Hello, been reading loads but still unsure.

[labman]

Re: Hello, been reading loads but still unsure.

Out of interest, are you and your partner married? Were your debts run up when you were together or when you were single?

Is your partner aware of your debts?
I know this seems terribly personal, but it is relevant! :beagle:

[Malakai26]

Re: Hello, been reading loads but still unsure.

Labman

Out of interest, are you and your partner married? Were your debts run up when you were together or when you were single?

We are not married, the debts were run up prior to us getting together.
My partner is aware of the debts, usually due to me breaking down in tears every time a letter drops on the mat.

Flaming Parrot

Are these all loans and/or credit cards? Did you take them out before April 2007? If so, your first step would be to send a CCA request to all of them. Things are slightly different with overdrafts.

NRAM is a personal loan the other 2 are credit cards, I am sure that they are all pre April 2007. I forgot about the Nationwide overdraft, I am in that for £500 I just put the housekeeping in, it tops it up but then it depletes when the bills go out and so on every month.

[labman]

Re: Hello, been reading loads but still unsure.

Let's not rush things, I would suggest sending out the CCA requests before doing anything else, then, depending on what they come back with, you should be able to make an informed decision.

When I suggested completing the I&E form, I was thinking more about getting some immediate relief for the OP in terms of proving what they can afford to pay. I think you are possibly thinking I'm suggesting a long term DMP - this couldn't be agreed yet, as the debts need checking; this would only be temporary to cover the immediate issue, and we need to see the agreement even then - this is the obvious first step to my mind as the OP has the agreement there and ready.:beagle:

I agree sending CCA requests is a sensible way forward, but being proactive in stalling them in the meantime makes sense to me. Depending on what comes back from the CCA requests will obviously dictate the options available to the OP so they can, as you say, make an informed decision.

[Tools]

Re: Hello, been reading loads but still unsure.

Just a quickie, are you up to date on your mortgage and council tax payments?

[labman]

Re: Hello, been reading loads but still unsure.

Labman

Out of interest, are you and your partner married? Were your debts run up when you were together or when you were single?

We are not married, the debts were run up prior to us getting together.
My partner is aware of the debts, usually due to me breaking down in tears every time a letter drops on the mat.

If it's any comfort, lots of us have been there. At one stage, things were so bad with me I was leaving the house at 6am every morning to avoid the postman, and being literally physically sick when I had to go home out of sheer fear.

I now know that a DCA who does not own a debt can do very little other than send threatening letters - if you don't know that, you've gone to court in your own mind and been thrown into jail for five years. Being in debt is not a crime. It is a civil isswue, NOT a criminal one and is certainly nothing to be ashamed of. There is always a solution of one sort or another, so don't worry - easier said than done, I know.

Flaming Parrot

Are these all loans and/or credit cards? Did you take them out before April 2007? If so, your first step would be to send a CCA request to all of them. Things are slightly different with overdrafts.

NRAM is a personal loan the other 2 are credit cards, I am sure that they are all pre April 2007. I forgot about the Nationwide overdraft, I am in that for £500 I just put the housekeeping in, it tops it up but then it depletes when the bills go out and so on every month.

That is EXCELLENT news! It will be VERY interesting to see the agreements then.

[Malakai26]

Re: Hello, been reading loads but still unsure.

Yes I have not missed any of these payments, although I have had Direct Debits refused due to low money in account for my Council Tax, but I have paid them as soon as I could going down to the office in person and I am up to date on all the essential payments. This is down to reading on here about the need to keep on top of them.

[labman]

Re: Hello, been reading loads but still unsure.

That's really good. as long as you keep on top of your mortgage/rent, CTax, gas, electricity, HP agreements, court fines and any secured loans, then you've covered ALL priority debts. The rest are compatively insignificant, even if it doesn't feel like it at the moment. You'll notice water is missing - water is no longer considered a priority debt as they can't cut you off (well, not at all easily).

[Tools]

Re: Hello, been reading loads but still unsure.

Brilliant thank you, just wanted to make sure you were prioritising.

If the bank is pretty much swallowing up your money, you could try opening up another account for example a post office account. I know this would leave you with the overdraft to pay off but you may still be able to agree paying that off at a reduced manageable amount too. As Flaming Parrot and Labman have pointed out, the majority of us on here have been in deep doodah at some point, hit rock bottom, then shared the problem and received excellent advise. Just knowing you aren`t alone is a big weight off your shoulders and can help put things in perspective when it feels like everything is caving in around you.

Deal with everything at once if you can and you may then see the light at the end of the tunnel, I`ve been there, to the tune of about 25K and now am debt free thanks to the help of everyone, it can be done.

[Malakai26]

Re: Hello, been reading loads but still unsure.

So to get this straight in my mind, the best thing I can do is send CCA requests to all my creditors and continue paying the token payments as I have been doing, Is that right?

Who would I send the CCA request to concerning the NRAM loan? They sent a letter today saying that my loan is included in a portfolio of unsecured personal loans that they have agreed to sell and transfer to MARLIN EUROPE V LIMITED on the 28th October 2013 when the legal title will become complete.

It is so confusing when they keep selling and transferring them.

I am so grateful for the help and support on here, I was devastated earlier on. I was like what now, what can I do now to stop them from adding ridiculous amounts of interest and charges that will probably take me the rest of my life to pay off and the threatening letters will be starting again now they have provided the CCA. So thank you all again for helping me, I know exactly how you must have felt Labman thanks for sharing it somehow makes it easier to know you are not alone.

Regarding the PPI should I write to MBNA requesting a refund? or leave it for now.

[labman]

Re: Hello, been reading loads but still unsure.

I owed about 4x what Tools owed, had DCA's, bailiffs, lost my house, everything. I'm still here, still smiling most of the time. It happens.

What should you do?

1. Post up the agreement you have got and anything that came with it

2. Send off CCA requests.

3. Complete the I&E linked from National Debtline.

4. Pour yourself a nice glass of wine, sit back and enjoy it knowing you're doing something about things now. Every journey starts with a footstep - you've taken several tonight, and that is an achievement worth celebrating. Seriously, the hardest part is admitting there's a problem, so well done, you should feel proud of yourself.

[FlamingParrot]

Re: Hello, been reading loads but still unsure.

Flaming Parrot

Are these all loans and/or credit cards? Did you take them out before April 2007? If so, your first step would be to send a CCA request to all of them. Things are slightly different with overdrafts.

NRAM is a personal loan the other 2 are credit cards, I am sure that they are all pre April 2007. I forgot about the Nationwide overdraft, I am in that for £500 I just put the housekeeping in, it tops it up but then it depletes when the bills go out and so on every month.

Slightly off-topic, when you want to quote, click the icon highlighted in red to insert [QUOTE] tags around the text you wish to quote rather than the <> icon which inserts [HTML] tags. :nerd: :nerd:

[FlamingParrot]

Re: Hello, been reading loads but still unsure.

So to get this straight in my mind, the best thing I can do is send CCA requests to all my creditors and continue paying the token payments as I have been doing, Is that right?

Yes, that's right, keep making the payments till we know what sort of paperwork they hold. :thumb:

Who would I send the CCA request to concerning the NRAM loan? They sent a letter today saying that my loan is included in a portfolio of unsecured personal loans that they have agreed to sell and transfer to MARLIN EUROPE V LIMITED on the 28th October 2013 when the legal title will become complete.

I'd be sending it to Marlin, they'll have the duty to obtain the documents from NRAM.

I am so grateful for the help and support on here, I was devastated earlier on. I was like what now, what can I do now to stop them from adding ridiculous amounts of interest and charges that will probably take me the rest of my life to pay off and the threatening letters will be starting again now they have provided the CCA. So thank you all again for helping me, I know exactly how you must have felt Labman thanks for sharing it somehow makes it easier to know you are not alone.

You are definitely not alone, I remember when MBNA kept asking interest at a whooping 36% for 6 months after I stopped paying and kept ringing non-stop, including Sundays and Bank Holidays. They never found the agreement so I never paid them a penny and all that interest became academic, as not paying £6k = not paying £8k! :grin: :grin: :grin:

Regarding the PPI should I write to MBNA requesting a refund? or leave it for now.

The first step is to get an idea of how much PPI you may have paid to see what impact a refund could have on the balance. You'll need to get hold of your statements and, unless you have an excellent filing system, sending a SAR to obtain them is usually the first step, bearing in mind they have 40 days to respond, as opposed to 14 days to respond to a CCA request. There are others here who specialise in PPI. :yo:

[Malakai26]

Re: Hello, been reading loads but still unsure.

Thanks Flaming Parrot, I kept wondering why it was coming up weirdly when I was trying to quote also thank you for the added information.

We scanned the contract, then printed it and then I blacked out the identifying stuff. Scanned the blackout pages again just checked it before posting and for some reason you can still make out the personal information. So I will try again tomorrow to black it out better and to get it uploaded.

Just wanted to let you all know that I haven't forgotten just cocked up

[labman]

Re: Hello, been reading loads but still unsure.

Sometimes it's easier to cover up with paper and photo on a mobile then upload. I don't know why, but attachments often have to be removed as you can still see personal details underneath. Either paper and photo it, or I sometimes just use 'Paint' which seems to work OK.

[PlanB]

Re: Hello, been reading loads but still unsure.

Who would I send the CCA request to concerning the NRAM loan? They sent a letter today saying that my loan is included in a portfolio of unsecured personal loans that they have agreed to sell and transfer to MARLIN EUROPE V LIMITED on the 28th October 2013 when the legal title will become complete.

I would wait until Marlin write to you before sending that CCA. The debt hasn't been sold to them yet (due to be on 28th October).

But more interesting is the fact that NRAM are in the process of paying £270 million in compensation to borrowers for overcharged interest on masses of their personal loans and yours could be one. Read this and then post back later if you think it may apply to you:

http://www.bbc.co.uk/news/business-20754265

Is your first mortgage also with NRAM and if so was it one of the *Together* mortgages (secured loan plus unsecured loan)?