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Compass debt company
Can you help have just found out my debt management company has gone under where do i go they havent finished the job and there is money in a account that is mine. What do i do so scared. thought i was getting my live back and now its gone to potTags: None -
Re: Compass debt company
She wasn't actually connected to Compass. She lost her seat in the election to Chris Williamson. -
Re: Compass debt company
Can you ask Chris Williamson M.P. to speak to Amanda Solloway M.P (Derby North) as to what has happened to the monies held in trust for Compass clients whe were paying in each month to en sure that thire debts were reduced and repaid?Leave a comment:
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Re: Compass debt company
Yes Compass Debt Solutions is in liquidation. You will need to contact the liquidator, Alan Simon of AABRS, telephone: 02084442000 Langley House Park Road, London. N2 8EY.Leave a comment:
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Re: Compass debt company
https://www.facebook.com/chriswillia...0171091889523/ is a video of Chris earlier in the week
Chris Williamson MP
6 hrs ·
Thank you to everyone who donated to help kick-start a campaign against rogue debt management companies. We reached our target in just three days! This money will pay for the victims of Compass to attend meetings together to start the campaign.
I asked a question in the House yesterday on this issue. Our campaign will be seeking justice for the victims of Compass as well as fighting to ensure legislation is put in place that prevents private companies exploiting those who's only crime is to suffer the issues of poverty that come with our broken society.
This is the FB group - it's set to private so you have to join - Compass Debt Counsellors Liquidation https://www.facebook.com/groups/1583378958574247/Leave a comment:
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Re: Compass debt company
Thank you. Could you post a link to the Facebook group please?Leave a comment:
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Re: Compass debt company
Just for those not in the Facebook Group there is a meeting with Derby North MP Chris Williamson on Sunday (in Derby) if any ex-Compass peeps want to come along. It's discussing a potential public inquiry.Leave a comment:
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Re: Compass debt company - FFS
Hi Rasping Olive - love the name!
I was in exactly the same boat following compass' "demise". I sent simple CCA letters (templates on here), and got a mixed bag of responses - CCAs cost £1 postal order. Well worth it. 3-4 of my creditors were unable to prove my debts and put my accounts "on hold". I have continued to pay them but I'm thinking that puts me in a better position for Full and Final Settlements (FFS) in the future. I've already had FFS offers from Lowells and Capital One.
I found that those creditors that haven't sold my debts on (except Capital One) were the most inflexible and seem not to want to offer FFS. Recently 3 of those have now sold my debts to Lowells which should make FFS easier in the future; these third (or fourth) party companies buy our debts very cheaply (allegedly at 10% to 30%) and therefore are more likely to accept low FFS payments. My advice is to keep paying and be patient. It's so much better than what Stepchange offered me - I understand most people have no problem with Stepchange but I must have got the miserable Stepchange advisor!
WingcoLeave a comment:
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Re: Compass debt company
Sorry Olive, I missed this yesterday, must have crossed posts.Originally posted by Raspingolive View Post
Now you have got over the initial panic and got your debts under control, yes I think it would be a good idea to start working through them checking their validity, how much is owed and so on.
You could write to them all asking for copies of the original agreements under the Consumer Credit Act, and also asking for details of the account, transactions made, and so on - you can say it is to check what happened under the DMP managed by Compass for now. If any refuse more detailed breakdowns of the amounts owed you could send subject access requests - but as these cost £10 each it's worth asking them for breakdowns first. Information gathering exercise for now, then you can consider what to deal with and how.Leave a comment:
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Re: Compass debt company
[QUOTE=Amethyst;702172]Can you do a pic of the letter? ( take off personal details before posting it up)[/Leave a comment:
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Re: Compass debt company
Can you do a pic of the letter? ( take off personal details before posting it up)Leave a comment:
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Re: Compass debt company
Sorry to be such a pain but I wondered if anyone could answer another question I have.
I was in my debt plan for so long that last year when myself & my husband became aware that compass had gone into liquidation, like everyone else we went into a panic!!! With the help of all of you kind people we did our own debt management plan & I now pay creditors what we can afford. I'm now wondering should I have sent a letter to all creditors asking for original agreements??? Our original debts have been sold on & on in some cases & im taking their word for what we owe??? Your probably thinking this is very foolish!!! Step change weren't very helpful. Apart from the above TSB letter that came out of the blue today for the last 6-8 months we have paid monthly cabot, Robinson way, cap quest etc. Any advice as always is very much appreciated 😊Leave a comment:
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Re: Compass debt company
I've just googled the number & I think it's a debt collection company Blair, Oliver & Scott?? and not TSB as they're making out??? I'm thinking of just ignoring this completely & filing this in the bin!!!
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I don't actually remember getting a file from the liquidators I'll check when I'm home but as far as I remember we only got the letter stating they'd gone into liquidation??
Thank you again though for your help everyone 😊Leave a comment:
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