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Virgin and CCA
Comments
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Again, you need to bounce this question at one of the debt charities, but, in essence, as long as you are making 'token payments' the creditor will not be able to force you, through the courts, into making payments at a rate you can not afford. There are some posters who have been making 'token payment' for many years.
Would they be willing to do that if you don't do the same with all your creditors. I had the (possibly incorrect) idea that they are unwilling to do this if you can't show you are treating all your creditors fairly.
But you're right, it's a question for the charities or an expert.0 -
SerenaGoode wrote: »Would they be willing to do that if you don't do the same with all your creditors. I had the (possibly incorrect) idea that they are unwilling to do this if you can't show you are treating all your creditors fairly.
Precisely why I reccomend talking to NDL/CCCS. Whatever the outcome, there WILL be a solution for the OP.
Certainly making 'Token Payments' will buy a bit of time.I am NOT, nor do I profess to be, a Qualified Debt Adviser. I have made MANY mistakes and have OFTEN been the unwitting victim of the the shamefull tactics of the Financial Industry.
If any of my experiences, or the knowledge that I have gained from those experiences, can help anyone who finds themselves in similar circumstances, then my experiences have not been in vain.
HMRC Bankruptcy Statistic - 26th October 2006 - 23rd April 2007 BCSC Member No. 7
DFW Nerd # 166 PROUD TO BE DEALING WITH MY DEBTS0 -
Precisely why I reccomend talking to NDL/CCCS. Whatever the outcome, there WILL be a solution for the OP.
Certainly making 'Token Payments' will buy a bit of time.
Good point. I have found National Debtline to be fantastically useful - very good for staying calm and seeing the right options when you are personally in a blind panic...0
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