Support needed enough is enough

debtmonkey123

Thank you for your support and options. My biggest problem is I am a finacial adviser and I have to have a finacial review each year I have spoken to my hr and manager about my position. They have confirmed everything is fine as long as no CCJ or bankruptcy. I know a lot say the debt companies won't take me to court but how certain is this. Thank you

Grumpelstiltskin

If and it is a big if, one of your creditors decided to go for a CCJ they have by law to send you a letter before action by snail mail ( this is why we always advise you to open any letters )

At that point you have time to sort something out to prevent court action.

debtmonkey123

Hi all month 2 of no payments made I have received a notice of sums in arrears. Just wanted to check I am to ignore this.

On another the phone calls are coming in every hour every day even a Sunday. I have not answered any calls so far.

Any support would be much appreciated 

Grumpelstiltskin

Yes just hold on and ignore phone calls, can you block the numbers?

Just check anything you receive by snail mail.

stu12345_2

yes that's standard letter after 2 missed payments.
and debts collection can call you at reasonable times, but not persistently that it causes alarm or distress , you can report them

sourcrates

Its just general collection activity as the creditor`s like to call it, calls/texts letters etc.

Some facts for you.

Legal action may only be taken once a debt has defaulted.

I say may, not will, as 99% of creditor's will either assign a debt collector, or sell the debt to a 3rd party once the account defaults.

The most likely time for legal action is when a debt is sold, the new owner goes through their standard collection process with you, and you ignore them, they will then run a trace to see if you are a viable candidate for legal action, i.e.. whether you have money and are just being obstructive, or you don`t have money, and genuinely can`t afford to pay. 

A "letter before action" is the first step in the civil procedure rules before a court claim can be issued.

Come to an agreement at that stage and a CCJ can be avoided.

debtmonkey123

Hi all I have just received a text from Themis saying they have instructed by creation to give them a call. I haven't had anything in writing do I wait or do I call them thanks in advance 

sourcrates

The advice to respond only to important letters has not changed.

Sly72

My journey with creation is, if you dont respond to collection folk it then goes to solictitors who are instructed by creation to do CCJ action if you dont agree to clear balance within 3 yrs. They are also very hot of providing the CCA info. 

My advice setup a plyment plan with Themis, as dealing with the solictiors is hard work.