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TV rental advise please :)
Hoping some wise people on here can help me. My parents are in finiancial trouble and im trying to help sort it out for them. Personally I think BR is the way forward (they are 52 and 61) but they wont have it (they have no assets). My dad is off work due to ill health and my mum has depressions, which is pretty bad at the…
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Advice on final settlement figures please
Hi, I'm posting this message for advice for my lovely sister in law who got ripped off by her husband when they divorced and basically got saddled with all his debt. She has been paying it off ever since. She is left now with debts of approx £8000 to Lloyds TSB (credit card) and around £8500 to MBNA. She is thinking of…
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cabot financial and related companies
recieved a phone call the other day from a DCA acting on behaf of cabot financial for an unpaid credit card bill dating back 10 years at least, now i did acknowledge the debt over the phone and i was told that the conversations were recorded but after being woken up at 10 in the morning after being on the nightshift i…
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How many DMP's have gone well?
Hi I am just about to embark on a DMP with payplan. I am interested to know how many people are there who have been on DMP's which have run smoothly and where creditors caused no trouble for them. I am embarking on the DMP with some trepidation but feel its the right thing for me to do Thanks daz
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overdue payment charges?
Hi I was jut reading another thread nd someone said that overdue /late/missed credit card overdraft charges are recommended to be £12 by the OFT - is this true?
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Financial Problems
Hi, Over the past few years my wife and I have accumulated a ridiculuous amount of debt and are finding very stressful to cope with it. We can just about manage our outgoings, but my wife's hours have now changed to part-time and it can sometimes be difficult to keep up financially. The debt isn't currently increasing but…
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Help please for a friend.
Hi All Not posted for help before but here goes. Have a friend who received a letter from DLC chasing a debt. She did ring them (wrong move I know, they got her phone number!) and they told her the debt was from October 2004 but could not say who it was from and asked her to ring back when a manager was available! She…
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Moorcroft Debt Recovery Ltd
I am currently on a DMP with CCCS they have been making monthly payments to NEXT for the past year without missing a single payment. Today I received a letter from Moorcroft saying that they were acting on behalf of their client the letter stated the following:- This is a notice of INTENDED LITIGATION before legal…
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Selling Stuff!!
I had to go shopping today (food)...tried to be good and watched the pennies. Came home and decided to trawl through my wardrobe and put clothes etc on ebay. I hope they sell. Received letter from credit card company charing me £24 for over limit fee....ouch!! What to do?? I am writing to them to explain the charges are…
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Attachment to Earnings advice please?!
Hello, I've recieved a letter in the post this week and it is a default notice which states I need to pay £1118.64 arrears within 14 days otherwise they will apply for a Attachment/Arrestment of earnings. I contacted the creditor a few months ago to negotiate a new monthly direct debit amount. I was paying £25 a month and…
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Default and CCJ elimination
Hello there, Newbie here and it's a pleasure to have found this site, I feel much better already before having even posted my letters. I have prepared letters and cheques using the CCA letter at the top of the first incarnation of this thread (three for defaulted credit cards and one for a CCJ's loan). The one of most…
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Does paying a higher amount raise the early resettlement figure?
I was wondering: if a borrower has made reduced payment arrangements with creditors and/or agencies to whom the debts have been sold, should they then decide to make an offer in full and final settlement, would the level and legth of time of the reduced payment to date affect the acceptance? In other would would a track…
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Credit card confusion
Can someone just read through this, I think it makes sense to me but I don't want to get myself into a bigger mess. I have 2 credit cards one with MBNA and another with barclaycard I had them both at 0% and thought I was managing ok but I wasn't and haven't been able to clear either card by the time the 0% had run out.…
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reliable collections letter help please
hi wondered if anyone can confirm and put my mi nd at rest please? had letter this morn from reliable collections, they have been recently contacted by my debt case worker re token payments. they confirmed it could take them 6wks to look at this. their letter today says,ive ignored their letter which i have not and now…
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Thank you
Hi all, I am finally debt free and I just wanted to say a massive thank you to everyone, yes every single one of you. I picked up a lot of useful advice and inspiration by lurking and reading a lot of the posts on DFW so thank you all. I would also like to personally thank Psychopathbabble, Jinky67, Gwen80, LeeSouthEast,…
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HFO Services - Letters Re Non-Existent Debt?!
Hi! Hope I'm posting this in the right place... I'm looking for some advice/opinions. I've received letters from HFO Services with reference to an unpaid account with Barclaycard amounting to almost £3000. The letters are threatening the usual bailiffs and court proceedings and have come completely out of the blue. The…
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Starting out on a DMP with CCCS
Hi there, i am in the midst of setting up a DMP with CCCS and i am a little confused so hoping for some help. They have told me today my payments would be 293GBp to them monthly- do i then stop paying all my debts?? Or do i continue with the normal ones and this will pay off my arrears? I am a little confused as the figure…
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Debt Advice - Am I doing the right thing?
Hi there, After finishing university I was left jobless and homeless. :( I moved back in rented with my mother and got a 0% credit card to support myself at the time. I also had -£1000 overdraft on my current account thanks to university. (0% too) I now have a Job earning a measly £640 a month. I have a new 0% credit card…
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Pace Forward/Rockwell & Lloyds Current Account
Hi, I'm just after a bit of advice. Last month I received a letter from Pace Forward informing me that I owed £1,569.51 and the original lender was Lloyds TSB. I had no idea what this was for (I did have a CC with them but the final payment for that was made a few years ago) so sent a CCA request. Today I have received a…
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Newbie and terrified
Hi All, I'm just on the verge of agreeing to a DMP and I'm quite frankly petrified. My husband lost his job last year and like many we have been robbing Peter to pay Paul in the hope that it would get better. He is now working part time but earning a fraction of what he used to. We are not behind on any payments yet but if…
