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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…
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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…
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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…
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Lowel discount offer advice
hi all lowell have sent me a letter. Offered me a 70% discount. Should I do this? As it says on the letter will affect my credit score more as will only show as partially paid? Or just continue with payments? any help/ advice would be much appreciated
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Nationwide/Moorcroft
I’ve had the following email today from Moorcroft in relation to my defaulted Nationwide loan. As far as I am aware they never responded to the write off request in relation to financial abuse, although I have submitted a SAR to CAB which will confirm this. should I now set up a standing order or should I raise questions…
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Timing of a DMP
Hey, I recently applied for a DMP through StepChange on my roughly 40k worth of debt. On review of lots of online forums I cancelled the DMP and stopped paying all my creditors while I wait to default. I’ve got a few questions though, As I started the DMP process I’ve had a few of my creditors say to me that they have been…
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I think an IVA is best route
Very long story short due to my soon to be ex husbands poor credit at the time the shared ownership house and all family non priority debts were in my name. The financial paperwork for divorce leaves house and all debt to me. Single Mum, one child. £42000 of debt over 4 credit cards/loans. All defaulted in the last 9…
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HP agreement and Credit Card defaults
I have an HP agreement for a car which I use for work and ferrying around elderly parents. It's possible that at some point in the future I may need to miss credit card payments and default on one or more cards. I have a clause in my HP contract which says: "During the currency of this Agreement, you must not: - call a…
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Advice for first time poster please
This discussion was created from comments split from: DMP mutual support thread part 13 !!.
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Potential Scam - Any History? Apex Management Solutions
This may be a legitimate company but I would like to know if it is a possible scam. I recently received an email from this company stating that they are debt collecitng on behalf of someone else. I have no idea what this is and am concerned at the legitimacy. They state they have sent previous correspondence which I…
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Payment Breaks For Loans/Credit Card/Household Bills
Hi all, first time poster here so apologies in advance if this is in the incorrect section. long story short, I'm in between jobs now. I'm due to start a new position with a respectable salary of 35k a year at the beginning of August. I have a lot of my household bills coming out at the end of the month so I'm looking for…
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Advantis
My son has had a letter from Advantis yesterday about legal fees debt , this court case was nearly 13 years ago he has no contact with anybody since and no letters , out of the blue this letter was put through the letterbox yesterday ,My question are have they any right to pursue this debt as it's 13/12 years old Does he…
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Savings in an Absolute Mess
Hello everyone, What would you if your finances looked like this at age 50? -pensions £52K (belatedly paying in 20% via salary sacrifice, including employer contribution) -Savings (including premium bonds): £15K -Investment ISA: £2.7K -Jewellery (conservative resale figure, including £3K of scrap gold instantly…
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Thinking of entering into an IVA - advice gratefully received
Hi All, I am looking for some advice, I'll be talking to Payplan and/or National Debtline too, but figured it couldn't hurt to ask here as well. Here is my situation: I have about £20,000 worth of debt, Credit cards, loans, store cards, you name it. I got into this situation after my wife became ill and was unable to work,…
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Mortimer Clarke/Cabot counter offer
Hi, need some advice dealing with a counter offer from Mortimer Clarke. I defaulted on several debts over a year ago and have been waiting for letter before claims to come whilst building an emergency fund. In preparation, I worked out my leftover amount (£100) for non priority debts, and then working out each creditor as…
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Stepchange DMP
Hi all. SC agreed my DMP and want to begin payments on the 1st August. I’ve been reading up and it’s recommended to default first. I have some loans which have interest factored into the overall payment amount, if this defaults would the interest outstanding reduce? Do I ask Stepchange to pause whilst waiting for defaults?…
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Advice need in 66K debt.
Hi everyone, Hope all are having a pleasant Monday. I have been quietly following discussions on this forum particularly around managing debt. as from my title i am in a lot of unsecured debts mix of loans, overdrafts and credit cards. based on the information i have read on here. i decided it was better to stop paying the…
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CCA request reply
I put in a CCA request back in February to Moorcroft regarding my MBNA credit card. I’ve today received paperwork that starts Backbook customer copy template MBNA credit card term and conditions customer copy…. The address in it is current not the address when I took out the credit card and my surname has changed in that…
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Help with Debt, head stuck in the sand
HI all, I have had issues with money for as long as i can remember and i need to sort it before it ruins my life I have multiple different debts with different people and have been on and off paying small token amounts but with job losses etc this has been on and off i also have an issue with keeping track of it all,…
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CCA letter advice or do I just continue to pay?
Hi my first post. So I've got two old credit card debts that are currently with Cabot (shows as wescot credit services) and Moorcroft, it was a time I had a failing business and through sheer pig-headedness and burying my head in the sand, I thought I could rob Peter to pay Paul to sort the business, which obviously didn't…
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