-
Update- Simple Procedure Notice of Claim Form 6a (Scotland) Help please
Hi Everyone, Not been around for a bit, but today I have come home to a Simple Procedure Notice of Claim (Form 6a). We are in Scotland. Original debt is to MBNA - £2591.47, it was bought by PRA group and Brodies is the solicitor dealing with the debt. I have requested the CCA from PRA group, first letter they ignored,…
-
53k in debt and finding ways of helping
Me (40) and my wife are currently 53k in debt, across 9 creditors. we currently rent. Paying all the monthly loans and min payments on credit cards and a catalogue leaves us very little money as soon as we get paid. Most food shopping will go on credit cards to make ends meet and I’ll also eat into my overdraft. it’s a…
-
Persistent debts built up, 0% periods ending on cards mean its unaffordable - DMP
Good evening folks, I did post in the DMP thread but figured this is possibly worth having my own thread for, so here goes. This month is when I finally stepped back and took stock of my financial situation. Total unsecured debt is circa 70k across a couple of loans and numerous credit cards. I've been managing fine until…
-
Brodies on behalf of PRA
hi guys, I have received a letter from Brodie’s on behalf of PRA (barclaycard debt) stating ‘notice of court action consideration’. I did a CCA request to PRA in 2023 and I’m still waiting…just double checking this letter isn’t anything to worry about? Says court proceedings may be taken against me if I don’t pay by 10th…
-
How much emergency funds to keep momentum?
Hey there, long time lurker on this board. Without posting war & peace my partner and I found ourselves in around £80k of combined unsecured debt by the end of 2023. This was a mixture of existing debt from silly spending habits, house renovation and then failed fertility treatment which really turned it into something…
-
Help! £54K debt, DMP process and defaults.
So I have the following debts: Virgin credit card: £9646 (interest free period expires next month) Lloyds credit card: £6464 (paying standard interest rate) Santander: £5098 (paying standard interest rate) HSBC: £6198 (interest free period expires next month) M&S credit card: £ 3143 (period expires 6 months) Halifax credit…
-
Lowell threatening with 4 months until statute barred
I defaulted on a credit card in July 2020. Lowell have bought the debt and have been ringing, texting and sending letters. Today I got a letter saying if I don’t get in touch by 1st April they will send a field agent to my address. How likely is it that they’ll do this with 4 months until it’s statue barred please? What is…
-
Next Steps...
Hi I have followed the advice from the forum, and stopped payments to my creditors… I have now started receiving letters mentioning giving notice of default. Do I now proceed with setting up a DMP, or do I wait to receive the actual defaults? Thank you for your help
-
Dcb Bailiff
I had a dispute for a debt of 9k being claimed. The debtor approached small claimed court. The claim form stated that Particulars of claim will be served within 14 days. I acknowledged the claim and was under the impression that I had to wait for particulars prior to challenging it further. To my surprise the ccj was…
-
Defaults have begun: self-managed DMP
Hi everyone, This is my first post, so apologies in advance for any newbie mistakes. I’ve been following this thread for a while now and have been taking on board the advice shared here. Like many others, I found myself stuck in a cycle of growing debt, with interest payments becoming unmanageable; all stems from a…
-
Debt collection help
I have received a couple of letters from Moorcroft with the following paragraph; We have been trying to contact you to help you pay back your outstanding balance, but your account remains, to date, unpaid. We can confirm that in order to prevent the registration of a default in relation to this account our client will…
-
Letter from Cherry Godfrey
Morning all, like many I am 6 months into waiting for defaults with the plan to start a DMP. None have defaulted yet although I have had a couple of notices. One of my loans is with Cherry Godfrey and as they are a mainly off shore outfit, they seem to operate a bit differently. They have gone down the route of trying to…
-
Default now? :(
Good morning, Please can you help? In 2018 I took put an aqua card and paid it along with a number ot other creditors until 2022 when it all got too much and entered into a DMP with stepchange. I paid religiously with stepchange until 2024 when I decided to get ccas and go it alone. Ive paid every month since albeit a…
-
Statute barred debt for a deceased relative.
Sad News. My family member passed away last Monday. When I visited him a couple of weeks ago, I found a debt to MBNA for around £16k for an account opened in 1997. He had very bad dementia and he has debts to water, electric, council tax and this credit card. As a single occupant vulnerable person, he should not have been…
-
6 Year old default debt - written off?
I have a few defaults from 2022, which have been passed to a debt collector and I have been making token payments for years now. I am aware that after 6 yrs the defaults drops from my credit file. However, I have acknowledged the debt exists and have been paying to it so the "statue barred" of 6 years does not apply. So I…
-
Proposal for a "UK Debt Help Scheme" – Government-Backed Debt Consolidation to Ease Cost of Living
Title: Proposal for a "UK Debt Help Scheme" – Government-Backed Debt Consolidation to Ease Cost of Living Crisis Hi everyone, With the new government under Andy Burnham talking about tackling the cost-of-living crisis and making people's lives easier, I’ve got a practical idea that could help millions of households…
-
Unenforceable
I have several very old and defaulted credit card debts and so far all that got back to me, the cca’s are back as unenforceable. There are still 3 or 4 dragging their heels, stating that they are waiting for the original lender to get back to them, one (Cabot) even saying I hadn’t paid the £1 so won’t proceed with my…
-
Link unenforceable debt and now Moorcroft
hi I have three unenforceable accounts , no CCAs produced with link . today received three letters from moorcoft debt recovery. Does this mean they have took over my account? I plan to to say that the debts are in unenforceable. Can anyone advise me please? Letter says ‘Your account details have been passed to us by…
-
Help needed please re debt and possible DMP
Hi sorry long post alert bit I've got about 70k in debt accrued, personal loans,credit cards, PayPal credit etc. I contacted them all over last few months and agreed repayment plans but I am still hugely struggling. MBNA set up a consolidation loan so unsure where this leave me now applyingnfor DMP with step change. The…
-
DMP or IVA?
Hello all - as with many I have amassed a lot of unsecured debt through bad life choices and necessities (Court cases following divorce). I'm not here to moan about it and wallow in self pitty but to tackle the issue head on. SOA is below. I have swayed between DMP and IVA. In all honesty I have no idea which is best and…
A place for MoneySavers to share their journeys towards debt-free living.
9.1K discussions
1.8M comments
Most recent: Keeping on the Straight and N… by DancingInTheRain
Today at 4:31PM
Forumites help each other push down their debt by setting challenges and encouraging each other to achieve their goals.