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Struggling to commit to a DRO
Long story short I’ve spoken with Citizens Advise and I currently qualify for a debt relief order but I’m worried about the consequences it will have on me moving forward. I’m currently out of work and will struggle to get a job for at least a year because I’ve just been given a community order which is a criminal record…
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Letter Of Claim from Kearns Solicitors
Hi, After some advice on my next move. I've received a 'Letter of Claim' today from Kearns Solicitors for a loan I originally had from Lloyd's in 2012 but was then assigned to Link financial in 2018. They have provided a reply form which has 4 sections. The first section being 'Do I owe the debt'. I know had the loan and…
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Advice on defaulting
My husband and I have realised that we can't carry on the way we are and need to tackle our debt. It is about 45k between us (husband has 2 personal loans, about £10k each, I have CC £12k, then various other smaller debts). It's got to the point where we are having to use CC for food etc as our disposable income has to…
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Moved: Family Loan to Purchase a Property Outright
This discussion has been moved.
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Should I default before a DMP will this affect my work?
Hello, I wonder if you can help me I was going to start a DMP before I came across these forums tell people to stop paying and default first. Just some questions as this scares me cause I’ve never missed a payment but most my wage is going on debt so need to do something. First if I have 3 loans what if one defaults first…
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Charging orders 2008
Hi, i have 2 charging orders on my property from 2008. 2 different Courts (Newcastle and Bradford) I want to remortgage but now they are still sitting on Land Registry,i have literally for 4 months been trying to clear them by paying them. Getting no where fast. 3 solicitors i have tried to get are "too busy" so i decided…
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D(MP) Day! 1st July 2025
Hi everyone, First of all, a massive thank you to: * Everyone who has shared their experiences with debt – it’s incredibly reassuring to know I’m not alone. * Everyone who offers advice and support – this forum has been a godsend. I’m currently dealing with around 46k of unsecured debt: * MBNA Credit Card – £17,000 *…
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£31k debt through bad decisions, help with DMP
So, over the last few years, I've managed to get myself into a mess, financially. It's jeopardised my marriage, massively impacted mine and my wife's mental health and limited my family's sort to mid term opportunities. I've been treading water for a while, paying minimum payments only, using credit cards to pay down other…
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In debt (£50k) and need some serious help - delicate position
Hi all, I’m in quite a bad position and I’m after some guidance if possible please to make sure i make the correct decisions here. I’m not really looking to excuse my position but some useful context is that I have AuDHD, CPTSD and spending has been one of the things I have really struggled to control. I have had therapy…
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AP or default?
Just wanted some opinions on whether I do AP on a small Next Directory account (£210). It’s heading along the default route but I’ve not even had the notice yet. I’ve got 4 x NatWest accounts (with the Ombusdman as just the £13k final loan considered unaffordable by investigator), a Lloyds CC, (which was after the £13k…
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CRS - 2nd letter for unknown account
Hi all, Just popping back on as I've had a second letter through from this company. They sent one a few months ago alleging that I owe EE just shy of £100. It's a pretty vague letter with a client reference, a "start date" and "end date", alleged debt and some spiel about understanding people's situations are unique etc.…
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debt help
HI all, im trying to get my finances in order as im currently in a lot of debt, £32k ish currently I can just about to pay the minimums and loan payments every month. and if I do overtime or hit bonus at work I can live a little bit etc ive done a SOA which ill add below. I know I can save a bit if I change my car and im…
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Debts and Student Finance Debt...
I have severe mental health since 1999. I owe M&S Credit Card £1k ish, PayPal Credit £2k ish, Klarna £94 and Sister £9k ish. Also, Student Finance Debt around £4k ish. Can my M&S, PayPal, Klarna and Student Finance get written off? My sister had cleared my prevous Finances and Credit Cards, so thats why i owe her.…
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DMP, maxing credit and full and final offer
I have been reading through all the DMP posts and I see someone asked should they max all their credit before starting their DMP so they have a large emergency fund and can make full and final offers? Is this a route anyone takes? How early in could you make full and final offers? If you have a little lump sum available…
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Merged: What do I do? Bankruptcy dro or worse
This discussion has been merged.
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Settled Debt or Sold Debt?
Hi, I started a DMP earlier this year, and I've just noticed that one of the Loans I had has gone from my Credit report.If I check Closed accounts, it's showing there as settled.Does this mean it's been sold on? Because I have had no contact from either the Bank that the Loan was with, or whoever has bought it, and there…
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Full and Final offer
Hello, I'm looking advice again. Most of my debts have fallen off my credit file, they have been sold on several times and I'm paying low monthly amounts. I would like to clear them over the next 2-3 years and have begun offering !!!!!!. My first reply is from Westcot. This debt is due to fall off my file in August, £1500…
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+6 Year Debt (actual 13 years) - started receiving demands from NEW COMPANY?
I had alot of debt, from various banks and credit cards around 2002, and I lost a job around 2006 and stopped paying the debts, 6 years quickly passed and I moved address After around 2012 I never got any debt letters But this last few weeks I got one from from a company called VERIFY, which is for just under 2000£ - its…
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Statute barred enquiry letter
Hi. I received a hand-delivered letter from a debt collector chasing an old debt which may or may not be over the 6-year statute-barring threshold. I think it should be over six years but cannot be certain, and have not communicated with them. However, if I were to send them a Without Prejudice letter asking for proof of…
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Barclaycard sold to PRA
So with the help of this lovely forum I've been making real inroads into my debt so far - Zopa card irresponsible claim upheld and removed from credit report, Updraft 2 loans irresponsible lending upheld and removed from my credit report, still need to pay them back, but interest removed and not reported so a small win for…
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