Northern Rock AAhhhhhhhhhhhh

Wimbledonpark

Can anyone advise please?We have a DMP with CCCS,but Northern Rock just wont stop phoning me.I have an unsecured loan with them of 17,000 together with 13 other creditors,at the moment everyone else is quiet,apart from NR.Today a chap said that the proposed repayment{we have been making regular payments thru CCCS for the last almost 2 years]is not enough and they require a larger payment,he went on to say that they could put an order i think thats what he said ,on the house [its shared ownership part rent part mortgage]so when the house was sold they would get all their money plus legal fees.Has anybody else had this said to them? Many thanks

hypno06

Don't know the answer I'm afraid, but wanted to bump this up so that it doesn't fall off the front page for the moment.

Hopefully someone will come along soon and answer, but you could post on the "DMP mutual supporters thread" on this board, and you may well get a response.

Good luck x

Megatimbo

Hello Wimbledonpark,
Firstly i think these jokers want to obtain a charging order as you partly own the property dont know how that would apply i assume some percentage of your ownership.

If you are going through a payment plan they can demand all they want if the chap from NR wants more money and its all you can afford to pay tough luck for NR

Also my advice would be to go back to CCCs and explain that a creditor is asking for more money i`ll assume the NR has been given your plan and that making payments to them is again at a level you can afford.

The threat of a charging order is on my opinion a scare tactic,asking for more money is a ploy for you to agree an increase in payments above what you can afford and then fall into a further default situation so that they can run to the nearest court and obtain the charging order, crafty eh er not....

Also you could get CCCS to maybe tell NR that it would be unfair to the other creditors to increase payments to NR at the expense of others.

And ,also explain to CCCS that you will only communicate in writing
as phone calls can in some cases lead to unfair preassure,this may be against the Office of Fair trading debt collection guidelines,and in extreme cases becomes harassment.

Good luck Regards M

southernscouser

Next time they phone, ploitely mention that you are recording the phonecall for harrasment purposes. Make it clear that you do not wish to be contacted by phone any more and all correspondence should be made in writing with a copy of letters sent to the CCCS.

Have a read of this.

Homework

Agree with above, We are on DMP and have asked a creditor if they could repeat and spell their name and then ask if they can say it again so I can record it to make sure I tell Payplan exactly what they have said.

Contact CCCS and let them know what is happening, they will deal with it for you.

furrypaws_2

Hi

I've had similar experience with NR....been with Payplan for 11 months. Three months ago NR threatened to go to court and put a charging order on my house. After a couple of weeks of severe stress they then wrote and said they were extending the temporary arrangement for a couple of months. So... now I've just had a letter telling me the arrangement has come to an end and I should resume my normal payments (even though they are accepting payments from Payplan and they know my situation). I also had another letter which implied I'd never responded to them - looks to me like the right hand doesn't know what the left is doing.

It's just their tactics to put you under more pressure.... worst case scenario is if they go ahead and put on the charging order, it doesn't mean you have to sell, it just means they secure what you owe them from any profit you make.

malestrom07

Northern Rock are a disgrace, there are no grounds to threaten a charge if the offer you are making is fair and reasonable and the offer of repayment is maintained. Obviously they are so obsessed with making their books look good for when they are sold off, they will resort to any tactics. I'd take advice on their threat of action and defend any subsequent action vigorously.
No wonder they are in the state they are in.

SWS_2

I'm afraid it may not be scare tactics, I am attending a Charging Order hearing tomorrow with Northern Rock and they will no doubt get it. This is on my husbands account. On my account however, (we have two loans) they have been calling me four or five times a day home and at work, I wrote and asked them to remove my number but it took 6 months until they did and we had to pay BT to bar the number. I think they may have had a change in policy since their problems as on my account I have been told that they may now reconsider our circumstances. However this is too late for my husband and tomorrow is a day we have been dreading for a long time. CCCS have helped to a certain extent but they are so busy a lot of things have been missed. I agree with your comment malestrom I think they are looking to turn a bad debt into an asset (security on the property) to make it look better when they have to sell. It seems unreal that they are being like this to people who by paying their taxes are bailing them out of trouble !