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Please can anyone offer some advise here:
I have a failed IVA from March 2019. I've heard nothing from any creditors until last week, I received 3 seperate claim forms. Claimant is Cabot and claims are being dealt with by Mortimer Clarke Solicitors.
The total of all 3 debts comes to £9700, I contacted Mortimer Clarke to see if I could enter into a payment plan with them in order to prevent being issued CCJS. The best they said they could offer me was 5 payments of £1940 monthly. I don't even earn this much a month, and have rent, other bills and a child (single mother). They informed me that my only option is to admit the claim and make an offer of how much I can pay each month and the court would still issue a CCJ for each claim.
I have worked so hard over the last few years to get my credit into a good place and now I'm absolutely devastated this could completely ruin my credit score for a further 6 years.
I also know this is my own fault and was a risk that came from having a failed IVA
I'd be really grateful for any support or information of how I can deal with this with ruining my credit rating all over again.
Also, does anyone know if it would be worth my while requesting CCA's for these 3 debts? 2 of them are JD Williams Fashion World and the other one is Aqua credit card. All 3 accounts were opened in 2016, they defaulted and were sold to Cabot in 2017/2018. I then entered into an IVA in March 2019 which then failed a few months later.
Due to me entering into the IVA, would it still mean if Cabot are unable to provide me with the CCA's that these debts are unenforceable?
TIA
I have a failed IVA from March 2019. I've heard nothing from any creditors until last week, I received 3 seperate claim forms. Claimant is Cabot and claims are being dealt with by Mortimer Clarke Solicitors.
The total of all 3 debts comes to £9700, I contacted Mortimer Clarke to see if I could enter into a payment plan with them in order to prevent being issued CCJS. The best they said they could offer me was 5 payments of £1940 monthly. I don't even earn this much a month, and have rent, other bills and a child (single mother). They informed me that my only option is to admit the claim and make an offer of how much I can pay each month and the court would still issue a CCJ for each claim.
I have worked so hard over the last few years to get my credit into a good place and now I'm absolutely devastated this could completely ruin my credit score for a further 6 years.
I also know this is my own fault and was a risk that came from having a failed IVA
I'd be really grateful for any support or information of how I can deal with this with ruining my credit rating all over again.
Also, does anyone know if it would be worth my while requesting CCA's for these 3 debts? 2 of them are JD Williams Fashion World and the other one is Aqua credit card. All 3 accounts were opened in 2016, they defaulted and were sold to Cabot in 2017/2018. I then entered into an IVA in March 2019 which then failed a few months later.
Due to me entering into the IVA, would it still mean if Cabot are unable to provide me with the CCA's that these debts are unenforceable?
TIA