Just received Statutory Demand - Help what do I do please

fermi

Well, not sure if even Lowells would bother for a £2500 debt. But I wouldn't like say they won't...

How much other unsecured debt do you have in total?

If you have grounds to dispute the debts Lowell are after then you can look at getting the SD set aside and stop things that way.

For that talk to National Debtline (link in my first post) and see what replies you get on your thread at consumeractiongroup

If you don't or can't risk it, can you raise funds to pay them off?

worried_again

Thats horrific

Where should I go, who can I contact, What can I do?

Surely, Surely I cannot lose my house over an unsecured debt?

No way can I pay £2500, I barely have £250 and then I have the next round of bills in 2 weeks.

HELP

Seriously WHAT ON EARTH SHOULD I DO?????????

HELP

RAS

Follow fermi's advice and start to get the SD set aside on the grounds that the value is under dispute.

Take advice on this from NDL and CAG.

Then do a Subject Access Request for each account and start reclaiming fees etc.

You may be able to claim Cap 1 is SB and get that out of the equation.

worried_again

Do I try Citizens Advice Bureu, can they help?

Should I contact Lowells or BW whatever yo see if I can arrange a monthly payment, but no way could I do it for much.

I was worried to start with, now I'm...........

!!!!!!!!!!

!!!!

RAS

Please contact nationbal debt line as fermi dvised you in the first place

http://www.nationaldebtline.co.uk/england_wales/factsheet.php?page=36_dealing_with_a_statutory_demand

Ring them now. CAB do not often have the experience to deal with this.

worried_again

I telephoned National Debtline - they gave me nunber for Business debtline as I'm self employed.

She said not to worry, several ways of dealing with it and it maybe that it was just a letter to put frighteners on

It sure did !!

She gave me all the courses of action Ive read about on here.

She suggested ringing them to agree a monthly payment, but I said I'm sure it would not be a remotely manageable payment as theyd want as much as possible each month, which I cant afford.
Tell them that I was going to dispute it and request payment details etc via a CCA form and also send a Set Aside letter

No breakdown in the Sat Demand telling me how and where the total has come from.

I asked if I sent the set aside letter what do I put as my reasons for getting it set aside as I certainly acknowlege I have a debt to BC, but not to that level.

I really am not as rigid with fear as I was, but 15 mins after speaking to her on the phone, I'm still worried that this will go tits up and dont know which course of action to follow first

worried_again

I think I'm going to sleep on it and see if I can feel more confident in the morning.

All I have as action plan is to dispute via set aside, but no real reason why they should accept as they are MY debts, just cannot afford to pay them

RAS

You must organise the set aside paperwork quickly.

Copied from NDL

Disputing a statutory demand

If you cannot come to an agreement with the creditor, or there is a dispute, you can apply to the court to set aside the statutory demand following our instructions below.

• Once you have applied to set aside a statutory demand, the 21 day time limit for dealing with the demand stops until the court has decided whether to grant your application, or not.
• The statutory demand should tell you how and where you should apply to set it aside. This is normally in the same court that you would apply to for your own bankruptcy. If the creditor that has sent you the statutory demand is a government department, and the statutory demand says that the petition will be presented in the High Court, you should apply to the High Court.
• To set aside the demand, you must do the following within 18 days of it being served.
  • Complete an application using FORM 6.4.
  • Complete a witness statement in support of your application using FORM 6.5.

Information Look at the sample forms 6.4 and 6.5 at the end of this fact sheet, so you can see how to fill them in. These forms are available from www.bis.gov.uk/insolvency, or any legal stationer.

RAS

Can you get your credit records?

There are three providers though experian and equifax cover 95% of the market. That would allow you to work out when the cap 1 account was defaulted and possibly identify any later payments.

rossireps

remember to come on here if you need any support or questions answered.
i cant help you practically but no without people on here and nat debtline i would,never have got through my br