debt balance request of creditors

sporty1

Hi i was wondering is there any templates out there were i can find , to use i would like to request a uptodate balance from my 5 creditors, i have an idea of course but would like it in writting of them so i can keep it in my file £3000 in total approx owing
can i legally request one and do they have to send one if i request it
many thanks

paulmapp8306

Ring them and ask then to send a statement of account.

They legally have to supply one every 12 months now.

fermi

What sorts of accounts/debts? And are they defaulted?

There are slightly different obligations on creditors depending on the type of debt, and different bits of legislation/guidance you can rely on.

So hard to say how to word any such request to best effect without knowing the sort of debts involved.

datlex

I agree ring them and ask. It shows you are taking responsibility and may mean they are more reasonable with you. I know from past experience that talking to companies I had debts with when times were hard meant agreements to reduce payments without any defaulting on the debt.

fatbelly

I generally find that if creditors want payment, they'll write to you and quote the balance owed.

I'd only go through the exercise you are contemplating if you are collecting information for an IVA/DRO/bankruptcy.