Difference between revisions of "Creditors and DCAs"
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(→Letter L - Ask your creditors to reconsider if they refuse to write off the debt) |
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We would therefore be grateful if you would reconsider your decision not to write off this debt. Please take the following information into account when making your decision. | We would therefore be grateful if you would reconsider your decision not to write off this debt. Please take the following information into account when making your decision. | ||
− | Paragraph outlining the special circumstances you have that you want the creditor to take into account. | + | <span style="color:red">Paragraph outlining the special circumstances you have that you want the creditor to take into account</SPAN>. |
We would therefore be grateful if you would give careful reconsideration of your decision not to write off this debt. Should you not feel able to agree to this request, please consider accepting token payments on this account of £1 per month. As you will see from the enclosed personal budget sheet we have no available income and are not in a position to make realistic offers of payment. Additionally we would also ask that any interest and charges on the account be frozen to avoid the situation worsening. | We would therefore be grateful if you would give careful reconsideration of your decision not to write off this debt. Should you not feel able to agree to this request, please consider accepting token payments on this account of £1 per month. As you will see from the enclosed personal budget sheet we have no available income and are not in a position to make realistic offers of payment. Additionally we would also ask that any interest and charges on the account be frozen to avoid the situation worsening. | ||
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== Letter M - Dispute your liability for a debt where a creditor has not contacted you for over six years == | == Letter M - Dispute your liability for a debt where a creditor has not contacted you for over six years == |
Revision as of 19:13, 18 July 2007
Contents
- 1 Template letters to creditors and DCA's
- 2 Letter A - Ask your creditors to hold action on your account
- 3 Letter B - Ask your creditors to accept pro rata offers of payment on your debts
- 4 Letter C - Ask your creditors to accept a token payment or no payment on your debts
- 5 Letter D - When a creditor refuses your offer of payment
- 6 Letter E - When a creditor refuses to freeze interest on your account
- 7 Letter F - When a creditor has turned down an offer of payment, interest is still being added, and you want the creditor to take you to court.
- 8 Letter G - When creditors have turned down an offer of payment, interest is still being added but you don’t want to go to court
- 9 Letter H - When a creditor asks you to agree to a voluntary charge against your home
- 10 Letter I - Request for a stay of execution in the High Court
- 11 Letter J - Full and final settlement for any debt
- 12 Letter K - Ask creditors to write off the debt due to your circumstances
- 13 Letter L - Ask your creditors to reconsider if they refuse to write off the debt
- 14 Letter M - Dispute your liability for a debt where a creditor has not contacted you for over six years
- 15 Letter N - Ask your creditor for a copy of your credit agreement under the Consumer Credit Act 1974
- 16 Letter O - Mortgage shortfalls: Breakdown of balance owed
- 17 Letter P - Mortgage shortfalls: Please write off the debt
- 18 Letter Q - Mortgage shortfalls: Full and final settlement letter
- 19 Letter R - Mortgage shortfalls: Lender should not pursue under CML policy
- 20 Letter S - Inform your creditor that you are terminating your hire purchase/condition
Template letters to creditors and DCA's
Creditors and DCAs - Letter Templates & Budget Planner
Some of these letters refer to a budget planner. Here is a simple budget planner which you can fill in to work out how much you can afford to offer your creditors, and you can print this and send with the relevant letter:
Budget PlannerThere are both Excel and On-line versions
The letters are as follows:
Letter A - Ask your creditors to hold action on your account
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Letter B - Ask your creditors to accept pro rata offers of payment on your debts
|
Letter C - Ask your creditors to accept a token payment or no payment on your debts
|
Letter D - When a creditor refuses your offer of payment
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Letter E - When a creditor refuses to freeze interest on your account
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Letter F - When a creditor has turned down an offer of payment, interest is still being added, and you want the creditor to take you to court.
|
Letter G - When creditors have turned down an offer of payment, interest is still being added but you don’t want to go to court
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Letter H - When a creditor asks you to agree to a voluntary charge against your home
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Letter I - Request for a stay of execution in the High Court
|
Letter J - Full and final settlement for any debt
|
Letter K - Ask creditors to write off the debt due to your circumstances
|
Letter L - Ask your creditors to reconsider if they refuse to write off the debt
|
Letter M - Dispute your liability for a debt where a creditor has not contacted you for over six years
|
Letter N - Ask your creditor for a copy of your credit agreement under the Consumer Credit Act 1974
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Letter O - Mortgage shortfalls: Breakdown of balance owed
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Letter P - Mortgage shortfalls: Please write off the debt
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Letter Q - Mortgage shortfalls: Full and final settlement letter
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Letter R - Mortgage shortfalls: Lender should not pursue under CML policy
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Letter S - Inform your creditor that you are terminating your hire purchase/condition
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