PRA Group debt from Barclaycard

joeysmum

Hi,

i recently defaulted on a barclaycard account, as did my husband, both for £9100 and £8000 respectively. This was primarily due to problems at work where arrears built up and they wouldnt accept a reduced payment long term so the account defaulted. My husbands account has been sent to Westcot who have been quite reasonable and accepted the reduced payment he was making so the balance is being reduced. However my account has just gone to PRA group and from what I've read online they wont act as sensitively as the others. If I continue to pay the payment I was making to Barclaycard which was being reviewed in December, what will happen then? I'm frightened they will go for a CCJ and that would just horrify me. I feel sick anyway about all of this and didnt speak to Barclaycard when i should off a long time ago and now we are in this position. If anyone can shed any light on what happens, I would be grateful. Thanks.

sourcrates

Hi,
We move posts if we think they will get more help elsewhere, so your post has been moved to the general DFW forum.

Kentish_Dave

It’s a large amount, so yes, there’s a chance that they could pursue a county court judgement to try to recover the outstanding amount.

The best starting point is for you to gather together a full statement of affairs and post it here so that people can give appropriate advice.

joeysmum

I've logged on to their website as I've just opened a letter from them. there is a 12 month plan for the fixed payment showing on the account so I feel a bit more reassured. Not sure what will happen after that then. I wake up in a panic some nights that they will come to the house and demand money / stuff. My kids know nothing of all of this so that would be humiliating.

sourcrates

joeysmum wrote: »

I've logged on to their website as I've just opened a letter from them. there is a 12 month plan for the fixed payment showing on the account so I feel a bit more reassured. Not sure what will happen after that then. I wake up in a panic some nights that they will come to the house and demand money / stuff. My kids know nothing of all of this so that would be humiliating.

You really should stop panicking, debt collectors are much more accommodating than original creditors in most cases.

They recognise people can’t always pay what’s owed outright, the arrangement you make will stay open until the debt is repaid, they may ask you if anything has changed occasionally, but that’s about all.

No need to panic, your having a slight overreaction here, and greatly exaggerating the power a debt collector has, which is none whatsoever, try and claim down lol.

You tell them what you want to pay, then pay it monthly, that’s it, simple, no more demanding letters, or calls, and no visits either, life carries on.

Suseka97

I don't know where you read about the PRA group acting 'less sensitively' than Wescot - when in fact they are just another DCA. Wescot only manage debts on behalf of a creditor and PRA purchase debts - that's the only difference.

There are many people in debt management plans who deal with PRA and have no problems with them accepting reduced payments. All you need to do is continue to make the same repayment you were making to BC and all that might happen, 12 months later, is they will ask you to complete an I&E as part of an annual review of your financial situation. What you send them if up to you and by that I mean you can simply say your financial circs haven't changed and that you will continue with the same repayment - or you may find you can up your payment, or if your financial situation worsened you could decrease it. Really it is that simple. The same goes for your husband's account with Westcot.

So, as sourcrates has already said - there really is no need to get in such a panic and you do not need to fret about CCJs or door knockers

joeysmum

thanks for the reassurance. its put my mind at rest a little anyway.