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ignoring debt
I owe £50k of credit debt. I have been ignoring my creditors for two years now, and they haven't done anything. I live in rented and have no assets. i'm not working. Am i doing the right thing or should I try and pay them something?
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Lowell old debt five years old
I have a Capital one debt that Lowell bought in 2007 and its ppi over the limit and late payment charges. Since Lowell bought it its been round three debt collection agencies and been passed back to Lowell as no one could collect even though they threatened me with a ccj bankruptcy etc. Lowell said if I don't come to an…
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Selling your Musical Instruments
Hi Guys I am in the process of setting up my Music Store and I wanted to get your opinions on an idea. Aswell as selling new stuff online and in store, having an area where public can sell their musical instruments to me abit like Music Magpie and Mazuma mobile. Your Thoughts please. Regards Denzel
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Progress and good news
Ok so just writting down today so I feel happyier about my progress!! Today I managed to settle an £312.00 debt with Capital One for £240.00 Closed the account £286.00 debt with Littlewoods for £154.00 Closed the account I feel drained and shocked today... I owed littlewoods £96 for product purchases, the rest was actually…
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Figured out my spending for July, looking ok
So I have been monitoring my spending this month, and this is the first calender month I have watched it this close. Having done alot of maths today I have worked out that I was paid £575 and I spent £586.99. That includes £115 a year of road tax and me having a bit of a relapse in the middle of the month by buying make up…
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IVA help
i recently took out an iva (3 months ago) after i couldn't pay offmy £24,000 debts! set up a £200 a month iva, but this is still a problem as i am back in my overdraft and struggling for money. is it possible to reduce my original monthly agreement? or would bankruptcy be the best option? any help is much appreciated
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Payday loan
I have a payday loan that I am really struggling to pay off as the interest is so high. It is with a company called Quick quid. Just wondering if anyone had had dealings with them and whether they accepted a repayment plan. I don't want to go down the route of a debt management plan for my other debts as I am managing them…
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Could do with some statute barred advice??
Hi everyone, I could do with some advice. A letter adressed to me was sent to my Mother in Laws house recently from a company called Mackensie hall. I have dealt with them in the past over another debt which I stupidly admitted to and ended up paying back at £5 a week for years and I finally paid it off at the beginning of…
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Partner being chased for joint debt
Hi all, hope this is the right forum to post this question. My partner has divorced and after a long winded court procedure has a court order stating the former matrimonial home has to be sold and the mortgage and two joint debts to be paid out of the equity (not much but enough to cover all debts). Her ex is still living…
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Searches on Credit Report
I have just registered for the Equifax credit report and have noticed a large number of searches, 53 in total :eek: Majority of these searches are from 2010 but one in particular is from January 2010. How long are searches meant to stay on my report for? I also have a credit agreement with Virgin Media and the status is…
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Cabot Financial - Final Settlement
Hi. I took a loan for £10,000 in 2003 from Lloyds. Started making late payments and was passed to Cabot Financial. Since 2007 I have been making regular payments and have brought the balance down to £6,000. Spoke to Cabot Financial and they have agreed £3,300 as full and final settlement. They promised to mark the credit…
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No Money, No Honey
Hello everybody I need some advice. I am having a financial meltdown, this is it: £3500 overdraft which I've almost exhausted (£150 left) £4000 bank loan + interest (which I'm paying off £124 a month) £700 on Credit card (which I'm paying off sporadically) Plus living expenses So as you can see I'm over 8 grand in the s**t…
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UK debts and Son living abroad.
Hi all, I am after some advice on how to proceed. Bit of background, Son was working untill 3 months ago when he lost his job and decided he wanted to live in Ibiza for the summer. He moved there and has a couple of casual jobs that cover his bed/board and not much else. He currently has an Overdraft with Santander of…
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Defaults removed?!?!
Ok, so been a couple of months since I contacted Lowell regarding Shop Direct, 3 mobile and 02. National Debtline said my first port of call was to ask for my debt to be wiped and to send evidence that I was experiencing mental illness around the time of accumulating the debt and that I still see someone about it etc. And…
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Halifax default not removed
1st credit have bought my Halifax overdraft debt but Halifax have not removed their default from my credit file. Seeing as they are no longer the data controller and 1st credit are can they keep the data on my credit file and what can I do?
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just getting things off my chest
Hi, I am new here and have been reading the threads with interest. My situation at the moment is that we owe £22000 in loans and credit cards. My husband is self employed and is currently unwell - he suffers from cluster headaches/chronic migraine and is now also on anti depressants. In addition to this he has hardly any…
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bad credit, need new bank account
can anybody advise me of a bank from which i can start up a new joint account with my other half? i need to move away from my current account and close it due to payday loans coming out which i cannot afford. i look forward to your replies :beer:
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Over 6 years old debt?
am already on a payment plan with creditors and then today I get a letter from Lowell saying I owe HSBC, asked the woman and she said the debt is over 6 years and old and the last payment was in 2001 on the account? She seemed awfully keen to get it sorted, I questioned whether it was mine (it was) but isnt there a statute…
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Reasonable assumption?
Following from my other thread and reading plenty of other threads on F+F settlements, is it realistic to consider that your debt is actually about half of reality or less if you have been in a DMP for a long time? What I mean is that if you owe say £40k, is it reasonable to start thinking that if you could come up with…
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Full & final after token payments with DCA?
Hi I have a debt with Friedrickson DCA for Ann Summers (I was a party organiser,my then boss sent back kit while I was in hospital and never kept proof or return so I was charged for it) They added charges until it was £524. I won some money so offered them £300 to clear it, only to be told they wouldnt accept anything…
