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Debt letter templates
SilverLining_2
Posts: 58 Forumite
Can someone please help in finding a letter template for me. I have seen it on here before but now can not find it as needed.
Basically, I have already sent a DCA a letter stating my incomings and out goings and can hold off any action for a month or two until on my feet.
They have replied in saying that they will only accept a minimum of 1% of the outstanding balance (total £5582) - I dont even have £50 to buy my food each month let alone pay them!!
Is there a letter to re-ask?!
I am on SMP and this only covers my mortgage and council tax and im still short of these.
Grr, these debts are driving me barmy, just as I got them all sorted with offers, my other half loses his job -jsa is saying they have a backlog for a month?! so no extra money until then
Basically, I have already sent a DCA a letter stating my incomings and out goings and can hold off any action for a month or two until on my feet.
They have replied in saying that they will only accept a minimum of 1% of the outstanding balance (total £5582) - I dont even have £50 to buy my food each month let alone pay them!!
Is there a letter to re-ask?!
I am on SMP and this only covers my mortgage and council tax and im still short of these.
Grr, these debts are driving me barmy, just as I got them all sorted with offers, my other half loses his job -jsa is saying they have a backlog for a month?! so no extra money until then
Bank Charges = Cahoot bank account refunded £1640 asked for £1871 / Barclaycard refunded £480 asked for £480 Black Horse PPI refunded £797 asked for £797
0
Comments
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Hi SL - Have a look at the following National Debtline link:
http://www.nationaldebtline.co.uk/england_wales/factsheet.php?page=14_what_if_a_creditor_refuses_my_offer_of_payment
Hope that helps. :beer: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 -
Just to add:
You pay them what you can afford. There is NO minimum that they can accept.
If they don't like what you can afford, then that is just tough!Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB
IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed0
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