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Hello,
I know that I will be repeating questions asked many times already here, but I am baboozled by all the different situations and answers and I guess each thread is very specific to each case, so forgive me for opening a new thread for some advice.
I have received a Pre Legal Assessment letter from Hoist Finance for a Halifax overdraft debt of just under £5000. This is from some years ago when my financial situation was not great, but it does not reach statue barred status until December next year - I have checked my credit report with all the major agencies. I have not acknowledged the debt or contacted Halifax or Hoist (or any of the other DCAs that it may have gone to originally). To be honest I haven't heard much from them until this letter, but I guess they will follow-up and pass it to their solicitors Howard Cohen if I don't do anything.
Should I hold my hands up and see if I can set up a payment plan with Hoist, or is there a way to pursue it right now, or should I wait for something to happen? They threaten further charges that could result from allowing it to go to their solicitor but I guess everyone gets this eventually and it is par for the course?
My sincere thanks for any advice or direction you can offer.
I know that I will be repeating questions asked many times already here, but I am baboozled by all the different situations and answers and I guess each thread is very specific to each case, so forgive me for opening a new thread for some advice.
I have received a Pre Legal Assessment letter from Hoist Finance for a Halifax overdraft debt of just under £5000. This is from some years ago when my financial situation was not great, but it does not reach statue barred status until December next year - I have checked my credit report with all the major agencies. I have not acknowledged the debt or contacted Halifax or Hoist (or any of the other DCAs that it may have gone to originally). To be honest I haven't heard much from them until this letter, but I guess they will follow-up and pass it to their solicitors Howard Cohen if I don't do anything.
Should I hold my hands up and see if I can set up a payment plan with Hoist, or is there a way to pursue it right now, or should I wait for something to happen? They threaten further charges that could result from allowing it to go to their solicitor but I guess everyone gets this eventually and it is par for the course?
My sincere thanks for any advice or direction you can offer.
