best way to go after bournes

[libra1970]

Hi I would like some help knowing best way to go after bournes.?

[enaid]

Re: best way to go after bournes

Well we need to know about your debts, if you can list them, who to, how much.
When we get a better picture there maybe ways to help you sort them or maybe it will be that a DMP is the best way.
Until we get a full picture we wont know.

[Kati]

Re: best way to go after bournes

I agree with enaid ...
1, How much money had you paid to Bournes??
2, Was it for a 'full and final' settlement or monthly payments??
3, How many creditors did/do you have??
4, How much has Bournes paid them for you??
5, When did they (Bournes) stop forwarding payments to your creditors??

If you give us as much detail as you can, we will be able to advise you easier/better :tinysmile_twink_t2:

Kati x

[libra1970]

Re: best way to go after bournes

Arrow Global- £299
Cabot financial - £1505
Creation - £346, £1194, £1210 they have put a charge on my house for the £1194
Barclay card- £1780
Moorgate - £260, £430
Rbs - £2194, £12,045, £344
Freemans - £1147

[enaid]

Re: best way to go after bournes

Have you reclaimed or claimed on any PPI?

[libra1970]

Re: best way to go after bournes

I paid £300 per month but they didn't pay my creditors who didn't freeze interest and when they did agree I was lucky if they paid them. Before bournes i was with step change paying £526. I used to get an email statement saying who had been paid but not had one since about july.

[libra1970]

Re: best way to go after bournes

No as I understood bournesbwas supposed to be dealing with it.

[Nibbler]

Re: best way to go after bournes

Is there any equity in your house? If so how much, and is it jointly owned?

£300 represents your current monthly surplus income then?

Can you give us approximate dates that each credit agreement was first taken out please? Especially the ones with DCAs.

[Kati]

Re: best way to go after bournes

You need to contact your creditors and find out when they received the last payment from Bournes in relation to your debts. Inform your creditors that Bournes have gone into administration - they should agree to put things on hold while you are sorting out a new DMP

[libra1970]

Re: best way to go after bournes

My surplus was £300 until my tax credit went down and the house is not an option as my ex wants to sell it.
And I am sorry to sound thick but what is DCA?

[Kati]

Re: best way to go after bournes

DCA = Debt Collection Agency

[libra1970]

Re: best way to go after bournes

DCA = Debt Collection Agency

Hi I think its 4 that are with DCA's

[Kati]

Re: best way to go after bournes

Is there any equity in your house? If so how much, and is it jointly owned?

£300 represents your current monthly surplus income then?

Can you give us approximate dates that each credit agreement was first taken out please? Especially the ones with DCAs.

If you can answer Nibbler's questions, that would be a big help

[libra1970]

Re: best way to go after bournes

If you can answer Nibbler's questions, that would be a big help

Global started 3/08/04 default date 25/07/13 Dca
Cabot started 17/95/02 default date 16/02/11
Creation £346 started 11/08/05 that's up to date so far
Creation £1194 started 29/05/04 default 8/01/14 they put a charge on my house think went to Dca
Creation £1210 started 10/07/04 creditor still in touch and know situation at mo
Barclaycard started 17/01/03
Moorgate £260 started 30/07/03 default 31/03/11 went to Dca
Moorgate £430 started 10/12/02 default 30/04/11 went to Dca
Rbs £2194 started 02/10/02 default 18?10/10 credit card
Rbs £12,054 started 30/07/07 default 31/5/12 personal loan
Rbs £344 started 05/11/91 default 31/05/11 overdraft

Hope this helps

[Nibbler]

Re: best way to go after bournes

A lot of those will be quite old agreements, so it may be worth requesting CCAs (on the loans and cards) at some point if you haven't done so already. At the very least if any struggle to come up with them it might give you bargaining power for reduced settlements.