Repayment plan

Adviceuk3

I have been worried sick for the last few days with worrying thoughts running through my head about an old debt that I have.

Hoist Finance where the creditors who have been paying for a number of years a monthly payment of 5.00 per month. Every six months it got reviewed and I kept on top of it.

I have received a letter from Lowells to advise me Hoist had been bought out and to start making payments to them. So I called them up and set the same agreement I had in place with Hoist with them.

Then I shouldn't do it put read online reviews about Lowell.

Has anyone in your experience had dealings with them? Do they adhere to these payment plans they set with you and pay each month? Or are they type to put an agreement in place then head straightaway even though you got this in place with a CCJ?

I'm very worried about this given I'm paying what I can and when the debt was with Hoist made sure I had the money to pay each month no matter what.

Any advice from anyone who has dealt with them would be appreciated.

fatbelly

Lowell are as OK as Hoist. If there was a court order to pay £5 then that is what you do and if Lowell don't like it they would have to ask the court to 'vary' the order and you would be able to show that that remains all you can afford.

Post again if you get any problems. Until then don't worry