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newby needing advice
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01 January & 14 days don't go together, when did you receive it?it basically says iv got till 1st jan to pay £689 or something like that if i pay this amount then iv to disregard the notice.
if i dont pay this and do not respond to the letter within 14 daysClick 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 professional0 -
OK, the default notice must be specific in detail which is why I wanted to see it, not to worry.
the only thing it was specific in was how much they wanted to be paid by on the 1st of jan
the rest of letter contained what they may do nothing was set in stone
they didnt say we are taking you to court, we are passing your debt on nothing like that at all.
i should know what it said off by heart as i kept staring at it all night when i got it:mad: sometimes my debt panics me..... EVEN after 4 years or so.
I will be free in less than three years with a trust deed - my only option as debt management was taking too long
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01 January & 14 days don't go together, when did you receive it?
letter was dated the 18th of december and i received it on the 22nd of December. they said payment to be received 1st of jan and sorry if it hadnt i had 14 days to respond to the letter.:mad: sometimes my debt panics me..... EVEN after 4 years or so.
I will be free in less than three years with a trust deed - my only option as debt management was taking too long0 -
How much is the debt for (Don't disclose the actual amount say £5K+ or £20K)the only thing it was specific in was how much they wanted to be paid by on the 1st of jan
The default notice will only require you to pay the arrears only, they MUST issue this before taking legal action.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 professional0 -
They've not given you 14 days to remedy the default :rotfl:letter was dated the 18th of december and i received it on the 22nd of December. they said payment to be received 1st of jan and sorry if it hadnt i had 14 days to respond to the letter.
Muppets
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 professional0 -
How much is the debt for (Don't disclose the actual amount say £5K+ or £20K)
The default notice will only require you to pay the arrears only, they MUST issue this before taking legal action.
the debt on the card is £7.5K the payment they want is the arrears from April 2008 till present date which is the £689 or there abouts
I have never defaulted from paying iv paid on the 28th of each month as thats pay day for the past 22 months. yes i i have broken the agreement as im paying less than what they want.
Some of my friends who have worse debt than me just ignore these things and dont worry but i cant i wont settle till iv paid back all i owe:mad: sometimes my debt panics me..... EVEN after 4 years or so.
I will be free in less than three years with a trust deed - my only option as debt management was taking too long0 -
That's correct, they can only chase the arrears at this stage because you still have an account with them, only when they commence legal action can they ask for the whole amount.the arrears from April 2008 till present date which is the £689 or there aboutsClick 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 professional0 -
That's correct, they can only chase the arrears at this stage because you still have an account with them, only when they commence legal action can they ask for the whole amount.
i do remember reading in the letter though that if this wasnt paid they would close the account and as said above "may" take the necessary action
im really thick when it comes to stuff like this and im sure it shows lol:mad: sometimes my debt panics me..... EVEN after 4 years or so.
I will be free in less than three years with a trust deed - my only option as debt management was taking too long0 -
OK, they "MAY" close the a/c, that means selling it off to someone else.i do remember reading in the letter though that if this wasnt paid they would close the account and as said above "may" take the necessary action
They "May" take legal action, some creditors are jumping the gun quickly nowadays and running for SD or Charging orders, don't let that scare you, but creditors seem to be clamping down where ever they can.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 professional0 -
:T you have been very very helpful and thank you with sticking with me through the posts as sometimes i dont explain things very wellOK, they "MAY" close the a/c, that means selling it off to someone else.
They "May" take legal action, some creditors are jumping the gun quickly nowadays and running for SD or Charging orders, don't let that scare you, but creditors seem to be clamping down where ever they can.
I guess now im just going to have to wait patiently for the next arrival
i can cope with the letters well just but im absolutely scared out my head that some policeman is coming to get me and frog march me down to the court and jail me silly but im a worrier
come march next year iv paid a total of over £5k to my combined debt something i didnt think possible and i know that there is a light there at the end of the tunnel
im embarrassed to be in this mess
and only me with the help of advice can get me out of it :mad: sometimes my debt panics me..... EVEN after 4 years or so.
I will be free in less than three years with a trust deed - my only option as debt management was taking too long0
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