can i get my cahoot debt written off due to hardship?

[namarie66]

I have a credit card with cahoot,

which I am trying to repay.

A financial company managed to freeze the interests and now I just repay the palance slowly as

im unemployed.

I have been quite unhappy with them as I have never received and letters from them more than

10 years I have been banking with them,

even dealing with repayments myself now, I try and call them and nobody seems to be able to help as

they have been bought by santander and have limited staff! I would really like to get this £5000 written off, any ideas?

[citizenB]

I have a credit card with cahoot,

which I am trying to repay.

A financial company managed to freeze the interests and now I just repay the palance slowly as

im unemployed.

I have been quite unhappy with them as I have never received and letters from them more than

10 years I have been banking with them,

even dealing with repayments myself now, I try and call them and nobody seems to be able to help as

they have been bought by santander and have limited staff! I would really like to get this £5000 written off, any ideas?

 

Do you own your own home ?

 

If so, it is most unlikely they will write the debt off. If you don't have any assets, then you might consider sending them the letter from the following link.

 

http://www.consumeractiongroup.co.uk/forum/showthread.php?387360-Ask-your-Creditor-to-Write-off-your-Debt-**Correct-as-at-October-2013**

 

Are there any charges or is there any mis sold PPI you could reclaim in order to reduce the outstanding balance ?

[namarie66]

I dont own a home,

also it is true that my health is very bad right now,

and I am being seen by psychologists and psychiatrists as I was

looking into ending my life from stress. of course I am

unemployed at the moment as my doctors have signed

me off from searching for work due to my health....

Does this letter really work?

[namarie66]

does this letter also work for bank accounts? my debt is £5000 on each account?

[namarie66]

and thank you so much for your reply! Best Wishes to you.

[citizenB]

I dont own a home,

also it is true that my health is very bad right now,

and I am being seen by psychologists and psychiatrists as I was

looking into ending my life from stress. of course I am

unemployed at the moment as my doctors have signed

me off from searching for work due to my health....

Does this letter really work?

 

I would imagine they factor in all kinds of things. When was the agreement first entered into - how much is owed - how long after you took out the agreement did you have the financial hiccup - how long is it likely to last ?

 

You don't own your own home, so there is little point in them trying to obtain a charging order. You aren't working, so an attachment of earnings is out of the question.

 

Your health is poor so you are unlikely to be working any time soon.

 

I understand lenders have written off debts where this no hope of every recouping their money.

 

I see no harm in trying, do you ?

[namarie66]

I have had my cahoot visa card for about 15 years, the last year I got into this financial mess!

definately no problem trying this letter, thanks CitizenB!

[dx100uk]

own thread created....

 

 

how you DMP is not a fee paying one?

 

 

dx