DMP mutual support thread part 13 !!

Suseka97

Time_To_Change said:

When sending a CCA into the AAD forum do I cover up my name and address etc or do they need these to check them properly? Is it ok to just send pictures of each page? Thanks

I suggest you go in their forum and put a post up under their 'unenforceable credit agreements' thread.  Say what you've said on here about what you've received and then ask if someone would help confirm either way.  You should then get a response from 'Never In Doubt' member (or Niddy as most refer to him/her) or another member advising how to send your documents. Don't post them up on the forum, that's public, but you'll be told how to send them securely and privately to Niddy. 

fullofcold

I've not been here in ages because I'm still waiting for our house purchase to go through.  Getting fed up now, so close to be able to pay off!

deano1506

Willing2Learn said:

deano1506 said:

... I have only just cottoned on to CCA's and the fact that if they cannot provide or are invalid the debts are unenforcable. All of my debts were defaulted over 6 years ago and most are well over 10 years old. Probably like others I'm a little nervous about asking for the CCA's and then if unenforceable offering 5% as F&F settlement. This would sort me right out, and I can move on to a better more measured financial future. Anyone got any advice, am I doing the right thing?   

Yup, you are doing the right thing.  No need to feel nervous.  You are just simply following the applicable legislation when you submit your CCA requests.  A ridiculously low F&F offer is completely appropriate, when settling accounts that are unenforceable.  You are definitely more 'honourable' than me, as I would not send a penny on an unenforceable account.   

It must feel great to be approaching the finishing line on your debt-busting journey...

CCA requests sent off to my 5 creditors -1st Class signed for and a £1 postal order. GULP - This could get messy :-) 

Woodypuddy

Hi all, I haven’t been around for a little while so have been catching up on the thread. I have had my DMP with Stepchange for 6 years and have 5 remaining. My partner has received a small inheritance and we hope to try and do some F&F’s to finish it quicker. I have followed advice and made CCA requests to all 6 creditors. Four have written and said would be in touch again, may be longer than 12 days and have stopped my payment with Stepchange in the interim (is this normal?) Two have cashed the cheque but have not written to me. The 12 days expires tomorrow? What would my next action be if no response?
thanks in advance 

Willing2Learn

originalfool said:

So I think I can manage but if I work extra hours, roughly £200 per shift do I save it to my non existent emergency fund or pay off the debts

If it were me, I would save up the EF first so that you have a pot of money available for all those unknown and unexpected expenses that will crop up from time to time.  Whilst building your EF, you could maintain token payments to your creditors.

Suseka97

Woodypuddy said:

Hi all, I haven’t been around for a little while so have been catching up on the thread. I have had my DMP with Stepchange for 6 years and have 5 remaining. My partner has received a small inheritance and we hope to try and do some F&F’s to finish it quicker. I have followed advice and made CCA requests to all 6 creditors. Four have written and said would be in touch again, may be longer than 12 days and have stopped my payment with Stepchange in the interim (is this normal?) Two have cashed the cheque but have not written to me. The 12 days expires tomorrow? What would my next action be if no response?
thanks in advance 

Okay, when you say four have stopped payment with SC  - what does that mean, has SC confirmed this?  Usually they would just keep sending them the agreed payments allocated.  If you think about it, SC claim one payment via your DD and then reallocate it, so I'm not sure how (or if) they handle partial suspends if requested by a DCA.

CCA requests take far longer than the 12 days guidelines -that's because they are dealing with hundreds, if not thousands, of such requests these days.  My CCA requests weren't properly responded to in over 6 months.  In that time I stopped all payments and effectively cancelled my managed DMP with SC.

So, your best bet might just be to take control of your DMP and just wait to see what you get back from the DCAs however long that takes.  Nothing will happen in between times, but you can then put those DMP payments aside to bolster your F&F fund.

Woodypuddy

Okay, when you say four have stopped payment with SC  - what does that mean, has SC confirmed this?  Usually they would just keep sending them the agreed payments allocated.  If you think about it, SC claim one payment via your DD and then reallocate it, so I'm not sure how (or if) they handle partial suspends if requested by a DCA

Oh I see, I will contact Stepchange today to cancel the regular payment. What do I do with the 2 that haven’t responded at all? Should I keep paying these until they respond.
thank you for the advice 

Suseka97

Woodypuddy said:

Okay, when you say four have stopped payment with SC  - what does that mean, has SC confirmed this?  Usually they would just keep sending them the agreed payments allocated.  If you think about it, SC claim one payment via your DD and then reallocate it, so I'm not sure how (or if) they handle partial suspends if requested by a DCA

Oh I see, I will contact Stepchange today to cancel the regular payment. What do I do with the 2 that haven’t responded at all? Should I keep paying these until they respond.
thank you for the advice 

No, you shouldn't.

I think you'll find that SC will be reluctant to stop payments and their mantra is always to treat creditors equally.  When it comes to this point - people generally make the decision to cancel their managed DMP and take back control. By that I mean they then self-manage from that point onwards.  To do that you just need to tell SC of your intention to self-manage, they'll be fine about that.  Just make sure you have all the details you need from your online account with them - such as the DCAs details: name, account numbers, balances etc. Also cancel your DD to SC.  Then just wait.  

Some DCAs never acknowledge they've received a CCA request, but you don't need to chase.  If you get demands for payment from the two that haven't responded, then just write back and remind them of the CCA request and add that until they provide compliant paperwork you will not enter into any form of agreement.

fullofcold

I need a bit of help with this.  As you all know I am still impatiently waiting to complete on my house to enable me to pay his lordships DMP off.  I know what to do and what order to do it in, but what I want to know is this, SC have told me that I have to pay the same percentage to everyone he owes, but 4 are through Cabot and Moorcroft (which are not CCJ's) and 1 is Tesco which is a CCJ.  I assumed we would have to pay off Tesco in full because it's a CCJ and the others a similar percentage that is agreed between us.  Or do I just agree figures between him and the companies and pay off with whatever they are happy with?
Should add we have asked for CCA's on the Moorcroft and Cabot one's and they cannot produce them, so are unenforceable (but he is paying through DMP).

sourcrates

fullofcold said:

I need a bit of help with this.  As you all know I am still impatiently waiting to complete on my house to enable me to pay his lordships DMP off.  I know what to do and what order to do it in, but what I want to know is this, SC have told me that I have to pay the same percentage to everyone he owes, but 4 are through Cabot and Moorcroft (which are not CCJ's) and 1 is Tesco which is a CCJ.  I assumed we would have to pay off Tesco in full because it's a CCJ and the others a similar percentage that is agreed between us.  Or do I just agree figures between him and the companies and pay off with whatever they are happy with?
Should add we have asked for CCA's on the Moorcroft and Cabot one's and they cannot produce them, so are unenforceable (but he is paying through DMP).

Remove stepchange from the equation and deal with each company individually, try and negotiate the best possible deal with each one, even the debt with the CCJ may be open to a cash offer, just make sure anything you obtain agreement too, is confirmed in writing, before you pay.

Unenforceable debts can be left alone, eventually they will go statue barred and just fade away.