Guinea pig
Registered User
- Messages
- 97
I seem to be the only person going through this process at the moment so I would like to share my experience.
I have been through the MABS initial contact and I have passed this screening.
I have received the pack and I am in the process of filling out the pack and getting the required documentation together.
I have 3 utilities and 5 creditors so I have to write to each one asking for:
1. Total amount due.
2. Monthly repayment amount.
3. Confirmation of security for this loan, if any.
4. Confirmation of whether or not this loan has been restructured.
5. Confirmation of whether or not there is payment protection insurance associated with this account.
6. Copy original loan agreement.
7. Current interest rate.
For the utilities, I just had to ask for the amount owed, arrears and average usage per month (!?).
I have only received a reply from 1 utility by email. Tomorrow I have to ring each one and chase the correspondence.
Seeing as I was not making full payments to my creditors this will be hell as I do not want to enter into a telephone conversation with them concerning the DRN. Up till now I have only dealt with them by mail / e-mail.
I have an provisional appointment for the 22nd of OCT, this will only be confirmed if I have all the documentation in, doesn't look as if I will so I can't see this appointment materialising.
MABS have advised than I do not volunteer the fact I am seeking a DNR to my creditors but surely they can see when these pre-formatted letters arrive it points to the fact the customer is seeking DRN?
I have been through the MABS initial contact and I have passed this screening.
I have received the pack and I am in the process of filling out the pack and getting the required documentation together.
I have 3 utilities and 5 creditors so I have to write to each one asking for:
1. Total amount due.
2. Monthly repayment amount.
3. Confirmation of security for this loan, if any.
4. Confirmation of whether or not this loan has been restructured.
5. Confirmation of whether or not there is payment protection insurance associated with this account.
6. Copy original loan agreement.
7. Current interest rate.
For the utilities, I just had to ask for the amount owed, arrears and average usage per month (!?).
I have only received a reply from 1 utility by email. Tomorrow I have to ring each one and chase the correspondence.
Seeing as I was not making full payments to my creditors this will be hell as I do not want to enter into a telephone conversation with them concerning the DRN. Up till now I have only dealt with them by mail / e-mail.
I have an provisional appointment for the 22nd of OCT, this will only be confirmed if I have all the documentation in, doesn't look as if I will so I can't see this appointment materialising.
MABS have advised than I do not volunteer the fact I am seeking a DNR to my creditors but surely they can see when these pre-formatted letters arrive it points to the fact the customer is seeking DRN?