write off credit card debt

Bob_the_Saver

janeway1 wrote: »

Yes it did but if the lot gets wiped??? Better if I can do it myself for free tho

Please let us know if you ever see any of your £495 again

Please let us know if you have one single penny wiped by them for you.:rotfl:

simon_templar_2

Doubt it...

never-in-doubt

I wonder what simon got up to then? Bad boy!

ManicMum

Sorry but is it me but does anyone else find it morally wrong that you can rack up credit card debts and then try to wriggle out of them by saying agreements are unenforceable? Even if that is true, it surely can't be right that the rest of us are paying off our debts on our cards or not buying things in the first place to run up these debts? How right is it that you can spend what you like then just think it's ok to get it wiped out? I think that's disgraceful.

ILW

I would not let it bother you, evidence of success seems very thin on the ground. Seems to have gone a bit quiet from the OP, probably thinking about what they could have done with that £495.00 over christmas.

never-in-doubt

ManicMum wrote: »

Sorry but is it me but does anyone else find it morally wrong that you can rack up credit card debts and then try to wriggle out of them by saying agreements are unenforceable? Even if that is true, it surely can't be right that the rest of us are paying off our debts on our cards or not buying things in the first place to run up these debts? How right is it that you can spend what you like then just think it's ok to get it wiped out? I think that's disgraceful.

Not another one! Get off your high horse and smell the coffee! :mad::mad: The CCA is an act, of parliament and must be adhered to and if it is not then the lenders are in breach and therefore the debtor need not pay the balance. Jees, instead of piping up with bitterness, just walk on by - please, do us a favour!

Ignorant is not bliss, contrary to popular belief

Read these!

http://www.thisismoney.co.uk/credit-and-loans/dealing-with-debt/article.html?in_article_id=495575&in_page_id=62

BBC News | Lenders warned not to mislead customers over debts

http://www.liverpooldailypost.co.uk/...2534-25342593/

never-in-doubt

ILW wrote: »

I would not let it bother you, evidence of success seems very thin on the ground. Seems to have gone a bit quiet from the OP, probably thinking about what they could have done with that £495.00 over christmas.

Not really mate - there are a few more coming to light now, plus next month will be the real tell-tale sign

But I agree, the OP must be gutted at wasting £500! :rotfl::rotfl:

ManicMum

No mate. you are wrong. It is people like this and people like you that are destroying society. people who take no responsibility for themselves and then expect everyone else to pick up the tab. You get yourself into a mess, get yourself out. No one pays my bills for me and I wouldn't expect them to either. You buy the goods, you pay for them. If you can't afford them, don't get them in the first place.

never-in-doubt

ManicMum wrote: »

No mate. you are wrong. It is people like this and people like you that are destroying society. people who take no responsibility for themselves and then expect everyone else to pick up the tab. You get yourself into a mess, get yourself out. No one pays my bills for me and I wouldn't expect them to either. You buy the goods, you pay for them. If you can't afford them, don't get them in the first place.

I am not wrong, I think that is evident from my knowledge in this field. Thanks for your concern though...

I am not in any debt and never have been in my life, I actually live very comfortable but got involved in this due to ID Fraud. However, I am 100% pro-consumer, yes. For that I will not be ashamed, if the banks acted appropriately at the time then we wouldn't be using the law to fight back would we?

I think you miss the beat with respect to your knowledge of how the banking industry actually works, maybe time to wiki it or at least learn the basics then i'll have a constructive discussion with you - if you so desire? If not, please don;t take it personally - it is the law. :D:D

For your info, the banks destroyed society all on their own - not because of credit card unenforceability claims!

ILW

never-in-doubt wrote: »

Not really mate - there are a few more coming to light now, plus next month will be the real tell-tale sign

But I agree, the OP must be gutted at wasting £500! :rotfl::rotfl:

Helo again.

None of the links show any evidence of credit card debts being written off, they do refer to unenforceability.
I would suggest there is a difference between the two and the OP seems to be under the impression that they will get the former. I would suggest it is probably worth a punt if you are already in financial straits with nothing to lose, but as an easy route to "free money" could well make a "not too bad situation" worse even if you "win".
Guidance on the possible pitfalls seems to be rather ignored in the race to get the cash and get one over on the banks.