debt management plan what to do??

[dx100uk]

how much you offer will depend on how much you actually owe each

if they have the correct paperwork too.

 

not a % of the warchest.

[getstraight]

I am really sorry not understanding the how much you owe part

 

Things I have read talk about starting low and negotating to an agreement or working out what % your pot is compared to your debt

and then. split this equally accross your debt.

 

As a side issue I am looking at the Income and Expenditure form I have been sent.

 

My mum sold me here car a few months back for me to get around in for 2K, am I ok putting this down??

 

As I can't get loans etc while on the DMP?

 

Still waiting for my credit file to come through with the easter break.

 

Thanks to everyone your help is most valued!!!

[dx100uk]

the I/E sheet is for YOUR use not theirs.

 

you need to read this thread and the advise CAREFULLY.

 

take each debt

 

one by one.

 

get ALL the info you can on each one

 

send them an SAR [ the original creditor]

 

and if its not a bank account

 

send whomever is listed as the owner of that debt a CCa request.

 

then start a new thread for each debt as the info comes in.

 

we'll go from there

 

there is no set figure to workout

till we get all the info.

 

dx

[getstraight]

Hi Just got my credit check through from experian, but it only shows 2 of my 5 debts. How is this possible what does this mean? How do I check this, what do I do next? thanks(very confused)

[getstraight]

I realise whats wrong the credit report has missed one of my addresses off that I requested.

[getstraight]

Sorry my report doesn't show me on the electoral role. at my previous address, but it does show that address as a linked address. So it stands that 3 debts don't show on my report. thanks for any thoughts

[getstraight]

Should I write to the companies asking for proof of the debt?? any thoughts??

[dx100uk]

yes def.

 

might have been defaulted more than 6yrs ago and dropped off

what are the debts not showing?

 

dx

[getstraight]

Well a TSB loan not showing

a virgin credit card and

a Halifax credit card sold onto Robinson way.

 

I find it very hard to believe that they aren't on there,

I am wondering if they are in my ex's name.

 

I left the finance to her(lesson learnt) and when we split we did a 50-50 but perhaps they werent offically like that.

 

To be honest life was a real mess at that point I can't be certain.

 

For what reasons wouldn't they show it's not what I expected.

 

Are their any templates on how I word such a letter?

 

thanks

[dx100uk]

fire all three off this with a BLANK £1PO

 

do NOT sign the letters

 

 

The Loan Company

 

Company House,

 

Church Street,

 

Newtown,

 

Kent,

 

R1 7HG

 

 

 

Dear Sir/Madam

 

 

 

Re:- Account/Reference Number 4563210025897412

 

I do not acknowledge any debt with your Company or Associates

 

This letter is a formal request pursuant to s.77/78 of the Consumer Credit Act 1974. I require you to provide me with a true copy of the credit agreement relating to the above account, together with any other documentation the Act requires you to provide, including a detailed statement of the account.

 

 

 

I expect you to comply fully and properly with this request, within the statutory time limit. You are reminded that should you fail to comply with my request, the provisions of s.77 will apply.

 

 

 

If it is your view that you are not the creditor, s.175 of the CCA 1974 applies in the case of a simple assignment, and places a duty upon you to pass this request to the creditor. In the case of an absolute assignment, you are a creditor as defined by s.189. If you contend that you purchased the rights but not the duties of any agreement, you are reminded that s.189 of the Act is clear that an assignment is of both rights and duties.

 

 

 

Your attention is drawn to ss.5(2), 3(b),6 and 7 of the Consumer Protection From Unfair Trading Regulations 2008 (CPUTR).

 

 

 

I enclose a postal order in the sum of £1.00, which is the statutory fee. Note that these funds are not to be used for any other purpose.

 

 

 

If you are unable to comply fully and properly with this request, you should confirm this in writing at the earliest opportunity, and certainly within the statutory time limit for compliance, and return the fee.

 

 

 

We look forward to hearing from you.

 

 

 

Yours faithfully

 

Mr A N Other

 

 

....

 

they have 12+2 working days

to reply

 

else fire off the failure t6o comply letter and stop paying them

 

dx

[getstraight]

I have only contacted, expreian not the other 2 companies that have credit details should I contact them first, brfore sending this letter. thanks

[dx100uk]

no

 

dx

[getstraight]

How does this letter differ to a SAR?? thanks for your advice.

[dx100uk]

click on the sar

and read

dx

[getstraight]

Sorry didn't explain myself very well, does one carry more weight than the other? Is one seen as more offical is more what I meant. thanks

[dx100uk]

????

 

cca gets you a copy of the agreement

 

sar is for everything else

 

THEY need to HOLD an enforceable agreement to demand money of a debtor

 

dx

[sequenci]

THEY need to HOLD an enforceable agreement to demand money of a debtor

 

 

I'm not sure that's right matey.

[dx100uk]

no that's true ......... they can demand what they like

 

if they actually get anything is another matter.

 

never pay a dca that does not hold an enforceable agreement

 

or anyone for that matter....

[getstraight]

Spent time at the weekend going through my credit file and all my paper work.

 

One thing struck me as curious the debt that was orginally with Halifax.

 

This was sold to Robinson way early last year, and I have letters from Robonson way.

 

Then earlier this year I received a letter from Halifax informing me it had been sold to CapQuest,

 

I have received a letter from Capquest?

 

Why would halifax inform me they have sold it to capquest when they have already sold to Robinson way?

 

sould I write to all 3 asking for proof that they own the debt or just the last company? thanks getstraight

[dx100uk]

what does you cra file show as the owner?

 

dx

[getstraight]

what does you cra file show as the owner?

 

dx

 

I posted earlier about debts missing this is one of those. It looks like everything for my previous address is missing, including mortgage payments I made on the property, but the mortgage payements for this property show after I moved out. But this address is listed as a search address. thanks

[citizenB]

You can send the letter attached to both CapQuest and Robinson Way, with copies to Halifax.. that should establish who owns the account

 

 

[ATTACH=CONFIG]43178[/ATTACH]

 

[ATTACH]43177[/ATTACH]

 

One is a pdf, just in case the Word document doesn't download.

[dx100uk]

I posted earlier about debts missing this is one of those. It looks like everything for my previous address is missing, including mortgage payments I made on the property, but the mortgage payements for this property show after I moved out. But this address is listed as a search address. thanks

 

 

does your old address show in linked addresses.

 

dx

[getstraight]

does your old address show in linked addresses.

 

dx

 

yes it does

[dx100uk]

could it be they are outside of 6yrs now?

 

dx