Hello and many thanks for this very helpful forum,
Ive been reading around for a few days on here but cant see something that I can directly relate to,
so I'm hoping that someone can point me in the right direction of what to do.
Situation
I have 3 outstanding debts with various lenders all of which I have negotiated a £1 per month payment.
I'm a job seeker and I'm also attempting to get my own business up and running
- No income from this as yet so I'm just on the basic JSA
- but also poss looking to move to tax credits (or the equivalent of).
One company Nationwide have appointed KPR to as they quote 'your account which has been passed to us to recover the outstanding debt'
Amount £7500 - Date of letter 7th March - received regular post 11th March 2014.
Now, my agreement for the £1 per month with Nationwide is approx 12 months old
and KPR have been calling and writing to me for 6 month prior to receiving this letter,.
. Ive never entered into any conversations or correspondence with KPR over this matter.
I also haven't entered into any correspondence with Nationwide since this arrangement was set up.
The letter from KPR going on to say call us immediately to discuss what discount is available to
- 'settle the debt by paying a significantly reduced one off discounted sum.
I'm lost to what my response to this should be?
Any help would be very gratefully received.