TSB Default Notice

[diaz1970]

Hi,

 

I have become disabled and as such my income dropped from about 70k a year to 40k over the past couple of years, I had various periods of 6 months of work with no income due to my disability and i had been diagnosed with Depression and ADHD.

 

I contacted Stepchange and have a case number, and it suggested with IVA or Bankruptcy.

 

My overall debts are over 40k

 

I am trying to put in place a DMP with my creditors as an interim measure for 12 months to see if I can improve my income level.

 

I contacted TSB on 25th July and spoke a representative (i took details of the call) on the telephone to explain the situation and they agreed not to send me anything for 30 days, I sent the letter to the collections address with a financial statement, history statement and offer to pay TSB an an amount that would cover the interest on a personal loan that is currently just over 3k. I have paid back over 4k on the original loan.

 

I received a letter dated 2nd August on Saturday registering the debt as a default as I have missed two payments, what do I do now? I thought that TSB would give me an opportunity to use the DMP as a short term solution without registering a default.

 

What are my options, thanks for everyones help.

[dx100uk]

You'll get lots of those sadly

And if you DMP or iva or bk

That will be there for 6yrs as well as a default on each debt

The day it starts

So early defaults are actually to you an advantage!!

 

Can you list your debts and who you pay?