Claiming Bank Charges back

To try to recoup some financial backup I have now done as the money saving expert at www.moneysavingexpert.com has suggested and started to claim back all my bank charges from Abbey £1400 or there abouts We have had one reply offering us £325 which I have refused so waiting now for a reply to the next letter I have sent them. Also trying to claim compensation for a mis-sold endowment which also was via the Abbey. I only sent the letter last week so I will keep you informed of the details.
A bit of info for those of you in the same position as myself watch out if you get a basic bank account with Co-operative bank. We went overdrawn by £4 the money went in the next day then we went overdrawn by a miniscule amount because a standing order came out and then once again because money was late being paid in ie. the same day the the standing order came out and Coperative bank closed the account on us.

I rang their management services and explained the overdrawn amount didn't even reach £20 and on each occassion the money was paid in the same day,whilst they sympathised they said thats it three strikes and you are out. So be very careful, I am not sure if other banks do this.

Debt Management Plan/Payplan

Is this Debt Management Plan with Paylan a good idea? I am not so sure now. Granted they have managed to get all the creditors and collection agencies to stop all the phone calls, but still the interest is accumulating. What little we are paying the creditors is disappearing I feel there is no point paying anything. If our circumstances dont change and we don't get finances from somewhere I can see the creditors forcing us into selling the house. What is it about Mondays,I always feel desperately low and depressed I think it is because a new week has started and we are still no better off.

This time three years ago we both had good jobs, we have worked all our lives but circumstances changed I am too ill to work and who will employ a 60 year old male,not to worry theres always the lottery on Wednesday.

Barclays/Barclaycard

Barclays or maybe Barclaycard debt collecting agency Merciers have been on today saying they wont accept the payment that Payplan have sorted out. When I asked the guy what did he want, he said a higher payment which I told him I didnt have. He said they would be passing the debt on to a local collection agency. I am not sure what that means, whether they will come knocking on the door or they just take over the debt.Has this happened to anyone else out there. I will keep you informed as to what happens. Everything has been quiet so far I wonder if this is the start of all the creditors having a go at us again. Most of them are still charging interest which is a ridiculous amount, we initially dug the hole for ourselves but they have got a mechanical digger and are burying us rapidly.

on a DMP and Loan Companies offering me money

It appears that Payplan have sorted most of the debts out, but there have been a few hiccups.Some of the creditors are ringing me up saying they haven't heard from Payplan but this gets sorted pretty easily. The phone calls have all but stopped, but can you believe it? I am now getting about three phone calls a day offering me loans. Even when I have explained I am on a DMP. One was from Barclays who I owe loads of money to.

I am still concerned about the new ruling I heard about last week about bailiffs, but have found no other info on it, anybody out there who can help I would be grateful.Also in an earlier post I said I was looking at doing an E -Marketing Course but they all look the same to me and I am not sure if they are genuine,any thoughts on that please?

bailiffs can break into your house

Just read some really scary item about Bailiffs and the law changing to allow them to break into your home without a court order. Apparently it is being debated in parliament this week to allow bailiffs new powers. It would appear that any bailiff can come into your home and take goods if this law is passed. This is definately one to keep an eye on. Any information would be gratefully accepted.

Credit card debt

Credit card debt seems to be making lots of money off my debt. They are accepting the payments via Payplan but charging me twice as much in interest.It seems pointless paying the debt off because with the interest the debt is just getting bigger
Apparently it is much better if the credit card companies sell the debt on then the interest stops.

The house seems so quiet now the phone calls have stopped its fantastic. I know the debts have not gone away but a great deal of pressure has. By the way thanks to those of you leaving comments, particularly to Riters Bloc whoes comments were very helpful.

When I started writing this blog I said I needed to earn money to help pay off the debts. Because I am unwell I can't leave the house much, but I am starting to look at one of these marketing courses that are advertised on the web. The problem is there seems so many and because I know nothing about internet marketing I don't want to get ripped off. However I will keep you informed wish me luck.

Payplan Accuma IVA American Debt Problems

Payplan,Debt Consolidation,Debt Management Plan, Credit card debt. We are all in this debt.This blog initially was writen in the UK. It concerned Debt Management here. But there are so many people from America who are in debt reading this blog obviously it concerns us all .Debt is a problem no matter where we are from, and I would ask that those of you from other countries who are in debt that are reading this blog please leave comments because we may be able to help each other wherever we are from. Debt is a universal problem. Your comments and help are important

IVA,Accuma problems with debt and Bankruptcy

Problems with an IVA and Accuma not solving debt problems. This blog was my personal diary of debt and my problems sorting the debt out. But I feel I must include this debt story.We chose the payplan Debt Management Plan rather than an IVA. mainly because we didnt have enough money for an IVA. This particular couple opted for an IVA but were unable to keep up with the payments.Despite constantly contacting Accuma they got no response until it seemed they would be forced into bankruptcy.I dont know the legallities of all this or at this stage where it will end. I am but relaying the story so far.They were told they would have to sell their house to release the equity to pay off the creditors unless they could get a third party to come up with the equivelent amount. This they duly did but Accuma said the creditors had rejected this amount. What happens next? Nobody could come up with a suitable answer. Could they appeal. Accuma told them no. It is now nearly three months since they heard from Accuma In desperation they phoned the National Debt Helpline (Which I must say I have found absolutely superb and so helpful)National Debt Helpline told them to insist Accuma responded.

The position at the moment, they have now been told that only the wife is being made bankrupt despite the fact they had added all the debts together. The wife, by the way ,of the two of them owes the least,and has no assets. She has been told that the procedure is well in place and there is nothing she can do. When they questioned this (RE the debts being separated) they were told it was in the fine print. They are as we speak trying to sort this out. Surely they should have been notified,? who is at fault here? Why was there no communication?

If anybody out there has had a similar experience please post a comment.The pressure of being in debt is so bad and to be further pressured by people who are supposed to be helping you causing more problems.

debt consolidation means debt relief

I am not sure if using payplan is the same as debt cosolidation. Will we ever get debt relief by doing it this way. Everyone talks of National Debt and it was on the news today that the 2 largest political parties were 2 million pounds each in debt. I wonder if they get all the harrassing phone calls. Every where I turn the news is about debt. Still its good to think I am not the only one. I havent been to well the last few days hence this post has been delayed. Some of the credit card companies have now accepted a reduced payment. some are accepting the payment but still charging interest. I can't see the point of them accepting £12 payment then charging £150 interest and £12 late payment charge. I am sure they shouldn't be able to do this. At this rate they will never be paid off. The good thing is the phone calls are down to about three a day oh the peace.I think this is the first Monday I have got up and not felt physically sick. Lets hope the week keeps going well.

Credit cards and Marks&Spencer refused

MBNA and Marks & Spencer money have refused the offers Payplan put to them on our behalf.We are still waiting the outcome of the other credit cards So far Tesco credit card seems to be the only one that hasn't been hassling us. I have been reading other blogs and it seems that it is not such a bad thing if the debts are sold on to debt collecting agencies. It appears they are more ameniable than the big banks.The phone calls seem to be starting again, it would not be so bad if you could understand the person on the other end of the phone, some of these call centres make you feel like you are talking to a robot. The other day I was on to one of them and my dog starting barking really loud I said to the person on the other end oh sorry that was my dog making all that noise to which the answer I got back was that is not your password can you repeat it. It is no wonder my husband ends up throwing the phone across the room.Well Monaday tomorrow lets see what the mail brings.Speak soon. Bye for now.

I spoke to payplan today for advice. I feel like I am talking to the samaritans, sorry guys at payplan but you are keeping me sane. I think I should be charging them for the praise I am giving them. Hey that would earn me extra cash.
Apologies for the last posting I did. I was just feeling so depressed. But heyho another day another dollar as they say. I don't know who "they" are but what the heck. More creditors refusing the offers but until I win the lottery they will have to wait.
I have an idea for earning extra cash but not sure it will work. I will investigate more and keep you informed. Anybody out there with similar problems or any good ideas please feel free to post a comment. Cheers speak soon

on the immediate edge

My marriage is on the edge with all this debt. If only an immediate result could happen. I think writing this blog is the only thing stopping me fom jumping off the edge.Today one of the creditors MBNA rejected the offer. It is too late to contact Payplan to see what happens now. I suppose another sleepless night is in order. I wish I was fit enough to get a job anything to bring more cash into the house. Well not to worry tomorrow may be a better day, here's hoping.

Payplan sorted our debts

Don't let your debts worry you so much was the kind advice the man from Payplan said today.They have sorted the debts, in so much as they have made offers to the creditors. Now we wait. What happens if the creditors refuse.If only I could win the lottery.Every day is a nightmare. It seems that a lot of the credit card people have passed the debt on to debt collecting agencies. I suppose that means more knocks at the door.

debt collector at the door

Well Monday morning blues. Got up and as soon as I opened my eyes thought of debts and was literally sick. Payplan keep trying to make me feel better but still don't know if creditors have accepted payments offered. Bang Bang went the door it was a large and intimidating man. I want some money was his first words. I dont know if legally I can name the creditor so at this point I won't. They have been told several times about payplan but keep harrassing us. Amazingly the debt collector was very pleasant and took the details and then wished us good luck. What a surprise a nice man.But would you believe within 1 hour of him leaving the credit card company was harrassing us on the phone again despite they knew the debt collector had just left. Thank goodness national debtline and payplan have informed us of the legalities.

Monday morning blues

Sunday evening and the build up has already started. Somehow over the weekend we can almost forget about the debts, but as Monday nears the worrying starts again. Watching the news on all the hardship in the world, there are people out there in a much worst state than we are but that doesn't really help. I was on a life support machine four years ago and the family were told I had no chance of survival, but I did. After that we all said "oh it puts things into perspective" Well it did for a short while but there again we weren't in debt then. I think it was the near death experience that made me start to spend. Sorry I digress, I will be contacting Payplan tomorrow to see if they have heard anything from any of the creditors I will keep you informed.