Debts unpaid due to employment situation

[Nags]

Hi,

 

I am looking for the advise to handle my unpaid debts.

 

I had some unsecured debts for sum of £14500 (approx.) and had to leave the country due to my employment situation in Oct'13.

I didn't want to leave without paying it but I had no choice.

 

 

I consulted with StepChange Debt Charity, as they advised I sent letters to the concern departments of the Bank

explaining my situation and they agreed to keep the debts as it is with no interest for 12 months.

 

Now I am back in the country after 16 months.

 

 

Would like to repay some of my debts but I am not sure how to start it.

 

The Debts as on Oct'13 are:

 

Personal Loan - £11000

Credit Card - £400

Overdraft - £3000

 

Now my questions are:

 

1) What could be the situation of my debts now?

 

2) Would the interests started piling up?

 

3) Will they agree to write-off some of my debts?

because I am not sure about my employment with my company after 6 months.

Hence I would prefer to see the debt amount as little as possible to be repaid within 6 months.

 

4) Would this debt has already affecting my credit rating?

 

Kindly advise me and let me know if you need more details.

 

Thanks!!

[Bazooka Boo]

Hello and Welcome to CAG.

 

Are these all with the same bank?

Which bank is it?

When did you take out the loan and the credit card?

 

Have you checked your credit file?

What was the last letter you received regarding all of these debts say?

 

Do you have any PPI that you can reclaim?

How much of these debts are made up of reclaimable fees/charges?

[Nags]

Hello,

 

Thanks for your response and please find my answers to you questions.

 

Are these all with the same bank? Yes

Which bank is it? Lloyds TSB

When did you take out the loan and the credit card? 14000 personal loan was taken on 29/11/2012 and should have got my credit at almost at the same time

 

Have you checked your credit file? Not yet

What was the last letter you received regarding all of these debts say? Asking me to update my overseas address with them and I did the same. I dont remember any letter sent to me after that.

 

Do you have any PPI that you can reclaim? No

How much of these debts are made up of reclaimable fees/charges?

 

Please let me know if you need more details.

[Nags]

Hello Bazooka Boo,

 

Thanks for your response and please find my answers to you questions.

 

Are these all with the same bank? Yes

Which bank is it? Lloyds TSB

When did you take out the loan and the credit card? 14000 personal loan was taken on 29/11/2012 and should have got my credit almost at the same time

 

Have you checked your credit file? Not yet

What was the last letter you received regarding all of these debts say? Asking me to update my overseas address with them and I did the same. I dont remember any letter sent to me after that.

 

Do you have any PPI that you can reclaim? No

How much of these debts are made up of reclaimable fees/charges?

 

Please let me know if you need more details.

[Bazooka Boo]

OK, first things first, I would check my credit file....

 

Once you have that then you can start...

 

Do you still bank with Lloyds?

 

Who/What did the last threat letter say?