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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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Partners debt and spending issue
Hi all, I am really just looking for some advice on how to address this situation. me and partner live together, but are not married and share no assets (as such) or children. we both have some debt, the difference is that mine is somewhat out in the open. I have a loan which was got for a car and some home improvements…
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Advice and help with £28k debts
Hello all. Long time lurker here. I've read and taken in a lot of advice from all you lovely people and have finally decided to admit to myself I need help and advice. To cut a long story short; I've had some form of debt since the age of 18 when banks threw credit around for fun (40 now, time flies). 2009 moved in with ex…
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£75k debt. Where to start?
I have ended up in a difficult situation. £71000 in debt across 8 credit cards, three loans, overdraft and store cards, PayPal etc. I was just about managing to get by until I was hit with £4500 HMRC bill and emergency tax code that swiped £1000 from my income until April. I can post this all again with the SOA but…
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Car PCP, Bereavement and an Ombudsman's failure?
Hi all. First‑time poster here, and sorry this is long. I need help from somewhere because I’m completely lost with a situation involving a car finance PCP, a bereavement, probate, and what I believe is a very flawed Financial Ombudsman decision. I’ve tried to summarise the story as clearly as possible. Background My…
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Help with Statute barred (Lowell)
I had 2 credit cards in 2015, one was Vanquis and the other Capital One, both were low limits, I was in a secure job and things were fine. in 2018/19 I lost a family member, my job and things got really bad and I had to move house then COVID etc… I couldn't afford the balances on either and to be honest forgot about them.…
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Sending letters to Creditors
hello everyone, been a while now. I would like an advice on whether i should write to my creditors and say i am out of the country and not returning? I have been contacted by transave and been asking for me to settle. Otherwise, legal action will be taken. Should i reply to this or let it go? Thank you for those who will…
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Advice on my debts
Hi all, Where to start! I am living alone in a rented property (HA) and I need some help regarding my debts as I cannot continue living as I am with the cost of living and taking more and more credit. Current debt stands at around 14k which is a mixture of credit cards, loans, catalogues, phone contracts etc. I have 3…
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Credit card transfer
I currently have an M&S credit card with a £5,500 balance that I am paying interest on. I would ideally like to do a 0% balance transfer so all payment paying down balance. Even though I have a high credit score I currently am not working as a carer for my son receiving carers allowance/UC. So thought that it may be better…
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PayPal debt through gambling
Hi all, I've been getting into debt with PayPal for approx 2 years now through my compulsive gambling. I know this has happened to others but I thought PP cracked down on this. I think perhaps you can't spend as much as previously (thank god) but it still can amount to a fair few hundred a month. I've always been so…
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Need help getting out of debt cycle!!!
Hi, I'm new here so apologies if this isn't the right section to post this and thank you to all the knowledgeable and helpfull people that contribute to this forum :) . Over the years I have accumulated this debt and I have just borrowed and borrowed to cover the monthly payments and it's caught up wiyh me and can no…
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Waiting for debts to default before entering a DMP?
Hello everyone, Over the last two years, I have been absolutely reckless with credit cards, which seems to have been caused by personality changes from several different anti-epileptics drugs I have had to take. I am going to have to go into a debt management plan with debts totalling around £20k as I am now on a low…
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Contact from Moorcroft Before Default
Hi, My Aqua CC debt has been passed onto Mooorcroft for collection, but the letter states that Aqua have not yet registered a default and may not if I can offer a suitable payment plan. At this point my plan is still to wait for all debts to default and ignore anything before that happens, should I still continue this now…
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Urgent advice. DMP now or default first. Please help on a plan
Hi everyone, I’m new here. I’ve been reading
through posts over the past week and can relate to so many of your stories. I
thought it was time to share my own situation. Thank you in advance to anyone
who takes the time to offer advice — I really appreciate it. I’ve read that it’s often best to
let your creditors default…
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Disability & Unsecured Borrowing
To lay out the facts. Aged in 50s, forced to leave work last year due to declining health and stubborn employer. Live alone, I have recently been placed in the support group for ESA. Only 3% of people ever return to working from this group. it's highly unlikely I will be one of them, given my health issues (physical). I…
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CCJ Advice
Hello all, looking for some advice on a CCJ we recently found out about (hopefully this is in the right part of the forums for this, please let me know if it would be better elsewhere!). In a nutshell, we discovered in Feb that a CCJ had been taken out against my other half for debt accrued on the ground rent on a flat he…
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DMP or Not?? Confused
Hello, I’m looking for some advice and thoughts from people in this great community….apologies in advance for lengthy post! For several years I’ve suffered with an intense gambling addiction (I’m dealing with this through professional help), after hitting rock bottom a few months ago and feeling like I have nowhere else to…
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6 months for write off decision - too long?
I submitted a debt write off request to Link Financial back in January, with full supporting evidence including a DMHEF, police report, specialist counselling letter and details of the abuse I went through that led to the debt in question. It’s now mid June, so six months later, and I still haven’t had a decision. I’ve…
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Cabot county court claim form received, advice on how to proceed most welcome.
This discussion was created from comments split from: DMP mutual support thread part 13 !!.
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Please help £75k debt!
Hello everyone, I found this forum and have been reading different stories the last couple of weeks because find myself at breaking point, 35/M I have a history of gambling addiction which is the root cause and for the first time in my life ( it has been approx 2 months where i feel in control of it and honest with it to…
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Help DMP not DRO or IVA-should this be in benefits?
63 year old lady Please don’t judge me being on benefits since my health massively deteriorated over past 5 yrs plus and work issues etc Debt credit cards £9k Car asset paid for - Parkers estimate private £4740 - £5920 (needed as long term Ill health and severe mental health,live out in country very little transport, many…
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