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Debt-free wannabe

Archives for June 2010

freezing interest on credit cards
HI, this is my first post.started DMP in Jan 2010 most of our creditors have reduced or stopped interest BUT barclaycard are still charging about 12 % on 2 of our cards which is still pretty high. has anyone out there managed to get them to stop charging interest. Its going to take even longer to pay off our (not…
Could anyone help me ASAP please?
Hi Guys, it's been a good few years since I ventured over here, but I really need to help a friend in need! Basically she paid a deposit and signed for a house/mortgage today, then an hour later she received a call, saying the underwriters had done a credit cheeck on her and have found her owing a 4 figure sum. The problem…
Question about token payments
After talking to CCCS I was advised to offer token payments (£1 per month) towards my debts. As I occasionally get some extra shifts at work would it be ok to send more than the £1 token payment if and when I have extra money or would the companies I owe then expect more than the token payment every month? Sorry if its a…
Need help please...
I am having serious trouble with finances at the moment as my partner has just graduated uni and is having trouble getting a job. Incoming PCM My salary - £948.51 Partners salary - £0 Benefits - £0 Total - £948.51 Monthly Outgoings: Mortgage/Rent - £475 Council Tax - £90.85 Gas - £unknown Electric - £61.43 Virgin Media -…
Cabot - CCA/Late Default - One for the Pros!
Hi all, I have just been reading about unenforceability/CCA requests etc. I had a loan with HSBC back in the day that got passed to Metropolitan and then to Cabot which I have been paying as part of my DMP with payplan for some time. I also, earlier this year, got a F&F on a much smaller debt (barclaycard) that is now…
mortgage missed payment+need your advice please
hi we have missed our mortgage payment due 28th june(we are paying it 2nd july)however we have just received a call from halifax(did not answer)googled the number.this has got me a bag of nerves. we are currntly on a dmp with payplan with over 40,000 of debt been with them 4 yrs.also we have unfortunateley a picture loan…
full and final settlement advice please
Have sent out my settlement letters as per template and had one out and out no, another wanting to know where the money is coming from and to send hospital or doctors letter as proof I cannot work. Do I have to tell them where I have got the money from, it's £5grand ish and what do you do when they refuse offer?
Meritfarce/Muck Hall
Hi everyone and thanks for any help. few weeks ago i received a letter from meritforce stating the usual, someone coming round in 10 days blah blah so i ignored it. the debt i have was from years ago and i know they specialise in unenforceable debt. i got a free experian report and had the guy update it and nothing on my…
Being hassled by 'Equidebt'
About 3 or 4 years ago I got an overdraft with Natwest (worse bank in the world) I was working at the time.. and over a year or so I gradually increased the overdraft to £280.. I lost my job in 2007ish so couldnt pay back the overdraft and was currently on JSA.. i was 50p short one day for a direct debit coming out (even…
CCA Arrived
I've recieved my credit agreement from M&S dated 25th Jan 2007. Credit limit: Your credit limit will be the amount determined by us from timt to time and notified to you. We may limit the amount of cash advances if we do this, we will notify you. Repayment Schedule: Although not listed by title there is a section stating '…
Help! Letters coming from all over!
Hey guys! Right, well I have 4 debts, all with Lloyds. I have been struggling with the repayments and Lloyds were offering no help so I signed up to a DMP with Churchwood Finance. The thing is, Lloyds keep ringing and bombarding me with letters, I've been contacted by Fredrickson International regarding 'personal matters'…
Eso1967
Hi, I am a newbie and joined today...Just a quick outline..2005 husband had road traffic accident he couldn't work for nearly 3 years, had debts at the time of £41000, took advice from National debt line and now in debt management with Payplan down to as of todays date £32000. Unfortunatly i'm now in ill health (some of it…
DMP before IVA?
Sorry if this seems a dumb question. We have been in contact with the CCCS and have been advised to go for an IVA (which scares me) or a DMP, my question is would it be better or worth going for the DMP before IVA?
ZHR's SOA
Please see below my SOA. Having recently seperated from my partner of 7 years - there is a glimer of hope of recovery but the outlook isn't good. I need to start planning for the future. And if we do get back together, i can really start dealing with the debt. It reflects a situation with no rent etc (due to the way we…
Insurance Settlement, Benefits & Trust Funds
I have just been advised after many years of legal wrangling that I will be having a substantial insurance settlement shortly coming my way. I receive benefit help from the government and the insurance company has advised me to set up a trust fund to avoid the government stopping my benefit. As this settlement is to fund…
Another new day to add to July: The No Spend Day
:jWELCOME TO THE JULY NSD CHALLENGE:j July already has St Swithin's Day, St Christopher's Day, anniversary of the first moon landing, Henley Regatta, Wimbledon finals day - why not add our No Spend Day to the list, after all not giving any of your hard-earned money to those nasty retailers is something to celebrate!!:j Our…
CCJ Information
Hello, Can anyone explain what my situation may be regarding CCJ's. I left the UK in Feb 2006 and have not lived or worked there since then. When I left the UK I had a DMP with the CCCS, I lost my job and could not keep up the re-payments, but was offered a job in Ireland and decided to take up that offer. I now live and…
Bank closing account turns out to be a good thing!
Hi This is my first post but I've spent quite a bit of time reading other threads and I'm really impressed with how helpful everyone is on here. My situation is that my partner and I currently have debts totalling around £24000, but until October last year we had managed to (mostly) keep on top of all the payments. Then in…
Newbie SOA - Thanks
Statement of Affairs and Personal Balance Sheet Household Information Number of adults in household........... 3 Number of children in household......... 0 Number of cars owned.................... 0 Monthly Income Details Monthly income after tax................ 1683 Partners monthly income after tax....... 0…
Very happy but confused?!?!?
I called Triton Credit Services this morning regarding a 20k debt I owe to Natwest for a professional training loan + overdraft and they told me that the debt was in the process of being written off. I asked the guy what this means, and he said that it will just go as a bad marker against your name, ut other than that you…

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