I am needing urgent advice please
I have 2 old Hsbc debts that I have left ignored for the past 2 years.
one is for a cc of £4163.94 and the other states an overdraft but I'm certain it was a personal loan that is for £6931.43.
I think these were taken in 2006, when I went into my local branch to ask for an overdraft and then left after being thrown all this available credit to me. (Stupid I know, I had just split from my partner and was struggling financially with my children)
I entered a dmp with Pentagon which I stopped paying nearly 2 years ago and nothing since. The debt was then passed to Arrow Global and I have just stupidly ignored calls and letters hoping they would go away.
Today I have received the same letter for each debt from Reston Solicitors saying that they are instructed to issue court proceedings against me and the purpose of the letter is to explain the position to me and to suggest a possible way that legal action can be avoided. Attached is expenditure forms. I am currently pastime self employed so my maximum I could pay back is £50 on each per month.
I do not want to run and hide anymore and would like some advise on what to do. Also I am sure I have added ppi to both of these as I received a letter from Hsbc saying it may have been applied wrongly.
Please help as I am really worried.
can someone please kindly advise what my next steps are
I have 2 old Hsbc debts that I have left ignored for the past 2 years.
one is for a cc of £4163.94 and the other states an overdraft but I'm certain it was a personal loan that is for £6931.43.
I think these were taken in 2006, when I went into my local branch to ask for an overdraft and then left after being thrown all this available credit to me. (Stupid I know, I had just split from my partner and was struggling financially with my children)
I entered a dmp with Pentagon which I stopped paying nearly 2 years ago and nothing since. The debt was then passed to Arrow Global and I have just stupidly ignored calls and letters hoping they would go away.
Today I have received the same letter for each debt from Reston Solicitors saying that they are instructed to issue court proceedings against me and the purpose of the letter is to explain the position to me and to suggest a possible way that legal action can be avoided. Attached is expenditure forms. I am currently pastime self employed so my maximum I could pay back is £50 on each per month.
I do not want to run and hide anymore and would like some advise on what to do. Also I am sure I have added ppi to both of these as I received a letter from Hsbc saying it may have been applied wrongly.
Please help as I am really worried.
can someone please kindly advise what my next steps are
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