-
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…
-
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…
-
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…
-
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…
-
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…
-
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…
-
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…
-
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…
-
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 :…
-
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…
-
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…
-
Looking to get debt free
Hello everyone, I'm looking for some advice on becoming debt free. My family's had a little bit more to contend with due to my partner being from another country and me making knee-jerk decisions on how to try and pay off the debts by borrowing. Is the best way to start by producing my SOA? I've also been looking at…
-
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…
-
BW Legal Letter of Claim unknown OVO energy debt
Hello, I'll keep this as brief as possible but greatful for any advice and help we can get. Just returned home after a short break away to Scotland - our first holiday as a family ever and found this letter on our return. BW legal, letter of claim on behalf of JC International Acquisition LLC with the original creditor…
-
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
-
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…
-
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…
-
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…
-
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…
-
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…
-
PRA Group threatening me with Solicitors (Scotland) - Now with added Sheriff's Citation
I have two defaulted Barclaycards which have been with PRA Group since early this year. Earlier this year I was advised by @sourcrates and others on a course of action. I sent a letter stating that unless they could provide proof of a CCA I would not enter into any further correspondence. I stated that I was aware that…
-
CCJ support
Hi, I'm supporting my brother-in-law who has received a CCJ (judgement for Claimant - in default) and is currently unable to pay it. He has mental health conditions and generally very bad mental health, so hasn't been able to deal with this himself. I'm working on getting a Debt and Mental Health Evidence Form (DMHEF)…
-
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…
-
Advice for first time poster please
This discussion was created from comments split from: DMP mutual support thread part 13 !!.
-
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…
-
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…
-
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…
-
Disability & Unsecured Borrowing
To lay out the facts. Aged in 50s, forced to leave work last year due to declining health and stubborn employer. Live alone, I have recently been placed in the support group for ESA. Only 3% of people ever return to working from this group. it's highly unlikely I will be one of them, given my health issues (physical). I…
A place for MoneySavers to share their journeys towards debt-free living.
9.1K discussions
1.8M comments
Most recent: Hopefully debt free before Mo… by Spendless
Today at 10:50PM
Forumites help each other push down their debt by setting challenges and encouraging each other to achieve their goals.