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Help needed with income part of N245 form
Currently helping to fill out an Na245 form for my partner, the debt is in his name only and currently he has no income it is just me that does. Have been advised to use household income even though it's not my debt but under the expenses part it says 'do not include any payments made by other members of the household put…
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How do I proceed?
I submitted a CCA request to a DCA who advised me the debt was unenforceble due to them not being able to find/forward the relevant documentation. Following this I sent a letter with a settlement figure which would be gifted by family, for the purpose of settling this debt. In my letter I explained that due to not having…
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I'm just so tired of it all
I've been on a debt treadmill for over 10 years. At its worst my debt was over £15.6k, thanks in no small part to a lifetime of undiagnosed chronic depression. I've paid off around £3k of that through work bonuses and got my mental health in order, but I just want the debt to go away. I set up as self-employed writer…
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Moorcroft Letter
Hi, quick question about the old Moorcroft Letter.I had an account which I forgot about in 2008 which was overdrawn by £30 and the last transaction made was my cancer research donation. In 2008 I lost my job and house and eventually got straight but in the process lost track of this account.Moorcroft have taken this on and…
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Changing financial situation - can you help me make good decisions?
Hi there. I'd really appreciate your thoughts on moving forward situation. Over the last few months, a lot has changed! A very brief background, I'm 27 and early last year decided to get control of my spiraling debt situation. Long story short, I have consolidated my debts into more manageable payments which I stick to…
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Full and Final Settlement - Partially Satisfied as opposed to Fully Satisfied?
Hello, I have written today to my creditors with Full and Final Settlement offers, as I am likely to be made redundant in the next few weeks, but will receive a redundancy payment which I would like to use to try and clear as much debt as possible. However, on a few of the debt collection agencies websites, with regards to…
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How do i finally face my debts?
I have approx £12k debt spread across various credit cardS and lenders. I was due to start a repayment plan with Stepchange at the end of March however i paused it because the rapid unknown of Corona Virus at the time. i have buried my head and ignored my debts for the last few months, some have been passed to collection…
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Advice with Full and Final Settlement Offers During Corona Pandemic
Hello all, My partner and I have had a DMP with StepChange for around 1 year. Most (if not, all) of the debts have been sold on to other companies. A few months before the Corona outbreak, one of the debtors had written to us to offer a full and final settlement at approx 75% of the outstanding amount. We couldn't afford…
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CCJ Removed from my file early?
Hello, On the 4th June I paid off a CCJ that was issued in August 2017. It updated as satisfied on Credit Karma report shortly after - and I understood that it would remain that way on my file until 6 years from the start date - so would drop off in August 2023. Just checked my report on Clearscore (which comes form…
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Capital One default
Hi, So after 6 months, one of my Capital One accounts has finally defaulted. I am going to self manage my DMP. My question is, who do Capital One sell their debts to and how long after they have defaulted the account do they get rid of it? I was planning to write to them next week now that the account has defaulted with my…
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Historic debt on credit report - How to resolve?
Hi all, Hoping that the well-informed individuals on this forum may be able to help me with a debt-related issue. I am in the process of house hunting currently, my credit rating has historically been poor based on my personal circumstances when I was younger, however it's improved immeasurably over the last couple of…
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CCJ being appealed AGAIN, what can be done?
Someone I know obtained a CCJ against a builder. The CCJ was granted as the builder did not respond. He later appealed the CCJ saying he knew nothing about the court action (not true but that's besides the point). A new court date was set and this time the builder did not enter a defence so the judgement was once again…
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CRS / The Money Shop
Hi there I took a £1,500 loan from The Money Shop in 2016 (Instant Cash Loans t/a Tms Online), paid 3/12 instalments then stopped as my circumstances changed. It's sitting with "In Arrears" status on my Equifax credit file, but not as I'm aware formally defaulted. I'm aware that ICL / TMS is in liquidation, and I didn't…
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What do I pay off first?
Hi, I have 3 debts I am looking to reduce. HSBC credit card - £5500 (21.9%) This is now a loan as basically as they removed the credit from me Santander credit card - £2000 (18.9%) Lloyds loan - £2200 (9.9%) £45 minimum payment (60 months remaining) I have £400 a month to pay additional to these debts what would advise I…
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CCJ error/ gdpr breech
Hi I'm really hoping someone can give me some advice please. A few years ago I ran up a debt for £950 with Southern Water... it was passed to shulmans / uk search Ltd. They took me to court and I received a CCJ... but the amount was for £650?? I presumed that's all they were enforcing... when I rang shulmans to arrange…
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A Friend of mine
A friend of mine wants me to ask about there situation. They were unmarried and bought a house together in joint names.The relationship fell apart and my friend left the jointly owened home .The partner who remained in the house then lost there job and refused/could not pay any Bills so my friend continued to pay mortage…
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Moved: Trying to get my debts off my chest.
This discussion has been moved.
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Use LISA to pay off DEBT?
Hi guys, I have a £5500 loan at (4.9%) and £6500 in a LISA (earning 1%). I believe that due to COVID the penalty for withdrawing a LISA has been lowered to 20% rather than 25%. If I withdraw, does this mean I just lose the bonus and none of my own money? If so, is it advisable to withdraw the LISA and pay the loan off?…
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12 year council tax arrears after a death
Hi, this is a bit of a long one so please bear with me, My boyfriend's mum died suddenly at the end of last year and willed everything to him. (well, she had very little money but owned her home outright). Probate is currently pending and council were informed of her death soon after it happened. BF gave his details as the…
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In debt with CCJ
Hello, first time poster here but wanted to share my story. I was meant to be private renting a flat with my boyfriend until my credit check came back negative. Its only then when I checked my credit score how bad my debt had become. I have a CCJ against me from ShopDirect.(think Lowell bought this too) I owe Lowell £960…
