The simple approach is to ignore the letters, and if you accidentally pick up the phone, just say, since the debt is unenforceable, I will not pay. They will be tired of wasting their time after a while. You must obtain a default of the debt added by the original lender in order for it to lower your credit registration. Just to be clear. What will happen to the debts that CCA can`t bring me, and I`m going to stop the payments? You became insolvent more than four years ago. Should I pay? Would it affect my future (5/6 years) mortgage or credit application? Getting transaction agreements is a nightmare because (in my experience), one company simply holds the other company responsible for delays. My situation was even more confusing, because I was in the middle of an argument with the financial ombudsman that it was a matter of properly recovering the defaults, or even being enforced, so that I could not stop paying these creditors at that time……. But yes – if all creditors have become insolvent to you by all means and ask definitively…… But it`s getting a little chaotic.
I think you should also read debtcamel.co.uk/refunds-catalogue-credit-card/ and consider filing a complaint saying that your overdraft limits were raised far too high without the bank verifying that they were affordable for you. Ask for reimbursement of the costs. Hello Sara Me and my husband have been paying off a series of debts for about 8 years and they`ve all dropped our credit files. I have a CCJ that I know I have to keep paying for, but the others are agreements with collection agencies. We asked CCA to come back in March – 1 came back to say they can`t deliver it and the debt is unenforceable, 2 came back with nothing (provided they can`t get them) and we sent an agreement, but there is no appointment (would that be correct?) We have continued to make payments in recent months. I am right when I think that we can simply settle the payments if the CCA has not been provided without offering a full and final settlement. I feel like I have given them enough time now, even with the current situation of COVID. Over the years, we have probably paid 50-75% of the initial debt. I would stop paying Stepchange because it is the only remaining debt (all the others have been confirmed that they are not applicable), but I am worried that capquest, if I do, will start recording missed/delayed payments in my file, which will have a negative impact on them.
This is what will happen, even though Capquest agrees that guilt is unenforceable.