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Mortgage holiday to clear some debt
Hello! I could do with some advice! I have substantial debt of around £25,000 (not including mortgage). At the moment I can only make minimum payments, with one of my credit cards I am paying £200 and £140 is coming off in interest. I am looking at all I can do to get some money to throw at the debt, and I am going to ring…
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Anyone used Citizens Advice Debt Helpline? How did you get on?
It's on 0800 240 4420 Did you realise you were ringing a national helpline? What was your experience of the call? Only one in twenty calls are answered
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Leaving business partnership before entering DMP
Good morning I’m hoping someone can help me in deciding what’s best in my situation… I’ll try to keep it as short and factual as possible. I’m around £12000 in debt with seven different creditors.(last week I got a default letter from Aqua, my biggest debt). I’ve also got a car in HP that’s still got around £6000 left to…
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Cabot, old CCJ - passed to Resolvecall
Hi all, Hoping for a bit of advice here. I had a CCJ issued in Jan 2016 (nearly 6 years!). At the time I wasn't aware of the debt and after a few months of trying to speak to the debt owner (Me III Ltd. at the time) with no response I gave up as nobody was chasing for payment. I've not heard anyhting about it since until…
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Just received Final warning 24hrs notice of plan to carry out warrant unless pay in full advice need
Late yesterday afternoon I received a letter from a county court baliff from a near by county court. The letter says it's regarding a debt I apparently owe to Lowell portfolio Ltd. I do not know who Lowell is and don't know what the debt is for. I have never received any communication from them before now, this is the…
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Mortimer Shark & Crabot Financial
I wont go in to the back story, it was m fault, I was away, and just didnt look through the post on my return, so I end up with a CCJ for just under 3k so finally I read the post find this out, and realise its the nasty horrid companies I have to deal with. so £50 a month is what they asked for. fine, ill pay them that,…
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help charging order/restriction deceased husbands secret debt
Husband passed away in New year. Have just got round to sorting finances. I have just been notified that there is a restriction on our house for a debt my husband had on a credit card. It is with cabot. I knew nothing about it. I have now been told this means the house is held as tenants in common which affects probate. It…
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Payment arrangement after default
Hi all, if I make an arrangement on a default that goes beyond 6 years does the default stay on my account for 6 years from the date of default or once I’ve paid the debt?
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Close to running out of
I'm £35,000k in the hole with 6 credit cards, have used up all the interest-free terms so now paying full amount on each. I'm self-employed and have a Business BBL to start paying back in Feb which is £7,000. I co-own a home with my dad, the mortgage is only £36,000 and it is my sole responsibility to pay - £380 a month.…
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DMP or DRO? It's too hard to decide.
I really can't decide if I should stay on my DMP or get a DRO. I have £7500 debt and I am only paying £25, so doing the math I will be paying it off for a very, very long time. But then if I get a DRO, sure all my debt will be cleared and I can start over, but my credit score will be shocked for 6 years, and if my landlord…
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**helpful info for anyone who’s had payday loans**
I’ve been a…… Wally 😉 fell into the trap of payday loans without realising the impact they had on mortgage applications. I had resigned to the fact that I’d have to wait a year now to get a mortgage but no. I simply emailed 6 of the companies and 4 so far have come back and agreed as a “gesture of goodwill” to remove from…
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Renting privately with a debt management plan
Good afternoon everyone, first post here so please go easy. :) I'm currently on a debt management plan through StepChange, and have been for quite a while now. Most of my creditors have since defaulted my accounts, and these are showing on my credit report. I'm looking at renting privately in the near future, and I'm…
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Online School Debt.
Hi, Apologise if this is in the wrong place. My daughter was in an Online schooling. She was not happy with them so I pulled her out. They wanted me to pay 2 term schooling. That was within the T&C's. I offered to pay only one term and sent them a letter with a cheque for that term. In that letter it was written in such a…
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What Small Things Will You Do This Week? 15/11/21
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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Taking secured loan to clear outstanding credit card debts
Hi all as per the title. I’m currently considering a secured loan offer to clear quite a considerable amount of credit card debts. As a result of struggling with repayments since covid and the subsequent loss of my main source of income. i have a steady job now but not making enough to comfortably cover all the monthly…
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court judgment - charge on property. making regular payments, but daily phone calls
me missis ran up about 10k on a card going way back before 2010. They took her to court and we attended. The Judge made a charge on her property and ordered a monthly payment of £25. FROM MEMORY on the day in court there was something in the order about them not harassing her. BUT she has told me in a state of distress…
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Question re: bankruptcy and where I stand ?
My situation is that my very recently ex husband went bankrupt 2020 and was discharged recently in the last few months however in the process of the bankruptcy my ex gave back our house to the bank. I was not on the named mortgage however I did contribute to the deposit towards the house , paid towards the mortgage ( joint…
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Lowell chasing me after 9 years!
Dear All, For the last 9 years I have been living and working abroad teaching and now I have returned and have settled back in the UK after my adventure. About a month ago I received a letter and an email from Lowell debt collection, stating that I owed them 800GBP for a credit card debt that was that with Vanquis Bank…
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Request cca or not?
I've been paying of barclycard credit card for about 13 years through various debt collection agency and it has once again been sold on. Is it worth putting in a cca request or would the fact I've been paying all these years be an admission I have accepted the debt?
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Unexpected Barclaycard letter
This is just a post to vent a little in a safe environment. I had a flashback/wobble yesterday when the postie dropped off the post, one envelope had Barclaycard on the front. They were one of my more difficult creditors and apart from some letters regarding refunds a few years back I've not had any contact with them, I…
