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iwillbedebtfreeinmylife

Hi i have another question. My oh has been paying a debt for over 4 years, which we now realise was actually paid off about 7 years ago! a few years ago we seperated, he gave, what he thought were all his debt, to a payable dmc, and just paid them every month. Great for my husband who is clinically depressed and can not handle finances.

We are now back together, i stopped using the dmc, and pay all the creditors direct. When sorting all the paper work etc i realised that the biggest debt of 12K was actually paid long before we seperated, and becasue my oh just assumed the debt was still "live" because he found a statement, he gave the details to the dmc.

Now, i have confirmed my "lightbulb moment" with his credit reports, settled long before we split. ( you can imagine the amount of debt we were in as we "forgot" he paid a 12K debt off, anyway my head is well and truely out of the sand now)

I called the national debt helpline, and they told me to send them a SAR. Which i have, and im still waiting on their reply.

My question is, after i receive their response i want to be ready to send the next letter, which is to dispute the debt, so i will edit the template letter for that. But obviously i need to ask for the money he has paid over the last 4 or so years at £80 per month. Can i ask for interest? im just not really sure what i should write. I want to keep my feelings out of it, which is hard! but i need the letter to be strong.

Any help would be really appreciated.

StepChange_Pavan

swords wrote: »

I have been a fool but I had hit the bottom and DFH were there and I didn't know where to turn for advice.

I have had a payment plan with them for 2 years and now I realise I would be better off going to CCCS.

I had my review with DFH today asked about how much I owed now wouldn't tell me, they also mentioned IVAs but then said I would not be suitable as only have 2 creditors but they could sort that well that rang bells I am not thick. The tehy mentioned equity in my house.

They went through my bills again and said some debtor would class my internet as a luxury, my sons needs it for school , I don't drive so need it for shopping.

So can I get out of this mess and move to CCCS.

Also I asked if Sainsburys had stopped the interest on my loam they said no so how am I ever going to pay this off.

I (we as joint we husband) owe to sainsburys bank for a loan and 2 overdrafts with natwest.

Can anybody please help ?

Hi swords and welcome to the forum


You should be able to cancel with DFH as a debt management plan is an informal agreement. I’d recommend that you check your terms and conditions to see what you need to do.

In terms of moving across to us, this shouldn’t be a problem at all. We would need to assess your satiation in more detail to make sure that a DMP is still the best solution for you. Most importantly you don’t have to pay a penny for our advice or any of the services we provide.

You’ll need to gather information about your household income, all your outgoings and who you owe money to including the amounts.

Once you have this information you can visit our online debt advice service Debt Remedy (http://www.cccs.co.uk/ref/drcu) to help you find a solution to your debt problem quickly.

Debt Remedy will assist you in completing a financial statement and will automatically determine your options.

You’ll receive a downloadable advice booklet providing a tailored solution for you based on your current circumstances and advice on ways you may be able to improve your situation.

If you’re not confident with computers or would like to speak to an advisor then you’re welcome to ring our free Helpline on 0800 138 1111. We’re open Monday to Friday 8am - 8pm.

If you phone us it may be possible to refer you directly to a counsellor for immediate advice. Alternatively, we will arrange for an appointment to be booked at a time convenient for you.

I hope this helps.

Kind regards,
Pavan

StepChange_Pavan

iwillbedebtfreeinmylife wrote: »

Hi i have another question. My oh has been paying a debt for over 4 years, which we now realise was actually paid off about 7 years ago! a few years ago we seperated, he gave, what he thought were all his debt, to a payable dmc, and just paid them every month. Great for my husband who is clinically depressed and can not handle finances.

We are now back together, i stopped using the dmc, and pay all the creditors direct. When sorting all the paper work etc i realised that the biggest debt of 12K was actually paid long before we seperated, and becasue my oh just assumed the debt was still "live" because he found a statement, he gave the details to the dmc.

Now, i have confirmed my "lightbulb moment" with his credit reports, settled long before we split. ( you can imagine the amount of debt we were in as we "forgot" he paid a 12K debt off, anyway my head is well and truely out of the sand now)

I called the national debt helpline, and they told me to send them a SAR. Which i have, and im still waiting on their reply.

My question is, after i receive their response i want to be ready to send the next letter, which is to dispute the debt, so i will edit the template letter for that. But obviously i need to ask for the money he has paid over the last 4 or so years at £80 per month. Can i ask for interest? im just not really sure what i should write. I want to keep my feelings out of it, which is hard! but i need the letter to be strong.

Any help would be really appreciated.

Hi again,

Once you receive the SAR this should detail exactly how much extra you have paid. Some of this could be interest but if the debt was already paid in full after a certain date, any extra money you paid after then should be refunded entirely.

You could also consider querying the DMP Company about this as they could have held these extra payments for admin fees. I guess this will become clearer once you have detailed information about how much the creditor has received over the years.

It’s probably best just to put the facts in the letter in the first instance. If you’re not happy with their response you can always take the matter further through the Financial Ombudsman.

I hope this helps.

Kind regards,
Pavan

iwillbedebtfreeinmylife

Thanks again, i have just received the SAR and they say they have written to the original creditor for the credit agreement, so i have just got to wait now.

The One and only copy of a letter from what appears to be the original creditor has clearly been copied and pasted, as it has the wrong address and no account number on it. Although why would the debt collector have a copy of a letter that the original creditor appearently sent us? Going to be a long battle ahead. Would the bank tell the dmc that there was no debt? or is that a silly question.

Thank you again

doobiesis_2

Was hoping for some advice re my mum. She has an £900 debt at the moment with capital one credit card and she's paying £20 a month off at the moment, they're not happy as it's not enough to pay the vast amount of interest it accrues every month

Her husband has just gone into a care home due too dementia And she has to pay the top up for this and its about £70 weekly. And all his benefits go towards this also.

She's got herself in a pickle and Capital one are calling her up to three times a day and threatening her with bailiffs unless she ups her payments. Needless to say she's getting upset with it and doesn't know where to go next.

My question is, can she halt the interest going up anymore (original debt was £500) and have a chance to catch her breath?

Thanks dawn

DX2

post 2109 :spam: reported.

StepChange_Pavan

iwillbedebtfreeinmylife wrote: »

Thanks again, i have just received the SAR and they say they have written to the original creditor for the credit agreement, so i have just got to wait now.

The One and only copy of a letter from what appears to be the original creditor has clearly been copied and pasted, as it has the wrong address and no account number on it. Although why would the debt collector have a copy of a letter that the original creditor appearently sent us? Going to be a long battle ahead. Would the bank tell the dmc that there was no debt? or is that a silly question.

Thank you again

Hiya,

If there was no debt in the first place, they shouldn’t have sold it on – as there wouldn’t be anything to sell on!

Hopefully things will become clearer once you have the information you need.

Best wishes,
Pavan

StepChange_Pavan

doobiesis wrote: »

Was hoping for some advice re my mum. She has an £900 debt at the moment with capital one credit card and she's paying £20 a month off at the moment, they're not happy as it's not enough to pay the vast amount of interest it accrues every month

Her husband has just gone into a care home due too dementia And she has to pay the top up for this and its about £70 weekly. And all his benefits go towards this also.

She's got herself in a pickle and Capital one are calling her up to three times a day and threatening her with bailiffs unless she ups her payments. Needless to say she's getting upset with it and doesn't know where to go next.

My question is, can she halt the interest going up anymore (original debt was £500) and have a chance to catch her breath?

Thanks dawn

Hi Dawn and thanks for your question.

I’d recommend that she writes to Capital One and explains her situation. It’s a good idea to compile a budget showing her income and expenditure to demonstrate how much she can realistically afford.

Hopefully once they see how much she is struggling they will understand and freeze the interest and charges - but unfortunately there’s no guarantee that they will.

If you think your mum might need some help in putting together a budget she can come to us for some help and support. She can call us on 0800 138 1111 and we will go through all the figures with her.

If she prefers, you can call on her behalf – we would just need her authority before we speak to you.

I hope this helps.

Kind regards,
Pavan

doobiesis_2

CCCS_Pavan wrote: »

Hi Dawn and thanks for your question.

I’d recommend that she writes to Capital One and explains her situation. It’s a good idea to compile a budget showing her income and expenditure to demonstrate how much she can realistically afford.

Hopefully once they see how much she is struggling they will understand and freeze the interest and charges - but unfortunately there’s no guarantee that they will.

If you think your mum might need some help in putting together a budget she can come to us for some help and support. She can call us on 0800 138 1111 and we will go through all the figures with her.

If she prefers, you can call on her behalf – we would just need her authority before we speak to you.

I hope this helps.

Kind regards,
Pavan

Many thanks for the advise, i'll help her set her budget up and ask them to freeze the interest for her.

Dawn

wandering_star

Hi

I'm not sure if I am in the right place?
I left my full time job in february this year due to stress/depression and have been working as a supply teacher. However the work has dried up and I have no income to pay my mortgage, car, loans, food, bills etc. I have tried to get JSA but as I choose to hand my notice in I am not eligible. I now have a new full time job from September which will begin to pay in October.
I am not able to meet any payments or afford food bills for the next 3 months and I cant get an advance on my pay.
What can I do I am really worried as I have never missed payments or fallen behind during the past?
Any advice welcome