-
Preparing for a DMP
Hi, I’ve been on a debt free journey for about 6 months and have seen my credit utilisation fall from around 30k to 20k since June. It has been achieved through a combination of sacrificing and putting everything into debts, hard work, selling personal items and a bit of a lump sum for an inheritance. However, as I prepare…
-
Issue with debt collection
Not sure where to post this but I think this section is right. I have a disagreement with an online subscription service. I know I checked a box to not auto renew and yet my service auto renewed and they’re wanting over £300. It was on an old email I rarely use so didn’t get the warnings. Of course I don’t want to pay as…
-
How long do we wait for a CCA from 90's? And can you reclaim any unenforceable payments made?
Hi everyone, So long story short, earlier this year my best friend became unable to work due to a serious accident. She was already in a DMP which quickly became unaffordable so we wrote to her creditors and asked for some support, four out of five were wonderful and bent over backwards to help, but the remaining one…
-
Defaults
Can anyone provide any guidance on when defaults should be applied on the FCA website, reason for asking is i have something to direct them to. Thinking ahead that's all.
-
Help with Very Catalogue debt
Hi newbie here so please be gentle. I separated from hubby last July 2021. I was accepted for social housing and got my little bungalow in September 2022. I had a Very account already and the credit limit was £2000. I had to use this to furnish my new home and did so on a buy now pay in 12 months basis. This was fine as I…
-
Removing final charging order
We requested a final charging order on a property (our builder took our money without completing the work). Grant Thornton (I believe they are Company Accountants) are asking us to remove it as the final order was granted after the builder went bankrupt. Does anybody know if we have to pay to get it removed? We have…
-
Paypal Credit Pay off
Hi everyone, I have £1400 owing on PP credit, 21.9% currently. I have 0% balance transfer credit card with £1500 available. I can't do a direct transfer so I tried to pay of the outstanding with another credit card and do a transfer across to the 0% card However, PP will not allow payments to be made via a credit card.…
-
Self Managing - Direct Debit or Standing Order?
I had settled into a DMP with StepChange and understand all the processes, I did jump in and do this too quickly and so am now looking to stop the DMP. Go self managed and only start paying off the ones which have defaulted and gone to collections while I await the remaining defaults. So far, only one Debt has defaulted -…
-
Worried but also feeling positive
Hi Everyone So this is REALLY REALLY bad, however we are where we are and now is our time to sort this gigantic debt out. The debt has built up over many years due to house renovations, IVF and general overspending and lack of attention to the budget. We are now at a precipice where we either sort it out, or we end up in…
-
Creditors have asked for income and expenditure information.
Hi everyone. I've previously posted to ask for advice about coming out of my iva. Fast forward a few months my iva has now been terminated and a few of my creditors have made contact. I owe around £6000 to 5 creditors. I made contact with the 2 main creditors this week PRA group who I owe £3800 and the debt collectors who…
-
Default Accounts
Hello, I currently have four accounts that are overdue and part of a Token Payment Plan. I pay £1 to:- Aqua Credit Card 118 118 Credit Card Santander Credit Card PayPal Credit Barclays Overdraft The total is £6k. The Step Change Charity handles my repayments. They only really offered me a Token Payment Plan and no other…
-
Short settlement and impact on future mortgage
I'm helping my brother-in-law and his wife sort out their finances. They are planning to offer £10K on a £17K debt managed by Payplan. I understand this would result in a short settlement. However, they've also got mortgage challenges. Their current mortgage term expires in 3 years. They will still have a significant…
-
Advice Please - Quite Complicated!
Hello everyone I need some advice on something that has come as a bit of a surprise. Two weeks ago I was sent a letter from a company called Resolvecall who stated that they needed to get in touch with me about a Credit card debt of £3300 for M and S. I used to live in Scotland and while I lived there, my ex husband…
-
How on earth do you save?!
For those who tend to search posters, I have a bit of a chequered financial history. This was mainly through poor decisions and mindset following financial abuse in a previous relationship, I have found it so hard to get out of the mindset that I have to spend so it doesn't get taken away. It also made me very…
-
Which one?
I have talked to Payplan and Stepchange and am now more confused and stressed than ever. Stepchange tell me to do a DMP and Payplan tell me to do an IVA. I cannot and will not release equity on the house this is not an option. I find an IVA scary as it's such a formal thing. I really don't know which way to go.
-
Setting aside a CCJ obtained by Lowell Ltd
Hi all, I’m hoping to get advice on the witness statement that will support my application to set aside a default judgement made against me in Feb 2020 for £295. If anyone has any experience of putting together a set aside application, please do get in touch or let me know if it would help to post my statement here. I've…
-
In or near St Albans? Citizens Advice session on money and energy saving at the library in the Malti
Citizens Advice St Albans and District will be holding a talk on saving money and saving energy costs this Wednesday (5th Oct) at 10.30am. If you would like to attend, either pop into the library to let them know, or reply below and I will save you a ticket. The talk is free and the plan is to hold a second at the end of…
-
Best plan moving forward with soa
Hi all just looking for advice. Got my self in to some horrible debt. Spoke to step change and they basically told me to carry on paying token payments or bankruptcy which i will not do. Feeling really low of late and struggling mentally with it all. Any advice would be great Em x[font=courier new][b]Statement of Affairs…
-
Link/Wescot CCA provided
Hi months after my initial cca request was sent, Wescot have finally sent over the paperwork requested and it all looks above board. Debt was originally a Halifax loan. does this mean the debt is enforceable? I have tried to make FFA of about 40% which would have been secured borrowing against my property, this was…
-
DMP application
Hi All, I have decided to start a DMP with Stepchange today due to my debts getting more and more harder to deal with. I haven't missed a payment as of yet and I have about 45k with 7 different creditors,meaning 90% of my salary goes to debt repayments every month. Reading through the forum it looks like I made a mistake…
