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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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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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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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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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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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Virgin - no default after 6 months
6 payments have been missed on my Virgin cards, still no defaults and they still continue to apply interest and charges. How long can this situation continue? Thanks.
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Santander and DMP
I have recently taken out a DMP which is due to start on 1st April. Included in the DMP is my £750 overdraft with Santander, of which I had used just over £700). The bank have now removed the overdraft option but is still showing as being overdrawn. I have applied for another basic bank account with Co-op but was wondering…
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DMP the right thing for me? Help!
Hi all, So glad I found this forum. After hours and hours of reading, I believe DMP is the right choice for me. Advice greatly appreciated. It’s taking me a long time of fighting, paying huge monthly amount to debts (£2100) which is almost all now out of 0% terms (can’t get another 0% card as level of debt in my name) and…
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Help - Cabot and Mortimer Clarke Solictors
I hope someone can help. In 2005, I took out a credit card with Lloyds TSB. Due to a change in financial income, I stopped paying Lloyds in 2014. Stupidly, after getting numerous threatening letters by Cabot, I paid them a nominal £5 a month from 2017 until around May 2020 when I ceased payments. So it’s not statute…
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Received a County Court claim for Statute Barred debt, how do I defend? (Lowell)
Hi, This debt defaulted approximately 15 years ago and I've had letters from various debt collection agencies and solicitors but I've never dealt with it due to mental health issues. I've now received a claim form from the Civil National Business Centre (Northampton) I've started the process of defending it online via…
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Is it a good idea to use a loan to partially finally settle a defaulted debt.
When I first moved out I got overexcited with credit cards and ended up with just over £6000 of debt. Due to a variety of reasons, including my fiancé having to leave her job for medical reasons, I had to default on payments about 2 years ago, and haven't been able to pay much back into it since. We've since moved back in…
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Steps Before Starting a DMP
Long time lurker here finally taking the first step towards pulling my head out of the sand and facing up to the hole I find myself in... In the past four years I have accumulated around £18k in credit card debt as a result of poor budgeting during a house purchase, 2 maternity leaves and loss of income due to reducing my…
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Very - Home shopping
Looking for some advise! We’ve had a dispute with Very over interest charges applied on a buy now pay later order which they extended payment date of in 2021. As part of the dispute we submitted a data subject request and found out that the account was not in my husband’s legal name. The account is in the first name he…
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Which option is best for me?
Hi, I am looking for some advice about which debt solution would be right for me and been going round in circles since October. I am in default on all but PayPal and loan has gone to DC who I haven’t yet contacted. I have ADHD and have struggled to manage money and debt all of my life. I have posted my SoA below. I am…
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Realised partner is not on council tax
I’m really just wanting some advice on what to do. I’m really ill about this and am barely sleeping/ eating. I come to do my usual ‘spring clean’ which is usually looking at bills, making sure everything in order. Everything was fine until I come across the council tax bill. From February 2023, up until now I have been…
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Debt Collector help / advice needed
Hi all Need some advice or help with a debt collector agency, Lowells / Overdales solicitors (which is really Lowells) / and now also engage Services Over two years ago (2022) I started getting numerous letters from Lowells saying I owed some debts I ignored the letters at first due to not knowing anything about the debts…
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Lowell Phone Calls & Text Messages
Hi all, First post on MSE forum and have searched for Lowell issues and may have similar issues to other poster but not quite the same! I currently have umpteen missed calls from 0333 556 5564 (assumed to be Lowell) including a handful of text messages from Lowell citing: "We've been trying to contact (name removed) about…
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CPA refund from bank
Hello all, I’ve been a lurker for a while but finally decided to make an account! This is a bit of read so I apologise in advance. So… I ended up in a bit of a bad way with payday loans and I’m in the process of starting with StepChange. I contacted my bank on the 3rd of April to cancel the CPA’s to the two payday lenders.…
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Temp switch to IO on mortgage to clear debt?
Just wanted to run this past you lot. An idea I had as an alternative way to clear some residual debt. Please pick holes in the plan, as always your feedback and guidance is valuable. I had posted on anoher board but feel this is better placed here for more concentrated advice. My current mortgage situation- house value…
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How to improve credit rating after paying off a DMP
Hi all Has anyone recently paid off their DMP? I paid mine off in Feb 2023. I have one Credit Card which i pay off in full every month. Which is the best way to improve my Credit Rating? Thanks
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Lightbulb moment - but now queries.....
Hi Everyone! I had my lightbulb moment about a month ago. Already stopped DD's and any payments. With the exception of 1. I have a loan through Salary Finance which comes out of my pay before i receive it. Any idea what to do about this? I work in Financial Services so I don't think it will look good from a work…
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First default letter, what next?
I posted a few months and got some excellent advice. I have various credit cards and loans outstanding and have been ‘non-paying’ for a few months awaiting the default letters the first notice has appeared, obviously demanding the full amount. What happens next? Do i contact them and make a payment plan or wait until it’s…
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HMRC debt
I owe approximately 20k to HMRC in unpaid tax from the covid period, i was paying this down on a monthly instalment plan until the middle of last year when it became simply impossible to continue-point is there was regular movement on the debt until relatively recently it has been ominously quiet since, the occasional…
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Resolvecall letter
Hi all I've had a letter from Resolvecall advising they're acting on behalf of Intrum (never heard of either) to collect a debt owed to Halifax. The account in question is probably 15 years old, and doesn't even show on my credit report, nor have I ever had a CCJ for this. The letter states that they will be visiting my…
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Letter from Intrum/Resolvecall - Nothing from them over 15 years!
Hi, Been a while since needed advice/thought on subject but hope all is good with everyone! Received letter from above regarding what appears to be debt of £3k relating to mbna account. No further information is given in either letter from Intrum nor the enclosed Resolvecall letter. No date of original debt, when it was…