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Selling House to Offer Full & Final Settlement on IVA
I am on month 30/60 into IVA (paying £367 p/m) we are putting our house up for sale £159950, outstanding mortgage £118,000, Outstanding 2nd Mortgage £13,200 = total £131,200 - Selling Fees £1,800, Solicitors £600 (approx) = therefore approx - £133,600 to settle all these - Remaining Equity = £26,350 .... providing we get…
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Paypal problem, need help
HI, it's been a very long time since I last posted here! And I'm sorry as I know this isn;t the right board but I can't work out where would be. Perhaps an admin could move it to the right place? Basically, I've become the chair of a local playscheme which is run by a committee of volunteers as a not-for-profit…
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Please help - overdraft mess
Hi, Sorry if this is in the wrong section. I have an overdraft with a certain bank and have been living in it for years as I don't earn enough to get back to a positive figure. I had an interest free arrangement set up with collections to pay this back £150 per month however I this arrangement was broken so I went back to…
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A Morbid Thought Re Unenforceable Accounts
As mentioned earlier, I've been on a DMP for about 4 years and am currently waiting the response of a CCA request from four of my creditors. I'm also knocking on a bit and have a chronic health condition which can only get worse - it'll never get better. If, as a result of that request, it turns out those debts are…
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We did it!
A month late, but we did it. Everything (including my husbands £800 overdraft that I forgot about) has been paid off to the tune of 17,958.78. Debt had been higher that this, however I can only guess how high as I truly buried my head in the sand, however I would guess around the 22-24k mark. I also have £200 in savings,…
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Which debts do I pay off first?!
Hi, I am hoping someone can help. I have run up a few debts over the years but I am very lucky to be in a position to pay some of it off. My debts are as follows: Lloyds (opened May 2015) : £24000.00 left (Payment : £680.00 p/m) 4.5 years left. Barclaycard (opened May 2014) : £8500.00 (Payment : £190.00 p/m) AvantCredit…
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Complaints About Payday Loan Companies ‘Up by 178% Last Year’
Some huge stats coming out here: http://www.scotlanddebt.co.uk/articles/loan/complaints-payday-loan-companies-178-last-year-3127
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New to DFW! Advice needed please
Good day all. I just wanted to ask a few of you some questions. I am 23, in £24,000 worth of debt, no house to pay for just general bills. I built up these debts on loans and credit cards through a gambling addiction I am seeking help for. My current pay is take home 1300, I'm thinking about setting a DMP with step change…
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Negotiating final payment
Hello all I have a debt of £2263.20 which is now owned by PRA Group. I'm paying them an agreed £4.44 a month following their calculation of my disposable income. Having just received some money, I have offered them £2000 as a final settlement. I've made it clear that I am not expecting any more money to come my way any…
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OK what's my next step now?
Ok, whats my next step now? I've had a letter from Robinson ways solicitors informing me that they are going to go and apply for a ccj. I have had no contact with them or any of the other agencies that had the debt. The last payment made on this credit card would have been at the latest Feb 2011. I/we have buried our heads…
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Thursday 2 June 2016 - 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. 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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Wednesday 1st June - What small debt free wanabee things will ypu so 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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Time for me to seek advice
Hi all, I've been living with a budget deficit for a few years and now I'm in a tricky situation. When I met my partner, I had 30k+ savings from my childhood, setup by family. However when I left the nest, I kept dipping into these savings spending it on a lifestyle that I couldn't afford, as I was renting a house and…
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advice re: removing a default
i would like some advice with how to proceed with a default i have on my file. i took a provident loan out ( yes i know mental! ) for £500 to get my car fixed for work. i missed the payment lady with work and her days when she was local. fast forward a few weeks and totally slipped my mind to chase up. baring in mind it is…
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newbiee, hi all.
Hi all I'm a new/old or returner. I had a MSE forum account about 3 years ago but mostly just lurked and didn't ever post. Now I'm determined to get debt free and sort my self out. Ive been recently diagnosed as Bipolar so this is really helpful to know why I was going on such crazy money benders and also great for…
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Lowell's default date changed
Hi, I've been trying to clear debt acrrued during my time with a financially abusive ex which he got in my name. He's long since wandered off leaving me with the debt. I have an account with Lowell's which was taken on by them in 2011 and went into default very soon afterwards although I don't have the exact date. I…
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1st credit discharging debt
I have now so far in the past couple of weeks received numerous letters from 1st credit. These letters have been notification of assignment, and letters off 1st credit asking me to contact them to discharge the debt. 1st Credit purchased the debt in 2008. What does the discharge of debt part mean please?
