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CCJ at 6 Years
Looking for some help on CCJ's, specifically at the 6 year point where the statute of limitations applies. What I'm confused by is this: A CCJ is granted and the defendant ignores it for 6 years - at this point it cannot be court enforced and is removed from the credit register. However, it seems that if the defendant…
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Threatening letters from banks...HELP PLEASE!
Just a summary so far. I owe almost £40,000 to Barclays, Natwest Loan, Natwest Credit Card and Natwest Overdraft. All credit was issued on my South African passport and unsecured debt. I have no assets in this country. I am now returning home after 14 years of being here & cannot afford to pay the debt. I stopped payments…
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Acknowledgement Letter sent in error ?
Hi I am currently working on becoming debt free and have settled most of my debts. I have one which I have been trying to negotiate with and received a letter stating "we accept the payment made on x date of £10 to settle the above account. Our client will not pursue any outstanding balance on this account" My question is…
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Statued barred debt
Hi there Advice appreciated please! I have received a letter from Cabot Financial claiming I owe over a £1,000 to the original lender Monument. I'm pretty sure that this debt was over 6 years old so I checked my report with Experian and it is not there and neither are any other debts that I had and defaulted on over 6…
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Creditors not showing on credit file
Hello all, Hoping somebody could explain this one for me. I am currently in a debt management plan with stepchange. There are a few of my creditors, Barclaycard, Barclayloan, Natwest not showing on my credit file and I have had no correspondence from any of these in years although I am still paying through my DMP. I have…
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CDR, what are they like to deal with?
My LLoyds loan is now with CDR (whoever they are) apparently . I want to make a full and final offer, does anyone have any experience with them? Are they likely to take a reasonably low offer like 40%? I made an offer to LLoyds on this debt and got no reply. I don't remember getting any letters saying CDR had taken over…
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No account numbers on Experian file
I have received my Experian report as I am planning to send !!!!!! letters to 3 creditors. Please could someone answer the following question. There are no account numbers on the Experian report and these debts are so old that I don't have any paperwork. I'm pretty sure that the !!!!!! letter needs to have the account…
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statute barred or prove it letter?
hi, any advice i can receive will be very appreciated. i have read on this forum that if your unsure if a debt is statute barred you should not sent the statute barred letter. if i sent the prove it letter will that tell me the timescale without admitting the debt? thank you for looking at my query mcvey101
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Rescue My Finances
Hello, Here is my situation with a SOA to analyse, i have managed to get myself into a mess from various unexpected expenses when living in my overdrafts. I am wondering what options i have given the my situation, i have a car which is up for sale, my other asset is my house which is due remortgaged soon, i want to explore…
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IVA for the Self Employed, please help ?
Hi All, I am heading towards the realism of needing an IVA, for the past 5 years I have struggled financially with my business and past mistakes as a younger man which Im paying for still now, to cut a long story short basically my business has cost me so much over the years with the recession hindering work, repairs to my…
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One last bill to worry about
I am now on a IVA and so happy I am getting all my debts sorted thanks to you lovely people I have had gas & electric meters installed and paying abit off my debts on those The last thing is the water bill I have run up a huge debt because I have not been sticking to the payment plan . I owe about £1000 for my water they…
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BCW - Wish I got angry earlier!!!!!
A couple of months ago I looked at my credit score and found that a loan I had, had been given to BCW credit collectors. I have delt with BCW before so gave them a call to see what could be arranged. The person on the phone was so unhelpful, it was stupid. I explained that I was living outside the UK so if I could email…
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Mortgage Shortfall
I posted a few days ago with a question regarding my partners mortgage shortfall she has with her ex partner. The total amount owed is over £30,000. She has approached the company with a settlement figure. It is currently under review. If this was accepted (the figure is substantially lower that the £30,000, however her…
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Existing, not living (DFW)
Hi Everyone, My relationship is over but we're still co-habiting. This is the relationship thread: https://forums.moneysavingexpert.com/discussion/4588233 My SOA is based upon HALF of joint debts, and where applicable, the full amount of any sole debts, and only includes my own income. Where applicable mortgage and assets…
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Please someone help me?
Hi everyone, I am sat here feeling like i have removed myself from one situation and just got straight into another. I have been in a domestic violent relationship and after years have escaped. It was extreme and my calls and post were with held from me and contact to anyone outside my home if i am honest. i couldnt call…
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Nursery fees driving me crazy! PLEASE HELP.
My son went to nursery while I was at university, the fees were sometimes late due to the fact my fees were paid by a grant and it was an absolute nightmare getting them on time. In the end my son ended up getting turned away from the nursery due to the fees not being paid. Now, my mum dropped him off on that day and she…
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Debts over 6 years old - DWP
Ive had a letter from the Dept of Work and Pensions about a loan I had from the Social Fund in 2004. I had genuinely forgotten all about it, it was a loan that I took out as at the time I was in a mess. I got a job the same year so they stopped deducting it from my dole. Apparently I still owe £320.00 on it , the last time…
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Some advice, kinda struggling
Hi, I used this forum a couple of times over the years, once for a nice ppi claim and once for a client that owed me money but wasnt worth taking to court. Really would like some advice as things are kind of tough at the mo.. Not sure where I stand, where to turn to. I will try and keep things brief but feel I need to sort…
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Pending payplan payment
Hi all I want to pay off one of my creditors today and the account closing down, but my payplan payment is still pending, it is for £42. If I pay it off today will this payment be returned and redistributed by payplan? I am in a hurry to pay it off as they are adding interest daily, it could wait a few days if this would…
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Wed 8th May - What small DFW things will you do today?
When we start out on the DFW trail we do loads of "big stuff" that makes quite a difference to our situation. These include having our lightbulb moment, cutting up the credit cards and cancelling Sky and the gym. :D But once we have done the bigger stuff, we often feel that we are not making the same amount of progress,…
