CCA's, PRA and general advice

TheDebtinator · 6 August 2015 at 1:23PM

sourcrates wrote: »

They have said they are going to get it, so wait and see what they send you, then formulate your plan .

Thanks! They said that last time and never did lol.

I like to plan ahead. I'll update this thread if they send the CCA / End of August - whichever comes first, and seek advice.

Thanks.

rizla_king · 6 August 2015 at 1:23PM

yes best use of time maybe thinking of a backup plan just in case they do turn up. Probably wont but you never know.

TheDebtinator · 6 August 2015 at 1:50PM

rizla_king wrote: »

yes best use of time maybe thinking of a backup plan just in case they do turn up. Probably wont but you never know.

If they do turn up then I will still make them an offer. The less I pay to clear these the better. While I know that they will only ever show as partially satisfied, I can still start to rebuild.

If they dont send me the CCA, that is the bit I need to plan for.

TheDebtinator · 2 September 2015 at 12:47AM

End of the month and still no word from the creditor's. Should I keep quiet for another month?

sourcrates · 2 September 2015 at 9:36AM

Until they respond to you, they can't enforce your account, its to your advantage if they drag there feet, however, you can send them a reminder to let them know you haven't gone away.

TheDebtinator · 9 February 2016 at 1:37PM

Just bumping this back up, I still havent received any replies to my CCA requests. I managed to pay off the loan with PRA (30% is what they offered me to clear it).

Given that it would "appear" that my remaining two creditors do not have CCA's, and given the length of time that this has now been going on for, do you think I'd get away with lower offers?

sourcrates · 9 February 2016 at 1:52PM

TheDebtinator wrote: »

Just bumping this back up, I still havent received any replies to my CCA requests. I managed to pay off the loan with PRA (30% is what they offered me to clear it).

Given that it would "appear" that my remaining two creditors do not have CCA's, and given the length of time that this has now been going on for, do you think I'd get away with lower offers?

Previous advice still stands, wait until you know your position before you do anything.

TheDebtinator · 9 February 2016 at 2:43PM

The problem I find myself in is that what if they never tell me? I have now tried several times to obtain copies of the CCA and non have been forth coming. I want to be able to qualify for a mortgage in a 2 years so I really could do with this being sorted out one way or the other.

I appreciate your advice as always.

January2015 · 9 February 2016 at 3:00PM

TheDebtinator wrote: »

The problem I find myself in is that what if they never tell me? I have now tried several times to obtain copies of the CCA and non have been forth coming. I want to be able to qualify for a mortgage in a 2 years so I really could do with this being sorted out one way or the other.

I appreciate your advice as always.

If they never tell you, the debt becomes statute barred after 6 years from date of last payment (I think).

Not providing the CCA doesn't remove the debt, but means it's not enforceable. It would drop off your credit file 6 years after default or settlement of account date (whichever occurred soon, and I assume it's defaulted already). Therefore regarding applications for mortgage I don't think it's going to make much difference to you now.

TheDebtinator · 9 February 2016 at 3:03PM

January2015 wrote: »

If they never tell you, the debt becomes statute barred after 6 years from date of last payment (I think)

I thought it was from date of last acknowledgment.

Either way, I'd much rather not have this for another 6 years, would much prefer to be debt free and able to start rebuilding my record...

CCA's, PRA and general advice

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