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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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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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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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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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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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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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Debt-Free Wannabe Sticky - Provit & Statute Barred Letters, Defaults, 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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DMP?
Hi All Sorry for the long post but I want to give as much detail as possible. I have started my own business and unfortunately it looks like it will not make it. I have a start up unsecured personal loan with £24000 outstanding and a business loan with £12000 outstanding which is personally guaranteed. So currently £36000…
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I need desperate help!
Hi All, I’m new here and after help from those that have been in the same situation and can help me find a way out! 🙏 I started my business before COVID which was a well-being company for corporates. I did most of the services myself, and it went really well. No debt other than to franchise it, which was put on hold due to…
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Reliance byte unpaid fuel notice
Hello All Has anyone had any run ins with a company called reliance byte? I received a letter a few weeks ago saying I was being charged for unpaid fuel as I’m either the registered keeper or driver at the time, they inside cctv images. I am the registered keeper but was not the driver and the driver is clearly shown in…
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Ccj settlement
Hi Just trying to understand if I have a ccj from a credit card. which is now owned by reston solicitors ccj is from december 2022 and the default for this was made 2021 by Cabot financial. I have no other debts or marks on my credit file. They've recently emailed me asking if I would be interested in an early resettlement…
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cca request?
hello everyone so my debt has been sold to a company called lowells and they are now chasing me for payment is this a good time to do the cca request or should i hang in there until these guys sell it again many thanks steve
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Moved: County Court judgments sent to wrong address
This discussion has been moved.
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dmp or iva
I am self employed and my income has been pretty steady for the past 2 years, I have £22500 debt from credit cards and a loan which so far i have been paying just the minimum on everything but it has squeezed and squeezed my income and i am getting nowhere. I have no savings as I was using them to top up my income when I…
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ccj
Hi all, When a company sell's a debt that has a ccj on it, Does the new company have to go back to court to change the ccj?
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Laying it all out.... time for change
Hi, I've lurked about this forum on and off for years, not been on for a while but here we are looking for advice and help. Hoping this post will keep me focused. I'm around £35k in debt. It's across several credit cards and all at 0% interest which I juggle about when they run out. It's spiralled over the past few years,…
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Bamboo/Next step
I’m after a bit of advice please. Stopped paying debts last November, creditors defaulted in June this year and DMP is going well paying what I decided to pay to whoever bought the debts. Only one of the creditors, Bamboo loans, have not sold the debt or have been in touch with me , despite the fact they also defaulted in…
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Mental Health, Debt and Neurodiversity
Hello there folks, Third attempt at writing this... hopefully this will make sense to someone somewhere! I am 44, recently diagnosed as autistic and need some guidance on staying on the straight and narrow and was wondering how other people managed it? It has dawned on me following chats with my counsellor, StepChange and…
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The emotional toll of a DMP?
Hi There, I never ever thought I would be in the position where I am right now. i am now a few months into my DMP everything is playing out as expected, savings/defaults/debts being passed on etc. the process I get and I am on the road to recovery but it’s a long road. I have an amazing wife who is standing by me to put…
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AMEX and defaults in self managed DMP
Just posting here to see if anyone had experience as to how quickly AMEX default? 2 payments have been missed and the interest is climbing rapidly so keen to know if anyone had experience of this? Many thanks
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Lowell 90% Offer. Advice Please
Hi I recieved a letter recently from Lowell, offering a substantional saving (90%) to settle a long standing debt (Over 10k ) that i have been servicing for year's at a small amount each month.. A family member has offered to give me the funds to settle this debt. Lowell state in their letter that if pay (Just over £1k, by…
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DMP for £60k worth of debt...ready to tackle this!
Hi Everyone – long time lurker about to embark on my self-managed
DMP journey. The main point of my post is to explain how I’m going to go about this, for you
guys to tell me if there’s something I can do better or in a different way and
questions that I have. Are their any tips you may have to help this all go smoother? I…
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Waiting for Defaults
Hi, I'm waiting for 5 debts to default. I have just not paid them and ignored them so far. What I am waiting on is a letter from them saying I've defaulted, then I will offer them £1 token payments by standing order. Do I just wait until that happens, unless I get a letter before action? Should I send them a letter saying…
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Moved: MBNA credit terminated with immediate effect?
This discussion has been moved.
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CCA/Mortgage Advice Needed
Hi All Thanks to the advice given on this forum I have had a DMP for 6 years and after a house sale finally am in the position to request settlement figures. After going self managed, I asked for CCAs and to my surprise 6 creditors haven’t produced it yet. Of the others which are enforceable, most have settled at around…
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Next step in self managed DMP
After getting some great advice on this site I stopped making payments in September on my debts that I could no longer manage. I have been sitting tight waiting for them to default which they are (some faster than others). One of my debts was with American Express who have sold the debt onto AIC, I have read some things…
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Can a creditor withdraw a claim after a set aside?
Hi guys, I've been on here a bit trying to sort out a set aside on a CCJ, I paid the fee for the N244 today so hoping it goes through. I was wondering if the case gets set aside , from what I understand it goes back to the claim stage. Now, can a claim be retracted? I have read stories of people who cannot pay the full…
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