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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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Demand from hessonite
Hi help required please I had a joint mortgage with nram in 2008, I divorced my husband in 2010. I did sign the mortgage agreement but my ex was violent and controlling, I was also not told by the finnancial advisor of all the debts that were in my ex's name and he falsified his income to get the mortgage, all paperwork…
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I'm struggling - please help
Hi everyone, First before I explain everything I've been trying to battle this debt for 2 years and just can't any more. Last couple of days this has been taking a big toll on me, to the pound I'm thinking of going the DRO route. Please don't judge me, I'm just looking for help now. I've been unemployed for last 2 years…
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Default End Date
Hi all, I got myself into a pretty poor financial position back in 2018/2019 where I buried my head in the sand and picked up a number of defaults and two CCJs. These are now coming to an end, and I just need some advice on what the next steps might look like as the debt still hasn't been fully repaid. The following…
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Lowell Constantly Harrassing
Approx. two years ago I started receiving texts and phone calls from Lowell regarding debt held in someone else's name for an unpaid bill for SSE whom I have never used. I just ignore them all. To get them to stop I have to register on their website with my name and that's something I don't want them to do! Does anyone…
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Response from prove it letter
Hi guys. I have been getting chased by ACI for a debt. They sent two people at different times on the same day to my mum’s house (my former address) while I was out the country on business. They produced a hand written note stating that I had to contact them. I self consolidated my debts a few years back and it’s possible…
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Best tactic to reduce debt and climb property ladder
Hi all, My partner and I have been on a continuous improvement of our debt situation for the past 5-6 years, but now we're in a bit of a quandary as we're looking to sell our home and move to a much higher valued property next year. We currently have debts of about 23k, about 15k mine over 2 loans and 7k is my partner's in…
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Thinking of DMP, some advice needed
Hi Everyone! I'm currently £33k in debt. Some credit cards, and 3 personal loans. Credit cards repeyments are £200 and 2 of the personal loans are manageble with monthly payments of £120 and £270. The problem is with my last loan which is £580 a month. After all of my bills and repayments I'm left with around £50-£100 a…
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Prioritising what debt to pay first
Hi there, I’m hoping for a bit of advice. I’ve been working at paying off approx £10k debt over the last year and a half. Currently my debt is split between bank Loan @ £2,400 left to pay (£3,900 originally including £435 interest) and my monthly payments are £149 until December 2026. Credit Card @ £2,800, on a 0% interest…
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Is this normal...
Hi there, I decided at the end of last year to stop paying all my loans/credit cards as the payments were crippling. Last payment to all was November 2025. Here's a summary: Provider Status Amount Admiral Defaulted £ 17,253.00 HSBC Defaulted with Wescot £ 4,512.67 Ratesetter Defaulted with Arc £ 12,029.00 Tesco Defaulted £…
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Next Catalogue Debt - Brecon Debt Recovery
Hi Last year, as part of my DMP my debt with Next defaulted. Since then, I have been receiving statements every now and then from Brecon Debt Recory. I searched them as I would like to offer a F&F payment but I can see they are part of Next. Does that mean my debt hasn't been sold? Is it likely they will entertain a…
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Trading Loss
Help, A friend has lost money trading and now owe a considerable sum of money. the company want the money back but they cannot afford to give the whole amount back - is it possible to come to an agreement of some sort? Help please
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Council tax court summons was not even aware.
Long story short. I had a court summons for council tax early this month. I did not know about it because I no longer have anything to do with the property. The landlord had their solicitor email me a complaint and in that they scanned all letters received after I stopped dealing with the property. The letter was sent on…
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Making an offer of settlement
Hi Everyone! We have around 24k of debts on our DMP and it's not due to finish for some time. The stress has been unbearable and whilst I am 'coping', there doesn't seem to be an end. We private rent, so aren't able to sell property in order to pay the amount owed. We have been on our DMP for over two years and haven't…
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Some advice please
Hi everyone, i have been hovering over the post button for some days how. I am in around 21k of personal debt. 3x credit cards & a Very account. 10k, 6k, 4.5k & £500 . I have considered a DMP with step change but then I have been reading threads on here for around a week which suggest the best form of action is to first…
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Good income but but can't get out of debt
Hi, apologies if this is a duplication but I don't know
where else to go, let me know if it is and I will delete. 5 years ago: I, wife, and new baby lived in accommodation provided
by family business. Business changed due to a death. Family dispute, had to
leave business. Had little savings due to being partner in business…
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TBI financial services
Evening all, Has anyone had any experiences with TBI financial services? I currently owe £4,160.68 on a defaulted plata loan and paying back £15.00 per month. I’ve recently come into some money and wanted to offer a full and final settlement but found them less than cooperative and said I’d need to pay the full £4,160.68.…
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Westcot after default
Hi, I have read a lot of advice and I think I am getting confused as there is advice not to deal with Westcot as they are debt managers rather than purchasers. But I dont know if that applies to me as Tesco have already defaulted me. I have received a letter from them (and they are calling very frequently) to say they have…
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DMP and out standing debt
Hi all thanks for previous help, I needed a bit more 118118 have now sold my debt. The original debt was £1800 but they are saying I owe £3567 which would include the interest over 5 years? Can they request that or do I need to contact the new owner and advise original debt was £1800. Regards Blueblonde3
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15 year old debt,Carbot warrant of control
Hi So hopefully I can get some advice. I had a overdraft maybe 15 years ago with Santander . Had some bad times so didn't pay it back. Then carbot bought the debt and now I've got a warrant of control, the dreaded 7 day letter. Now I admit I've ignored all the previous letters as I thought considering the age of the debt…
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£57k debt - Stepchange or self?
Hello, I (29M) am finally resolving my debts after years of letting it get worse, I found myself trying not to miss payments and so took out further money which got me into this hole. (Not missed any payments on anything) I have 4 loans, 3 credit cards and 3 overdrafts and I am looking at a DMP with Stepchange, I can…
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