Im in a big fat ugly money mess...

MS_Kitten

Smallfries wrote: »

i agree with Happytogetdebtfree, try everything you can and the PPI route can bring you a large sum

I have no PPI. I never took it. It always made the payments even higher! I didnt see the point in it at the time. Im glad now, the figure would be much higher with it on!

tbourner wrote: »

My mum gave me a tin of spam the other day, haven't had any for years, ended up doing fried spam slices with egg and sausage for Sunday breakfast - was LOVELY!! [/OffTopic]

mmmmmmmmm Spam is soooo nice

Happytogetdebtfree wrote: »

They are pests numpty .... im waiting for the one that says il pay off all your debts lol

That one can post if he likes lol. He is more than welcome to pay this off for me! hahaha xx

MS_Kitten

Good morning everyone!

This is a nightmare. I have to get a statment or letter for each debt! There are so many! Have tried calling round but its taking forever!

Is there a quicker way than ringing them round?

Also, charging my phone at work again to save electric & having a relaxed weekend so not to spend!

Still need to have chat with OH re his contribrution. I think im putting it off a little!

Wishing you all a happy friday xx

Happytogetdebtfree

I gues to be sure it's ringing round, or you could request some credit files from equifax and yhe other 2 which I don't know who they are, I think you pay 2.99 each but don't quote me lol. How many creditors do u have?

Numpty_Monkey

You can your Statutory credit report for £2 each from Experian,Equifax and Call Credit
Details in this Credit Ratings |

or if you want to try you can get about £5 cashback for the Equifax one;)

But ringing round is usually the quickest way,
If any of your creditors have 0845 numbers look on this site
http://www.saynoto0870.com/

Happytogetdebtfree

Numpty you are a wealth of knowledge x are you any good re iva and dmp advice?

Numpty_Monkey

I know (or think I know) lots of little bits:o
I am not one of the clever ones:D

IVA's I think they are unsuitable for about 90%+ of the people they are sold to
a good think to have a look at, http://images2.moneysavingexpert.com/attachment/ivaGuide.pdf

DMP's I was on one until I got made redundant, so I know a bit more about them:o

Happytogetdebtfree

It's for a poster in diary land they are considering but I didn't have much advice and seem to be the only poster there, if you could maybe stick your Yorkshire two penney in since you are knowledgable it might help :-) it twinmum07 and twindad07 diary xx

never-in-doubt

dancingfairy wrote: »

With regards to getting debts written off like that - ie because of legal issues or because of the small print -I think it's a bit of a cop out. They lent you the money in good faith so I believe you should repay the money in good faith and not look for every little get out clause.

What utter tosh! If you have nothing constructive to add then please, don't bother posting!

Have a read of this - then you'll learn something.... Why would someone utilise Unenforceability - Question & Answer!

Most of the guys on here will be option 2.

I quote:

As the question has been asked, i'll do the decent thing and answer it, diplomatically and honestly. Hopefully then, if anyone else wants to know "under what circumstances would someone want to question the enforceability of a debt, other than to dodge it" we can link back to this post.

Lets not dwell on it, lets not quote it, lets just leave it and those that want an answer, can refer to this and have their answer.

I'll list 2 examples, of why someone may wish to pursue unenforceability;

1. The Debt-Dodger
This will be someone that has got themselves into debt, for whatever reason and has seen the coverage on the news etc and thinks they can just follow this process and walk away, debt free.

Its not true nor is it that easy! You can never walk away. There are always consequences, such as Default Entries being registered against you, possible CCJ's, possible Charging Orders, Fraud Indicators the list goes on. A debt dodger is not welcome on this thread. We will not give them the time of day, they are easy to spot and if you have a spare week check the first ever thread I done (from page 1, post 1) and you'll see there were a few there - they all came unstuck when they started to get default notices!

2. The Last Resort
This will be someone that has tried everything, they are paying Peter by taking from Paul and their outgoings far exceed their income and they may be considering an IVA or Bankruptcy.

In this situation, the debtor may have been in a great job or whatever, they then lost that job and could no longer afford their liabilities. We do not judge, we all make mistakes. Therefore, the debtor tries to speak to the lender and negotiate some type of repayment plan - maybe paying 50% per month until they find a job. Usually the lender (creditor) will say no, and sell the account to a DCA. Obviously the debtor is left scratching their head because they have tried almost everything and the lender has repaid their years of loyalty by threatening them with bailiffs or whatever.

The debtor then realises the lender is in fact using illegal bullying methods and decides to fight back. They therefore attempt unenforceability for a couple of reasons, mainly to get them off their back - some normality, as such. But secondly as a little revenge. You'll find almost every person I help on here has tried to negotiate in some way prior to posting up here - but when they keep hitting a brick wall, what do you expect?

The above examples, though not exhaustive, are the main two reasons that someone may decide to "question the enforceability of a debt, other than to dodge it"

I trust this question has now been answered - lets move on, yea?

never-in-doubt

Happytogetdebtfree wrote: »

Numpty you are a wealth of knowledge ?

You've been drinking - how much has he paid you to say that in public?

Go on tell us? :rotfl: :rotfl: :rotfl:

Andy, love ya really mate :kisses3: :rotfl:

Smallfries

MS_Kitten wrote: »

I have no PPI. I never took it. It always made the payments even higher! I didnt see the point in it at the time. Im glad now, the figure would be much higher with it on!


Are you sure? Welcome finance are bad for misselling i am told. i didnt know i had it untill recently