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Anything else we can do?
Hi All I've finally got our spending down so that we're surviving on just OH's wages. That means the money we get in Housing Benefit, Tax Credits and Child Benefit is going straight towards our debt. Is there anything else we can do to get our spending lower? Here's our SOA: Statement of Affairs and Personal Balance Sheet…
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Using emergence fund to clear debt.
We have been on a debt free trip for the a while now and we are on the final debt. With our current plan we shall be debt free in October but i keep saying the end of the year as something will surely get the way, good news my wife will be starting a new job in two weeks after not having a job for two years after we had…
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Fit4Less Harlands gym cancellation
I have been a member of Fit4Less for many years but recently became unemployed, my DD to Harlands failed to go through so in order to stop more bank charges if it failed again I cancelled the DD as I could no longer afford to go to the gym. Truth be told I actually found a much cheaper and closer gym to my home. Foolishly…
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Chased for Council Tax that's not mine
I hope someone can help. I have received a letter from WalkerLove Sheriff Officers (Scotland) with a demand for Council Tax Payments on an old joint owned property. I called them to find out what was going on and it turns out that when i split from my partner just over 10 years ago in 2006, he took over the house then he…
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Negotiating settlements - creditors playing hardball
Hi I've posted before under "How to settle debt" with an update explaining that I've written to all my creditors offering 30% to settle. A few of them have refused and come back with 80% settlement offers, but I haven't got the money to pay them all off at that rate. Some of these debts are more than 6 years post-default…
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Budgeting with an unenthusiastic husband
Hi Friends. Longtime lurker here as you can see by my 7 yr badge but pitiful amount of posts :) I dont quite know where to start and what to say so apologies if it gets a bit higglety pigglety and waffely! Im late 30s and from a family with little knowledge of money management. My parents struggled dreadfully to keep…
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Threatening a CCJ for £120 debt - is this possible?
Hi all, I booked a holiday with Hoeseasons but had to cancel it. I paid a £30 deposit but when I went to cancel the holiday, they said it was a low offer deposit and I still have to by an additional £120 just to cancel the holiday. I know I should have had holiday insurance but I figured if I have to cancel and lose £30,…
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Funny the things that make you excited!
Husband and I both have credit union loans, as a condition of them you build up savings in your share account, you cannot withdraw these out of the credit union for the term of the loan and the idea being that eventually your savings and loan balances would match and you can pay it early. Well I was checking our accounts…
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The start of my journey
Hi all. Thought I'd write a bit about myself and where I find myself. 3 months ago I had an excollect credit rating. I was just about to move to a new house and although I had credit card debt it was contain able at an amount of 7500. I also had an hp agreement on a new car worth about 14500. Then in February I discovered…
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Chasing security, changing habits.
MORTGAGE £7500.00 LOAN £3500 CREDIT CARD £1900.00 SAVINGS £1750.00 PENSION £0000000 If you are reading this – hello. Thought I’d tell you a bit about me. Last year I joined the mortgage free in 3-years challenge and have found this a great incentive to make over-payments. After reading loads of diaries I have decided that…
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In default with MBNA, banking with Halifax
Hi there, One of the debts included in my DMP is with MBNA. I just read somewhere else on the forum that they're now owned by Lloyds, who also own Halifax who I have had a current account with since starting my DMP. The MBNA debt has since been sold on and now shows up under Link Financial on my credit file. Is it risky to…
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Everyday Loans & DMP's
I have recently gone into a DMP with StepChange in order to sort out my finances once an for all. In general all of my creditors have been great, agreed to freeze interest etc, with Everyday Loans being the one exception. I contacted them initially before going into a DMP to find out my balance so that I could provide the…
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Unknown CCJ
Hello there ladies and gentlemen, I am in desperate need of some advice. I recently checked my credit report and discovered it had dropped because of a CCJ. This was to my complete surprise. I have not had any correspondence at all from anyone regarding a court date/judgement. The amount is for 259.00, I rang the only…
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SOA/DRO holiday confusion
Hi, I am currently doing my SOA having received my DRO paperwork. Am I able to put aside a little (maybe £10 a month) for a holiday? I've read conflicting advice on the forums. I don't want to be frivolous but my daughter has mental health problems which have escalated in the last few years, I've borne the brunt of these…
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Deceased relatives debt and me.
My father passed away in 2003 after running up a shed load of debt. He and I shared the same name and address up until 2001 with the only difference in our identity being our age/date of birth. I've recently began getting letters from debt agencies for debt that I know I didn't run up. The difficult part of this is I now…
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Trying to negotiate a mobile bill
Hi all, I've got a query that maybe some of you will have dealt with. I have a mobile bill that, due to a change in circumstances, has become unmanageable. I'm not behind with the bill, but the amount is so high that it won't be long before I can no longer pay it. (It's around £100). Worth mentioning, the bill is so high…
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Feeling ashamed and devastated
A few years ago I hid debt from my husband, I admitted to it and he helped me sort it out. Unfortunately I have managed to get myself into another debt mess. Last night my husband found a credit card statement so confronted me. He was extremely calm but very clear that if I do not sort myself out and put a plan in place to…
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PRA Group & MBNA Card Debt
I have been on a DMP with Stepchange for about a year and everything has been going ok. One of the Debts is for Approx £16,000 with MBNA and they agreed to freeze interest and I am currently paying them back £110 a month. My MBNA card was transferred from a Santander card I would think about 20 years ago. Recently I…
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Mortgage Possibilities after a DMP
I have just entered into a Debt Management Plan in order to sort my finances out once an for all however, although a long way away, I was wondering what happens once I come out of the plan (which is in approximately 5 years bases on the current set up). I am 31 and myself and my husband are currently renting accommodation,…
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DFW Advice
Hi guys, Just curious about if people have any thoughts on my current situation. Long story short, a series of crappy spending habits coupled with poor life events have resulted with my wife and I having just over 25k in cc debts. Thanks to the advice on here (bit of a lifesaver), I've managed to mitigate slightly with…
