hanging my head in shame

worried_jim

Cheers Ras ! Percy Pig ignore the no smoking comment then, but smoke em' if you got 'em !
A no spend day, I have those mon to thur some weeks ! Petrol on Friday, aldi on sat and Sunday newspapers on, well Sunday! I've had accounts with mbna since around the 90's, the most recent card I would have got in 2000/2001. I have seen articles in newspaers regarding the debt not been enforced. Ethically this does not seem right, I spent the money, however if something has been documented inccorectly what harm can it do to find out ?

RAS

Jim

What is does is force MBNA to accept your DMP and prevents them from CCJs and charging orders.

Frankly, the law is over 30 years old, so any company who cant get that right deserves a kicking. If you do not respond to a CCJ threat in 14 days, you are stuffed. Why should they get 30 years and still be allowed excuses?

symikins

worried_jim wrote: »

Hello. A friend at work who I have confided in suggested that I join this site, I am a bit unsure/ nervous as I am in trouble and I don't know what to do. I've had a look at a couple of the post's on here and it seems people are in the same boat as me, I just don't know what to do.
In summary I owe (excluding mortgage) approx £30k across credit cards and bank accounts. I am ashamed to say I do not know an exact figure as I haven't looked for a long time- I am hanging my head in shame as I type this - please feel free to criticise, I deserve it and it may just be the kick up the !!!! I need. The majority of the debt £25k is with one company and I have been servicing it, the remainder, 2 bank accounts and 1 credit card I have been ignoring (although ignoring is not the right phrase to use - but I cant think of a more appropite word) as I havent had any funds to pay them. Because of this I havent answered the phone or door for a year and any post I don't recognise goes straight unopened in the bin. This is so wrong but I have to admit it has given me false comfort over the past 12 months, if I can't see it then I don't know about it. I can't belive I am admitting this to strangers on the interent- I haven't spoken to anyone face to face abnout this.
The problem started when I had a £2k paycut last year, up until this point I was just surving ( I live on my own ) since then with increased mortgage payments (I am 100% up to date with mortgage and am never late) higher food and fuel prices it has been a real struggle. I have taken a second job but all the increases in costs over the last year have not made it any easier, I also rent out my spare room.
I can't see what else I can do and am in such a mess I fear that they will come and evict me and take my flat.
I s there anything I can do, or is it to late. I am tired and feel a faliue, I have worked so hard and all my dreams and hopes are lost. I know i've rambled . sorry.

hi jim
sorry to hear about your situation , you are not alone , pse dont feel ashamed , you can get all the help you need on this website :money: , lve been helped so many times its like having a v clever best friend , youve taken the hardest step already ... by telling someone about it ,
WELL DONE YOU :beer:

chin up sweetie

worried_jim

RAS wrote: »

Jim

What is does is force MBNA to accept your DMP and prevents them from CCJs and charging orders.

Frankly, the law is over 30 years old, so any company who cant get that right deserves a kicking. If you do not respond to a CCJ threat in 14 days, you are stuffed. Why should they get 30 years and still be allowed excuses?

Fair point, I haven't had any nasty letters from them yet but when I do I should ask for a copy of the credit agreement? How does this force them to accept the dmp?

RAS

Jim

If they do not have a correctly documented CCa, then they cannot enforce the debt throught the courts, at all. Your sole defence is that they are not legally entitled to collect the money.

What this means is they if they ask you to pay more than on your DMP, you can refuse and just remind them that since you are not legally obliged to pay one penny, they need to be grateful for what they are getting.

wendy_

Hi Jim

I panicked like you and finally (after over 12 months of ignoring letters)plucked up the courage to ring CCCS, they were so helpful and friendly and have been on a budget plan for over 4 years, only occasionally do I get a letter from one of my creditors demanding full payment but CCCS assured me that as long as I am paying them an allocation out of my disposable income to ignore their threats. Do give them a ring, you will feel so much better.

Lovella

Hey Jim,
I just wanted to echo what many other people have already said, you're a real inspiration! When I read your first post it took me back a few years to when I was in a very similar situation to yours. I went on a DMP with Payplan, and I can honestly say I have never looked back! I'm so pleased to see that things are starting to look up for you. Keep going, you'll get there in there in the end, and while you're on your journey, you'll have loads of support from the people here. xx

worried_jim

Thanks for your support Lovella ! At first it does seem like a daunting task but once you get started you realise that you can deal with the problem. Even after getting things organised I am still using this site and everyday getting tips, again Ras thanks for the clarification, greatly appreciated !

terri72

worried_jim wrote: »

Drum roll...........

15.1 stones/96 kilos/211lbs.

6lbs lost, nearly half a stone ! As you can imagine I am well happy. What will the next two weeks bring !

Well Done I'm really chuffed for you.

Keep it up xx

miggy

Brilliant about the weight loss Jim! At this rate you will soon be budgetting for smaller clothes!