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Claim Form, CCJ delaying tactic, Debt Collectors
Hi there. I received a claim form from County Court Northampton for a debt I do owe. I sent an acknowledgement of Service back so I have an extra 14 days to contest. I would like to drag the process out as long as possible because in 2 months' time I will be in a position to start paying off the debt. Has anyone got any…
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BW Legal and NovaLoans
Hi guys haven’t posted in a while. Since my last post I’ve paid off £15k of debt to payday loans and guarantor loans “yay” I’m officially clear of them all except one who I have been unwilling to pay in full since their last email. Here’s the situation... I borrowed £200 form novaloan in September - a few weeks into…
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Need to confess my debt...
This is a bit of a long one, so I hope you bare with me. Okay, so my husband and I have baby no. 2 on the way this year and we have resolved to shift at least our credit card before baby arrives in August. Our debt is not just a credit card though and for a long time I have been feeling more than uneasy about it, to the…
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Settling a debt in full, effect on credit file?
Hi everyone, I’m new here and hope this is in the correct place. I was recommended to post over here from another forum as the advice is so helpful. So, I am desperately trying to repair my credit file in the hope of gaining a mortgage in future. I have 3 defaults showing on my credit file. One from barclaycard that was…
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Partial settling a default
Need some advice on a partial settlement, tried looking into it but getting slightly confused and mixed messages. Had original debts of £19k around 5 years ago, finally down to £3k I have 1 default with a balance of £1000, due to fall off my credit score in just over a year, I'm paying £130 a month towards this debt so it…
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Attachment of earnings - suspended order
Hi all, I received a letter this morning telling me to fill in an attachment of earnings order for a CCJ I wasn't aware of. I was aware of the debt but stupidly had been ignoring letters about it. The debt is for just over £1,000 and I fully intent to now start repaying it back. I have two questions 1. What would be an…
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Anyone else have this "issue"?
Hi all We are half way through paying off debts, over the last 12 months have paid off £10,000 approx and as you can see by my signature we still have a way to go. I have put aside this month £1125 for debt repayment and just got paid and budgeted another £700 can go to the debt so nearly £2000. we are sticking to a budget…
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Best strategy for my situation?
I posted this in the stickied thread in this forum as well. Hope double-posting is OK. If not, feel free to delete. Hi: My wife and I, without really knowing what we were doing, refinanced our mortgage and took on a line of credit to take on a major renovation. After the refinance paid out part of the debt, we were left…
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Huge Debt, unemployed & new mum
Hi, I’ve no idea where to start really. I’m here for help, not sympathy, and I’m an idiot for getting myself this far gone. Basically for years now I have struggled with Debt. I’m the type to bury my head in the sand and forget about it. Ridiculous I know. So eventually family members found out and I started to repay debts…
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Cabot to Wescot back to Cabot
I have a DMP with 2 and half years remaining, all is going well, my smallest debt is with NatWest £1390. Previously they have indicated settling for 85% however I am not in a position to afford that currently. Cabot were managing on behalf of NatWest then it switched to Wescot a short while ago now I have a letter saying…
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Debt collection letter almost 3 years on??
Hi all, I'm new to this site and not quite sure how it works, or even if I'm in the right place! I've just received an email from CCI Credit Management telling me to call them about a financial matter. I had no idea what this could be, so called them this afternoon (probably not what I should have done in hindsight). They…
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GDPR Data request rules
GDPR rules, Often when companies buy people’s debt they never disclose the amount they pay for such debt (for obvious reasons!)! So even if I own for instance 3K for a credit card which originally was with MBNA and then debt sold (as an example) to Cabot, the company (Cabot) do not have to disclose the amount they paid ….…
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Should I sell my house to pay off my debts?
Hello, I'd like some advice, please. I have approx £35,000 in debt, I won't go into the hows and whys that happened as it goes back years. We are now both working with good salaries (£98,000) and I have a budget and arrangements in place with all my creditors, I have missed a few payments here and there so my credit score…
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2019 the year of good news??
I posted last week about my first attempt at a F&F settlement for a debt of £1,846 below is a transcript of the email I have just got Good Evening, Thank you for your patience, I can confirm your settlement offer of £450.00 for all accounts has been accepted. This has been split as follows: Managed to get them to agree a…
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what will this look like on credit file?
So annoyed! We accidentally allowed our account to over it's agreed overdraft limit by 85p !! We have small amount of money in another account with the same bank so they took the 85p from there which is fine. They wrote to us yesterday to say that when a payment is taken in this way it is logged on our credit file. Does…
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DMP advice
Hello all, Need a bit of advice. Basically I am on a DMP with Payplan and have £14000 left. Now after a long drawn out process with the Financial Ombudsman my creditors have agreed to back date some defaults to 2012 (when i started the DMP) which means the 3 outstanding on my file will drop off in the next month or two -…
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Want to get out of my credit card
Hi everyone. I want to get out of my credit card. It may not seem a lot to some people but I want to get out of it. I will still have it for things that I need. I pay my credit card off in full each mo th .i use it to spend on groceries and day to day spending and if I need clothes or buy a present. I have recently…
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Big Changes, What Do You Think?
My first post here and looking for advice. And if this isn't the best place for this type of post, feel free to tell me. My family will be undergoing several major financial decision points this year. I've made mistakes in the past and am trying to live more of a "modified Dave Ramsay" way these days. I'll lay it out, tell…
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Need help
So I’m in a mess I have about 11k debt over 4 credit cards, a loan, 4 payday loaned everything is overdue and I’m being chased. I got into a vicious cycle while on maternity leave in 2017 but the problem has spiralled out of control I convinced myself once I was back working I could recover but it’s not happening. I can…
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Waiting for CCA feedback - do i still need to pay?
Hello, Ive sent out CCA requests to all my creditors. Some have come back to me saying this will take time and have put my account on hold. Some i am still waiting to hear back from and its been over the required 12 days. Do I still need to make repayments while im waiting for the CCAs? Do i still need to make repayments…
