Capquest

[MIKE770]

last payment date & acknowledgement??

[digitalise]

last payment date & acknowledgement??

Last payment date to who? Capquest, that would be about the 28th march 2020, MBNA would have to go back and find out,
acknowledgement? not sure what you mean..

[Celestine]

Hi all. The debt is not time barred due to recent payments unless there was a period of time where you did not pay or acknowledge for a six years.
The agreement all looks ok, they often are of that age weirdly.
Mike and Archie are correct that Capquest cannot force you to fill in the form, only a court can do that, BUT as you are on a long term repayment plan, they are trying to make sure that a) it is affordable to you and b) could you pay it off any quicker?
If they believe you are not cooperating, sitting on a very low payment plan, they may well decide to escalate it to a legal claim, I have seen many examples of this unfortunately.
As far as I know, the form has to cover all household income, not just yours alone.

[digitalise]

Celestine

Hi all. The debt is not time barred due to recent payments unless there was a period of time where you did not pay or acknowledge for a six years.
The agreement all looks ok, they often are of that age weirdly.
Mike and Archie are correct that Capquest cannot force you to fill in the form, only a court can do that, BUT as you are on a long term repayment plan, they are trying to make sure that a) it is affordable to you and b) could you pay it off any quicker?
If they believe you are not cooperating, sitting on a very low payment plan, they may well decide to escalate it to a legal claim, I have seen many examples of this unfortunately.
As far as I know, the form has to cover all household income, not just yours alone.

Thank you Celestine, could you answer these questions for me please.

1. Do you know if capquest ask to see your bank statements and partners wage slips?

2. Pip payments as far as I am aware are not allowed to contribute towards debt, So do I need to declare that I receive PIP?

3 The agreement to pay capquest was agreed on the 30th September 2019, I never filled in the income and expenditure form then because they only said "They would be grateful" If I sent it in, now after 6 months they are requesting it again, I thought they did it yearly?

4. My son has lent me some money, would capquest have priority over that?

5. I have a life insurance policy for 50k that costs 134 a month,it is expensive because of my health, but it will pay all my debts when I die, could capquest make me cancel that to get the monthly premiums, I have had this policy for 10 years but it is on life only, if its cancelled because I have to pay to capquest instead there is no return of any money. My wife also has the same at 44 a month, so if either of us died there would be money to pay capquest, my wife works on the covid positive ward at hospital where there has been a larger than average positive testing from the staff and she could easily bring it home which would be the end of me.

6.Do you know how much capquest allow you to live on?

7. on the form where it says "other creditors" If I have to put in my wife income in, then can I put her debt into the other creditors and include her monthly costs

Many many thanks for your help!

[digitalise]

Celestine

[Celestine]

Hi Digitalise
No, Capquest wont be able to see bank statements or payslips. Life insurance payments will continue and be entered into your outgoings column.
You should declare all incoming money to the home and all outgoings. Yes you can include your wife's creditors also.