do i have to send an income expenditure form to debt collector

Becka38940

I wish everyone on here would calm down!

All if these companies are fighting for license by the FCA which means they are not going to ask you to increase if you can't afford it.

If the cost of living has gone up, send them a copy of it. If they ask you to increase, and you feel you can't.. Say no!

There is nothing forcing you to increase and unless your figures are higher than the Common Financial Statement trigger figures they would have difficulty taking you to court.

Stand up for yourself but there is no point sitting and ignoring them and trying to get one over. You don't have to agree to demands but be reasonable and you might be surprised!

Lensman_2

Becka38940 wrote: »

All if these companies are fighting for license by the FCA which means they are not going to ask you to increase if you can't afford it.

I wish I had the benefit of your experience.

Mine is 180° opposed to yours. They will grab any excuse they can get to screw you for another increase. Common financial statement, reliable payment history, affordability or legal entitlement doesn't make any difference.

sourcrates

heatherks wrote: »

.i also sent LITTLEWOODS a prove it letter which they declined to respond to

Don't send them a provit letter.


Send them a CCA request, see below :


Quote:

(Your home address)
Date:

To:

Dear Sir/Madam

Account/Ref No:

With reference to the above agreement, I/we would be grateful if you would send me/us a copy of this credit agreement and a full breakdown of the account including any interest or charges applied.

I/we understand that under the Consumer Credit Act 1974 [sections 77-79], I am/we are entitled to receive a copy of any credit agreement and a statement of account on request.

I/we enclose a payment of £1 which represents the fee payable under the Consumer Credit Act 1974.

I/we understand a copy of any credit agreement along with a statement of account should be supplied within 12 working days.

I/we understand that under the Consumer Credit Act 1974 creditors are unable to enforce an agreement if they fail to comply with the request for a copy of the agreement and statement of account under these sections of the Act.

I/we look forward to hearing from you.

Yours faithfully



Your name.

longtermplanner

I don't disagree with the suggestion to send a CCA request as the debt is that old.

But to answer the original question, no you don't have to send an I&E, but then they don't have to freeze interest and they can go to court for a CCJ... So sending them an I&E which shows you are paying them what you can afford is a sensible move.

heatherks

thanks for your replies but this query was from last year 2013

they replied saying they would accept what was previously paying .
. ..i ended up offering them a F&F which they accepted so one less to worry about

Mort

heatherks wrote: »

thanks for your replies but this query was from last year 2013

they replied saying they would accept what was previously paying .
. ..i ended up offering them a F&F which they accepted so one less to worry about

Great result.

chesky

It's nice to hear an outcome - so often you wonder what happened to someone.

But it does drive me mad when someone resurrects an old thread AND DOESN'T SAY SO!!!

Lensman_2

Looks like it was me. It was a mistake - I read this board daily and only post up on posts I haven't read that day. How I replied to a year old post escapes me.