What Info Does CCCS Need?

elle_gee

My boyfriend has about £28k of debt and, this time(!!), we are going to get it sorted..

I've got the day off on Fri 2nd May and he's working just the morning so we've decided this is the day we will phone CCCS. We are going to make payments to his creditors on 30th April as usual and get all the current figures from them and then we'll be armed with all the info on 2nd. I assume CCCS need balance, monthly payment, APR... anything else?

I've seen some people on here have made appointments for telephone interviews with CCCS - is this always necessary, and should my boyfriend phone them tomorrow and see if he can book the call for 2nd May, or can we just call and go through it all there and then?

Many thanks!

Merlot

http://www.cccs.co.uk/ link here for CCCS, this will tell you what you need.

I think there is an appointment system with the CCCS, and if I am correct, and someone will tell me otherwise, I thought there was a 2/3 week waiting time, but do phone them on Friday, it will set the wheels in motion, in the meantime do you want us to help, if so, post an SOA (incomings and outgoings) and we will make suggestions to your BF as to what he can do to reduce his outgoings.

Merlot.x.

elle_gee

It's gonna be a bit of a rant! :rolleyes:

Income: £1300 approx. (after tax) goes up and down slightly if he gets more overtime but it’s not often.

Mortgage £79819 - £480pm + £60pm towards arrears (missed two months payments during the last year)
Overdraft £2500 - Not paying anything right now (see below)
Unsecured Loan £19112 – Should be £360pm but not paying anything right now (see below)
Secured Loan £4300 - £112pm
Car Finance £4000 - £142pm
Career Loan £540 - £10pm

TV licence - £11pm
Mobile - £35pm
Phone/internet - £35pm
Petrol - £60pm (that's just to work and back but will start cycling in better weather, rarely goes on long journeys)
Car insurance - £26pm
Council Tax - £95pm (Band A)
Entertainment - £20pm approx. (online gaming subscriptions which I don't begrudge him as it's his way to relax)

Re: the overdraft and unsecured loan – God only knows why but he stopped making payments towards both of these (doesn’t use the current account the OD is attached to anymore). Natwest have inevitably caught up with him and sent the “pay us the arrears [approx £3k] or we want all of it and will default them on your credit report” letter about six weeks ago. He’s written back to them to say he can’t afford the full payments and they’ve written back to say they are thinking about it and will get back to him (have checked the credit report and nothing has changed yet).

I pay for the utilities (electric/gas/water) and the food shopping, as well as my own payments like car insurance, catalogues (rarely used!), debts (see signature) and petrol etc. All manageable enough for me. I don’t pay anything towards the mortgage as we’ve agreed the house is his, I’ve got no claim on it, and I’ve spent some of my savings on the DIY (completely redecorated all three bedrooms and the bathroom). I have also cleared his £1200 credit card debt on to mine and I’m paying that off without contribution from him.

In the long-term, we know he can’t sustain monthly payments at the rates the creditors want. Annual salary is £19k now whereas when he signed up for a lot of these things he was on £26k (don’t ask!). He is trying to get a new job in order to up his income but at the same time we are wanting to move to a new house and have a child so our outgoings are looking to increase sometime a lot sooner than the end date of all these credit agreements! ARGH!

Arwen

It would be helpful if your bf had the APR and stuff but it really isn't necessary.They will need an approx balance on the accounts though, and names and addresses of creditors and what stage they are at eg defaulst etc.Oh and account nos.The CCCS will write to the creditors anyway and get chapetr and verse on the rest of it.

They will take an average Income.Any Money Advisor worth their salt will NOT include overtime as it is not guaranteed income. They will suggest ways to cut down obvious OTT expenditure that creditors will not accept like full sky packages and cigs etc.

I work in money advice and we can get away with justifying basic sky packages with small children,but movies and sports may not cut it with many...:D

We will probably over estimate on food though, cos that is where people underestimate the most.You may think you can live on pot noodles and creditors will expect you too to repay their debt,but is not conducive to healthy living, whatver they say.