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72k in debt....I feel sick

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Comments

  • moneymeltdown
    moneymeltdown Posts: 264 Forumite
    madmalteaser wrote: »
    What was the charge for?

    it's quite complicated as there seems to have been,according to the co-op, 'crossed' money paid in and money paid out all in the space of one day, resulting in their £19.50 charge putting me officially overdrawn on a no overdraft account.

    i will be calling them tomorrow to get a breakdown of exactly why all this happened as I am aware that the cashminder account does not have an overdraft facility and have maintained this account in credit(!) for the last 6 months! :T
    "happiness is...positive cashflow!":j
  • o99
    o99 Posts: 44 Forumite
    Good luck with everything MMD, hope things are feeling more comfortable for you soon.

    I'm in pretty much the same boat but have only just started and someone stole my paddle.

    Take care.
  • moneymeltdown
    moneymeltdown Posts: 264 Forumite
    thankyou o99! it can be really really tough but there is always someone on here to help even in the darkest of times! ;) x
    "happiness is...positive cashflow!":j
  • moneymeltdown
    moneymeltdown Posts: 264 Forumite
    I have received a date for my hearing regarding the statutory demand from christmas eve. what do i do now ? the hearing is in about a months time :(
    "happiness is...positive cashflow!":j
  • moneymeltdown
    moneymeltdown Posts: 264 Forumite
    bump...advice required please please please!
    "happiness is...positive cashflow!":j
  • Pobby
    Pobby Posts: 5,438 Forumite
    Just a bump.
  • MediSin
    MediSin Posts: 118 Forumite
    moneymeltdown wrote: »
    it's quite complicated as there seems to have been,according to the co-op, 'crossed' money paid in and money paid out all in the space of one day, resulting in their £19.50 charge putting me officially overdrawn on a no overdraft account.


    Hi there,

    Did you have any 'joy' talking to them today? My bank has done this to me loads of times and, as far as I can tell, they're just trying to scam us. Every time they've done it, I've written a slightly arsey letter explaining why it's their fault and not mine, and requesting that they refund my money immediately. Every time, I've had my money refunded, which suggests to me that they know they're in the wrong, and they are relying on us not knowing what to do about it in order to make yet more money. It's not money that's at the root of all evil, it's NatWest :-)

    Hope you get your money back asap - don't let anyone rip you off! And good luck with all the other money-grabbing (insert preferred insult here)!
  • 10past6
    10past6 Posts: 4,962 Forumite
    moneymeltdown wrote: »
    I have received a date for my hearing regarding the statutory demand from christmas eve. what do i do now ? the hearing is in about a months time :(
    You apply to have it set aside on the basis they've not given you sufficent time.
    Click here for Martins (MSE) advice on who to contact with Debt Issues - YOU HAVE NO REASON TO USE A FEE PAYING DEBT MANAGEMENT COMPANY- THEY CANNOT DO ANYMORE FOR YOU THAN THOSE LISTED IN MY LINK ABOVE.

    All information given by myself is offered informally and without prejudice - if in doubt seek help from a qualified and insured professional
  • 10past6
    10past6 Posts: 4,962 Forumite
    moneymeltdown wrote: »
    Can you help with any advice on what to do next? thankyou very much!
    Hi MMD

    I'm on & off here several times a day, but as this board moves so quick I miss several posts.
    Click here for Martins (MSE) advice on who to contact with Debt Issues - YOU HAVE NO REASON TO USE A FEE PAYING DEBT MANAGEMENT COMPANY- THEY CANNOT DO ANYMORE FOR YOU THAN THOSE LISTED IN MY LINK ABOVE.

    All information given by myself is offered informally and without prejudice - if in doubt seek help from a qualified and insured professional
  • 10past6
    10past6 Posts: 4,962 Forumite
    moneymeltdown wrote: »
    This is a Credit Agreement regulated by the Consumer Credit Act 1974. Sign it only if you want to be legally bound by its terms

    That could refer to their T&Cs for all we know.

    I have a letter from RMA Resolve stating
    moneymeltdown wrote: »
    Please find enclosed a copy of the signed Credit Agreement. We are unable to send you any deed of assignment as we have not been assigned the debt but are acting on behalf of American Express upon instruction.
    That means they don't own the debt, they are acting on behalf of their client.
    Click here for Martins (MSE) advice on who to contact with Debt Issues - YOU HAVE NO REASON TO USE A FEE PAYING DEBT MANAGEMENT COMPANY- THEY CANNOT DO ANYMORE FOR YOU THAN THOSE LISTED IN MY LINK ABOVE.

    All information given by myself is offered informally and without prejudice - if in doubt seek help from a qualified and insured professional
This discussion has been closed.
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