Sainsburys loan in default-advice needed please

Tixy

Lornadoone wrote: »

In house collectors for 'Lloyds'?? Are you sure lloyds not sainsburys?

In house collectors for the halifax/ bank of scotland etc group (which includes sainsburys).

Tixy

Hi Lorna (again)

It should sort itself out soon, and its likely you will only need to pay the £5159 balance over the time. And a lot of people finish their DMPs gradually with full & final settlements - which means the balance and any possibility of frozen interest being recharged is taken care of.
You are likely to only be dealing with BOS going forward and the statements from sainsburys will stop.

How are things going with CCCS so far? how long have they estimated it will take on your DMP to repay all your debts?

Lornadoone_2

Tixy wrote: »

Hi Lorna (again)

It should sort itself out soon, and its likely you will only need to pay the £5159 balance over the time. And a lot of people finish their DMPs gradually with full & final settlements - which means the balance and any possibility of frozen interest being recharged is taken care of.
You are likely to only be dealing with BOS going forward and the statements from sainsburys will stop.

How are things going with CCCS so far? how long have they estimated it will take on your DMP to repay all your debts?

Hi Tixy, nice to hear from you again and thanks also for advice. CCCS have been brilliant but this situation has thrown me again although feel much better now you and fermi have advised-thanks so much.
My total debt outstanding is £25k over 5 creditors, all attributable to marriage, baby and house repairs sadly but at least now there is light at the end of the tunnel. With the amount I can afford they say it will take 6 years to clear all the balances but thats fine as my credit report is shot to bits for 6 years after defaults have been issued so why worry eh??!
I'm still in a quandary about PPI with Lloyds but hell, if I dont try to reclaim it I wont know if there is a small chance of getting the amount back and offsetting it against what I owe them too.
I did get some money back from Lloyds for something else they were being stubborn about so my overdraft is reducing slowly.
My little boy is starting school in just over a year so I'm now job hunting.......grrrrroan...its not good!!!
LD

fermi

Tixy wrote: »

In house collectors for the halifax/ bank of scotland etc group (which includes sainsburys).

Oops! That was what I meant. Reading too many thread at the same time.:o

Lornadoone_2

fermi wrote: »

Oops! That was what I meant. Reading too many thread at the same time.:o

You know it now makes sense as I was told by Lloyds solicitors that the debt was being managed/handed to BMS but I must have been misheard and its actually BOS!!

Time for a coffee me thinks........Thanks fermi and Tixy:beer:

fermi

Think about the initials.

Blair, Oliver & Scott = BOS

Believe me, that is not a coincidence. Their idea of a joke I suppose?