DMP Mutual Support Thread - Part 12

DMP_Tiger

Step 1: Open up new bank account. DONE

Step 2: Phone Stepchange, feel like a massive weight has lifted off me and somehow manage to hold myself together and not burst into tears.....DONE I'm a 50 year old man by the way...

Step 3: Agree with SC 5 months of token payments to build up an EF before the actual payments begin. Done

mikebec2010

Suseka97 wrote: »

Although there are no guarantees; chances are the former EGG one will be UE. My OHs Barclays/Prev Egg account proved to be so. If that is the case then I guess you can ask SC to remove it from your DMP and state that you want to prioritise enforceable debts -but you may find that they are reluctant to do so (their ethos is to treat all creditors fairly) in which case you will have to go self-managed -which is much easier than people think, especially when you are experienced with DMPs. Good luck with the CCA request

Well I bit the bullet and CCAed 4 of our creditors.
Two (including PRA) came back to say they had to ask the original creditors and hope to respond within 40 days but were putting the account on hold until they replied.

The third DCA replied almost immediately to say the original creditor didnt have the correct paperwork so they would no longer pursue the account and the balance was now zero - result !!!128513;!!!128513;

No reply yet from the fourth CCA.

Our remaining debts are old overdrafts, one opened in 1994 and the other (with First Direct) in 2004. The FD overdraft had a credit card balance added to it and described as a consolidated debt account - am I correct in thinking you cannot CCA overdrafts.

Thanks

Rosie1001

Can I ask ...how do I go about checking the CCA on my debts

They are both credit cards , one with Lloyds , one with Tesco

Do I send a letter , if so , is there a template I can use

Thanks in advance

Helpme34

mikebec2010 wrote: »

Well I bit the bullet and CCAed 4 of our creditors.
Two (including PRA) came back to say they had to ask the original creditors and hope to respond within 40 days but were putting the account on hold until they replied.

The third DCA replied almost immediately to say the original creditor didnt have the correct paperwork so they would no longer pursue the account and the balance was now zero - result !!!128513;!!!128513;

No reply yet from the fourth CCA.

Our remaining debts are old overdrafts, one opened in 1994 and the other (with First Direct) in 2004. The FD overdraft had a credit card balance added to it and described as a consolidated debt account - am I correct in thinking you cannot CCA overdrafts.

Thanks

Hey Mikebec2010

What a stroke of luck with the CCA's! Can i just ask were all the requests for cards prior to 2007 or were there any for 2008 and later?

Regards

[Deleted User]

DMP_Tiger wrote: »

Step 1: Open up new bank account. DONE

Step 2: Phone Stepchange, feel like a massive weight has lifted off me and somehow manage to hold myself together and not burst into tears.....DONE I'm a 50 year old man by the way...

Step 3: Agree with SC 5 months of token payments to build up an EF before the actual payments begin. Done

Congratulations! That's the hard part done. Try to relax a bit now:beer:


Can I ask what the position is with regard to the DDs that you said you'd be paying very soon? I assume you've cancelled them. Are SC paying your creditors the token payments on your behalf or have they advised you to do that yourself before starting the DMP proper? Have you contacted your creditors to explain the situation? If SC are paying them from now on I don't think it necessary for you to contact anyone but if not your creditors need to know that you are embarking on a DMP from xxx month with SC and in the meantime you will be paying them £xx a month. Don't just drop of their radar, keep some sort of communication channels open. You should probably expect a flurry of letters and possibly phone calls from creditors at this stage, just par for the course I'm afraid. You should tell the callers that you request all future communication in writing only, not by phone (if that's what you want, like most of us).

Jwatson

I just wanted to say reading this forum makes me feel much calmer about my situation.
We've taken the first steps and contacted our creditors last month to say we were going to go in to a DMP with SC. We thought we would start our DMP in August which would of been, 2 months from contacting creditors however I would prefer to start in September allowing 2 months to put some money aside. Is 3 months too long. Do we write again to creditors explaining this?

sourcrates

72together wrote: »

Hi,

I will be paying my first SC payment in July.

Most of my CC/Store card debts are well over 10 years old. I have read about CCA!!!8217;s and just wanted to know if this is something I should look into doing?

With this all bring new to me I would appreciate some advise please.

Many thanks.

mikebec2010 wrote: »

Well I bit the bullet and CCAed 4 of our creditors.
Two (including PRA) came back to say they had to ask the original creditors and hope to respond within 40 days but were putting the account on hold until they replied.

The third DCA replied almost immediately to say the original creditor didnt have the correct paperwork so they would no longer pursue the account and the balance was now zero - result !!!128513;!!!128513;

No reply yet from the fourth CCA.

Our remaining debts are old overdrafts, one opened in 1994 and the other (with First Direct) in 2004. The FD overdraft had a credit card balance added to it and described as a consolidated debt account - am I correct in thinking you cannot CCA overdrafts.

Thanks

Rosie1001 wrote: »

Can I ask ...how do I go about checking the CCA on my debts

They are both credit cards , one with Lloyds , one with Tesco

Do I send a letter , if so , is there a template I can use

Thanks in advance

CCA template letter available here :

https://www.nationaldebtline.org/EW/sampleletters/Pages/Information-about-your-agreement-under-the-Consumer-Credit-Act-%28sole-name%29.aspx

You cannot CCA overdrafts as different rules apply, but nothing to stop you sending one for the credit card.

sourcrates

Jwatson wrote: »

I just wanted to say reading this forum makes me feel much calmer about my situation.
We've taken the first steps and contacted our creditors last month to say we were going to go in to a DMP with SC. We thought we would start our DMP in August which would of been, 2 months from contacting creditors however I would prefer to start in September allowing 2 months to put some money aside. Is 3 months too long. Do we write again to creditors explaining this?

Do whatever you are comfortable with, does no harm keeping in touch with your creditors, just be truthful if they ask why.

Leanneglos1

Looking for some advise regarding a payday loan I have with Mr lender. I took the loan out approximately last summer, logged a complaint for irresponsible lending and the outcome of that was that they agreed to keep the amount outstanding the amount borrowed £500 minus any payments made, I escalated the complaint to FOS and they agreed with the resolution mr lender offered which was fine.
November last year went in to a DMP with stepchange and maintained payments with them.
Last month went self managed and they wouldn!!!8217;t accept my offer unless I went through an I&E with them so nothing has happened since.
Couple days ago offered a full and final which they refused but they confirmed They!!!8217;d accept £340, my balance should have been £380 based on what was offered in regards to the complaint and payments made, also at the time of the complaint it stated my financial situation re DMP and obv making less than the contracted payment.
Today I!!!8217;ve teceived a default letter stating my balance is £880 so I emailed them back to the original email asking for bank details of how I could pay the £340 figure to which a reply stated my balance was £700 (different to the default notice).
1. If they have agreed this in a complaint can they now backtrack the offer
2. Why has it taken them so long to default me....nearly a year
3. Why are they providing different figures
4. Do I have a leg to stand on as it seems so wrong with what they are doing
Thank you

mikebec2010

Helpme34 wrote: »

Hey Mikebec2010

What a stroke of luck with the CCA's! Can i just ask were all the requests for cards prior to 2007 or were there any for 2008 and later?

Regards

Hi all of the credit cards were opened in 2008 or later