I have a friend (no seriously its not me) who has asked me about this. He hasn't paid a credit card bill for a couple of months and hasn't heard from them, but he thinks he should be getting a default notice through on it but because of the Royal Mail strike, he hasn't had anything. If he does get one can he argue that because of the strike he didn't get it in time and have it removed. I said i would post on here and am seeing him at weekend so any answers before then would be appreciated.
Than in advance
2007-10-08 08:51:34 · 11 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
thanks to all who have responded to date. To those who are giving the hardline "he should pay up like the rest of us" line, I would tend to agree normally, but this guy, who had a great job, recently lost his wife to cancer, has three children under 5, and lost his job as he was nursing his wife. His life is a mess and out of dispair has tried to commit suicide. I and other firends have tried to talk to his creditors and all they care about is the money back. It could happen to any of us - as Bono once sang "Well tonight thank God its them instead of you".
2007-10-08 10:33:00 · update #1
The only responsibility that the lender has in regards to the Default Notice is to issue it to your friend's last known address. Any postal strike will not affect any legal action that needs to be taken. However as a Default Notice has an expiry date, to allow customers to clear the arrears before taking further action, some companies might allow extra time for the postal strike, but legally, they don't have to.
I would advise your friend to contact them asap, rather that wait to see if the letter arrives. Most companies will be able to make an arrangement to clear the arrears over a period of time. Your friend might need to give his income and expenditure details, in order to justify the arrangement. I hope this helps.
2007-10-10 20:31:10 · answer #1 · answered by Anonymous · 0⤊ 0⤋
The credit card company would report the default as soon as they issued it - not when he received it.
He should contact all his creditors and explain his situation, perhaps asking for a payment/interest holiday or offering a small amount each month until things get back on track.
Many companies won't deal with anyone but the debtor due to the Data Protection Act. Personally I don't think they do it because the debtor won't be bound by any promise made by their representative.
If his debts are serious, he could look at debt management or an IVA. Debt management will spread his payments over a longer period but an IVA might write off a substantial part of his debt after 5 years.
Credit companies might come across as heartless because of their apparent interest only in getting paid off, but they must hear some stories from people trying to get away with not paying
2007-10-09 06:53:46 · answer #2 · answered by liquidator01uk 2 · 0⤊ 0⤋
To get a default notice you would have to be seriously in arrears with credit normally months behind, no excuses will be accepted, once he has a default notice it will go a credit file that is used by all credit companies up and down the country and it is unlikely he will get credit for anything again, companies will not touch him with a barge pole, even at the moment on his credit rating the revolving credit rating system will show a slow payer and the same thing applies.
Ken
2007-10-08 09:10:07 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Don't be silly .... he's already in Default by 2 months, and no doubt this has already been reported to the Credit Reference Agency ..
He really should phone them and offer to pay back at least something every month .. if he keeps ignoring them, he will soon get the (recorded delivery) Summons notifying him of the Court Date ...
2007-10-08 10:02:59 · answer #4 · answered by Steve B 7 · 0⤊ 0⤋
He should contact the creditors asap and talk to the CCCS to help sort out his debt.
It is obviously not his fault his world has fallen apart, he now needs to stabilise before he can put it back together again
He could look at what i do as a way forward. I am not promising anything but it costs nothing to look.
2007-10-09 01:14:47 · answer #5 · answered by more4yourlife.co.uk 2 · 0⤊ 0⤋
might not help. as you have said, he has not paid for a couple of months. unless they were recorded/registered delivery, companys do not have to give proof of receipt. his best bet if he wants to pay whats due is to phone them and tell them that he received nothing or bs it. if he approaches them first they will be more likely to be easy on him. and the notice if it does come through will normally be notification of further steps. if he responds it should stop it. most he can get away with is delay in getting it due to recent strikes.
2007-10-08 09:02:02 · answer #6 · answered by ANDREW M 3 · 0⤊ 0⤋
He knows he has to pay it,and failiure to do so results in a default notice so that excuse wont carry any weight at all.Pay up,the rest of us have to and pay more interest because of people like him.
2007-10-08 08:57:39 · answer #7 · answered by Anonymous · 0⤊ 0⤋
No. It is his job to pay his bill on time. No one will believe his excuse.
2007-10-08 09:00:53 · answer #8 · answered by Anonymous · 0⤊ 0⤋
you are meant to pay no matter what , he should have taken his last bill to the bank and paid thats what they will tell him
2007-10-08 08:58:50 · answer #9 · answered by Anonymous · 0⤊ 0⤋
i dont think he would be able to,, they would probably just argue and say he should have paid his bill,,
2007-10-08 08:56:07 · answer #10 · answered by claire_from_uk2003 2 · 0⤊ 0⤋