Hit problems with American Express

Jo_Strummer

Hi, hope this is the right area, I have hit problems with two credit cards, one I think I have resolved the other seems to be getting difficult. Amex have sold my card debt to Allied International Credit the outstanding balance is £11923.25 and they have included in that a £1644.59 referral fee.

I am self employed and so far, despite a truly horrendous 6 months with no cash coming in, avoided getting a ccj. AIG keep phoning me ( 3 times in 3 days ) asking me how I'm going to settle the debt. I have said I don't have the funds to clear £11K now but can pay £150 a month, they will not entertain this and have started saying they are going to take a second charge out on the property I own and all that. When I question why they won't take the £150 they just go back to asking the same question again and again "when will you clear the balance" and then when I keep repeating that |I can't but I can make a regular payment they say I am awkward and put the phone down. They have put the phone down on me twice now after asking me to call them. But they keep calling me!

Are there any obvious things I can do? If I could borrow a couple of grand would that get them off my back or do they just want the whole debt and will go the CCj route. Will I then not be back to making an offer of a monthly payment ie £150. I can't understand what they are driving at.

Any help/advice gratefully received.

Dylanwing

I had debt problems about 7 years ago, and the one Company who Were of no help. They put me to Newmans, debt collectors !!! Mafia. Every three Months I had to provide statement of income and expenditure, they wanted about 4 times what I could afford, and in the end, I borrowed from my Mother just to get rid of them. Sorry, can't offer any positive advice at all, they were the only ones I could not deal with.