Write of credit card debt

Blondbird

Hi, Can someone tell me if debt built up on credit cards commenced before 1997 can be written off. I have been contacted by a company saying they can do this but I have to pay them £1000 for the priviledge and they say they have had 100% success in writing off most debts before this date.

rsykes2000

They want to earn money from you. Search this board about writing off credit card debt and you will find many many threads and opinions as it has been posted plenty of times before.

Ninarennie

This is what has happened to me , they have charged me £900 to clear my debt - Im just not sure what to do !

PNPSUKNET

how much you owe?

p00hsticks

Blondbird wrote: »

they say they have had 100% success in writing off most debts

So they haven't had 100% success in writing off ALL debts then ?

Why don't you suggest to them that as they're so confident of success, then they would surely be happy to operate on a 'no win no fee' basis and see what they say ? I somehow suspect they'd not be that enthusiastic....

Ninarennie

I have £2000 on my card and they have charged me £900 - They have said they will give me the money back if I dont win the case - The company is called Octrino

nomoneytoday

If you give me £899 I will tell you the odds of winning such a case

NickX

Come on people. This is posted everyday.

These companies have one sole purpose. They want to line their own pockets. Stay clear of them.

You can challenge your CCAs yourself and the letter templates are on this site with plenty of advice and opinions.

If you pay upfront for the service, what are you going to do when they fail to get any debts written off and suddenly stop trading ? Please common sense is required here.

dzug1

Blondbird wrote: »

Hi, Can someone tell me if debt built up on credit cards commenced before 1997 can be written off. I have been contacted by a company saying they can do this but I have to pay them £1000 for the priviledge and they say they have had 100% success in writing off most debts before this date.

In some circumstances it can - but not always.

'100% success' in writing off 'most debts'??? Not exactly consistent is it?

If it is possible in your case you can DIY and save their fee.

fermi

Believe me, DO NOT even entertain using the services of these "vultures".

If you are having problems with your debts, then post on the Debt-Free Wannabe board and read:

Link: Problem Debts: what to do and where to get help

p00hsticks

Ninarennie wrote: »

I have £2000 on my card and they have charged me £900 - They have said they will give me the money back if I dont win the case

I'm sorry but I think you've been had.....