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To much to deal with - help
Hello to keep it short basically I ran and built a successful ltd company recycling business until i involved friends and family, I lost that now as got depressed from life and stress , my ex partner with 3 kids together cheated on me I tried to stay for a few years but couldn’t , I met a lovely girl now and hope soon to…
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Not a clue what to do - 19k debt to deal with on my own
Hi - I'm a single mum who is really struggling with debt. I really fought at it a few years ago and managed to get it down quite a bit - I think it started at about 26k and I got it down to 15k - but in the last 12 months things have been put on the credit cards and the balances have crept back up. Because I closed a…
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Debt company has my contact number but it’s not my account
Hi please could anyone help. I am received relentless texts and calls from past due credit for a debt that is not mine. The account is in the name of a man that I know from schools. He is not relation, never been partners, never lived with him. He’s given my number and I don’t know why. Anyway I have called them in the…
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The end is in sight for me now, never again...
Just starting to feel so good about paying off my debt, I have to say and agree with others on here, when you see that debt number decreasing over time what a feeling it gives you. Me personally, following a divorce in 2015/16 I ended up in a really stupid position, wanting everything immediately for my home whilst…
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Personal Guarantee for Business Debt
I recently closed down my limited company which had built up a fair amount of debt. One of these debts was / is a Capital One credit card, which I didn’t realise had a personal guarantee on it (I know, I know!) The debt is around £30k. They haven’t started chasing me for the money yet. The guarantee is not secured. My…
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Taking a loan when on a DMP?
Hi, How strict are the rules about not taking on a new loan when on a DMP? My cat needs vet treatment and it's not clear if the insurance will pay out (because I got behind with the vaccinations, which I've now fixed). And I have about £100 in my emergency fund which won't cover it. Can I take a loan from a friend if the…
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Debt free PRA
Thanks to both can’t seem to reply to you on here but will certainly try what you both suggest 👍🏻
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PRA
Anybody any dealings with PRA ? They won’t negotiate on 2 outstanding crew card debts from same company?? Help please thanks
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CCJ
I checked my credit score yesterday only to see a CCJ added. It was on an address I left 16years ago. I have received no correspondence although my present address is on the electoral role + I have lived in my present address for 14 years. I have emailed the court for information as O have no idea what it’s for but it is…
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Who should I use for a Trust Deed in Scotland?
Can anyone recommend the best company to use for a Trust Deed? I have £43k of debt that is crippling me and I see no way out of it. I need to act on this fast as I can't have the worry hanging over me any longer. Can anybody recommend a company who they've used who will help me sort this? Thanks.
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Overdale solicitors
Hi. New member so please be gentle. I am looking for some advice following a receipt of a debt letter from overdales solicitors I have recieved a follow up letter from overdale solicitors following a prove I owe the debt letter I sent responding to an alleged debt. The alleged debt is an unpaid SKY TV . Overdales have…
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Balance Transfers and a Crystal ball
So plodding along on the DFW journey, I've always been quike lucky ? (may be not!) to have had 0% balance transfers available to me and whilst cheap credit hasn't in the past encouraged me to be debt free neither have I been crippled by high rates. Current debt is £13k and reducing reasonably quickly (perhaps not as…
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LOQBOX improve your credit score, anyone used these before?
https://www.loqbox.com Anyone seen this before? Here's how it works: You want to build your credit score and can afford to save £20 per month - so £240 over the year At the start of the year, LOQBOX Loans you £240. But, the money stays locked away in your LOQBOX account (hence the name). Over the year, you pay £20 a month…
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Asking for a backdated Default
Hi I'm looking for a bit of a advice. Just over 6 years ago, after getting myself into a tough spot financially, I was approved a repayment plan under Scotland's Debt Arrangement Scheme (DAS). I still have about 14 months to go but I'll be getting a small windfall next month, that should allow me to complete the plan. The…
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Self Managed DMP
Following my previous post, please see my SOA. Not sure what you should put about the overdraft. I am thinking to default my debts and then start a DMP with interest frozen as the level of interest is impacting my ability to reduce debt. [font=courier new][b]Statement of Affairs and Personal Balance Sheet[/b][b] Household…
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Time has come to take action
So pleased I have come across these threads, my debts are constantly in my mind, I want to clear debts as soon as I can and understand this will take a long time. I have no savings, no emergency fund and live month to month,therefore the time has come for us to address these and start clearing. All payments are made on…
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Should I Default
Hi, I've got myself in quite a bit of mess in terms of debt. I had the persistent debt letter from Virgin CC and that card is now blocked as I did not agree to increasing payments, does this count as an agreement to pay? If so, would I be better off allowing this to default to get that marked on the credit file now rather…
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Can’t afford our DMP Payments
Do you know you’ve really hit rock bottom when the topic of conversation in the car this afternoon with my husband was how neither one of us is allowed to do away with ourselves to escape the absolute financial mess we are in?
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What Small Things Will You Do This Week?? 10/10/22
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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where to begin
hello everyone where to begin, have been going through the forum and found posts really helpful, especially during this stressful time in my life in total have about 18k of debt mostly spread across loans and credit cards, have always paid my minimum payments and monthlys on time recently due to poor health and unforseen…
