advise anyone on a £7000 debt

acemelhaz

hi i owe £7000 for a loan i took out couple of years ago i went to c a b and sent of a financial statement to them to say i have not much money coming in esp now my wife has had twins 5 weeks ago they havent written back yet bey someone came to our door and left a card when we where out so i phoned him i never gave out any of my details i just said that my case was being dealt with through the cab he started to get funny with me and said that i cant hide behind the c a b i said i wasnt so he asked me to answer some questions i said no as im dealing through c a b , so he said i was not being co operative and that he will tell the lender this now i am worried we will get someone come to our flat and take our stuff please any advise would be great , the c a b worked out i would have no funds at present to pay them please im going crazy with worry esp with all these sleepless nights

Debt_Free_Chick

It's difficult to work out who called at the house - it doesn't sound like bailiffs, but could well be.

Firstly, do NOT allow anyone who calls in to your house. If you have a door chain, USE IT. You do NOT have to let bailiffs in, but once you do, they have future right of entry and can enter by an open door/window.

How long since you saw the CAB? Chase them up on Monday, tell them what's happened.

In the meantime, have a look here. It tells you about the whole process of negotiating with your creditors. You could even give them a call freephone 0808 808 4000

http://www.nationaldebtline.co.uk/england_factsheets/debt_advice_england_wales.php3

The National Debtline is a charity that helps people like you in this situation.

acemelhaz

no it wasnt baliffs it was someone from a collection agency to find out my circumstances now wescot credit services can a baliff come then without it even going to court

acemelhaz

a family member has offered to lend me 1000 to pay it off if i can do you think they would accept this

16011996

Hi,

I would write to them again, explaining you're circumstances offering the money you have from family member, and offer to pay as much a month as you can realisticly afford,

hopefully they'll appreciate the offer, and its better for them if they can get the money back, even if it is in small installments. best of luck.

160.

Edinburghlass_2

I wouldn't offer them the money that family have offered you as you will still need to pay this back to the family member.

Get in touch with CAB again as suggested or one of the other FREE help agencies and they will be able to negotiate a reasonable monthly payment for you.

The link already given to you gives loads of advice and well worth looking at.

Jen_Jen_5

the bailiffs cannot come round with out the debt going to court. Its a debt collector and they have to abide by rules of collection set bythe OFT if they are being nasty, making claims such as they will reposses stuff when they cant then complain.

Go back to the CAB they will contact the collectors for you and reassure you that this is sadly normal for you to be harrassed/pressured/panicked by collectors for debt.

DONT WORRY