I have just cancelled all my DD with my creditors. I have paid all creditors for January, and the next minimum payment is due to Barclaycard no later than 24th February, with the remainder following soon after.
My question is how long after the 24th Feb will they begin chasing?
Do they start with a letter initially, or is it straight into the phone calls all times of the day?
Hi
Usually straight in with the phone calls I'm afraid. Just give them details of your IP and don't get caught up in deep conversations with them
Regards
They will start chasing as soon as you miss a payment, and will be both by phone and letter.
If you can go on any online sites you have, I recommend you do so and delete any contact details they have, even put false ones in.
I always use 1000 000000. It usually accepts that.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
Surely your next statements i.e feb. would show your recent payment as being upto date and therefore your next payment after that would be the one they start chasing you for if and when its not recieved
If we all threw our problems in a pile and saw everyone else’s, we’d grab ours back.
Funds paid to date accepted as F&F 16th August 2013, the wait for completion begins.
Wait over....certificate recieved 3rd May 2014
As soon as you show as having missed a payment, then they will be on the phone.
It was three days for me with Barclaycard.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
When we missed our payments - they didn't start chasing it until the statement came in for the next payment. But since then they have phoned me every day religiously. I pleasantly just keep telling them I am proposing an IVA, if you wish to contact someone blah blah. They're not getting fed up haha. But neither would I if someone owed me money.
That's what I'm saying - it's as soon as a payment is missed.
I wrote to my creditors, but did not speak to them via the phone until the day my IVA was approved.
It's unlikely that they will push for a charge whilst you are proposing an IVA, and even if they threaten you with this, your IP can sort it for you.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
Different people have different problems with different creditors. With me it was Barclaycard/Mercers. With others it is Egg, as has been posted earlier today.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
