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Hi,

My debts are mainly loans taken out to consolidate cards over the past 2-3 years. Should I go in prepared, but only say what I am asked, or should I go in, with my bank statements, and highlight points during these last few years when the funds have come into my account, where they went etc..

whats the best strategy?[?]

Have you got a face to face or telephone interview? Mine was on the phone and I made sure I had a copy of everything that I had sent to the OR in front of me so I could refer to it - not that they asked me many questions!

Only answer the questions they ask you - don't offer any more information as you don't want to dig a hole for yourself! Answer the questions honestly, and if you don't know the answer tell them that.

Yesterday is history, tomorrow is a mystery, today is the present - a gift to make the most of.

View my blog at http://skippy13.blogs.iva.co.uk/

Thanks Skippy

Its a face to face.

Andymac, I am in a similar position - I have two consolidation loans - I am dreading the whole thing, haven't even got a court date yet, and I am already worrying,,,,! D.

I wouldn’t worry too much, we have had that many loans for consolidation, we just could not remember exact dates we took them out and even where all the money went! Felt a right fool. The OR has even rung again asking about withdrawals from the bank account, we just tried to be as honest as we could or just said we cannot remember!

I’m sure it happens all the time

The only way you will have a problem is if you are not honest with the OR - and I'm not suggesting for one minute that you wouldn't be! The OR doesn't expect you to remember every transaction, so just tell them what you can remember.

Yesterday is history, tomorrow is a mystery, today is the present - a gift to make the most of.

View my blog at http://skippy13.blogs.iva.co.uk/

I am basically going through my bank statements for thelast 3 years and highlighting (for myself) where lumps of money came into and went out of my account). That way, when she asks, i can give the payee details. (for most of them!)

You'll do better than I did then Andy, I couldn't remember a thing and my OR was quizzing me for ages about the loans. You sound really clued up on yours but as has been mentioned, only answer what has been asked of you, if they need more they will be in touch. Good Luck!

thanks.

Clued up... Far from it !

But I can see on my statement where it all went.

MAN, it is easy to spend money !

Hi Andy, I had to supply the past years bank statements and any credit card statements I had (of which i had none!!!). He asked me about a few transactions in my account (I had an insurance payout because my house was hit by lightening), but all he wanted to know was who I'd paid the money too in case I'd paid a creditor off I suppose. I couldn't remember a damn thing about my cards, all he asked was if I'd made any major purchases or holidays with them. He was more interested in what the loans were used for and when I'd taken them out - how I thought I could afford to pay them back. My advice - just answer what he asks - if he wants more let him ask!!!!!

Brassic, Hi. I don't know what will happen with me - I was spending in between 1 and 2 thousand pounds a weekend, all drawn out on credit cards. I spent the money on absolute rubbish! I have nothing to show for it whatsoever! I think the OR will have a fit at me! D.