CCA received form MBNA

chess321

Hi all,

I was wondering if someone could advise me on the following.I took a credit card with MBNA in 2006, due to various reasons I got myself badly in debt, and hence only option I could see was to go onto a DMP. Until Jan 2012 I was on the DMP when the DCA refused my monthly payment. For about 5 years I received no letters, then all of a sudden a few months ago Shoosmith/Arrow started sending the letters claiming for the DEBT to be repaid. I requested a CCA and after 3 months, I have today received it. The CCA contains (what it seems ) my old address of when I took the credit card however is missing my signature (just a "tick" on the box Stating: I confirm that the tick in this box is a valid means of establishing the authenticity an integrity of my signature to the credit agreement. I understand that MBNA will hold this acceptance data on their files.

As it stands I am mainly worried that after paying all my debts for the past 10 years I am back to square one. What are the options available? (I guess soon I would receive a demand for full payment from shoosmith for the full amount or court action)...do not want a CCJ as after so many years of trying would just destroy me..... any advice (constructive ) is welcome.

sourcrates

Hi,

There is no requirement for a signature on a credit agreement requested under a sec 77/79 request for information.

Also it seems it won’t be statute barred for at least another year.

Your only choice is to pay it I’m afraid.

StopIt

You can still arrange a payment plan if you can't afford the full amount.


If you can offer a lump sum, it may be worth offering a F&F payment to settle this as it'll be long off your credit files so wont affect that.


If you do not engage with them, it is likely they will seek a CCJ, which will affect your credit files for a further 6 years.