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I've failed - DMP
To cut a long story short, I'm jobless now, I have around £15k of debt to various creditors and no way of servicing it effectively. I'm going to enter a DMP through stepchange on monday, and I really don't know what to expect. Sorry if this has been posted before but Im at a loss.
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I never thought this day would come!
Officially, as of yesterday, I am now debt free! :money: If you're on your journey or just starting out, just go for it and don't stop. When I first joined MSE and started my debt free journey, I felt like this day was never going to come round. The weeks, months and years pass quicker than you think and making short-term…
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Question about a £1.5k debt
For some reason I decided today was a day to sieve through my finances. I have a £1.5k debt with Barclays which I've been paying £1 a month via standing order towards following advice from Step Change. I called them today because I was paying Moorcroft the money before a few months back I got a letter to say the case had…
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Debt Management Plan - paying off creditors?
I have a debt management plan across five creditors ranging from £1500 to £4200, and totalling £14,700 and managed through payplan. I've been paying back £250 a month, with the initial balance being £23,000, so i'm a couple of years into it. I've my own sole employee limited company and my accountant is telling me there is…
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How do I get back in the black?
I am just returning (part time) from a year off Maternity Leave.We are lucky enough that my Mum is looking after our DS on the 3 days I'm working. For the last 3 months of my Mat leave I wasn't getting any money and I've gone into my overdraft :( So even when I get paid at end of January and my OH transfers money towards…
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Mortgage advice
Hi all, Looking for some advice on my predicament, hope somebody can help. I bought my property back in 2009 on a 75% mortgage, basically the other 25% was an interest free loan repayable after 10 years and it will be 25% of market value at the time. The purchase price was £106,000 and my mortgage was £77,000 I believe. My…
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Almost there. What next?
Hi After a peak of almost £9k, I'm finally almost debt free. I've been making regular payments through a fee-paying company (I know, I know, but they let me keep a couple of accounts out - a catalogue which is paid my another family member, and a couple of loans which at the time were almost fully paid). I figure the 17.5%…
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Tax credits overpayment first letter from Rossendales
Hi, I had a large tax credit overpayment last year which I want to dispute. I never replied the hmrc letter to pay it back and I buried my head in the sand. Now I have received a letter from Rossendales. Dear Sir/madam We have been instructed by our client HM Revenue & Customs that there is an outstanding balance of ££££…
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218monthstogo
Hi Hello to everyone for 2016. 2015 didnt go quite as planned, ill-health recovery was not quite as quick as expected and I have entered the New Year with a Chest Infection that doesn't want to leave me and will probably stay until April/May if the last four years are anything to go by. I have to except that going back out…
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Saturday 16th & Sunday 17th Jan. what small debt free things will you do?
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. But once we have done the bigger stuff, we often feel that we are not making the same amount of progress, when…
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Advice - SOA
deleted as no longer accurate
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howard cohen - how bad are they?
Hi all I have an overdraft debt defaulted December 2010. I dont have any correspondence relating to it then I receive a 'Notice of Pending Legal Action' From HOWARD COHEN asking for payment asap otherwise they have instructions from their client (Robinson Way / HPH2) to issue proceedings in the County Court. The letter is…
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Can you help spread the word about free debt advice?
Hi everyone, January can be a tough time of year. Up and down the country, people are receiving their first credit card statements after Christmas, and payday still seems a long way away. We predict that next Monday will be our busiest day of the year. On that day alone, we expect over 20,000 people will seek debt advice…
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Debt dispute and now collection agency
Apologies if the answer to this problem is on another thread, I've read these pages for half an hour and can't find the same circumstance. I had an advertising company visit me and ask me to place an ad on a leaflet to be placed in a friends shop. I agreed and gave them my card details. They called to say they couldn't…
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SOA Help
Wondering if anyone can help me cut some of these bills down as don't seem to have much spare at the moment! Statement of Affairs and Personal Balance Sheet Household Information Number of adults in household........... 2 Number of children in household......... 1 Number of cars owned.................... 1 Monthly Income…
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credit card advice please
Hi, Ive just moved house and had to put all the moving costs on credit cards. I've got a bankloan with Barclays that that I can extend and I wondered if it is sensible to do that to pay off the cards because it will bring the monthly payments down...not sure, anyone got any advice please? Thankyou :)
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Credit card debts
if i have made default sum payments regularly does that mean the debt never reaches a 6 year point? it is always enforceable even thought it has been passed on various times? What difference does a CCJ make to a debt?
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TalkTalk on credit file when they shouldn't be.
Hi, I have been checking my credit file. On clearscore or equifax I have a telecomms bill on there for talktalk. I've never been with TalkTalk? It says I owe nearly 600 pound in telecomms. The account is registered to an address that is near to me. (I live in a block of flats) different number to me. I have only just…
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Friday 15th January - What Small DFW-Style Things Will You Be Doing 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. But once we have done the bigger stuff, we often feel that we are not making the same amount of progress, when…
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Citi bank has created a phantom O/D without my permission, what can i do?!?
Lon story short; a large debit was due to hit the account and there were insufficient funds and i did not have any form of overdraft facility [in fact they had declined me one just a month earlier] but due a system glitch with their back office the debit went ahead and erased all money in the account and created a £4000…
