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Formal letter of claim issued - What would be my next steps?
cheexy
Posts: 472 Forumite
Hi,
I'm very confused at the moment and was wondering if someone could help. I just received an email from the solicitors representing the credit card company I owe £14,000+ that a formal letter of claim has been issued. I lost my business earlier this year and earn nothing. I also have a 5 month old baby so I don't work and barely cover my bills as I'm on Universal Credit. There is literally no money anywhere to pay off the debt which I incurred while trying to save my business. What would be my next steps in this situation?
Thanks in advance.
I'm very confused at the moment and was wondering if someone could help. I just received an email from the solicitors representing the credit card company I owe £14,000+ that a formal letter of claim has been issued. I lost my business earlier this year and earn nothing. I also have a 5 month old baby so I don't work and barely cover my bills as I'm on Universal Credit. There is literally no money anywhere to pay off the debt which I incurred while trying to save my business. What would be my next steps in this situation?
Thanks in advance.
£47605.33 outstanding in C.C (£8000 Interest free till January 2025)
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Comments
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If they are applying for a CCJ they must by law send you a letter before action by snail mail, so an E Mail is not enough.
You will have to sit tight and wait for that letter.If you go down to the woods today you better not go alone.0 -
I'm going to ask for this to be moved to the main dfw forum as I think more people will see it there0
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Yes the email stated that the letter is in the post. I'm just trying to get ahead of the whole thing. Sorry I was no clear earlier.Grumpelstiltskin said:If they are applying for a CCJ they must by law send you a letter before action by snail mail, so an E Mail is not enough.
You will have to sit tight and wait for that letter.£47605.33 outstanding in C.C (£8000 Interest free till January 2025)0 -
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I'm just checking if I need to do anything else for this to be moved. I'm a bit all over the place right now.fatbelly said:I'm going to ask for this to be moved to the main dfw forum as I think more people will see it there£47605.33 outstanding in C.C (£8000 Interest free till January 2025)0 -
The mods will move it if they agree.
You can't do anything till the formal letter arrives
The Debt Camel article explains what it looks like and how to respond1 -
Bump this thread.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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