5 Years of dust to brush off

RebelYell

Good Morning to everyone, hope you having a fine day on this baked Tuesday.


I was lookign through some posts on here yesterday and today and realised I had an account and when I checked it I noticed that I had come clean about my debts to my OH 5 years ago now and I haven't paid a single one off yet!!
Got drawn into a busy worklife and rarely received much mail regarding them, then Covid and lockdowns.
What a bloody waste of 5 years when I could be finished with it all by now.

Amigo 5k
Overdales Solicitors 3.6k
Cabot  3.7K
Cabot  2k
Cabot 8.4k
Hoist  3.4k
Lowell  3k
Lowell £210
Lowell £414
PRA Group  5.8K
RBS 3K

There are 3 others which amount to about 8k but I am unsure who they are with now.
Any ideas how I can find out? They are not listed on my credit report.


Now I have debts passed from DCA to other DCAs. Phonecalls non stop. I am guessing it is because in 1 more year at least half the debts will be statute barred but
I would rather have them paid off and gone.

Anyways, the Guarantor loan (5k) will be paid off next month.
Then I plan on tackling the smallest to largest.

Maybe ask for a settlement offer seeing as the partial payment will be removed from my credit file from next year.



Just needed to aire my anger directed at myself for having my head buried in the sand. 

RAS

I'd not do anything as yet.

Are you currently paying anything off any of these?

If the debts are not on your credit record, when did you last pay anything off them? Some may well be statute barred or about to be. You could just leave them to go SB.

With the others, try to check your bank accounts to see when you last paid them. Maybe do a Subject Access |Request to get 6 years of statements?

RebelYell

RAS said:

I'd not do anything as yet.

Are you currently paying anything off any of these?

If the debts are not on your credit record, when did you last pay anything off them? Some may well be statute barred or about to be. You could just leave them to go SB.

With the others, try to check your bank accounts to see when you last paid them. Maybe do a Subject Access |Request to get 6 years of statements?

Not paid a single thing to any of the debts. Only the Guarantor loan which was paid monthly.

Overdales have recently been in touch (since it's Lowells in disguise) and have suggested taking me to court for a CCJ. But I sent them a CCA request. Just waiting to hear back from them.

I am pretty sure a few will be statute barred next year and some the following year (2024), it is just hard to find exact dates as the original creditors information has stopped showing dates and payments or have disappeared completely from the reference agencies. Then its a case of matching the DCA to the original debt, some I can but others are slight different amounts. 

RAS

In which case getting the details of all the payments you've made from your own banks might be the first move. A SAR takes about 6 weeks even if some of it arrives sooner.

Sample Letter - National Debtline | Sample letters - Personal information under the Data Protection Act | National Debtline

Obviously, you don't need to include a budget.

RebelYell

Managed to get details of the debts from Equifax who still had some details on my debts.

Overdales sent back a reply to my CCA request and sent all the appropriate documentation so I shall send them a settlement offer and see if I can get decent offer from them.

I have sent off CCA requests to a couple of the other debts and am awaiting a reply back.

I am quite confident that I can locate who the different debts belong to know. 

sourcrates

You should be aware that by making CCA requests, you will re-set the statute barred time clock.

It counts as written acknowledgement.

RebelYell

Been a long time but thought I would check in and update how it is all going.


Been about a year I believe since I was last online.
Since then...

Amigo 5k    (PAID) 

Overdales Solicitors 3.6k. ( £50pm plan)

Cabot  3.7K (settlement for £938 paid in 5 installments) FINISH PAYING THIS MONTH.
 
Cabot  2k (settlement for £500 paid in 3 installments) FINISH PAYING OCT.

Cabot 8.4k (settlement for £2.1k paid in 9 instalments) FINISH PAYING MAY 2024

Lowell - vanquis- 3.69k (settlement for £1082. PAID)

Hoist  3.4k (now with lowell  yet to be sorted)
 
These 3 are under overdales as above.
Lowell  3k
Lowell £210
Lowell £414


PRA Group  5.8K (£35.00pm plan)

RBS 3K yet to be sorted.


Getting there. Feel much better about it and final starting to sleep alot better.

enthusiasticsaver

Well done on sorting it out. I have to admit when I read your first post I hadn’t realised it was more than a year ago and personally I would have left them alone to go SB. Sounds like you are getting to grips with them all. 

RebelYell

enthusiasticsaver said:

Well done on sorting it out. I have to admit when I read your first post I hadn’t realised it was more than a year ago and personally I would have left them alone to go SB. Sounds like you are getting to grips with them all. 

Well...

I was going to try and leave them as a couple would have dropped off possibly next year. 

However, I have taken on a transport manager role and will have to do a few courses next year and topped off with wanting to possibly build a house on the in laws farm, I just want it gone ASAP. Plus, I got a few good discounts on them. 

Could have started this several years ago but I spent alot gambling, alot on frivolous stuff. Taking back control is the most rewarding part.

Not fearing to log into the bank account, not worrying about the two weeks prior to payday. Not struggling to make the change in my pocket stretch as long as possible. 

It makes such a different. 

Ryan_Holden

I just came to say congratulations. What you've done is solid work and you've very definitely made sacrifices and applied yourself to make it happen. I hope you're proud of yourself, you should be.

RebelYell

Ryan_Holden said:

I just came to say congratulations. What you've done is solid work and you've very definitely made sacrifices and applied yourself to make it happen. I hope you're proud of yourself, you should be.

It has taken a few moments of concentrated note taking a weighing up payment options etc. Made token payments on the larger debts and put more towards the smaller ones. Once one cleared, I rolled the money to the next smallest. 

Soon ate through them. 

In 5 months the largest one will be gone. Then there is one left, but an offer of 1200 should clear it in one hit. 

Then that will be it. 

No debt left. 

Will officially be transport manager next week. And hopefully purchasing half an acre of land on the farm to build a house. The build will not be done with a mortgage!!!