Trying to identify if a bank account belongs to DCA or Halifax

EvianBackwardsIsNaive

Hi,

Sorry if this is the wrong place to post this but been in a DMP for a couple of years and the company handling it is closing down so will no longer be managing the accounts.

The biggest debt is a Halifax loan with 6200 remaining to be paid, and the DMP list "Blair Oliver & Scott" as the person receiving the money for Halifax. However, when I look up the company they don't have a website and they are dissolved according to Companies House and Company Check etc.

So I'm trying to figure out who's actually been getting paid every month (The balance IS reducing per my Experian credit report so it has been getting paid down each month). All I have is the name Blair Oliver & Scott as well as the bank details the payments go to.

Is it worth me posting the bank account details here? I did look them up on a sort code checking website and the account is a Halifax account but all that really tells me is where the persons account is.

I'm wondering if there's a list online of Halifax Loan / Retail Recoveries bank account numbers + sort codes that I could refer to so I can determine who to contact to arrange to keep paying.

Thanks for any advice, the reference number I have for the account starts with a six and does not look like a normal Halifax Loan roll number as they usually start with a number or letter and a slash (E.g 7/6543210000)

I know I should have always kept the paperwork but at the time I was young, stupid and obviously not being very responsible to get into the debt in the first place.

I can still send this months payment to those bank details but I need to speak with somebody to make sure they correspond directly with me instead of the DMP company which will be closed soon.

sourcrates

Hi,

Blair, Oliver and Scott are the "in house" collections dept for Halifax bank and bank of Scotland.

So your debt is still with the Halifax.

If you are contemplating starting a new DMP, please do so with a free provider such as stepchange, they won't charge you any fees and there service is free.

EvianBackwardsIsNaive

Hi,

Thanks for your help, I called the regular Halifax number and they have confirmed the name is no longer in use but that it is indeed in-house at the Halifax right now. I feel like this is a positive thing in that they may be easier to deal with directly anyway.

I have agreed to keep the current arrangement in place until it expires at the end of November. I will need to re-negotiate the payment in time for December's due date.

I've decided to manage this myself as the overall number of creditors has reduced over time, I'm not overwhelmed like I was back at the time and I'm more mature overall - In a much better position than I was a few years ago when this started.

It's been a blessing as it's helped me re-focus on how I can resolve the outstanding amounts in the quickest way possible without stretching myself. Also like you say I've stopped paying the fees now for what was an initial quick fix at the time to get it all off my plate.

I am going to have to do a new Income + Expenditure form at the end of November and have a question - If the form showed I had say £300 disposable income (Excluding any payment to Halifax), and the current agreement is for £173 will they/can they demand that I pay them £300 per month?

I'm hoping to be in a new and slightly higher paying job in November but it would be nice to be able to reap at least some of the rewards - I know the debt is defaulted and you could easily say I should just work and sit in at home until it's paid off.

Just doesn't feel like that's much of a fulfilling life without any social engagements or the odd trip away, I'd like to be able to do these things with some of the disposable income and I think that's okay personally as long as you aren't going into further debt.

Obviously the answer to the question has to revolve around once the debt has defaulted is it technically due in full immediately and you should technically use all disposable income towards it?

National_Debtline

EvianBackwardsIsNaive wrote: »

I am going to have to do a new Income + Expenditure form at the end of November and have a question - If the form showed I had say £300 disposable income (Excluding any payment to Halifax), and the current agreement is for £173 will they/can they demand that I pay them £300 per month?

Hi

It’s an informal negotiation at this point so they can say they want any amount really, but you’re in a position to offer what you feel is fair and stick to it. Technically a debt is due in full once you've defaulted.

If you want to allocate money for specific things it's best to include it in the expenditure part of your budget. If you have multiple creditors the generally accepted way to divide money up is to offer a pro-rata share of the surplus on your budget. If you list your other debts each creditor can see they’re getting their fair share.

James
@natdebtline

EvianBackwardsIsNaive

Thank you for your response.

Is it usually acceptable to include "non-priority" expenses on the expenditure form - For example things like:

Holidays
A Netflix / Spotify subscription
Software subscriptions needed for work
Money owed to a family member
Money towards birthday presents for wife/nephews/nieces
Money for hobbies

Would they ever expect you to cancel the kind of things above to prioritise giving them more money?

I guess since it's informal, if they were unhappy with the amount offered then they would formally write informing of the minimum payment they will accept and that they will take action if that payment is not met?

I guess what I'm not clear on is whether the expenditure form will be taken as "This is what they spend their money on, so we can only ask for £x" or if it's "You shouldn't be wasting money on XYZ, cancel these and give the money to us instead"

I really want to appease them enough that they won't apply for a CCJ, but I guess there's no defence against that other than paying what they request?

National_Debtline

There are spaces for the types of expenditure you mention on the statement of affairs template.

http://www.stoozing.com/calculator/soa.php

You can make them an offer and if a creditor has an issue with the amount you spend on a certain thing they will probably let you know, or at least ask for a larger payment from you. The only way to test the water is to make them an offer.

If they intended to apply for a CCJ they should give you prior warning of their intentions and should try to avoid court where possible by trying to negotiate with you.

James
@natdebtline