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NEW POSTERS LOOKING FOR DEBT ADVICE - READ HERE FIRST BEFORE POSTING ANYTHING !!!!!
People post on this board looking for advice on many different debt topics. However its sometimes difficult to post in the right place, so, if you are wanting general advice from our panel of regulars on your debt issues, and how to go about solving them, you create a new thread using the big red "create new" button, top…
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Struggling with debt? Ask a stepchange debt adviser a question
If you need help with your debts, this is the thread for you. This is a new thread, as the old one was getting a tad long. Trained advisers from StepChange Debt Charity are here and waiting to answer your debt questions. They're a friendly bunch so please don't be shy! There are three ways to get in touch: 1 - Simply post…
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Charging Order? The myth
I feel that this is so important that I thought a new thread should be made to highlight the importance of understanding the law on Charging Orders and how many people are stuck with their property in the false believe that they have had a Charging Order put on their property. In particular the thousands of Northern Rock…
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Reclaiming money back from various payday loan companies
Hi all just wanted to share some good news regarding payday loan companies..... From early 2011 until mid 2014 I too was caught in the payday loan trap, all my own fault may I add, I borrow the money and in the end paid every penny back, would estimate 15000 over the years maybe 20. Early this year I saw all the news…
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The Debt Free Roll Of Honour
Update December 2018. We started this Debt Free Roll of Honour back in 2006 and since then there have been some fabulously inspiring stories, which you'll see if you read below. To read the most recent debt-free announcements click the double arrow above to head to the last page of the discussion Back to Martin's original…
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DMP mutual support thread part 13 !!
Welcome to the DMP mutual support thread Part 13 !! Here you can find help in starting and running your DMP, self managed, Stepchange, Payplan and any other DMP all welcome here, but we do encourage you to use a free service, not one you pay for. There is help on getting interest and charges stopped, how to start with an…
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In Debt and Wannabe Debt Free? first Steps to take are here, please read, then ask questions.
This thread provides guidance about some good first steps you should take if you are in debt and want to get debt-free. It doesn’t matter how big or small your debt is, or whether you are comfortably paying your debts and looking for advice on where to cut back further or struggling to cover your basic needs - we are here…
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Pls remember Debt-Free Wannabe's for support and help not judgement
Martin (Lewis) made the following announcement a few years back. But the link in the stickies is broken. Anyhow, here is what Martin said: "Dear Money savers..... Debt Free Wannabe is one of my favorite boards on this site. It's also one which runs a delicate balance. Many people who have serious debts have hidden them for…
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DFW Sticky-Provit/Statute Barred Letters, Defaults, Mental Health Help and Guidance, all here.
Debt-Free Wannabe Sticky - Please read for links to important topics and help Hi folks :) This is the Debt-Free Wannabe Sticky where links to all current important tools and information will be posted. Links: (1) Those who are new to debt, and want to know where to start, check out these first steps :…
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Statute barred debts and the Limitation Act
Statute barred debts and the Limitation Act Statute Barred debts. A debt will be "Statute Barred" if there has been no acknowledgement of the debt by you making a payment or in writing within the relevant limitation period. The debt would then be legally UNENFORCEABLE, unless the creditor has already taken legal action…
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PO Boxes
Hi all, what are the disadvantages (if any) of having a PO Box registered as your address with regards to receiving letters from collection agencies?
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Moriarty Law 30 Day Notice
Hi, My partner has received a letter from Moriarty Law who have been instructed by JC International LLC to recover a debt relating to an agreement with First Central Management Ltd from Oct 2019. She's never been in debt and has no idea what this could be in relation to. There's been no previous contact. Advice would be…
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Help with link financial. Just 6 wks left till statute barred
Hi, I desperately need some advice. I recently received a letter from link financial saying I have 14 days to respond before my account is passed to Kearns solicitors. I have 5 days left to respond. I’m not entirely sure about the debt they’re referring to - I don’t recognise the amount and the only card I ever had with…
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I dunno if I'm a wannabee! Quite comfortable - what to do for the best, lump sum vs mortgage
I have a £600k home with £180k mortgage, and a £600k BTL with a £125K mortgage, and a lump sum of £150k. It may all just be down to personal preference, no 'best plan' as such - do I pay off as much BTL mortgage as I can, or just enjoy my lump sum. If I pay off the BTL, I'd get that money back when it sells anyway, it's…
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Please god help, 60k in debt and feeling suicidal
I have the following debts MBNA CC- 9286 MBNA Loan - 9193 Barclaycard CC -14,094.50 Natwest CC - 19,719 Virgin CC - 4811 Very - 2750 I have used up breathing space of 60 days with all of them apart from Virgin & Very who i am managing to pay £50pm each to & have not gone into bad credit with them yet The rest are in the 2…
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Ophelos Debt Collectors
My son had problems with HSBC about 10 years ago. However recently he's been receiving texts from Ophelos asking for him to get in touch re an outstanding debt. There is no debt it was all sorted a long time ago and my son hasn't banked with HSBC for a long time. The contact they give is https://connect.ophelos.com I know…
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Soft seaches by Lendable, not instigated by me.
Good morning to you all, I had two accounts with Lendable. They were both defaulted
in March 2025. I have heard nothing since from Lendable, other than emails
each month asking me to reinstate my DD, which I believe are computer generated. Credit Karma has just notified me of some ‘soft searches’ on my
credit file. Upon…
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Advice for no debt solution
Hi I posted in the wrong thread but just looking for some advice about a debt solution and guided over here I completed a DRO application with money wellness but the advisor didn’t submit it as he said my salary sacrifice car lease would make it unsuitable due to the cost. The cost is £579 but actual cost to take home is…
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How do I get my ex husband to pay off these debts
I just got a divorce me and my ex spilt last year in July, the divorce came through all good! I am now finding I have all the debts in my name which I can afford to pay off but it will take at least 9 months for 1 debt with Eon and about 10 months with EE. Yes the debts are in my name so I understand that there is a…
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Access To Credit ; DMP
I've researched several threads on this board and have a quick question, hopefully some of the helpful posters will know the answer. Multiple times I have read that anyone entering a DMP will immediately lose access to credit. The reason for building up an emergency fund. Presumably that is due to their destroyed credit…
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BW legal , Threating to taking me to court
So, BW has sent me a notice to pay British gas bill of 1700 that I didn't use. I never was British gas customer before February this year. I lived in a room for a two three months that was above a shop. I used to pay 200 pound a month that included the rent and energy bills as well and I shared the room with another…
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CCA Reconstituted Agreement enforceability
Hi long time lurker who has gained a huge amount of knowledge from the bored. I’ve searched the forum and can’t find a conclusive answer to this so felt I had to reach out. I’m in a self managed DMP. PRA Group bought my Barclay card debt. I sent them a CCA request flowing which they sent me a year’s worth of statements and…
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Default notice advice please.
This discussion was created from comments split from: Waiting for defaults.
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Next Steps After Defaulting
Hi, Ive defaulted on my ZopaLoan and it's now at the hands of PRA Group. I'm also waiting for my credit cards to default. What do I tell the PRA Group in the mean time. Thanks.
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Does a guarantor transfer when a debt is sold?
My daughter recently completed her first year at Uni where she stayed at a halls, and I had to co sign her contract as guarantor. She met her boyfriend who lives and works locally soon into the course and when she finished year1 they decided to flat share together in year 2, and they went staright ahead and rented from…
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Debt collection letter from Capquest/Opos/Arrow Global
I have seen a few posts related to these companies, my husband received a letter from Capquest/Opos/Arrow Global chasing payment of an overdraft account on a Lloyds TSB account, he doesn't recall having an overdraft account but did have an account with them over 25 years ago. The total supposed debt is £101.81 with an…
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What small things will you do this week? W/C 8th September
When we start on the DFW trail we do loads of "big stuff" that makes quite a difference to our situation. These include having our lightbulb moment, cutting up the credit cards, and cancelling Sky and the gym. But once we have done the bigger stuff, we often feel that we are not making the same amount of progress, when in…
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Cabot threatening to visit
I have a few accounts with Cabot that I have been paying regularly every month over many years, never missing a payment. Within the last few weeks they have been constantly trying to call me between 8 and 9 every morning and then leaving a voicemail when I don't answer. I tend to avoid answering calls anyway as I'm…
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Feeling Bullied & Harassed by my Mortgage Lender
post deleted
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Waiting for defaults
Hi, after advice here in May we stopped paying all credit cards from June onwards. We have been getting lots of letters, phonecalls and messages as expected but haven't engaged in any. I've had a couple of messages saying that the accounts will default and we will be asked to pay the total sum immediately if we don't…
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