Using three lions chambers DMP

[Francis1945]

Hi

I recently contacted a firm of barristers to consolidate and help me get rid of my debts.

 

However I'm not sure I've done right thing

I'm paying 85Pound a month for 2 years

at the end of which I will continue to pay a bit less.

 

I'm not sure where all my money goes as I didn't fully understand.

Would I have rights to cancel with them

 

 As I'm still getting letters from creditors and have to explain that I have TLC acting for me.

[BankFodder]

You'll have to tell us a lot more about your debts and who TLC is and what the deal is.

[Francis1945]

My debt was in total £5000

I saw advert saying write off debts government backed.

 

I entered into contract and pay £85 a month for 2 years then after that was told it would be less.

 

I think three lions chambers takes fee but not sure.

 

I still keep getting letters from my creditors asking for payments.

 

I dont know if I can cancel with them they are barristers based in Birmingham. 

[honeybee13]

Hi.

 

Are you able to post a link to the advert you saw please?

 

HB

[dx100uk]

dump then do it yourself!

and I bet they didn't even bother to check the enforceability of the debt either!!

 

list them please

dx

 

 

[Francis1945]

3 hours ago, honeybee13 said:

Hi.

Are you able to post a link to the advert you saw please?

No it was an advert saying write off your debts legally while I was browsing internet.

There on all the time sorry

How do I do it myself haven't circa clue

[Francis1945]

On 05/12/2018 at 17:31, merlin100 said:

Hi guys, nice to be here again.

Just after some advice because I smell a rat!

 

A family member is looking to enter a DMP.

He’s found the above firm online and approached them.

 

They purport to be a firm of lawyers/barristers and are relatively new so there’s not a lot of information on the internet about them. However, I’m extremely dubious regarding their methods, this is what they’ve told him so far-

 

In the first instance he stops paying his debts now and they give him a reference number to quote when the phone calls start.

 

He will pay nothing to his creditors for the next 12 months but he will pay a £120 per month fee to them while they approach his creditors.

 

They also talk a lot about challenging contracts, interest rates, irresponsible lending etc, but nothing initially about debt management.

 

After the 12 months has elapsed, they then consider his/their position regarding any successes of freezing interest, debt write-off, lowered payments etc and decide a way forward that “could” result in a debt management plan.

 

oh yes, he was also told on the phone that they could “almost” guarantee that 80% of his debts would be written off.

 

Now I know you are all going to say that this is one big s*@m, and I totally agree with that. But I would like to hear any thoughts on this as to be honest, I’ve never heard of anything like this before so any experiences would be gratefully received.

Thanks all

I am using these atm and dont know if I've made right choice. Dont know if I can come out of contract with them do you have any advice please

[Andyorch]

https://www.consumeractiongroup.co.uk/topic/414025-three-lions-chambers-birmingham/

 

3LC  not TLC

 

https://www.threelionschambers.co.uk/terms-conditions.php

 

Regards

Andy

 

 

 

[dx100uk]

very easy to do it yourself..we'll help

write to them CANCEL the DMP.

 

can you list your debts please

 

original creditor

what type of credit

when taken out

outstanding balance

defaulted date from your credit file

whom you pay now

 

……………...

 

post moved to your own topic

thread title updated

 

 

[Francis1945]

Apparently l could only cancel within 24 days. I've being paying since February this year. So dont think I can get out of this contract with this barrister. I've just emailed him asking how much the fee is and how much going off my debts thanks

Sorry that should read 14 days

[honeybee13]

What have you signed with them?

 

HB

[Francis1945]

A contract of authority it was one sent to my phone not paper one was quite lengthy to read

[honeybee13]

And was there a way to sign this contract?

 

HB

[Francis1945]

Had to do signature on phone 

[dx100uk]

just stop paying as simple as that.

whatever it is will fail.

nothing they can comeback to you upon.

dx

 

[Francis1945]

I cant they are barristers I'm tied in with them it's ok I've been in touch with them. I pay them monthly and they get 85% debts written off hopefully. Thanks for your advice. Its early days yet only been cosying since Feb 19

[dx100uk]

rubbish!!

 

what have you signed up to?

a DMP?

an IVA?

 

either way only a court can compel you to continue

stop talking to them..DUMP THEM!!

[Francis1945]

Its neither they look into getting my debts reduced. I have employed them apparently and they look at getting rid of my debts for me .I cant send email to you as an attachment. Sorry 

[dx100uk]

cover the email to PDF

read upload

 

dx

 

[fkofilee]

Its an IVA thats been signed and agreed. But i find it strange it is only 2 years? Unless thats due to the amount?

Is there any documentation you can post up minus info?

[dx100uk]

Who are the companies you are paying through 'whatever ' it is ..name them please..

 

bet they are DCA's not the original creditors...

you are being had blind

and the barrister is getting his cut too

on debt you most probably dont even owe!!

 

Dx

[merlin100]

Hi Francis,

sorry Ive only just seen this but Ill tell you what has happened to date.

 

As Ive already said,

my son began paying £120 a month to them with very little understanding of what they were supposed to be doing other than some vague promise of having some of his debts written off in the near future.

 

At that time there were also vague promises of some sort of DMP being set up after 12 months of him paying this money but nothing was ever put into writing - it was always promises by phone calls.

 

He had 9 separate creditors amounting to around £9000.

After 5 months only 4 of the creditors were willing to deal with 3 Lions,

the others wouldn't recognise them as a debt management firm and were constantly calling him and sending the usual threatening letters.

 

Once we got to the bottom of it,

it turned out that the £120 a month for the first 12 months was just a fee they charged to look into his contracts and see if they could be voided in some way.

 

But after that 12 months had passed,

they were not very forthcoming on whether a DMP or other form of debt management plan would be put into place. It didn't fill me with much confidence.

All they ever told him when he rang was not to worry, they were sorting it!

 

Luckily, in their original contract (then), the option to cancel at any time was available which I also thought a little strange coming from a team of barristers.

 

We cancelled the contract but by this time some of his creditors were threatening court action so we got in touch with Stepchange.

They were pretty good and acted swiftly.

All his creditors had to accept them, the letters and threats finally stopped.

 

Although he was only around £9000 in debt, he was paying just over £1100 each month out.

Stepchange reduced it to £247 a month.

 

Lesson learned!

[dx100uk]

and now sent everyone paid through step change a CCA request

those that fail the 12+2 working days deadline

you cease payment too.

[merlin100]

Thanks for the advice dx, that's coming next because some of them are dubious loan companies.

[ConfidentialInformation100]

I think they've now gone bump.  Ray Austin Williams (Barrister) resigned earlier this year (see Companies House).  WebSite gone too.

 

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