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CCCS_Amanda

newbeginning wrote: »

Hi

I've spent ages lurking round here and have finally decided to bite the bullet and go with a DMP with CCCS.

I received my letter from them today and with this there's the form to copy and send to creditors, do I send my token payments with this or does that come later?

Also despite reading almost everything on here I'm still feeling nervous, what if the creditors don't agree - the largest creditor I have is Halifax (around £13k), whats the worst that could happen??

Thanks in advance x

Hi newbeginning,

Thank you for your post.

If you can afford to send a token payment with your letter then go ahead.

If your creditor does not agree with the offer of payment that you make then generally speaking, this is what can happen.

• They will ring you and write to you and advise you they are unhappy with the offer of payment. Continue paying what you have offered.
• They could issue a default notice. A default notice is a formal letter advising you that you have broken the terms of your agreement and that they want their money back.
• They could pass / sell the debt to a Debt Collection Agency (DCA). All a DCA can do is ask you for money, they can not send a bailiff or take your property.
• The final step is a County court Judgement. Receiving a CCJ does not mean that you have to go to court. You complete forms sent to you and make an offer of payment based on your budget. As long as your offer is reasonable then the court should set an instalment amount for what you offer.

Although there are no guarantees, creditors usually go this route if your payments are unreasonable or if your payments are not regular.

Try not to worry. The first few months on a plan are always the hardest and then things do tend to settle down.

Regards,
Amanda

CCCS_Amanda

SplendidStella wrote: »

According to my credit report, I have a CCJ against me in 2006.
I was out of work during this time, and when I started working towards the end of 2006 my firm recieved a letter for an attachment of earnings. I know my employers filled in the necessary information, but I haven't heard anything since, nor has any money been deducted from my pay.

I am now in a position to start clearing this debt, how do I go about it? how do I find it again?

Many thanks

Hi there,

If you want to trace a CCJ then you can use the attached link as a starting point. They do charge a nominal fee but will give you all of the information you need relating to the judgement.

http://www.trustonline.org.uk/

Regards,
Amanda

7062

Hi, I was retired on health grounds by HSBC bank in December last year due to me having cancer 9 times since I was 14 (i'm now 32).

When I retired I had around £20,000 worth of debt over 2 credit cards an overdraft and a Personal Loan.

I started sinking so contacted HSBC to ask for a consolidation loan but as I had little income, they wouldn't entertain me so I went to a debt management company for advice and they said to make a payment of £274 per month to them and they would deal with HSBC and clear the balances over 8 years with charges of around £3500.

Since then, HSBC sent me out an offer of a Managed Loan at £202 per month and at only 1.5% interest (variable) meaning total charges were £1700. My debt company said to send it to them to look over and they would advise me if it was a good option or if there was a catch. This was in September.

They took a while getting back to me and I've again been back in hospital so I contacted HSBC to ask if I could exercise this option but they said they have to go through a new proposal as my circumstances may have changed (which they have for the better) so they did that today but their new offer was £242 per month with total charges of £6000.

Sorry for the long story but what i'm asking I suppose is, Can they do this and what can I do? Can I negotiate with HSBC, and if so how?

My other concern is that if I leave my debt management company to deal with it, they have said that HSBC will pass my debts to metropolitan but by paying my debts to HSBC, I may be able to start mending my credit history. I just feel totally lost and confused.

Thank you.

iPod_sock

iPod_sock wrote: »

Hi there, hope someone can shed some light on this one.

Okay here's the scenario, I...

• ..now have around £6,500 of debt with 4/5 different companies (reduced from £16,5000 with help from the wonderful CCCS).
• ..have an Experian 'account' and at present have FIVE defaults (of which I still owe money to FOUR).
• ..as recently as the middle of this year, moved address and have only moved over my 'good' debt e.g. mobile phone, credit card, bank account details/overdraft (never really use) etc.

And now here's the puzzling bit, having recently logging in to my Experian 'account', purchasing the credit score feature and finding myself rated over 950!!! and with 6 different credit lines all with green 0's (payments all made on time and in good standing) :T I'm super confused?!?! Obviously, my previous debt isn't wiped out and I am continuing to make good with payments via CCCS and the bad creditors still have my old address (family) details. What's the situation? only I remember seeing something similar in another forum about waiting three years then you're all good!?!?

Any help would be much'os appreciated!

CCCS, any assistance?

mtd-142128

Hi
I am in the process of changing over to CCCS from a fee charging company. I had the approvel from CCCS(yesterday) and awaiting the paperwork to complete this. I have cancelled my payment to previous company on the advisors advice(via the bank)but I've not yet written to them to confirm this.
My question is, that today I have received an Enforcement Notice from LLoyds to pay them the full amount outstanding by 14th dec.
Should I ask CCCS to help me or the other company
Many thanks
T

elephantvalley

Hi there,
I can't seem to find any financial guidance that relates to my son's situation - he has debts somewhere in the region of 30-40k mostly from bank loans, and to a lesser extent credit cards. He does not have a regular income since losing his contractor job (no redundancy) and has no assetts. He is hunting for jobs and might get the odd week here and there. He is renting a place (£1000 p/m) and now is getting into desperate straits. Unfortunately, I no longer have resources to service his loans anymore.

Would you know what his options are?

Thanks,
Ann

chinawhite_2

Hi I have a question on behalf of myself and one on behalf of my ex husband -
1. I have a bank account with A&L and have store cards with santander - can they take money out of my current account to pay the santander cards as they are all the same company ?

2. my ex has a car loan and his car is essential for his work as he is an outreach social worker - what happens to this loan when he starts his DMP - is he allowed to keep paying this in full as it is essential ?/
thanks

gerturdeanna

Hi CCCS people - I wonder if someone can help me as I'm constantly going around in circles via the phone and I'm getting ready to scream!!

I sent a fax last week marked as urgent as advised by a CCCS person - apparently they haven't got it and I was given the wrong number to fax too. I'm getting mightly harassed by creditors who are not happy about having £1 nominal payments 5-6months after Ii said I was going to CCCS for help. I'm getting court threats and alsorts.

Could someone please help me out?!?!

CCCS_Sarah

iPod_sock wrote: »

Hi there, hope someone can shed some light on this one.


Okay here's the scenario, I...

• ..now have around £6,500 of debt with 4/5 different companies (reduced from £16,5000 with help from the wonderful CCCS).
• ..have an Experian 'account' and at present have FIVE defaults (of which I still owe money to FOUR).
• ..as recently as the middle of this year, moved address and have only moved over my 'good' debt e.g. mobile phone, credit card, bank account details/overdraft (never really use) etc.

And now here's the puzzling bit, having recently logging in to my Experian 'account', purchasing the credit score feature and finding myself rated over 950!!! and with 6 different credit lines all with green 0's (payments all made on time and in good standing) :T I'm super confused?!?! Obviously, my previous debt isn't wiped out and I am continuing to make good with payments via CCCS and the bad creditors still have my old address (family) details. What's the situation? only I remember seeing something similar in another forum about waiting three years then you're all good!?!?

Any help would be much'os appreciated!

Hello,

Not really sure why it’s like this, you may wish to contact one of the three credit reference agencies.

What I would say is that it is better to let all the creditors know your current address as if they were to apply for a County Court Judgment you need the paperwork as you only have 14 days to reply.

Even if this did have any impact on your credit file, this is something that will repair in time anyway.

Sarah

CCCS_Sarah

marlen wrote: »

Capital Debt Recovery (.co.uk) say they could wipe clean my credit card because it was illegal for the banks to raise the limit without me signing a new agreement.

I would pay them quite a big fee - but it comes out of the credit card which will then be wiped so would effectively be free - but even if I paid the cost upfront it would still be much cheaper than paying back all the debt on this card plus the interest.

It all seems to good to be true. Is it or not?!

I could post more of my own details but right now I really just want to know if this is a known scam, or a loophole that is known to work.

Thanks very much.

There seems to be a lot of organisations offering “wipe-off debt” services for a substantial fee. It’s worth noting that consumer credit debts will only be written off, if there is clear evidence that the creditor in question has breached the guidelines set within the Consumer Credit Act. The commercial companies offering to wipe off debts seem to be advertising this to the wider market, without prior knowledge to the individual’s financial situation.

If you are in a position where you think your creditors have taken unnecessary action which breaches the CCA and have evidence that proves so, then you could consider going down the route of disputing the debt through County Court. I would be very careful of any organisation offering such services, especially when they are charging substantial fees with no guarantee of success, when it’s something that you could do for yourself.

My advice would be that if you do feel you have a case where you feel your creditors have breached the CCA, speak to someone who can offer free independent advice, such as the Office of Fair Trading.

More information can be found on the Office of Fair Trading website: http://www.oft.gov.uk/news/press/2008/consumeralert.