DMP mutual support thread part 13 !!

natlie

Thanks for all your help, I've had 2 letters this week a default from Barclayc@rd and a notice of default from Tesc* the letter from Tesc* letter is a bit scary! I assume i ignore it and just keep making my payments to SC as usual?
Nat

kelslayer

Can i just check please. I have written to my 5 creditors and requested CCA's, one has come back to say they have it and are sending it on.  3 have come back to say that they are still waiting to hear from the original lender. The last i am still waiting...... if the letter says
''Until we're able to provide this information, your account is unenforceable.  This means we're not permitted to obtain a county court judgement against you.  Whilst we cannot purse legal action, your balance remains outstanding.'

So i just want to check that.
1.  i can stop paying it at the moment and pop it into another account. 
2.  if they do come up with the CCA do i go back to the original payment plan or do i then have to bring the account up to date with the missed payments?

Sorry if this has been asked a million times, i just want to get it right!

spreadtrader

spreadtrader said:

So an update on me I have sent my dmp to Barclaycard who have written back and accepted the payment  
my 2 Mbna have been sold to Link who I have sent my nedcab income to offering a payment which I must admit is quite low and waiting to hear back.
Today I get notification that Moorcroft have done a credit search on me what does this mean and I am paying off another debt outside my DMp to clear it can they see how much I’m paying? I’m starting to worry now

Now recieved a letter from Moorcr** saying to contact them to arrange payment of 1 of the mb*a debts but i got a letter beginning september saying they where sold to Link any advise on how to proceed?

sourcrates

natlie said:

Thanks for all your help, I've had 2 letters this week a default from Barclayc@rd and a notice of default from Tesc* the letter from Tesc* letter is a bit scary! I assume i ignore it and just keep making my payments to SC as usual?
Nat

Standard default notice required under the onsumer credit act, recycle it in the blue bin.

sourcrates

kelslayer said:

Can i just check please. I have written to my 5 creditors and requested CCA's, one has come back to say they have it and are sending it on.  3 have come back to say that they are still waiting to hear from the original lender. The last i am still waiting...... if the letter says
''Until we're able to provide this information, your account is unenforceable.  This means we're not permitted to obtain a county court judgement against you.  Whilst we cannot purse legal action, your balance remains outstanding.'

So i just want to check that.
1.  i can stop paying it at the moment and pop it into another account. 
2.  if they do come up with the CCA do i go back to the original payment plan or do i then have to bring the account up to date with the missed payments?

Sorry if this has been asked a million times, i just want to get it right!

The only thing a lack of a CCA does is prevent them from taking legal action against you, thats it, everything else remains the same as before, or as you see fit.

Suseka97

kelslayer said:

Can i just check please. I have written to my 5 creditors and requested CCA's, one has come back to say they have it and are sending it on.  3 have come back to say that they are still waiting to hear from the original lender. The last i am still waiting...... if the letter says
''Until we're able to provide this information, your account is unenforceable.  This means we're not permitted to obtain a county court judgement against you.  Whilst we cannot purse legal action, your balance remains outstanding.'

So i just want to check that.
1.  i can stop paying it at the moment and pop it into another account. 
2.  if they do come up with the CCA do i go back to the original payment plan or do i then have to bring the account up to date with the missed payments?

Sorry if this has been asked a million times, i just want to get it right!

Yes, stop paying until they respond one way or the other and no, if they do come up with the paperwork, you don't need to backdate any missed payments, just carry on as you were.

crm23

Hi, it’s the first time I’ve posted on this thread. I’ve posted previously though on the debt advice pages and had some brilliant guidance over the last month or so whereby I’m in a position that my DMP with SC has started today. I’m just a bit worried now I’ve read some of this thread though that my creditors won’t accept what SC are offering them. They said it’s very very rare that they wouldn’t as they’ve done all the financial affordability checks and can verify with them what we can and can’t afford. Is it true that it is rare there is comeback from what SC set up for you, and if so, where do you go with creditors from there on?! We were in a position where we had no missed payments, but were just basically living off cards too, so now I’m worrying that they’ll see we’ve kept up with payments until now and won’t see that we can’t afford it. I’m just looking for a bit of reassurance please! 

sourcrates

crm23 said:

Hi, it’s the first time I’ve posted on this thread. I’ve posted previously though on the debt advice pages and had some brilliant guidance over the last month or so whereby I’m in a position that my DMP with SC has started today. I’m just a bit worried now I’ve read some of this thread though that my creditors won’t accept what SC are offering them. They said it’s very very rare that they wouldn’t as they’ve done all the financial affordability checks and can verify with them what we can and can’t afford. Is it true that it is rare there is comeback from what SC set up for you, and if so, where do you go with creditors from there on?! We were in a position where we had no missed payments, but were just basically living off cards too, so now I’m worrying that they’ll see we’ve kept up with payments until now and won’t see that we can’t afford it. I’m just looking for a bit of reassurance please! 

Common question, makes no difference, stepchange still pay the creditors, if any don’t like it, they simply sell the debt on to someone else.
Then you pay them instead, and so on and so on.

Suseka97

crm23 said:

Hi, it’s the first time I’ve posted on this thread. I’ve posted previously though on the debt advice pages and had some brilliant guidance over the last month or so whereby I’m in a position that my DMP with SC has started today. I’m just a bit worried now I’ve read some of this thread though that my creditors won’t accept what SC are offering them. They said it’s very very rare that they wouldn’t as they’ve done all the financial affordability checks and can verify with them what we can and can’t afford. Is it true that it is rare there is comeback from what SC set up for you, and if so, where do you go with creditors from there on?! We were in a position where we had no missed payments, but were just basically living off cards too, so now I’m worrying that they’ll see we’ve kept up with payments until now and won’t see that we can’t afford it. I’m just looking for a bit of reassurance please! 

If you think about this... most of us were just about managing the minimum payments and in doing that we were in what is often referred to as persistent debt.  Or, we were robbing Peter to pay Paul and either way we were living on borrowed money.  Your creditors will be able to see that for themselves if they look at your transaction history - but regardless of their views, or whether they choose to accept whatever payment terms SC set out, they cannot have any more than you can afford.  

As sourcrates says, if they don't like it SC will just send the payment anyway and they'll either suck it up or they'll sell the debt onto a DCA who will take that payment (and be happy to do so seeing as they buy those debts for pennies to the pound).

So now you've started, just sit back and let things take their course and there is really no need to concern yourself with what your creditors may or may not do/think. 

smiff_50

Hi there. Quick question. Are you obligated to provide proof of income when making a repayment offer to a creditor?

Thanks