January 2015 is the beginning

Brogden

January2015 wrote: »

Rejection of F&F offers coming thick and fast now Oh well, it is what I was expecting....but it would have been nice if just one had accepted.

RBS outright refused the offer and made it clear the only settlement they would accept is the full outstanding balance - not negotiable. Oh well....they can wait nine years for their money then.

New job starts next week (officially it's Friday but I can see out this week with my old team before moving across to the new team). Fingers crossed it goes well.

Happy Tuesday everyone

All the best with the new job Jan .

I am sorry to hear about the refusals. I hope you don't think me or anybody else talking of F&F's was talking porkie pies .

I know we up against it with many original creditors where the debts have not been sold but most will reduce a bit after a while. When I did my first round of P&F's (let's get it right ) I had been on a DMP for about three years. So it was early 2015 and most defaults occurred early 2012. I think Jan that's a good bit longer than you and should explain the reluctance on the part of the predators to wheel and deal a little with you.

Keep the money safe but if you need to see some early progress then hit any debt purchasers who have bought debts really hard and possibly forget about original predators for now. Remember we don't want to hit those who have appointed DCA's but only those which have been sold. I am thinking of the likes of Bowell, Carboot, PRAT, Sparrow Lobal. They all expect to wheel and deal .

Most of all don't be dispirited.

Brogden.

January2015

Brogden wrote: »

All the best with the new job Jan .

I am sorry to hear about the refusals. I hope you don't think me or anybody else talking of F&F's was talking porkie pies .

I know we up against it with many original creditors where the debts have not been sold but most will reduce a bit after a while. When I did my first round of P&F's (let's get it right ) I had been on a DMP for about three years. So it was early 2015 and most defaults occurred early 2012. I think Jan that's a good bit longer than you and should explain the reluctance on the part of the predators to wheel and deal a little with you.

Keep the money safe but if you need to see some early progress then hit any debt purchasers who have bought debts really hard and possibly forget about original predators for now. Remember we don't want to hit those who have appointed DCA's but only those which have been sold. I am thinking of the likes of Bowell, Carboot, PRAT, Sparrow Lobal. They all expect to wheel and deal .

Most of all don't be dispirited.

Brogden.

Hi Brogden

Many thanks for dropping :beer:
I was totally expecting every single rejection. I went in low and will now play a waiting game with funds safely stashed. I also know having only been on the DMP for just over one year that this is early on in the game of P&Fs. We just happen to be fortunate to have had an opportunity to access a reason sum with which to start thinking about P&Fs (see.....I got it right this time round )

We have been paying token payments across the board for Feb and March and I am rethinking who is going to get what for April. As you say, DCAs can have payments where they have purchased the debts. Everyone else is going into the time out box until they start playing ball properly:rotfl:

I'm not dispirited - sorry if my post read that way. I really was expecting each and every letter to say more or less what it did.

Er....change that....I am a bit dispirited...not with DMP, but I am not looking forward to change at work. Still at least I managed to stay in a job:T

Jan -x-

January2015

First day of my new job - trying to be positive I have to hope it will get better

I think I just felt a bit like a fish out of water in an established team but I am the new girl (but not really new as I have worked in the building for over a decade).

Hey ho - it's a job, it pays the DMP

January2015

Day 2 of new job and didn't like it any better I'm sure the new team are a great bunch really, but they feel very "cliquey" (is that even a word!)

Good thing is tomorrow is my Friday as I have Thursday and Friday off

System

Sorry to hear you don't like the job. This is exactly what happened to me with the council after I got made redundant and the new job I went to was awful. Hope your's improves though and doesn't make you ill like mine did. With me it wasn't just that I didn't like it, it was so much stress and so out of my comfort zone and no training and help from managers....who were both under consultation and being made redundant anyway....typical council!

January2015

ploppy57 wrote: »

Sorry to hear you don't like the job. This is exactly what happened to me with the council after I got made redundant and the new job I went to was awful. Hope your's improves though and doesn't make you ill like mine did. With me it wasn't just that I didn't like it, it was so much stress and so out of my comfort zone and no training and help from managers....who were both under consultation and being made redundant anyway....typical council!

Thanks Ploppy. It's early days yet - and my DH keeps telling me to be positive, so I am trying.

I think it's partly because in my last role I worked with a fantastic team and had a brilliant manager who both supported and motivated the team to continually review and develop our roles. My new manager seems to just be a miserable so and so who makes me feel I was landed on him and he had no choice. I can do the work, just need to keep my head down and take each day as it comes.

January2015

Hello Diary

The savings account is healthier than it has ever been - thanks to a bumper start from DH's pension payout and token payments to predators for 2 months we now have almost £23k in savings. Never in our lives have we had that before.

Strangely I am more depressed about it than I would have imagined. Not because I want to spend any of it - in the past I would have been planning newer car, updating furniture, landscaping garden - and any other pointless things I could think of until it was all gone However, I really have learnt my lesson and had my LBM in January 2015. This money is for our debts now.

It's sitting in savings because I am saving it for F&Fs that are less than the full amount owed. I know some will frown on that, but realistically this could be achieveable. So why I am I depresssed? Because our debt total hasn't gone down even though we tried low F&Fs (which we never really expected to accepted in all honesty). In my head I know we are really somewhere between £50k and £61k in debt now - that's if I just used the savings to pay of balances as they are now. But....money will sit in savings for several more months and fingers crossed will eventually get paid to predators when/if they start negotiating.

I know I most likely have to wait for debts to be sold from predators to DCAs. It's a waiting game and patience has never been one of my virtues.

BC is driving me nuts. Because we have dropped to token payments they are wacking on massive interest each month. Please BC, just default the accounts asap!

I also think part of my fedupness (is that a word?) is because I am still unsettled in the new job. It will get better.

System

Hi Jan
Glad to see you have healthy savings....wish we did...LOL. Let me know if BC actually stop you interest and default you. I am just about to write them a grovelling letter today, explaining that our debt with them has actually gone up in the last 3 months, due to paying only £5 a month and they still added on interest. Our new DMP amount with SC is now a lot lower than it was before, due to my job situation, so we really need BC to stop our interest or the debt will continue to grow and never get paid. Think I might say to them that if they don't stop interest, we will actually stop payments!

January2015

Better day at work today. Not brilliant - but better. I think it's me to be honest. I think I need to rethink my attitude to change.

System

January2015 wrote: »

Better day at work today. Not brilliant - but better. I think it's me to be honest. I think I need to rethink my attitude to change.

I think we get to a certain age where we just don't want change. I know I certainly didn't and still can't get used to having lost my last job, which I loved so much. Hope it gets better.x