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solicitors letter has left me panicked!!!!

homealone_2
homealone_2 Posts: 2,004 Forumite
Part of the Furniture 1,000 Posts Combo Breaker
in Debt-free wannabe
i have just received a letter from solicitors regarding my £6k credit card. i am only 3 months behind and have made good will payments when i have been able to. i have sent them and halifax a sar request and am waiting for results of that? i have received one letter asking me to contact them which i did yesterdaay and they said they knew nothing about it and to wait for a letter. well a letter has certainly arrived but not the sort i was expecting!! they have said in the letter that despite a default notice and several reminders my account remains out of order. this solicitors letter says they not want amount outstanding but the full £6k in 7 days what do i do now????? i was waiting for the result of the sar before asking what step to take next, but they were demanding a signature before they would do it and it was only yesterday that they finally agreed to carry out the request when i said i would collect it with id at a local branch. so it will be some time before i receive that. in brief i have not gone through cccs etc agencies as i have disposable income which they want me to use in a dmp but they are not allowing certain necesseties and due to my circumstances i dont know how long i would be able to continue with their dmp so was hoping to arrange something myself. i have already had a f and f refused when i offered them about 1/6th of amount outstanding.....what do i do now???
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Comments

  • RAS
    RAS Posts: 36,526 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Hi

    This sounds like a standard termination letter. the next thing will be a default letter. With any luck they will screw it up.

    What i do not understand is why you have not done a CCA request? And why have you done a security check at all.

    They have 12 working days plus two days to respond to a CCA request and 40 days for a SAR.
    If you've have not made a mistake, you've made nothing
  • 10past6
    10past6 Posts: 4,962 Forumite
    RAS wrote: »
    Hi

    This sounds like a standard termination letter. the next thing will be a default letter
    The default notice must be issued before the termination letter ;)
    Click here for Martins (MSE) advice on who to contact with Debt Issues - YOU HAVE NO REASON TO USE A FEE PAYING DEBT MANAGEMENT COMPANY- THEY CANNOT DO ANYMORE FOR YOU THAN THOSE LISTED IN MY LINK ABOVE.

    All information given by myself is offered informally and without prejudice - if in doubt seek help from a qualified and insured professional
  • RAS
    RAS Posts: 36,526 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Soory

    Brain the other way round today.
    If you've have not made a mistake, you've made nothing
  • homealone_2
    homealone_2 Posts: 2,004 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    RAS wrote: »
    Hi

    This sounds like a standard termination letter. the next thing will be a default letter. With any luck they will screw it up.

    What i do not understand is why you have not done a CCA request? And why have you done a security check at all.

    They have 12 working days plus two days to respond to a CCA request and 40 days for a SAR.


    i have been given the default letter already, as for the SAR i was advised on here that this would give me much more information, to be honest am in such a state cant remember the long explanation i got to go for the sar now but i have anyway. in which way will "they will screw it up"?
  • RAS
    RAS Posts: 36,526 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    If you already have the Default letter, you need a SAR rather than a CCA request.

    When tis the SAR deadline?
    If you've have not made a mistake, you've made nothing
  • RAS
    RAS Posts: 36,526 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Look

    They know you cannot pay the money back. This is just one stage in going for a CCJ.

    What you need to do is wait for the SAR documents and then you may be able to challenge the CCJ.
    If you've have not made a mistake, you've made nothing
  • homealone_2
    homealone_2 Posts: 2,004 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    having read the rest of the letter it says if i cant repay in 7 days i can contact them and they will organise a lump sum up front and realistic monthly payments. i am not trying to get out of paying this and now having rceived help through benefits am in a position to pay £100 a month but not the £200 which was what is should be. but by offering this amount would i be in a position where i could ask them to refund charges (not alot) and use this £100 to actually go in full towards bill and not just cover the interest. or am i offering too little or too soon to be in position for them to consider this?
  • RAS
    RAS Posts: 36,526 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Hi

    We cannot advise you how a creditor will respond to an offer. All you can do is ask them.
    If you've have not made a mistake, you've made nothing
  • homealone_2
    homealone_2 Posts: 2,004 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    i have received a solicitors letter regarding £5698.86 outstanding on my lloyds credit card. they dont just want the 3 months payments i am behind with but the full amount within 7 days. if i cant pay this in full they will allow a lump sum payment followed by realistic monthly amounts!! i have been sending the odd £10 when i could. i did send them a SAR request as advised a couple of weeks ago and was what i was waiting for before checking out my next move. this has obviously meant i now cant wait that long! i do have a surplus of £300 per month on paper but not in purse. have had a recent soa posted and am making changes but what do i do about this letter?? am getting really worried!! they have said if i dont contact them and they start court proceedings it will affect anyone else in my homes credit status! i know this would not happen straight away if at all but has worried me enough to want to try to come to some arrangement with them i was supposed to pay £114 per month, would they accept half and only to go on bill not interest or is it to early for then to accept any bartering???
  • RAS
    RAS Posts: 36,526 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    It might be better if this was added to your exisitng thread on the same subject?

    http://forums.moneysavingexpert.com/showthread.html?t=1604389
    If you've have not made a mistake, you've made nothing
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