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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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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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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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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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In Debt and Wannabe Debt Free? First Steps!
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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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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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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Debt-Free Wannabe Sticky - Provit & Statute Barred Letters, Defaults, 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) Is your debt statute barred ? template letters here :…
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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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Help with sale of house funds
Hi everyone, I'm looking for a wee bit help please. My mum recently had to sell her house due to her finances and she is now in a emergency accommodation.She has a little money left from sale of house and wants to clear her debt with it. Council tax and energy are completely up to date but she has a large amount with…
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Credit report shows defaults when on DMP
I recently completed my DMP and requested my credit report, and was partly surprised to see scoring that suggests defaults from a number of creditors that were paid under the DMP. However, one of these creditors shows no default which confused me. The way I see it is that although I did default on the original agreement,…
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Newlyn Notice of Enforcement for Mother in law
Hello, I'm hoping someone can help advise on this. My mother in law went into a care home in April 2016. the home she shared with her estranged husband was sold the following year. He has since died. We didn't deal with house sale or any bills. Myself and my husband have an LPA for her. Completely out of the blue a letter…
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Default on credit file
Hello I’m in a bit of a confusion with welsh water, I rented a property and always paid the bills there no problem but when I moved out in august 2021 it was a bit hectic for me. Apparently I did view the last bill online but I never paid it, they showed proof I viewed it in mid august 2021 and I get paid end of the month…
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DMP & Joint Account Closure
Long time lurker, first time poster. I've amassed £32,000 debt in the last three months due to a terrible gambling addiction. I've now registered with GamStop to permanently self exclude myself from future betting. I'm looking to start a debt management plan with StepChange once my existing debts have defaulted and I've…
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Just looking for some clarity on DMPs
Hi, I’ve been sifting through so many threads to try and understand the best way forward for me with my 50k plus debt across 3 unsecured loans and overdrafts. So, I don’t own my house is in my husbands name and he’s always paid the mortgage. I have paid the odd fuel bill and the council tax which I’ve been told means that…
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Default on my credit score.
Can i remove a default from my credit file if it wasn't my fault. What happened was when I moved into a new property there was only £50 outstanding on a water bill which I thought I paid in my old property. Months down the line the people who bought my house messaged me saying there was a letter that came to the old…
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Help please if possible many thanks
Hi all - I am new to this site and would like some advice if possible. I will try to set to provide the headline and my question: Due to a gambling addiction that has recently been acted on I have unsecured credit card debt. I want to pay it all back but need the interest frozen to enable to do so. Min payments have been…
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Opos
Hello apologies if I’m not posting this in the right place. I received a letter today from Opos saying that they have been trying to contact me regarding a debt to RBS for a credit card outstanding balance of £360. They have contacted once me a couple of months back to inform me that they’d taken on a debt but I did not…
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Debt questions around DMP
Hi All, I've had a good read on the forums and feel more clued up on what I need to be doing, so thanks for the knowledge shared. I do have a few questions though if some kind soul could help with. 1) I see most saying run your own DMP rather than someone else and understand why regarding defaults/building funds and…
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CapQuest & Resolut
So on April the 5th 2024, I received a knock on my door. An agent from Resolut working on behalf of CapQuest. The funny thing is the debt they're seeking to collect was already paid in full in 2015. A debt collection agency came after my Littlewoods/Very debt 3 months before the 6 year limit was reached. Having already…
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DMP for £60k worth of debt...ready to tackle this!
Hi Everyone – long time lurker about to embark on my self-managed
DMP journey. The main point of my post is to explain how I’m going to go about this, for you
guys to tell me if there’s something I can do better or in a different way and
questions that I have. Are their any tips you may have to help this all go smoother? I…
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Debt advice IVA or DMP
Hi newbie here just looking for some debt advice. I have a considerable amount of debt 48K across 8 lenders all unsecured credit cards, store cards and loans. I have had to give up my job to become a full time carer for my son who has a disability so my income will be heavily reduced. My son gets high rate care DLA so I…
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Spiralling with my debt
So here goes, I’m new here and have read a few threads. So starting off I’m fully maxed out on 4 credit cards ie can’t afford minimum payments, so this week stupid me has been trying to sort it but during this i applied to step change for a dmp and also breathing space, then they said i would have to add on my personal…
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DMP vs. Second Charge
I am currently in a situation, which I am quite scared about to be frank. I have never thought of ourselves as living beyond our means, but recent events would state that we have been doing it for years and now I feel trapped. I am trying to work out how to move forwards without screwing myself over further and getting in…
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Do you have a debt with Brighthouse ?
Brighthouse (Caversham finance limited) went into administration in 2022, after the rent-to-own company collapsed, the administration was managed by Grant Thornton. As part of this process, a number of client accounts were written off, resulting in them no longer having to be repaid. However a credit management company,…
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Notice of Enforcement for Slough Council from 7 Years Ago
Hello 👋 I am seeking urgent advice, Please. I have just received a letter through my post from Stanford & Green civil enforcement dated 10 May 2024. I am quite shocked by this as I have no knowledge or prior correspondence about this. It came with my old name before divorce. I left Slough Borough in early 2016 after…
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Partially Satisfied
Hi One of my creditors has written to me today telling me they will write off 80% of my balance if I pay the remainder in full by the end of may. The has not defaulted but has had late payments. If I accept this offer, what impact will it have on my credit file? I can only find information about partial settlement on…
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DFNLWs - what did you do next?
Are you one of our fantastic Debt Free No Longer Wannabes? :) For even more inspiration for our DFWs please come back here and let us know what you've done next. Are you now a Mortgage Free Wannabe using our Mortgage Guides to help clear yours? Or are you building up your savings with the help of the Best Savings accounts…
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How best to use a lump sum and going forward
So apologies for the long post but I am hoping with the info a short term and long term answer can be achieved. Initial summary is we have a lump sum of money coming(around 20k) in the next few months and I am wanting to know how best to use it that will help in the short term and also long term. Area where I could use it…