Dealing with debts and debt disputes

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  • biglad
    biglad Posts: 617
    Debt-free and Proud!
    Forumite
    Yes maybe you have got the wrong end of the stick, I have paid off all my debts and have spent the last 6 years saving etc. I dont need any credit, apart from a mortgage which is a part of life but this is holding me back
  • CAB_Swansea_Bay_representative
    CAB_Swansea_Bay_representative Posts: 287 Organisation Representative
    Hi Biglad, thank you for you enquiry regarding credit references and default notices.
    Firstly let me say well done for dealing with your debts and I understand your frustration in trying to build up your credit rating again so you can get a mortgage. When you are in a Debt Management Plan you have an informal agreement with your creditors to pay less then the contractual payments each month. This means that as you are not making the contractual payments you are breaching the credit agreement and they can still add a default notice to your credit reference and you cannot challenge this. You can however ask the credit reference agencies to put a Notice of Correction on your credit file to explain that you had a DMP and were making the payments and that the debt is now paid in full.
    Hope this is of assistance.
    Official CAB Representative
    I am an official representative of CAB. MSE has given permission for me to post in response to questions on the CAB Board. You can see my name on the companies with permission to post list. If you believe I’ve broken any rules please report my post to forumteam@moneysavingexpert.com as usual"
  • biglad
    biglad Posts: 617
    Debt-free and Proud!
    Forumite
    Thanks for your response, I have put a notice of correction on the file but just worried that creditors wont see this as acceptable.

    I have done this with experian, would it be worth doing it on other ones aswell?
  • espresso21
    espresso21 Posts: 196 Forumite
    Thank you very much for the helpful advice and for the reassurances regarding the bailiffs. I will follow your advice and hopefully whip these debt collection bullies into shape. Many thanks for the service you provide.
  • Hi, I would like to make a queary about a debt.

    Back in February, SAAS wrote to me saying they overpaid my February payment by £175.00, this was due to me leaving college after payment apparently, but I emailed them from my onlinejournal email address only to learn that they are now using my online journal name instead of my real name!, I have emailed them about this but they continue to use this name, what steps are there to take now? has this voided the debt? (I hope so). The funny thing is in other contacts with them they referred me to my real name, but as my online journal email is the only email address I use (and used when I applied for my SAAS) I just used it as normal, also I sent them a CAB financial sheet with my REAL name on it so why on earth are they calling me by my journal name?
    Student - August 2012/June 2013 - No Funding
    Driving Lessons - £50 per fortnight
    ESA (Genuine) - Minimum @ Moment - Medical on 23/08/12

  • ErikaRex
    ErikaRex Posts: 9 Forumite
    edited 21 June 2012 at 6:19PM
    I've got someone pestering to meet me to give me an order to attend court, over a long ago debt that I have already had a CCJ for. He insists on meeting me tomorrow, what can I do about it, do I need to meet him, do I have to attend court again for the same debt, what shall I do?

    Thanks

    PS: I've moved several times and have also changed my name since the debt was first settled with a CCJ in court.
  • CAB_Swansea_Bay_representative
    CAB_Swansea_Bay_representative Posts: 287 Organisation Representative
    Hi MrsMacFarlane12, thank you for your query regarding SAAS
    I am presuming by SAAS you mean Student Awards Agency Scotland and unfortunately the Scottish student and legal system is very different from that in England and Wales and I have not been trained in this area so am unable to assist you. You may some information at
    http://www.adviceguide.org.uk/scotland.htm
    Official CAB Representative
    I am an official representative of CAB. MSE has given permission for me to post in response to questions on the CAB Board. You can see my name on the companies with permission to post list. If you believe I’ve broken any rules please report my post to forumteam@moneysavingexpert.com as usual"
  • CAB_Swansea_Bay_representative
    CAB_Swansea_Bay_representative Posts: 287 Organisation Representative
    Hi ErikaRex, thank you for query regarding order to attend court.
    This sounds like someone trying to serve you with a Order to Obtain Information. If you have a CCJ that has not been paid in full then the claimant can ask for you to attend court and answer questions about you income, outgoings, employment, bank details and assets, if you fail to provide those details or fail to attend the court can make a committal order for your imprisonment (this is likely to be suspended on grounds you do attend/supply information within a certain amount of time). A claimant will take this action in order to see the best way to enforce the judgement e.g. by way of an attachment to earnings, charging order or bailiff warrant. I would suggest you seek specialist debt advice and you can find your local citizens advice bureau at www.citizensadvice.org.uk. The fact that you have changed names and addresses does not effect whether you still owe this debt and will not stop further enforcement action being taken.
    Hope this has been of assistance
    Official CAB Representative
    I am an official representative of CAB. MSE has given permission for me to post in response to questions on the CAB Board. You can see my name on the companies with permission to post list. If you believe I’ve broken any rules please report my post to forumteam@moneysavingexpert.com as usual"
  • I owe money to the Revenue. I had been contracting on a ltd company basis for a while and then I broke my leg last year which meant I couldnt work for almost 2 months (3 children to support and rent to pay still). During this period I took a Directors Loan and as I couldnt pay it back by the end of the financial year have had to pay more corporation tax (25% on the value of the Directors Loan)and therefore am behind on paying VAT too. This has meant I have been behind in paying my VAT and although I have been paying back £150 a month to VAT and £150 Corporation Tax, they said as I dont have enough money coming in to pay off the amount they have now referred me for bankruptcy.

    I dont have enough money to pay them any additional money at the moment but my grandmother died 2 weeks ago and she has left me a quarter of her estate - this is effectuvely a quarter of £95K cash and a quarter of the value of the house she owned. I mentioned this to the HMRC lady I spoke to and she said as I didnt currently have the money she was referring me to the bankruptcy dept anyway. My debt to the revenue is £5k so my inheritence will be way more than that. Can I get a solicitors letter or something to send to them to prove this money will be coming. I know probate can take some time but surely the guarantee of money in a few months is better for them than receiving nothing?

    Please can you advise.

    Many thanks
  • CAB_Swansea_Bay_representative
    CAB_Swansea_Bay_representative Posts: 287 Organisation Representative
    Hi Wanttocleamydebts, thank you for your query regarding HMRC debt problems.
    Unfortunately we cannot advise on issues relating to a limited company debts but would suggest you contact Busines Debtline on 0800 1976026 or www.bdl.org.uk.
    Hope this is of assistance
    Official CAB Representative
    I am an official representative of CAB. MSE has given permission for me to post in response to questions on the CAB Board. You can see my name on the companies with permission to post list. If you believe I’ve broken any rules please report my post to forumteam@moneysavingexpert.com as usual"
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