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D.M.P. Full and final settlement approach
Comments
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i requested a CCA 4 and a half years ago and im still waiting. no payments made, wonder if theyre gonna magically produce it within 6 years now?0
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Another point to highlight, as mentioned by Django above, is that when you send off the CCA requests you stop making any further payments until they produce the requisite documentation. This enables you to save even more towards any F&F offers down the line.
I note you say you want this dealt with quickly, but after 16 years on a DMP, what's the rush? Is it because the funds (£10k) are time limited?
Whether you get a good and/or quick result will be down to how motivated the DCAs are to get what they can and close the account and, as has been said, it's a process that can take a while whether you decide to send off CCAs or not.
As a rule, sending CCAs are a good starting point and if an account proves to be UE - that's a good foundation for decent settlement figures.2 -
Suseka97 Yes the funds are time limited 1 month0
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Dmptogo said:Suseka97 Yes the funds are time limited 1 monthI’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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