SOA figures for Grocery?

MovingForwards

The mistake you are making is thinking about what other people are spending their money on.

This is about you and what your money is spent on.

National_Debtline

brandons wrote: »

Thank you Susie, that is really helpful.

I saw that Statute Barred thing at the weekend and wondered if it was why the debt collection agencies seem to be stepping up the pressure.

I need to find the exact date I stopped paying, I remember writing them all a letter explaining I could no longer afford to service the debt. They sold it a few years later.

What I do not get about this SOA thing is there must be a big difference, someone who drinks and smokes for example.

So are they likely to tell me to cut back on grocery etc to pay them when the cumulative debt is so high?

Should I tell each one how much I owe other creditors, or can they see that from my credit record?

Weird thing is that this caused me so much anxiety, then they did not really do anything other than write letters, now the anxiety is coming back with me thinking about it. I am so broke anyway, I just know that there is nothing I can or will be able to do.

My goal is to get them to write it off, do you know if they ever do this?

Is it certain companies that do it or just a numbers game?

Can I complain to FCA or someone if they refuse?

Hi Brandons


It is possible that debt collection agencies (DCAs) are chasing you now because the debts are about to become statute barred. Bear in mind that if you sent a letter that acknowledged the debt this will have restarted the 6 year period.


Writing off a debt is discretionary and you won't have grounds to complain if they don't agree. They're more likely to consider doing this where someone has no spare money, no assets and very little prospect of ever repaying the debt. Someone who is elderly or seriously ill is more likely to have a debt written off than someone who is young and healthy.


Your level of debt should have no bearing on how much you spend on outgoings. These must be paid regardless. I understand dealing with this is causing you anxiety so it would be a really good idea to talk to one of the free debt advice agencies about your SOA and all your options.


Good luck with it all


Susie
@natdebtline

brandons

Thanks

So

If I try to get it written off it extends it for 6 years. So do not do that.

If I do nothing they may go for a CCJ or it may go off Statute

If a CCJ is obtained are they likely to pursue it?

What can they actually do to someone on benefits and not able to work?

Is there a way to get the Court to write them off if and when they go for a CCJ?

MovingForwards

If a company takes you to court, wins the case and you dont settle the judgment in a month the company gets a CCJ and it stays on your credit file for 6 years.

The company can enforce the judgment against you and would probably make a request to the court that you attend with details of your income/outgoings. The court would provide the details to the company.

The company would have a look, make an application to the court for an order to have money taken straight from your benefits.

The cost of the last two (above) processes would be added to the amount you owe.

datlex

About 10 years ago when I was filling out similar for first direct they said to put down £40 a week as reasonable costs for groceries- I had tried putting lower. I don't think it would be unreasonable to put £50 a week down. They wanted costs to be realistic and recognised you need some flex room in costs.

mbmonty

MovingForwards wrote: »

If a company takes you to court, wins the case and you dont settle the judgment in a month the company gets a CCJ and it stays on your credit file for 6 years.

The company can enforce the judgment against you and would probably make a request to the court that you attend with details of your income/outgoings. The court would provide the details to the company.

The company would have a look, make an application to the court for an order to have money taken straight from your benefits.

I thought this was not allowed


County Court Judgments (CCJs)

If you don’t pay certain debts, your creditor could threaten to take you to court and could get a county court judgment (CCJ) against you. Find out what a CCJ could mean for you and how you may be able to deal with it.
County court judgment (CCJ)

A county court judgment (CCJ) to recover money is a court order that states what you must pay towards an individual debt.
The order can specify how much and when the money should be paid, and if it can be paid in instalments. County court judgments are often used as a way of recovering non-priority debts.
A creditor is the person or company you owe money to. You can defend a claim made by your creditor if you don’t agree with it or only agree with part of it. If you agree you are liable for the debt, you can make an offer to pay at an affordable rate.
You must complete an 'income and expenditure' form. This provides the court with information about your financial circumstances and allows it to decide on an affordable rate of repayment. You must make sure that you respond to the court within 14 days, otherwise the court could order you to pay the full sum immediately.
If a CCJ is granted against you and you don’t pay the amount required within a month, details are made publicly available on a court register for six years. Credit reference agencies can check this and it could affect your credit rating.
Problems with CCJ payments

If the court orders you to make regular payments to your creditor, it is the creditor's responsibility to collect them.
Make sure you keep receipts and a record of all the payments you make. Try to make the correct payments, for example if monthly payments have been agreed then you must pay these every month. If you don't, the creditor can ask the court to take further action to pay your debt and court fees.
Your creditor can also ask the court for:

• a warrant of execution – to allow court bailiffs to take and sell certain belongings
• an attachment of earnings order – allowing deductions from your wages, statutory sick pay or occupational pension (but not benefits)
• a charging order – allowing a charge against your share of a property and for interest to be charged at a rate set by the UK government
• a third-party debt order – this instructs someone who owes you money (for example, a bank holding your savings account) to pay it to your creditor instead

https://england.shelter.org.uk/housing_advice/money_problems_and_energy_costs/county_court_judgments_ccjs

macman

I don't understand why you say 'I have no idea what I spend on these things?. It's simply a matter of gathering together the paperwork and going through it. What other people spend on xyz is not relevant to your SOA.
I understand that your preferred resolution is to have 100% of your debt written off, but at present you don't seem to even know what your debt is, what your outgoings are, what assets you have, etc. You can't begin to tackle the problem until you first know the actual situation. You are going to have to do this, whether you go down the bankruptcy route or not. You can't just say 'my outgoings are more than my income,. therefore I have to go bankrupt'.
If you are struggling with the SOA, cannot your adult son assist you?
One point: you say that your only asset is the car, worth maybe £1300-then you say that you don't actually own it? If so, it's not an asset.
The most important priority is not to lose your housing-what would be the implications of bankruptcy on this?