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Debt Sold On – Different Balance
I had an old Vodafone debt (that the more I look into the more I think I should have disputed, but that's another story) that was with a DCA, with a remaining balance of about £45. It's been on my DMP getting a fiver a month, but with the balance so low I was just going to pay it off when I get paid this month to get rid…
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Lucas credit want money for Sky
Hello all, I received an email from an outfit called Lucas Credit Services who wanted £90.49 that I apparently owe Sky. I phoned Sky and they were unable to tell me what the debt was for. I thought this was quite odd, so asked to speak with someone else who might be able to. I'll say now that when I left Sky I made sure…
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Northern Rock
Hi Guys First post so please bear with me. I took out a loan with Northern Rock in 2003. When the world fell apart I lost my job in 2009 and eventually ended up having to claim benefits. I contacted Northern Rock and asked to put my PPI policy into action. They told me that there was no insurance taken out on the loan and…
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Any help appreciated :)
Hello everyone I have just joined this forum today so please bear with me! I'm 26 and have got just under £13k of debt. There is no excuse for it - I've been stupid and have never understood the value of money. I had my lightbulb moment about a month ago where I just thought...what are you doing???? I feel like it was a…
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Struggling with debt
As my header says i am struggling with about 4,000 worth of debt back in febuary i contacted a debt mangerment company and i gave them all my debt details. I arranged to pay 23 pound a fortnight to clear my debt it came back it would take 7 years to clear my debt completley. They gave me two options i could go down th DRO…
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Question re accepted payment offer please
Hi Marlin/Mortimer Clarke have accepted my proposed payment offer for a CCJ they took over from Nothern Rock. Can someone confirm if i should be asking them to confirm the debt will reduce with the payment/annual statements will be received before i start paying or should i just start paying them I have asked them too…
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Is this normal?
Have lurked on the site but this is my first time posting. OH and I got into financial difficulties in 2004/5. Originally set up a DMP with Payplan in late 2005. OH became seriously ill in 2006 and has been unable to work since. Payplan were unable to continue with our DMP due to insufficient money to make more than token…
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Monday 28th April - What small DFW things will you do today?
When we start out on the Debt-Free Wannabe trail we do loads of big "stuff" that makes quite a difference to our situation. These include having our lightbulb moment, cutting up the credit cards and cancelling Sky and the Gym. But once we have done the bigger stuff, we often feel that we are not making the same amount of…
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Advice needed!
Hi All, Long time reader, first time poster. Not sure this is even the right place to post but here goes! Silly actions in my younger years led me to burying my head in the sand over a debt to littlewoods which was subsequently passed to capquest. I recently received a letter from Northampton county court saying that…
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StepChange or PayPlan Debt Management Plan
Hi all. I'm thinking about signing up to a Debt Management Plan with one of these charities but I have a few concerns: - I'm currently managing my debts personally and they all have frozen interest; is this likely to change with a Debt Management Plan (I don't want to be paying more than I have to for longer than I have…
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23 years old with £1,600 debt. Wages going down. Help.
I'll keep this short. Basically my hours at work have been basically halved this year which obviously means I'm earning half the I was last year. I'm on a £7 an hour retail job. I have £800 on a catalogue that's coming in at around £45 per month for my bill. I'm also living off my overdraft which is £800 and as good as…
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Choosing a DMP Preferred to IVA? why though ?
What are the main reasons, that a person in debt (credit card + loans) who has no property to own.. -why would choose/prefer to be in a DMP, compared to an IVA? Even though both the DMP + IVA projections might come up with the same monthly rate ? what are some reasons, that a DMP would be preferred to a IVA, even though…
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Advice about creditors and DMPs
Hi there I'm new to this and would like some advice. Over the past 5 years I have built up a debt of about £42k and now have started to look at entering a DMP with step change. My worries are about my creditors. I have a personal loan with nationwide of about £14000. Does any one have any experience on them and how they…
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Do DMP Companies contact Creditors or the Collection agency ??
Will the DMP company, contact the 'original creditors? or the Debt collection agencies? Most debts have been passed on to Debt collection agencies, as Many months have gone by: Eg, Creditors = Rbs Santander LLyds TSB Halifax But their Equivalent Debt Collection agencies are: Westcot, Harley Legal Pjcds Morgan stanley So,…
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Do Wescot Purchase the debt? (from LLyds, Halifax) ?
The Debt collection Wescot, when they send you collection letters of debt of credit cards Llyds Tsb and Halifax, and phone calls etc. Have they purchased, (I mean 6+ months since a payment has been made, and arrangement has been made) or they are just acting on behalf on them, with Llyds and Halifax still being the…
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End of my tether
Hi all, I am reaching near the end of my tether, every single month i'm chasing my backside, paying roughly £100 charges every month to the bank for going overdrawn, (on top of overdraft interest) I recently had the bank ringing me up threatening to end my overdraft if I didn't "get my act together" , I've got a £500…
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now I have a plan.
My last thread was taken down by the team as it contained a lot of comments from others that were too personal and out of order. For now I would just like to say a huge thankyou to those that commented with constructive thoughts and gave me great advice and most importantly were non- judgemental. For the record, yes I have…
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Court Interest Charges
Hiya all, My friend has a debt of £5000 to an individual ( a very long story ) Anyway it went to court in 2012 and because of circumstances this has not been paid In Jan 2014 he received correspondence from the individual asking for the £5000 for which she agreed to do by the end of March which was agreed - via email…
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Debt? DEBT? DEBT?! How much?
Hello, I wonder if you could help me. I have a LOT of debt. Mostly I can't even remember who I ow too. Is there a way to find out every bit of debt I have? Thanks
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Finance Express?? Who is this likely to be??
I may be back for more advice .... If and when my brother actually asks me for help...! In the meantime...I'm just trying to get a bit prepped by finding out what I can first... 82yr old Mum just off the phone to me in a panic saying she has had several calls for my 59 yr old brother from this co. He lives at home,…