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pathtodebtfree
Posts: 11
Forumite
Self managed DMP. My first default back in November (noticed on credit file in December) was from PayPal however they haven't sent me any default notice or passed the debt on. How would you manage this? Await official letter to start payment plan or just start making payments to PayPal?
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Comments
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You say PayPal, is this a debt owed to PayPal themselves, or to PayPal credit?
They may say they have generated a default notice, but, most of the time they are never received by the debtor.
Honestly I`d wait and see what happens, they have 6 years in which to enforce the debt or assign it to a collection company, and while they dither, the limitation clock ticks on down.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 -
Sorry yea should have mentioned its paypal credit. Thankyou for your response.0
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