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First time poster - joint loan liability query.
Hello all, First of all, a bit of background; my partner managed to accrue around £60,000 of credit card debt, with the hope that the proceeds from a house sale would offset most or all of the debt. Sadly due to the housing crash, this did not happen and the repayments started to increase (with interest) to the point of…
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Does a quote from an home insurance company affect your credit record
Hi I live in a leasehold flat and my contents insurance policy is due to be renewed on 1st September. I am comparing insurance policies and want to know if a quote from a company recorded by the credit reference companies. Thanking you DFF
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Self Employed hiring a family member question
I am a sole trader (copywriter/social media manager) and I am looking into hiring my partner. Would it be better to take him on as a freelancer so he pays tax etc, employing him and doing the paye, N.I stuff myself or bringing him in as a partner(wouldn't be able to put his wages as a business expense then I am guessing).…
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signed off for 2 weeks sick and pregnant. How can I make some cash?
Hi all, I am no offically in debt but was once and spent along time on this thread so feel at home posting on here. I have been signed off sick for 2 weeks and the doctor wants me to spend as much time sitting as possible. I was wondering what things I can do while sat on the pc that are productive. (not playing facebook…
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long term effects of dmp on cc's and loan
Hi i have a dmp andhubby self dmp. As they freeze interest and charges do these get added on at the end or just simply wrote off? (cant see them allowing that).
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Debt Advisory Line
I've decided to pay my creditors myself as I will be 5.3 years before I get everybody payed off with DAL My point is will I be penalized by DAL, should I just call my creditors and come to some sort of arrangement . Please help. The stress is unbearable. Any advise would be greatly appreciated
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debt management company discussing my finances a year after i have left them???
i sent a SAR to the debt management company i was using. I left them a year ago, since then found alot of mistakes ect even debts that are not actually mine! anyway... I have just recieved the results of the SAR. It shows Barclay card writing to them saying i do not owe anything, yet they still took my payments for 4 years…
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Better than loo rolls
If you're lucky enough to ever go into a cafe or restaurant 'half-inch' the paper serviettes as well as the loo paper- they're thicker and more absorbant but do it surreptitiously as you're probably on CCTV, not that I think you'd be apprehended. I haven't been yet!
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Credit Card Settlement - What to do?
I have just downloaded a credit report, there are six credit cards on it - three of which where the debt has been sold on. I don't really understand the difference between the current balance and the default/deliquent balance? Also because the debt has been sold on, is the current balance todays balance or from when the…
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nearly DF - advice on next steps
Hi folks I'm about 2 months off being DF :j, I am mixed on excitment and nerves! I want to make sure that with my extra money each month, I am being sensible! At the moment we are throwing £1000 per month at our debts so in effect will have £1000 "spare". What I had planned to do with it: £250 - overpayment to Mortgage (on…
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New mortgage and DMP
Hi, Really need you help with this one. I have quite a complicated financial situation and am not sure where to go with it. I have recently moved with work but couldn't sell my house so rented it out and am renting a property in a new area. However due to various problems I have set up a DMP with debts of about £35k but my…
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Think ive made a mistake.....help!!
Ill keep this as short and simple as i can. I wish to remortgage after being tied in for 5 years at 5.78%...i was going to wait till november as i have 6 credit searches on file ( from swapping credit cards to better rates & opening a bank account)so at least 2 of them would have dropped off. My LTV is going to be 74% on…
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Got ourselves into a very deep hole
I am just after some general advice about who to speak to or where to go from here, as we are drowning.... Is an IVA our best option?? I am not looking to be preached to please, or told what I did wrong, what idiots we are, etc, as I know all that, I am just trying to get advice on figuring the best way for us to sort it…
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Where to start?
I have decided it's time to tackle the debts that I have following me around. I've had my head in the sand for some time and now I'm getting letters and phonecalls which are starting to really bring me down. I have two debts with LTSB. One is a credit card which is around £3100 and the other is an overdraft of about £2000.…
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10 year debt still holding me back
Hi all I'm 32 and stupidly got myself loans and credit cards between the ages of 21 and 24 thinking I would pay them off without a hitch. Unfortunately when I was 26 I had a spell of depression and on the advise of my mother I went onto incapacity benefit and raked up a ton of debt! I'm now in between 15k and 20k of debt…
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Ooooold postal order, refund?
Hi my lovelies, Was having a clear out and found an old postal order for £10 made out to HSBC, which they returned to me after I sent it to cover fee to get a copy of my bank statements. It's from like 4 years ago, is there any way I can get my money back from Royal Mail? I'm sure I have the receipt somewhere. I've read…
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Charging Order and DMP query
Hi all One of my creditors (Nationwide) is looking to request a Charging Order in the near future - got Court Papers this morning :( . However, I am currently on a DMP with CCCS which is being paid. So, if the Charging Order is granted, are CCCS still obliged to still pay Nationwide under the DMP as having the Charging…
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Still getting pestered by Lowell Financial Ltd
This letter is from 10,12,10 after I sent them a letter RE a debt I don't acknowledge due to non payment of the above sum we have been instructed by macenzie hall limited, to collect this debt on there behalf. an authorised collector will make a visit to your property within the next 10days should our collector inform us…
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Proof of debt
My friend needs to write to a Debt Collectors asking them to prove a debt is hers and for the signed contracts. I know there used to be a letter for this but I can't find it !! Does anyone have a link please xx
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could i have a little advice - whats the next step?
Ive got 12k debt - barely no income ive done my SOA thing, ive had advice from CCCS so, ive opened a new account with a bank i have no debt with, ive moved my income into that account, ive moved important DD to that account, now what do i do about my debt repayments? Do I write them all a letter offering them what the CCCS…
