Setting Off Query

needhelpindebt

Hi,

I have a Barclaycard which i am trying to agree a F & F settlement for.

However i also have a current account and joint account with Barclays.

Is it possible that barclaycard can "take" any money for either of these accounts to pay off the barclaycard?

Thanks.

Ames

Yes it is. You need to open an account with a bank that's not connected to anyone you or your partner owe money to.

DGJsaver

and be smart about it because i`m surprised they havent done it already!

needhelpindebt

DGJsaver wrote: »

and be smart about it because i`m surprised they havent done it already!

I have a "empty" credit card with M & S with £4k credit limit.

Would it be advisable for me to transfer the balance of my Barclaycard (£3300) across to the new card?

DGJsaver

needhelpindebt wrote: »

I have a "empty" credit card with M & S with £4k credit limit.

Would it be advisable for me to transfer the balance of my Barclaycard (£3300) across to the new card?

I thought you were trying to arrage a f + f on it ? , you wont be able to do that till you default it....so swopping it defeats the object ? no ?

needhelpindebt

DGJsaver wrote: »

I thought you were trying to arrage a f + f on it ? , you wont be able to do that till you default it....so swopping it defeats the object ? no ?

Yes i have recently sent a letter trying to agree a F & F. However i expect this to be rejected as i have never broken the terms of my agreement / have kept up with payments etc. and the card is less than a year old.

I am just trying to prevent Barclaycard from taking money out of my joint account as my partner who i share the account with is unaware of my debts.

DGJsaver

So why are you asking wether to transfer the debt to another bank ?!

needhelpindebt

DGJsaver wrote: »

So why are you asking wether to transfer the debt to another bank ?!

I am just trying to make sure that i have no debt with the bank that i have the joint account with (Barclays)

Therefore i need to get rid of the credit card that i have with Barclaycard so that they can not take any money from any bank account that i have with them.

I do not want to set up a new bank account as i do not want to raise any suspicion from my partner.

DGJsaver

Ok
if thats the case
Transfer to the best deal you can get......either try to manage your payments or default on them straightaway , wait for it to be sent to whoevere m&s use , then f+f them....

Its gonna be a rocky ride though

needhelpindebt

DGJsaver wrote: »

Ok
if thats the case
Transfer to the best deal you can get......either try to manage your payments or default on them straightaway , wait for it to be sent to whoevere m&s use , then f+f them....

Its gonna be a rocky ride though

Tell me about it!

Thanks for the advise

DGJsaver

Comes across suspiciously of fraudalent actions mind you.....!