Compass debt company

[Raspingolive]

Re: Compass debt company

Bit of a silly question but if I am doing my own DMP, shall I just create a reference number for ourselves. Someone on here kindly directed me to a good template, just wondered about the personal reference number bit if that makes sense??
Many Thanks

[Raspingolive]

Re: Compass debt company

This is amazing, many thanks for all the help you have provided. My creditors are similar to most others: Robinson Way, CapQuest, Clarity, Cabot Finance, Restons solicitors, Westcot, Moorcroft, & 1st Credit, we have 1 creditor that is the original which is RBS.
Im starting to write the CCA letters today & hoping to get some response soon, fingers crossed.
Again thank you so very much for all the amazing work you do.

[Gilltheblackcat]

Re: Compass debt company

Similar sal. I really was umming and arring about getting my pot out when I got the call to say f&fs where being sorted. I just thank God I'm not screwed over for the £20k others report.

Amethysist, wescott also use scottcall I think, I seem to remember that one of my debts passed through them to hoist and Robinson way.

Do these people sell the debts for 10% to each other, or just share books? Some of mine were passed four or five times....

[sal77]

Re: Compass debt company

Yes the 5k was my pot - totally gutted that these were not paid

[Amethyst]

Re: Compass debt company

Rob Way and Cabot you could likely get a decent settlement on ( potentially a reduced settlement payable by installment). Westcot I don't know much about, as far as I am aware of them they are 'middle men' and will assign the debt elsewhere if it's not being paid - I'll have a look tmw for other stuff on here about them.

[Gilltheblackcat]

Re: Compass debt company

I owe the following:
Wescot £2,458.53
Cabot £338.17
Robinson Way £280.79

because of Compass - the £5,000+ they have stolen from me & now the money I have to find again to pay off my debts. ,

is that 5k your 'pot'…?

That's more than you owe? I had roughly similar to what I owe in mine....

[sal77]

Re: Compass debt company

Hi Amethyst

I owe the following:
Wescot £2,458.53
Cabot £338.17
Robinson Way £280.79

I have been paying these creditors since 2006 with Compass.

Thank u so much for your help, it's very much appreciated.

[Wingco]

Re: Compass debt company

I know this sounds really nosey, but would you be able to send me copies (admin@legalbeagles.info ) - I'm more than happy for you to redact your personal info off first - I'd just like to have a look at the calculations and how these IE sheets were worded. Is any account taken of the 'savings pot' at all in the IE?

Hi Amethyst
I'm not sure I kept my refreshed Compass I&E (requested late 2015) or original I&E (Jan 2014) but I will give you an updated version if that helps?
It didn't seem important at the time - but like all paperwork, you never realise how important things are until you need them.
I can recall the Compass Rep suggesting some figures for my weekly/monthly expenditure and then later saying, "Don't worry about that - it won't help." E.G. I have a small annuity every December and he excluded that from my income!!!!! I had a few hundred in savings too which he also chose to ignore; I call it my 'pot' for F&FS.
Wingco
When I submitted my refreshed figures, I added them in because my business income has reduced even further since Jan 2014. Even so, it's hard to see how he got down to £300 per month. But as my interest alone on my debts was well over £2000 per month, I was happy to go along with his 'assessments'. I've only used accurate figures since as it just isn't worth getting caught out. It has to be better than an IVA or Bankruptcy for me.

[Wingco]

Re: Compass debt company

Those ones still with original creditors (halifax and cap one) - have the accounts actually been defaulted or stuck on AP on your credit file for the last few years while you were with Compass ?

I know you've done all the CCA requests - did you also ask for full statements of the accounts as well ?

Celestine - I forgot NCO Europe; there are so many of them!!!

Wingco

[Wingco]

Re: Compass debt company

Aww bless your heart, that has to be done manually and I'd rather you waited until your finances were back on track ( same goes for everyone!!!)

However if you want to you can donate direct through paypal ( info@legalbeagles.info ) or by bank transfer to the bank account details on the Join VIP link and let me know and I'll sort the other bit out this end xxx The thought is very much appreciated xxxxx

That could take 40 years - I might not live that long!!!!! Just upgraded - will email you at admin@legalbeagles.info

[Wingco]

Re: Compass debt company

Aww bless your heart, that has to be done manually and I'd rather you waited until your finances were back on track ( same goes for everyone!!!)

However if you want to you can donate direct through paypal ( info@legalbeagles.info ) or by bank transfer to the bank account details on the Join VIP link and let me know and I'll sort the other bit out this end xxx The thought is very much appreciated xxxxx

I think we are delighted for the 'free' help we get from you guys.

I'm going to raid my biscuit tin for some pennies to pay you.

Wingco

[Amethyst]

Re: Compass debt company

Phew ! Good stuff Unusual for them to keep hold of it for so long, but as on an arrangement maybe it worked out better for them. Suspect they will be sold on if the AP isn't re-set up again.

[Wingco]

Re: Compass debt company

Those ones still with original creditors (halifax and cap one) - have the accounts actually been defaulted or stuck on AP on your credit file for the last few years while you were with Compass ?

I know you've done all the CCA requests - did you also ask for full statements of the accounts as well ?

All CCs were defaulted.

Wingco

[Amethyst]

Re: Compass debt company

Aww bless your heart, that has to be done manually and I'd rather you waited until your finances were back on track ( same goes for everyone!!!)

However if you want to you can donate direct through paypal ( info@legalbeagles.info ) or by bank transfer to the bank account details on the Join VIP link and let me know and I'll sort the other bit out this end xxx The thought is very much appreciated xxxxx

[Wingco]

Re: Compass debt company

Those ones still with original creditors (halifax and cap one) - have the accounts actually been defaulted or stuck on AP on your credit file for the last few years while you were with Compass ?

I know you've done all the CCA requests - did you also ask for full statements of the accounts as well ?

I've asked all of my creditors except LLoyds (CCs and Overdrafts) for statements of my balances - none received yet - I'm going to chase on my return from France. P$&sing with rain here today