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Debt-free wannabe

Archives for August 2016

Major reality check this evening
So tonight I finally faced up to the mess that I/We are in. We owe 45k in unsecured debt. I am shocked. I knew it was a lot but didn't think it was quite that much. I am going to talk to my wife about it over the weekend. She knows that we have a lot of debt but not the totals. I will do a proper SOA at some point but in a…
Where do I start
I am currently around £10000 in debt I am up to date with minimum payments but feel like I'm treading water. I want to clear them and start rebuilding my credit so I can get a mortgage. I'm just wondering if anyone has any tips to earn extra cash or methods of getting things payed. My wage literally just covers minimum…
I've done it !! Paid of £35.000 of debt!
Well after 5 long hard years, I am now debt free. I've payed off £35.000. I feel like shouting from the rooftops, but will celebrate with a glass of wine instead. I feel I can now move forward and find a job which I really want to do. :j
Unenforced CCJ
I have a CCJ from early 2013 but have had not contact from the creditor since just after the judgement when they sent an attachment of earnings form, which I ignored b/c I intended to have the judgment set-aside. Is it worth now still getting it set-aside and risk reminding the creditor about the judgment and having to…
Soa posted - Is this healthy or am I in trouble?
Hi guys please see our soa below We have a surplus of 400 a month but feel like we just manage each month. There is nothing missing but just feels like there isn't much left to save for a holiday abroad etc. Just sharing as this is my light bulb moment. Don't really know what I'm looking for just feels good to say here I…
Getting to end of month without taking out a payday loan
I have been in a spiral of high interest payday debt for years now. I have managed to pay them off without defaulting (with a small loan from a friend who is my angel for some of them, very frugal living and selling everything I have of value on eBay except my laptop which I need for work) and I have paid off my last.…
Let's ignore the last few years and Start over
Well here i am again, sheepishly rejoining the DFW crew. To be honest feeling wholly disappointed in myself as can't believe we have got into the mess again when we did so well last time.:mad: Anyway long story short had a diary before was super focussed and cleared loads of debt, life happened, lost focus and although…
Help please, advice needed!! Full and Final Settlement Advice
Hello everyone, First off, apologies if this is the wrong place to post this! Feel free to move it to the correct place. I'm hoping to get some advice from the members here and guidance moving forward, below is a cut down story about my debt and the situation I am now in: Back in 2012, I bought a house with my partner at…
Paying off dmp
I have debts of around £6000 to 5 creditors and I've been in a dmp with stepchange for about 5 years. My ex has finally sold our house so I'm looking to pay off the debt in full. Do i contact each creditor seperatly and ask if they will accept a smaller fee as a final settlements? If so does anyone have a letter template I…
Council Tax debt
Just found out that mam hasn't been paying her council tax for the last 18 months and would like some advice please. She's been diagnosed with PTSD and has been burying her head in the sand with the anxiety erc. She has two bills, 2015-16 £1700 which had went to bailiffs and got sent back to council because they couldn't…
Broken, really could do with some support
Hi, I'm not sure if this is the correct forum- please direct me to the right place if not. I'm posting for support, advice and to see if anyone else has been in the same position as me. I've just found out that my husband has credit card debt of 35k. I knew about 10k and I have 10k ( total of 45k). The 20k I knew about was…
Debt management q & advise ?
Hi everyone I'm pretty new to posting on here and would be really grateful for some advice, basically I have just entered into a dmp with step change as I have been struggling with my financials for a long time 😟 I didn't want to go bankrupt I accept full responsibility for my debts so I wanted to pay them back Basically…
Redundancy Claims for Company Directors
Very interesting, I wasn't aware that directors would essentially be able to claim redundancy, but I guess it makes sense given they are a employee too: http://www.redundancyclaim.co.uk/
Recommend Debt Consolidation company?
Hello everyone, I apologise if this is posted elsewhere but I could not find a post relevant to it. I currently have 4 small loans, 3 small credit card balances (with same bank) and a small overdraft and I would like to consolidate the debt if possible. I have been searching the web for any kind of reputable firm that…
If you had £100
If you had £100, what would you do with it to improve things? Invest it? pay off a debt? Improve yourself by doing a course in a craft so you could develop and make and sell stuff? Gamble it / Spread bet? Buy wholesale goods and try resell to make a profit? Just wondered what people would do, I have Manageable debts but…
Where to start?
Hi, I'm just looking for a bit of advice. Back in 2010 I ran up some credit card debt as I was self employed and struggling to make ends meet. By 2012 my credit was completely shot and I closed my business for good. I have 5 credit cards: £384 capital one (now cap quest) £1233 mbna (now collected by various agents that…
Council Tax Debt
Hi all Hoping you clever people can help, I've not had much luck elsewhere! (Im in Scotland in case it's relevant) My partner and I have been very silly over the past 9 years and managed to get into council tax arrears of nearly £6900. I have had my wages deducted on 3 seperate orders over the last year. They have made no…
Debt collectors trying to collect debt that isn't mine.
Evening all For a few years now I've been getting debt collection letters for someone who I've never heard of. I've returned letters saying not at this address, I've phoned them up 4 times telling them they have the wrong address and I've written to them as well. Now I've had a letter from sheriff officers hand posted…
What small DFW things will you do this week - w/c 29th August
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…
Requested info from alledged debt
Hi, Quick question, I had hundreds of missed calls when I returned home from Holiday last week from a company called "OPOS LIMITED". I wrote them a letter and sent it via Royal mail Signed, pretty much saying I do not know what this debt is about and if they can provide proof of this debt asap. They replied saying this.. "…

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