've secured some sub prime credit cards which I am using to rebuild my credit score and have also managed to secure an agreement in principle from the bank, I've had a good few talks with them now and they aren't at all concerned about an aged CCJ.

The enforceable debts I had are now cleared and the only ones left on my step change account are 2 from Hoist, 1 from Lowell, 1 from BPO and 1 from Cabot.

I've cancelled my DD with Step Change and will await a response from them when they don't get any money this month

Things are looking up

ETM

[PlanB]

The good news is a good portion of the defaults have dropped off the creditfile now.

. . . have also managed to secure an agreement in principle from the bank, I've had a good few talks with them now and they aren't at all concerned about an aged CCJ.

The enforceable debts I had are now cleared and the only ones left on my step change account are 2 from Hoist, 1 from Lowell, 1 from BPO and 1 from Cabot.

I've cancelled my DD with Step Change and will await a response from them when they don't get any money this month

This sounds like progress.

I assume the Agreement in Principle from the bank is for a mortgage?

You say the bulk of your Defaults will drop off your credit file in July this year so you may find that if you refresh that mortgage AIP then there could be a better interest rate on offer. I can't give you financial advice but if your mortgage application is being made by an FCA authorised broker they should be able to that.

Now that you've cancelled your DD with StepChange you can expect some noise from the debt owners. You've said your enforceable debts are now cleared so are the ones with Hoist and Lowell deemed unenforceable by Niddy?

Di

[Extankman]

Hi Di,

The chap at the bank is quite good to be fair and he calls me circa every 10-12 weeks for an update on where we are with my parents property sale.

I haven't spoken to Niddy yet about the outstanding debts but as and when the letters drop in from them, I will pop them in here to see where I stand with them.

They (hoist/lowell/bpo) themselves will drop off by end of Aug this year so in the grand scheme of getting my mortgage it matters not whether they are or are not enforceable

Hope you're keeping well

Regards

ETM

[PlanB]

Hi Di,

I haven't spoken to Niddy yet about the outstanding debts but as and when the letters drop in from them, I will pop them in here to see where I stand with them.

Hope you're keeping well

Yes I'm fine - thank you for asking.

You seem to have everything under control. Even though these debts are a long way off becoming Statute Barred with any luck they'll run out of steam for chasing you.

But keep your eye on the ball if you are about to become a homeowner in case that catches their eye so they decide to revive them with renewed enthusiasm.

Post on here if any do that.

Take Care

Di

[Extankman]

Hi all,

So update on the debts.

Now not managed through Step change any more.



Eon and Capital One have been cleared.

Nothing back from Lowell which is an ex Vanquis.

Nothing from BPO which is a Swift Sterling loan.

Hoist have contacted me about their 2. One is an ex Aqua account and the other an ex Halifax. They are expecting me to contact them again after a 30 day cool off period, so my question is what should I be doing with these two?

Cabot has been left at £9 just to see what happens.

Many thanks

ETM!

[PlanB]

update on the debts. Now not managed through Step change any more.

Eon and Capital One have been cleared.

Nothing back from Lowell which is an ex Vanquis.

Nothing from BPO which is a Swift Sterling loan.

Hoist have contacted me about their 2. One is an ex Aqua account and the other an ex Halifax. They are expecting me to contact them again after a 30 day cool off period, so my question is what should I be doing with these two?

Cabot has been left at £9 just to see what happens.

From memory most of these will drop off your CRA file next month if they haven't already.

They're all under £1k so even if they got a CCJ they wouldn't automatically be 'entitled' to an Interim Charging Order on any property you may own.

The sums owed are small in the grand scheme of things so even if they issued a claim you should have the opportunity to settle these using the free telephone Mediation service provide by the court etc. which is legally binding but not a CCJ (unless you break the agreement).

I note the £9 Cabot balance - it'll probably cost them more in postage to chase you then that

Hoist may well expect you to contact them again after the 30 day period, but that doesn't mean you need to.

It's all looking good.

Di

[Extankman]

Just an update.

Nothing new really other than now ignoring letters and text messages from Lowell and Hoist.

Will wait and see how it progresses.

They have both said "You could be entitled to a reduction" but this turned out to be less than 5% of the remainder owed. To be honest, I probably wouldn't settle unless it was a 50% reduction

Take care

ETM

[Extankman]

Hi all,

Me again, Need some advice;

I've been looking at my credit file as we are really struggling to find a mortgage deal, even though we have funds available and a fair credit report. The only issue is my CCJ and some rogue accounts which are due to drop off.

The problem I have is this, I have a CCJ from an Amigo loan which was settled in 2018. On my credit file is also the loan information from Amigo. The knife in the kidney with this is that the CCJ is due to drop off in July 2023, the bank have seen this and have said they can generally agree mortgages when the CCJ is older than 4 years, all good? no, the loan its attached to doesn't drop off my report until Sept 2024 :-o but if you look at the pictures attached, Amigo never put the account in to default, they just left it as 6 months overdue for 3+ years........

Surely this isn't normal and a few months of being 6+ months should make it defaulted? especially if they have applied for and had a CCJ granted?

I really need to address this as its really hampering my ability to get out of renting and in to our own home it's actually depressing the wife and I

Any help or pointers would be greatly appreciated

Many thanks in advance

ETM

[Roger]

I think that this is a matter for Colin G Quinn

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 colin@joannaconnollysolicitors.co.uk or by telephoning 0330 053 9340. Our initial advice is always free.

[Extankman]

Evening all,

First semi threatening letter/email from Lowell today;

States -

"Act now to avoid legal action
If we don't hear from you, we may instruct a solicitor to take legal action to recover what you owe. This could mean fees and interest are added, increasing what you owe.

If a County Court Judgment (CCJ) is granted, this will be visible on your credit file for six years and may impact your ability to get future credit."

I guess I wait and see what happens next?

Regards

ETM

[Roger]

Tactics come into consideration.
It is for the Claimant to prove their Case.
This means their having the necessary paperwork BEFORE issuing a claim.
As they write "..we MAY.." not we WILL . The darling Buds of MAY.
So watch and wait!

[Extankman]

Hi All,

Me again

Just a quick question,

f the FOS found in your favour and part of the making it right was to remove the negative reporting from your credit file and this had been accepted and agreed in April 2021 but was still showing on credit file what next steps would be?

I've spoken to JCS who were dealing with it and have been for a few months, the company in question said it would take up to 12 weeks which was now 13 weeks ago.

I can't begin to explain the issue is having on mortgage applications but I really need this to be removed and resolved ASAP.

Any tip on how to progress at all?

Thanks

ETM

[Still Waving]

I've spoken to JCS who were dealing with it and have been for a few months, the company in question said it would take up to 12 weeks which was now 13 weeks ago.

Any tip on how to progress at all?

Thanks

ETM

What did JCS say about it when you spoke to them?