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Hi All,
I am after some advice on dealing with the following:-
In 1996 I took out a Credit card with MBNA, Over the years the credit limit grew quite large and I mistakinley used it to its full potental as I had a good job and could cope easily with the repayments.
At the beginning of 2006, My circumstances changed unexpectidly and i was unable to cover the minimum payments for a debt of almost £12.500 , I struggled paying what I could for about 6 months and then had to stop paying altogether due to priority debts being more important.
I got chased for money for about 3 months and didnt hear nothing from them after this.
At the beginning of last year (2010), i started getting letters from a company called Equidebt saying that I owed £15.800 for an old MBNA debt, I did not reply to the letters as I had no disposable income to offer any repayments.
In about September of last year, letters started coming from their Solicitors on behalf of Equidebt, I decided to send them a CCA request to see if they had a copy of my original agreement.
They responded to the CCA request (3 Months later) in December 2010 saying they enclosed a copy of the legally documents, but all they had sent me was a copy of my original Credit Card Application form from MBNA which i completed in 1996, they had also enclosed a seperate page of terms and conditions which is hardly readable and does not include my details in the customers name / address section.
The Solicitors have now just written again saying that they have commenced county court proceedings and that i will get a claim form through very shortly, They have asked me to make an offer of repayment on it and to return it to them, failure to do so they will go for a CCJ, which i am dreading !!!!
My questions are:-
Is the Application form they have sent for my CCA request likely to be enforcable ??
Am i able to challenge the amount they are claiming is wrong, as it is £3000 more and must be made up of interest and penalty charges on the old account ??
At this late stage, am I able to look at getting the PPI reclaimed back on this account, It was added when i took the card out Automatically and i was never asked if i wanted it (not even detailed on application form) ?? Missold I Guess.
I am not trying to avoid paying this account, just looking for advice on how to deal with it and possibly reduce the amount owed (by claiming back charges / PPI).
Any URGENT advice would be appreciated as Im really worrying over this and the claim form will arrive any day now.
I am after some advice on dealing with the following:-
In 1996 I took out a Credit card with MBNA, Over the years the credit limit grew quite large and I mistakinley used it to its full potental as I had a good job and could cope easily with the repayments.
At the beginning of 2006, My circumstances changed unexpectidly and i was unable to cover the minimum payments for a debt of almost £12.500 , I struggled paying what I could for about 6 months and then had to stop paying altogether due to priority debts being more important.
I got chased for money for about 3 months and didnt hear nothing from them after this.
At the beginning of last year (2010), i started getting letters from a company called Equidebt saying that I owed £15.800 for an old MBNA debt, I did not reply to the letters as I had no disposable income to offer any repayments.
In about September of last year, letters started coming from their Solicitors on behalf of Equidebt, I decided to send them a CCA request to see if they had a copy of my original agreement.
They responded to the CCA request (3 Months later) in December 2010 saying they enclosed a copy of the legally documents, but all they had sent me was a copy of my original Credit Card Application form from MBNA which i completed in 1996, they had also enclosed a seperate page of terms and conditions which is hardly readable and does not include my details in the customers name / address section.
The Solicitors have now just written again saying that they have commenced county court proceedings and that i will get a claim form through very shortly, They have asked me to make an offer of repayment on it and to return it to them, failure to do so they will go for a CCJ, which i am dreading !!!!
My questions are:-
Is the Application form they have sent for my CCA request likely to be enforcable ??
Am i able to challenge the amount they are claiming is wrong, as it is £3000 more and must be made up of interest and penalty charges on the old account ??
At this late stage, am I able to look at getting the PPI reclaimed back on this account, It was added when i took the card out Automatically and i was never asked if i wanted it (not even detailed on application form) ?? Missold I Guess.
I am not trying to avoid paying this account, just looking for advice on how to deal with it and possibly reduce the amount owed (by claiming back charges / PPI).
Any URGENT advice would be appreciated as Im really worrying over this and the claim form will arrive any day now.
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