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Tiny DMP Wobble
Comments
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I spoke to Step Change this morning (superbly helpful as ever) and they didn't really see the point as all my creditors will get paid on 1st July however they said that I could just write to each of them and let them know that I've entered a DMP.
Will do this, this week except for Littlewoods and Very as I've heard they will call me a lot. I've changed my landline number. I dread them calling.
Hi Fuzzy
That can be true where some of the catalogue companies are concerned. Hopefully your change of number will do the trick, though. If any calls do come through, it might be worth you having a couple of set phrases written down and/or memorised that you use before ending the call. The one thing not to do is to get drawn into a full-blown conversation - the longer you are on the phone, the more likely you are to end up offering you shouldn't.
Anyway it sounds like you are making very good progress already and I wish you good luck with your DMP.
Kind regards
Dennis
@natdebtlineWe work as money advisers for National Debtline and have specific permission from MSE to post to try to help those in debt. Read more information on National Debtline in MSE's Debt Problems: What to do and where to get help guide. If you find you're struggling with debt and need further help try our online advice tool My Money Steps0 -
I spoke to Step Change this morning (superbly helpful as ever) and they didn't really see the point as all my creditors will get paid on 1st July however they said that I could just write to each of them and let them know that I've entered a DMP.
Will do this, this week except for Littlewoods and Very as I've heard they will call me a lot. I've changed my landline number. I dread them calling.
If your first payment to SC is 1st July, that money will not be distributed to your creditors until 25th July. It's safest to ensure there is never more than a 28 day gap between your last "normal" payment and your first DMP payment so I actually think sending each creditor £1 would be a good idea. Online banking payments are free, no stamp and no post office charge :T
TTFTM xLBM 10/1/12 ~ DFW Start 6/2/12: £82,344 ~ Now Zero:staradmin:starmod::staradmin Debt free 17th April 2015 :staradmin:starmod::staradmin
Eternal thanks to the DMP & Mutual Support (no.439) and Payment a Day ThreadsMortgage free 3rd July 2014 - Grateful thanks to the 2013/14 MFW threads"Debt is normal. Be weird!" Dave RamseyProud to have dealt with our debt
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Thank you, I will get down to the post office tomorrow.LBM 2 June 20140
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sourcrates wrote: »How old are the catalogue accounts out of interest ?
The Littlewoods one is from about 2006-ish and Very is from around 2012.LBM 2 June 20140 -
The Littlewoods one is from about 2006-ish and Very is from around 2012.
You could CCA them for the 2006 account, see if they have the correct paperwork, if not, makes it easier to deal with.I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter0 -
sourcrates wrote: »You could CCA them for the 2006 account, see if they have the correct paperwork, if not, makes it easier to deal with.
I'm very new to this how do I acquire a CCA? I may have been with them for slightly longer as they were previously trading under the 'Choice' name.LBM 2 June 20140 -
I'm very new to this how do I acquire a CCA? I may have been with them for slightly longer as they were previously trading under the 'Choice' name.
A CCA request is a request for a copy of your original agreement, as your account predates April 2007, when the law was changed, the correct response from them would have to be a signed copy of the agreement you were given, and it must contain all prescribed terms applicable to your account, ie, credit limit, how and when to make payment etc.
If they cant produce this, in a nutshell, they cant enforce the account through the courts, so it puts you in a much better position to either offer a really low sum to clear the debt, or even not to pay it at all.
template letter and more info available here :
http://debtcollectoradvice.wordpress.com/advice-and-templates/how-and-when-to-send-a-copy-of-your-credit-agreement/
Only a court can decide on enforceability of an account, but creditors tend to shy away from accounts with paperwork issues.I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter0 -
Sourcrates you are a star xLBM 2 June 20140
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Sourcrates you are a star x
No problem, any further questions or if you need clarification on anything when you get your copy agreement (or not) feel free to PM me or reply to this post.
Good luck. :TI’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter0 -
Just phoned the money management team at my biggest creditor Halifax. Told them I was entering a DMP with SC. The gentleman that I spoke to was actually really lovely. He kept asking me to go through an expenses and income sheet. I refused as I told him that SC would be providing Halifax with all the details.
Did I do the right thing in refusing?LBM 2 June 20140
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