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Have dro also company right off
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What I owed Lowell said they right off what I owe them but they still reporting on file as not paid kind of thing can Lowell day sell those debts and then I get chased again or because they said I don't owe it they won't sell will be debt free November 4th then I'll have to do a credit clean up I been here while lurking and made one post so thank you
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Hi,I assume you have a DRO, is that right ? from what i can grasp from your post, Lowell have already decided to write the debt off, but are still reporting it to the credit reference agencies, that is normal, once your DRO ends, then is the time to do a credit file clean up, all accounts should then show as settled, with a zero balance. The whole entry will vanish 6 years from the start date of your DRO.They can, and sometimes do sell on debts thet are subject to a DRO, as these arrangements do occasionally fail, if your circumstances change for example, but as long as you successfully complete your DRO, then your debts will be written off, and you will have full legal protection from your creditors, so you won`t have to pay them.I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter0
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That's correct sourcrates I had a dro in November last year lowell not got added as I did have a problem on cra it showed like 22k debt i did get touch with lowell who had mainly bought most or all of my debt and said as good will gesture said I don't owe it no more I had to send prove of the lowell letters to stepchange who did my dro so lowell debt was like 7 or 8k drop from 22k then rest of the debts got added to dro which was I think 14or 15k I take it lowell won't sell those debts they wrote off for me ye they will still report the debt it just shows as a default sorry for long message I'm dyslexic0
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ye iv seen some of the debts had been sold and showed them the dro that stopped them the lowell debts have not been added to dro so I know till 6 years drop the lowell ones will just be a default inprob could do a correction thing saying as gesture good will lowell say I don't owe it and thank you for 3xplaining the credit clean up I knew of it but didn't know how it worked thwnk you1
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No worries 😉I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter0
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Its like once 4th November comes this year to do credit clean up I didnt know they once dro goes the should be set as closed or settled so lowel can't sell that debt they closed saying I don't oew it now0
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