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?
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.
Is it right that some will push for a charge against your property, and this can happen within a 3 month period?
Not that we have any equity in the property.
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.
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.
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