Please please Advice wanted please

Morglin

ukmartian wrote: »

Please forgive this post , but i dont want any negatives saying I was stupid , as i know i was .....But 4 years ago I was a guarantor for my daughter to a company FLM now Amigo ..i stupidly didnt read the small print as i was a dad but get taken in by the phone spiel ...and got ripped off ...briefly we have had probs when both myself and daughter lost our jobs we have paid up some how ...however I am now working again although with a 30% salary reduction but my daughter got sanctioned last month and was unable to make her payment ...and the onus fell on me but I hadn't budgeted for their payment...I have answered them and spoken to them replied to their e mails ..read their letters ..they have tried to intimidate and bully me the last letter said they have contacted the credit agency as they considered i was not living at my address and said they were unable to contact me I have been threatened with legal action to collect the FULL OUTSTANDING BALANCE ...I have told them that as i have not budgeted for their payment and i would not be in any position to pay them for a few weeks ...they just will not accept my situation .......can they do this.... I have had 3 phone calls 4 texts and 18 e mails notifying me that the payment is late ...and that is in the last 3 weeks out of desperation I have spammed their texts and phone calls ... but I have responded to the e mails , but the stress is now causing family arguments ...I have other debts but other companies have set up payment plans and are more than happy and understand the probs i have ...can they chase me like this ...I have never refused to pay them ..but when you lose £500 a month in wages thing just dont add up ..oh by the way we are 2 weeks late .:(

There are proven successful template letters here for contacting companies, where you need to negotiate reduced payments. Might be worth a look:

http://www.consumeractiongroup.co.uk/forum/forumdisplay.php?405-Debt-Collection

Lin