Advice on “silent” Barclays debt

tryingagain87

Hi all,

Appreciate some advice on how best to deal with this. 

Took out a Barclays loan in 2016, all fine repayments etc. In Nov 2017 received a cancer diagnosis and was unable to work for 7 months - Barclays refinanced this loan to me as a “resolve” loan -  and interest frozen. I was paying back the resolve loan for a few years. In 2020, had a second cancer diagnosis and understandably things went to pot a bit - I defaulted on 4 accounts including Barclays whilst recovering. 

In late 2020, I took charge and entered a self managed DMP with the accounts, which has worked fine - monthly payments up to date etc. 

Except for this Barclays loan, they’ve never sold it on, never contacted me, I just receive twice yearly default notices. 

I really want to pay it back - I’m 2 years from the debt being SB, but I have contacted Barclays trying to set up a repayment plan to no avail. 

Do I literally just wait this out until someone contacts me (debt company or Barclays themselves)? to organise repayments ? 

Trying to do the right thing but have had a pretty bad time health wise so am also conscious of my own mental health. 

Any advice massively welcomed! 

sourcrates

tryingagain87 said:

Hi all,

Appreciate some advice on how best to deal with this. 

Do I literally just wait this out until someone contacts me (debt company or Barclays themselves)? to organise repayments ? 

Yes, basically, nothing else you can do.

Its quite likely Barclays have taken an internal commercial decision and decided not to pursue this account due to your health issues.

If you are contacted, then deal with it, until then, carry on as normal.

tryingagain87

 sourcrates said:

tryingagain87 said:

Hi all,

Appreciate some advice on how best to deal with this. 

Do I literally just wait this out until someone contacts me (debt company or Barclays themselves)? to organise repayments ? 

Yes, basically, nothing else you can do.

Its quite likely Barclays have taken an internal commercial decision and decided not to pursue this account due to your health issues.

If you are contacted, then deal with it, until then, carry on as normal.

Didn’t even consider that as an option @sourcrates! 

Thanks so much - will just sit tight and wait to hear then, I’m very keen to do the right thing so to speak! 

sourcrates

tryingagain87 said:

 sourcrates said:

tryingagain87 said:

Hi all,

Appreciate some advice on how best to deal with this. 

Do I literally just wait this out until someone contacts me (debt company or Barclays themselves)? to organise repayments ? 

Yes, basically, nothing else you can do.

Its quite likely Barclays have taken an internal commercial decision and decided not to pursue this account due to your health issues.

If you are contacted, then deal with it, until then, carry on as normal.

Didn’t even consider that as an option @sourcrates! 

Thanks so much - will just sit tight and wait to hear then, I’m very keen to do the right thing so to speak! 

Hmmm, what is the "right thing" though?

Money lenders have the morals of a toad, judging by your health problems, the right thing appears to have been done.

tryingagain87

sourcrates said:

tryingagain87 said:

 sourcrates said:

tryingagain87 said:

Hi all,

Appreciate some advice on how best to deal with this. 

Do I literally just wait this out until someone contacts me (debt company or Barclays themselves)? to organise repayments ? 

Yes, basically, nothing else you can do.

Its quite likely Barclays have taken an internal commercial decision and decided not to pursue this account due to your health issues.

If you are contacted, then deal with it, until then, carry on as normal.

Didn’t even consider that as an option @sourcrates! 

Thanks so much - will just sit tight and wait to hear then, I’m very keen to do the right thing so to speak! 

Hmmm, what is the "right thing" though?

Money lenders have the morals of a toad, judging by your health problems, the right thing appears to have been done.

Fair I suppose - let’s see what happens then