DMP mutual support thread part 13 !!

dibdabbers

Hi, quick question regarding a debt.  I have a debt with barclaycard and have received a letter from them and AIC saying they are managing it on their behalf.  However Barclaycard are saying they have sold it, this is really unclear in their communication is there any way i can check who actually owns it.

dibdabbers

Hi quick question i have received a letter from Barclaycard and AIC to say AIC are managing this on their behalf.  Barclaycard have advised they have sold the debt to AIC it just doesnt seem very clear on the communication.  Do AIC buy debt does anyone know?
  

sourcrates

dibdabbers said:

Hi quick question i have received a letter from Barclaycard and AIC to say AIC are managing this on their behalf.  Barclaycard have advised they have sold the debt to AIC it just doesnt seem very clear on the communication.  Do AIC buy debt does anyone know?
  

They do both.

Doesn’t really matter either way, you just pay whoever is writing to you.

If the letter is unclear, simply ask AIC.

lisamarie85

Back again! Sorry for being a pain. I guess the answer is “how long is a piece of string” but I started my DMP 3 weeks ago. Halifax have been great and have already written to me to say they’re closing the account, stopping interest and fees and then recoveries team will be in touch to discuss repayment. I’m with Payplan so they will be dealing with the payments. So my main reason for posting is, when can I expect to hear from Tesco & Barclaycard? Neither has made any changes to my online account (Halifax made changes to my credit limit and made contact within 2 days of the DMP) or sent a text, email or letter. 

I am such a worry wart! I didn’t realise that Tesco was connected to RBS and RBS is who I have my mortgage with. Will this cause any issues? 

natlie

Hi @lisamarie85 I had a letter from Tesco within about a month they didnt do anything really, they kept charging me interest on my account until I owed enough in arrears that they could default me. Barclaycard stopped interest it took a while for them to default, when they did they passed the debt on to PKA Group 

lisamarie85

natlie said:

Hi @lisamarie85 I had a letter from Tesco within about a month they didnt do anything really, they kept charging me interest on my account until I owed enough in arrears that they could default me. Barclaycard stopped interest it took a while for them to default, when they did they passed the debt on to PKA Group 

Thanks for the info :-) I’m not currently paying interest on Tesco, it wouldn’t have  started until August so perhaps by then I’ll hear from them and know what’s occurring. 

Halifax have been absolutely brilliant tbh, exactly what I could have hoped for in this situation. 

alxofn1

Hi everyone - I wondered if anyone had any advice. I came home to my parents during the brief lull in the lockdown last year and have since been effectively stranded in my parents home and not my main residence. As such I am well aware that there is likely to be a pile of letters at my "official" address and this has been giving me a bit of anxiety in terms of what may have happened in my absence. Anyway, I saw an e-mail today from my DMP management people - StepChange - and specifically I received notification that one of my debtors (PayPal) is now showing as Moorcroft. I've seen all sorts of nightmarish things on the web about these people, and so I've e-mailed StepChange to ask them for their advice but does anyone have any suggestions what to do with this kind of change? I assume I should still keep my payments going with the DMP and not "cave in" to any demands from Moorcroft directly? Many thanks for any advice in advance

Suseka97

alxofn1 said:

..................Anyway, I saw an e-mail today from my DMP management people - StepChange - and specifically I received notification that one of my debtors (PayPal) is now showing as Moorcroft. I've seen all sorts of nightmarish things on the web about these people, and so I've e-mailed StepChange to ask them for their advice but does anyone have any suggestions what to do with this kind of change? I assume I should still keep my payments going with the DMP and not "cave in" to any demands from Moorcroft directly? Many thanks for any advice in advance

Moorcroft are just another debt collector and all Stepchange will do is send them the payment they were making to Paypal.  All you need to do is give Stepchange the new account details.

Moveslikeagger

Hi alxofn1. I have 7 defaulted accounts and moorcroft are dealing with 4 of those. They have been absolutely fine and because of income reduction recently I have dropped to token payments. Again no issue. No chasing and minimal letters. I have learnt that if you keep Dcas (moorcroft, wescot, link etc) updated they will be fine and not chase you etc. Just be honest and upfront and tell them what you will pay. 

sourcrates

alxofn1 said:

Hi everyone - I wondered if anyone had any fadvice. I came home to my parents during the brief lull in the lockdown last year and have since been effectively stranded in my parents home and not my main residence. As such I am well aware that there is likely to be a pile of letters at my "official" address and this has been giving me a bit of anxiety in terms of what may have happened in my absence. Anyway, I saw an e-mail today from my DMP management people - StepChange - and specifically I received notification that one of my debtors (PayPal) is now showing as Moorcroft. I've seen all sorts of nightmarish things on the web about these people, and so I've e-mailed StepChange to ask them for their advice but does anyone have any suggestions what to do with this kind of change? I assume I should still keep my payments going with the DMP and not "cave in" to any demands from Moorcroft directly? Many thanks for any advice in advance

Get used to it, original creditors rarely keep bad debts for long, expect all your accounts to be sold on, or passed to a collector to manage, it’s all very normal.

Dosen’t make any difference whatsoever to you, your DMP continues regardless.