Dryden fairfax

Altereg0

Thank you Di

so then on 2 fronts.

1st a link to the form would be handy.

2nd on my original question do they have to accept my increase in payments so i clear it off in one year or are they likely to try and force me to pay full amount outstanding which i cannot do?

Thank you

Altereg0

Am i in the right section for advice? i feel i might be in the wrong section maybe?

sourcrates

Altereg0 wrote: »

Am i in the right section for advice? i feel i might be in the wrong section maybe?

Hi,

Link here to CCA request letter template:

https://www.nationaldebtline.org/EW/sampleletters/Pages/Information-about-your-agreement-under-the-Consumer-Credit-Act-%28sole-name%29.aspx

As for your payments, you can pay whatever you want, but it must be affordable for you, just back it up with a copy of your budget.

No one can force you to do anything.

Just_Di

Altereg0 wrote: »

Thank you Di
. . . on my original question do they have to accept my increase in payments so i clear it off in one year or are they likely to try and force me to pay full amount outstanding which i cannot do

They don't have to accept your increased payments, and they can issue legal proceedings to force you to pay the full amount even if only by getting a CCJ which orders the same instalments as you are already paying. But I doubt they'd do either of those things.

At the moment DrydensFairfax solicitors are getting effortless payments to reduce their client's debt. You are paying them by standing order so it's unlikely they'd return the increased amount to you even if they won't put their 'acceptance' in writing. Just pay it anyway.

If they took you to court they'd have to be successful with their claim before they'd get any money, and if the value of the claim is less than £10k they'd not recover their legal costs even if they did win in the Small Claims Track, so they could find themselves out-of-pocket in real terms.

That's why I suggested you send a s77-79 CCA Request to see whether the debt is enforceable or not.

Di