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Defaulted CC advice - statute barred?
Can someone advise me ref my partner's debts? I'm nearly debt free myself thanks to this forum (under another username but I don't have those details now) :smile: My partner has 2 old CC debts, one hasn't had a payment/acknowledgement on it for at least 8 years so I assume this is statue barred? He's been getting letters…
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Debt management plan uk
Hi all, new to the forum so hope I've posted this in the right place. Just taken the first steps in addressing my debt spiral and looking for some advice on debt management plans in the UK I'm 31M , married with 3 kids, in rented accommodation. I have debts that have risen to £13.5k across 2 personal loans and 4 credit…
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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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Struggling with payments and think I’ve made a mistake
Hi. I'm hoping for some guidance please. It’s been a tough couple of years. My partner lost his father, followed by the collapse of his business. He was in a dark place for a while. As a result I’ve been trying to manage everything on my salary. I’m self employed and I’m busy but of course time off, sickness, bank holidays…
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Overdraft and possibility of sudden removal
Posting on behalf of brother - ( I seem to have become everyone's financial adviser since getting into this site!!) Nephew is 34 years old and worrying about his overdraft. He has an overdraft of £2250 which he regularly uses up to his limit, but never exceeding it. He received a letter from the bank a while ago about his…
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Secured and Unsecured Debts - struggling to make payments
Hi All I was wondering if you could help me please? I'm currently struggling to make payments on my debts (mainly credit cards and 2 secured loans). I'm able to continue to make the payments for the secured debts, however the credit cards are starting to cause me some issues. From looking at the previous advice on the…
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Letter regarding debt we've never heard of.
Hoping this is the correct board to ask and that someone might point us in the right direction please. My husband received a letter from a debt recovery company saying he has an outstanding balance with Abbey National for over £4k. He hasn't banked with them for over 20 years. He had an account there with his ex-wife at…
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HMRC Simple Assessment 2018-2019 debt
Hi everyone, I'm currently in the process of setting up my DMP and have tasked myself with opening/filing/throwing letters I have recieved. I reopened one today, which I had forgotten about. In Dec 2023 HMRC wrote to me saying that I owed £505 in tax from a simple assessment calculation where I was incorrectly given…
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Newham Council introducing a new app for local residents to manage their bills
Hi all, I have seen on LinkedIn that Newham is offering local residents free help managing their bills with a new app called SuperFi, anyone seen this? Think this may benefit some people on this thread.
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Advice please
Good Evening People! I don’t know how to start but here goes. I have always had debts but have always managed to stay on top of them until recently. I have 8.5K with Barclaycard these being multiple balance transfers paying £400 a month but due to be charged more interest as coming to the end of my 0% offer. I have 3.5k…
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Halifax closed my accounts. Do I still get my fixed interest?
Hello My wife and I have banked with Halifax for over a decade. No major complaints (though we have the usual small ones). Last week, they texted my wife to advise that they've decided to close all her accounts in two months time and that they have removed her online access with immediate effect. We called them for an…
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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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Tm legal chasing very old debt
I have been receiving letters from them about a very old debt from the lending stream. They have said an ccj has been issued for this debt and now they are arranging for someone to visit where I live. I was ignoring them as I know this debt is way over six years old(more like 9/10) and there is nothing on my credit report…
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Collection agency letter advice please
Hello everyone, I've been having some difficulties with a company that I had a website with, I took out a 12 month contract for a website and cancelled the website on the 12th month before the contract renewal as I no longer wanted the service. Unfortunately the customer service was terrible and despite cancelling my…
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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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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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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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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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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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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…