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Council Tax debt
My partner has recieved a council tax demand for unpaid portions of council tax dating back to 1997. Some years it's for less than £100, but others are as much as £800. The debts total £3500. She is only in her late 20's, and has never had a proper full time job. Over the last 3 years, she has been a full time student, and…
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Is this a good plan of attack?
Would it be worthwhile me sending a Statement of Affairs to all my creditors showing how much I can pay them on a monthly basis and asking if in theory they would agree to it and if they would also agree to freeze interest and charges on the account. I would probably also say something along the lines of that if all my…
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CCJ Whilst Bankrupt
Hi, I went bankrupt last June and, having now been discharged, have looked up my credit report. I found a CCJ I knew nothing about on there and have spoken to the company involved (a broadband supplier) stating that the CCJ shouldn't be there due to my bankruptcy. They are refusing to speak to the OR about it, as they see…
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Parents Still Needed For Debt Not In Front of Kids
Hi we're still looking for more case studies for the 'debt: not in front of the kids' campaign (see https://www.moneysavingexpert.com/not4kidscampaign and https://www.moneysavingexpert.com/not4kids) If you've had experience of your child repeating back phrases to you or even suggesting you take out a loan, and you'd be…
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Please - any advice guys?
hey guys - just found your site and i hope you can give me some valuable advice. I currently have unsecured debts of approx £30k and a mortgage on a house worth £77k (not sure what my total mortgage is- ill get to that in a sec). I earn £1080 per month. I have had an appointment with CCCs (very helpful) and they have…
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How much have you spent today? 16/06/05
So far nothing, but have cut "one free smoothie from M&S" x 2 and "30p off any Boots Meal Deal" x 2 out of this mornings metro, whooo!! I actually feel sick. Should hear about the job i went for yesterday, this morning & i feel sick waiting to hear whether I got it or not. I really want it which makes it worse, but i dont…
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Hi I am new Have a question about old debt
:A Hi to all out there, Have been browseing for some hours. Excellent forum lots of good advice and great encouragement. I recently applied to re-mortgage my house, the amount I asked to borrow is 54% of the property value,no problems mortgage offered and accepted. Lawyers have now advised me that mortgage company won't…
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Interesting article today
Hi All, Thought I'd share an interesting article I read today. Apologies, I can't remember which paper it was in, as we have them all at work, but the article basically looked at the growing number of people finding themselves stretched financially and living beyond their means - and ways out of it. It didn't tell me…
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Ccj
Does anyone know if we can try and negotiate a settlement for a debt which has been registered as a CCJ? or because it was registered in court do you have to settle that whole amount?
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What are the practical ramifications of bankruptcy?
I was wondering how one's life is affected by being bankrupt. Can one operate a current account, for example?
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How did you get into this debt?
OK....I was wondering how we all came to be in this position. I have never spent more than £200 on an item and charged it to a credit card. Never even paid for a holiday on one. Plane fares or hotels I have charged up.....restaurants and the odd suit. The vast.....no, overwhelming..... majority of my damage is due to…
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Help What percent will companies accept to settle an old debt?
I've been carrying interest suspended debts for 4 years as I've been off work. I recently got help from family and have a lump sum with which I can hopefully start settling the debts with. I can't repay the whole debt and was hoping someone would know how I go about approaching companies to offer them a percent settlement…
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£80k Debt Bankruptcy?
I am £80k in debt, mixture of loans and cards. I take it bankruptcy is my only and best choice? who is the best person to speak to to get the ball rolling? I have an apt with cccs in 2 weeks, are they the best people to talk to about this? if not how should I start to declare myself bankrupt?
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How much did you spend today 15/06/2005
Morning All. Firstly, I would just like to say thanks to MS_London for coming up with this great idea to keep us all on the straight and narrow. I would also like to say that I am in no way trying to hijack this idea as my own by posting the thread for the last 2 days, Its just that I leave for work early and have no pc…
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query regarding credit rating :(
Hi, I currently have 2 loans and a credit card - however one loan isn't showing on my credit rating for some reason (Experion) I was wanting to apply for another loan to consolidate my credit card and the smaller loan payment - and a close family member will be paying the higher value loan - effectively reducing me to just…
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Letter to creditors.. what form should it take
Hi, I'm currently waiting for payplan to get back to me with their assessment and CCCS have recommended an IVA through debt free direct. I really need to write to my creditors to explain my situation and that I'm talking to the above, as payments are becoming due in the next week or two that I can't make and I'd rather…
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A Little Advice Needed
My debts are not astronomical, but having dropped out of Uni in January, and starting my first full time job a few weeks ago i'm now looking at taking the first steps to debt-free living (well, after one more thing) and building a decent credit history. Currently I have an interest free overdraft from the Royal Bank of…
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time to go bankrupt?
Hello, It's my first time on here, but looks like you all know the score! I'm after a bit of advice really if anyone can help, am waiting for an appointment with a counseller from the consumer credit people but it's ages off and not sure what to do meantime. Basically, the situation is this; I owe about £16k, basically…
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Vehicle repossession
I'm sat looking at the bankruptcy application forms 6.28 and am reading the part where i disclose what vehicles i/'ve own/ed. Apart from the financial pile of dung i've got myself into I also lost my drivers license over xmas and sold the car to a family member in april. I'm a bit worried that when I speak to the OR that…
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In a mess and confused
Hi, At the moment, we seem to never have enough money just to pay the bills, let alone anything else. We were fine for some time, but then our mortgage went up and (the main one) petrol increases have crippled us. Then just as my wife gave up work (she became pregnant which was a bit of a suprise to us!), my firm moved…
