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DMP mutual support thread part 13 !!
Welcome to the DMP mutual support thread Part 13 !! Here you can find help in starting and running your DMP, self managed, Stepchange, Payplan and any other DMP all welcome here, but we do encourage you to use a free service, not one you pay for. There is help on getting interest and charges stopped, how to start with an…
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Struggling with debt? Ask a stepchange debt adviser a question
If you need help with your debts, this is the thread for you. This is a new thread, as the old one was getting a tad long. Trained advisers from StepChange Debt Charity are here and waiting to answer your debt questions. They're a friendly bunch so please don't be shy! There are three ways to get in touch: 1 - Simply post…
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Charging Order? The myth
I feel that this is so important that I thought a new thread should be made to highlight the importance of understanding the law on Charging Orders and how many people are stuck with their property in the false believe that they have had a Charging Order put on their property. In particular the thousands of Northern Rock…
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The Debt Free Roll Of Honour
Update December 2018. We started this Debt Free Roll of Honour back in 2006 and since then there have been some fabulously inspiring stories, which you'll see if you read below. To read the most recent debt-free announcements click the double arrow above to head to the last page of the discussion Back to Martin's original…
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NEW POSTERS LOOKING FOR DEBT ADVICE - READ HERE FIRST BEFORE POSTING ANYTHING !!!!!
People post on this board looking for advice on many different debt topics. However its sometimes difficult to post in the right place, so, if you are wanting general advice from our panel of regulars on your debt issues, and how to go about solving them, you create a new thread using the big red "create new" button, top…
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Reclaiming money back from various payday loan companies
Hi all just wanted to share some good news regarding payday loan companies..... From early 2011 until mid 2014 I too was caught in the payday loan trap, all my own fault may I add, I borrow the money and in the end paid every penny back, would estimate 15000 over the years maybe 20. Early this year I saw all the news…
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In Debt and Wannabe Debt Free? first Steps to take are here, please read, then ask questions.
This thread provides guidance about some good first steps you should take if you are in debt and want to get debt-free. It doesn’t matter how big or small your debt is, or whether you are comfortably paying your debts and looking for advice on where to cut back further or struggling to cover your basic needs - we are here…
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Pls remember Debt-Free Wannabe's for support and help not judgement
Martin (Lewis) made the following announcement a few years back. But the link in the stickies is broken. Anyhow, here is what Martin said: "Dear Money savers..... Debt Free Wannabe is one of my favorite boards on this site. It's also one which runs a delicate balance. Many people who have serious debts have hidden them for…
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DFW Sticky-Provit/Statute Barred Letters, Defaults, Mental Health Help and Guidance, all here.
Debt-Free Wannabe Sticky - Please read for links to important topics and help Hi folks :) This is the Debt-Free Wannabe Sticky where links to all current important tools and information will be posted. Links: (1) Those who are new to debt, and want to know where to start, check out these first steps :…
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Statute barred debts and the Limitation Act
Statute barred debts and the Limitation Act Statute Barred debts. A debt will be "Statute Barred" if there has been no acknowledgement of the debt by you making a payment or in writing within the relevant limitation period. The debt would then be legally UNENFORCEABLE, unless the creditor has already taken legal action…
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ACI - Fifteen year old Monument debt
I have received two letters from ACI in respect of an alleged Monument debt that must be, at least, fifteen years old. The second letter says that Verify will be visiting me and that a letter letting me know when will be sent to me shortly. Both letters were sent to an address I left in July and have been forwarded to me…
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Advice about overdales please
Good afternoon I am seeking some advice regarding overdales sending me a claim form for an unpaid Zopa credit card. I was declared bankrupt in January 2019 and issued a 3 year BRO. I applied for a Zopa credit card and got accepted in April 2023. I was managing well initially and then found myself in financial difficulty…
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Text message from Debt Collector - Advice please
I manage my own DMP and only have two debts left to sort out. I’ve received several text messages from a company called AIC Corp saying it’s about my NatWest account. The texts include a link to make a payment or set up a plan. However, I haven’t had any letters or written correspondence from this company — only texts…
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Default notice advice please.
This discussion was created from comments split from: Waiting for defaults.
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Capquest nightmares!
Hi, I received a demand from the above, last Friday. It's been giving me anxiety and waking me up!! Today I've read through some of the historic posts on here, re Capquest and I feel slightly better. However I still don't know how to tackle it. I received a letter addressed to my daughter, but at my address. Capquest say…
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Have a claim for a credit card debt, best next steps?
I'm re-posting this with additional info I have received a claim form via Civil National Business Centre its from a solicitors representing Lloyds, for a credit card debt of c£3000 I haven't made any payments for around 2.5 years when I allowed the debt to slip towards default, as advised here as it happens. I haven't made…
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Frasers Plus
Hey all, trust me I've tried searching the forum but keeps giving me House of Fraser competitions. Anyway Frasers Plus have taken over my Studio account and they've added over £400 interest and it's giving me such a headache, I paid over 50 quid the first month despite it saying no payment was required, that seemed to push…
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Debt letter for Shop direct(carval) but it's not on my credit file.
Can anybody help me with this please? So I keep receiving letters from ACI saying they've been asked to collect a debt on behalf of Capquest. It states the debt is for £699.73! I don't know what this is for or when I'm supposed to have racked up this debt. It says it was originally from Shop Direct (carval) I know they are…
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Adverse credit mortgage application
I entered a DMP in June 2020 with £25000 debt. Never missed a scheduled payment. Although it will fall off of my credit file next year, payments are predicted to last another 5 years. Between us, my partner (no adverse credit) have been saving for a deposit for a mortgage. We have saved roughly 20% but won't be applying…
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Product transfer query
Hello all just a quick query on whether I can be refused a product transfer if I have a default on an (unsecured) loan with the same bank? Mortgage with Barclays and original defaulted loan (in a payment plan) with Tesco Bank which was subsequently bought over by Barclays. Will they check the status of the unsecured loan…
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HSBC Settlement Offer
Hi All, 👋🏻 I just wanted to ask and confirm my understanding of a line in a confirmation letter I’ve received from HSBC regarding acceptance of my settlement offer. They have advised; ”As long as you pay the agreed amount we won’t ask you to repay the remaining balance. However you’ll still be liable for it. This means…
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Lendable query
Good afternoon to all readers. I stopped paying all my creditors in August 2024. One of my creditors was Lendable with whom I had two loans.
They defaulted both accounts in March 2025. One of the loans had a balance of approximately £6000 and
that was sold on to Perch. ACI, on behalf of Perch have made contact and I have…
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Advice to take out IVA or set up agreements with creditors ourselves
My husband and I have a total of 65000 unsecured debt ( credit loans with accrued interest and personal loans) we have a mortgage and second mortgage total of £92000. we are keeping up with all priority bills and insurance for house. But we are no longer able to keep paying all our credit cards . We have ben paying minimum…
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Loan complaint, ombudsman can`t help, ideas?
This discussion was created from comments split from: DMP mutual support thread part 13 !!.
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Cabot Financial
Hey everyone, I’m facing a bit of a moral and financial dilemma and could really use some advice. I have a £5,700 debt with Barclaycard, which has been sold to Cabot. I haven’t made any payments on this account since 29th September 2020. Since I live in Scotland, I understand the debt would be extinguished (become…
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Sense check please
Hi all, thank you for the amazing advice and tips I have been reading over recent weeks. They have given me hope that we can get out of the hole we have been digging deeper and deeper for a few years now. We have two kids, one now adult and pretty much independent, and one living with us who has an extraordinarily…
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Persistent debt need help
I'm not sure what to do , I've been irresponsible and have got Credit cards and catalogues naxed to the limit and im spending £675 a month which is over half my part time income each month on repayments. I'm not making a dent in any of the credit card balances as the little bit of freed up money I end up spending on…
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Default and ccj
Hi guys hope you’re all well. I’m in a bit of a panick. Have unsecured debts of about 26k have stopped paying it all and only one credit card with Vanquis has defaulted. I stopped paying everything around June/july im going to do a dmp with step change but I’m trying to save an emergency fund as advised here but haven’t…
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Is this a scam?
I received this email today, is it a scam My name is Edward Adams, I am contacting you from Debt Enforcement Bailiffs. I am sorry to have to tell you that First Debt Enforcement has obtained a liability order against you for not paying contractual payments towards your debts. THIS IS A SERIOUS MATTER AND YOU SHOULD NOT…
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Full &Final Debt Offer Letter Template
HI All, I am in the process of creating Full and Final settlement letters for my partner for for his 3 remaining debts. I have already requested CCAs and 2 out of the 3 have come back unenforceable - the 3rd is less than £900 balance and that is the one that is enforceable. I am going to gift him some money to clear the…
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