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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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About to begin a DMP with £53k of debt.
Hi everyone, I posted a thread a few months back discussing my financial difficulties and the solution was to hammer my credit cards before the interest periods started. Whilst I have tried to do that, our mortgage has now gone up an additional £300 a month and we have had to replace our car. The interest free periods are…
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Debt has finally caught up with me
Don't even know how to start this tbh, so I'll just summarise for now. I'm about £56k in debt over a number of loans and 3 credit cards. Until around 12 months ago, I was easily able to manage these debt repayments, and just about get by. A bit of history...It all started around 10 years ago with my divorce, when I ended…
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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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Bit of debt advice please
Hi Guys, I’m new to the forum and just after a bit of debt advice So recently I woke up and realised I’m 43 next month I have £22k of debt (2 loans, 4 credit cards(1 is only £200) and Klarna £299) and zero savings 1 of my loans has only £606 on it left and I plan on paying it off next week, this will free up £202 a month…
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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…
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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…