Debt Company Demanding Financial Info

michael1983l

poppasmurf_bewdley wrote: »

And the judge can force the OP to produce his financial statement, which is what the OP doesn't want to do. Back to square one!

The financial statement would be shown to the court not the DCA. The OP didn't want to show it to the DCA. Not back to square one. Either way a judge would look at the SOA far more fairly than a DCA would.

chanz4

wouldnt a court also have further costs added

harveybobbles

Send this...

Dear Scumbag DCA.

Thank you for inviting me to complete and income and expenditure form.

I have now completed this and can see that I will have less money than I thought, so my monthly offer will now be £2.00 per calendar month, to be paid on the same date as before.

I will continue to pay £2.00 per calendar month until my situation improves. I will be in touch when it does.

Once again I thank you for bringing my income and expenditure to my attention.

Love and hugz..

PS DCA's have no legal powers to see/demand anything.

Hanky_Panky

Honestly I really despair when I see such one eyed responses on here.

Of course the DCA has no right to see an I&E but equally they don't have to accept token payments either.

I would like to presume that the OP actually wants to resolve this rather than enter some petty squabble to try and prove a point that may actually put them in a worse financial situation - madness !

What's the point of using having the common financial statement if people aren't going to use it ?

OP - unfortunately an agreed payment has been missed. The lenders agent would now like to assess the current payments you are making using an I&E. If you feel uncomfortable doing this then please seek help from one of the charities than can assist you with this and who can then act on your behalf with the agent. You may end up showing you can pay less !

By not cooperating with them they may take you to court or take other action that could result in further charges being placed on your account. Up to you.

erichitchmow

Thank you all for your advice, just thought I'd update with what happened when I called earlier today.

I spoke to a guy who was a polar opposite to those I had dealt with on previous occasions. He offered to take my missed payment and when I brought up the direct debit increase, he simply offered to set-up the original amount as normal. Quite bizarre.

So, panic over. Thanks again for chipping in all!

rizla_king

Pays to stick to your guns with these people and only pay what you can afford and not give in to their demands.

As youve found some of their staff are complete cretins and try it on.

matttye

Hanky_Panky wrote: »

Honestly I really despair when I see such one eyed responses on here.

Of course the DCA has no right to see an I&E but equally they don't have to accept token payments either.

I would like to presume that the OP actually wants to resolve this rather than enter some petty squabble to try and prove a point that may actually put them in a worse financial situation - madness !

What's the point of using having the common financial statement if people aren't going to use it ?

OP - unfortunately an agreed payment has been missed. The lenders agent would now like to assess the current payments you are making using an I&E. If you feel uncomfortable doing this then please seek help from one of the charities than can assist you with this and who can then act on your behalf with the agent. You may end up showing you can pay less !

By not cooperating with them they may take you to court or take other action that could result in further charges being placed on your account. Up to you.

Whilst it's a good idea to come to an agreement, it's important that people know what rights these debt collection companies have and that is not very many at all!

If someone doesn't want to send an I&E form they have no legal obligation to do so.

Hanky_Panky

matttye wrote: »

Whilst it's a good idea to come to an agreement, it's important that people know what rights these debt collection companies have and that is not very many at all!

If someone doesn't want to send an I&E form they have no legal obligation to do so.

It's not all about being 'right on man' - use your common sense !

eyeopener2

If dcas were decent company's nobody would have to fight or stand their ground. You can see from the posters experience that they could have been pressurised into paying more than they could afford and all the problems that would ensue from that. Yet they ring again and get a totally different response!

Dcas prey on people who cannot stand up to them, they bully, harass and are generally unpleasant. They also tell lies,time and time again.

Use common sense,I agree, but fight when you have to.

matttye

Hanky_Panky wrote: »

It's not all about being 'right on man' - use your common sense !

Knowing your rights is important otherwise you'll get swindled by these glorified crooks.

I'm of the opinion that people should pay what they owe, but some of these debt collection agencies will lie about their powers, throw illegal charges on top of the debt and basically do everything they possibly can to get as much money out of people as possible.