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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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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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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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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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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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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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LSCDR Debt Collectors Chasing Me For £75 From EDF But Is This Even My Debt?
Hey, so I bought a flat earlier this year and there was just over a month between me buying and actually moving in. In my previous flat I was with Scottish Power and wanted to continue with them in my new place but they couldn't switch the gas and electricy over from the place I was moving out of to the new place until the…
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Link Financial - what to do!
I've had a letter through from Link who I usually only hear form with a statement yearly trying to establish contact and advising that I can expect ResolveCall next week f they don't hear from me. (which is a worry obviously) I WAS about to send them an offer letter for a final settlement and then I remembered to check…
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An on to the next complaint....
Hi Everyone, I am still chipping away at the complaints for my Brother's debts. For those of you who have not seen my previous posts - my brother is heavily in debt and has suffered a massive breakdown and mental health issues. He is on the mend but I have been helping to unpick it all and have now had 3 irresponsible…
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Old charge order restrictions -Help needed urgently
Hi got 2 restrictions registered against me and the hubby from 2009 . We are selling and sale is due to complete in 2 weeks. We have 2 so called final charge orders with mortimer clark/reston solicitor and they have said these have to be paid once the house is sold. My Solicitor has already contacted the companies to…
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Updraft sold account to Perch capital but never issued default notice or default
Hi, wonder if anyone can shed some light on a development in one of my lenders that I’ve been trying to get a default on. I stopped paying 2 Updraft accounts my regular monthly payments back in March (on advice from the forums on how to manage my debts that I can no longer pay). After a few months of hassle from Updraft…
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Default in wrong name
Hi All, just a quick question in the hope someone can help. I've defaulted last year with two Santander credit cards with £5k balances each. The debts have been sold on to ARC Europe who are currently pursuing the debt. However, they are chasing for debt which is in the incorrect surname. It's very similar to my surname…
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Capquest/AGG - on a fishing expedition...
Hi all, first time in this part of the forum, but had success seeing off a PPC last year. Anyhow... Opened a suspicious letter from an unknown address and was expecting it to be PPC PCN - but lo & behold it was a letter (actually two) which seemed to be from Capquest saying they had now assumed a debt from AGG. Neither of…
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6 months missed payments, no correspondence since June. Moocroft contacted- HSBC Debt
I started missing payments in January 2025, and between February and June I was getting loads of letters from creditors—mostly warning that my accounts would be defaulted unless I paid in full by certain dates. But since mid-June, things have gone strangely quiet. I’ve been checking my credit reports across different…
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Cabot and Lowell
I would really appreciate some advice as I don’t know the best way
to go about this. I have 3 debts I’d like to pay off. 1. HSBC loan from 2009. Went to Myling Europe (?) in 2014. With
Cabot now. £8515 2. HSBC credit card from 2009. Went to Myling Europe (?) in 2014.
With Cabot now. £1617 3. HSBC (loan or card?) from…
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Unexpected inheritance… what should I do about these debts?
Hi! I unfortunately have around £10,000 debt that I’ve been burying my head in the sand about for a few years.. - £1195 Old Santander overdraft, which has been passed to Cabot and they're chasing me up - recently sent an Orbit agent to ‘get me in touch with them’ though I wasn’t in just got a slip through the letterbox. I…
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PRA Group -CCA outcome and offer
Hi there I originally posted on this forum nearly a year ago and I’m at the stage where most of debt (if not all) have been defaulted sold onto PRA , Lowell, Cabot l, Link.. I have sent 3 CCA letters : two of which went to Lowell for two separate debt accounts and the last letter went to PRA. My debt from Barclaycard of…
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Full and Final Offer- Cap Quest
Hello, I made a partial offer for settlement that was accepted by Cap Quest. They sent me an email with the following paragraph: The outstanding balance will show as zero on your credit file and you will not be pursued for any remainder of the balance by Capquest or any other third party. Can I be confident in making this…
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How to use parent's DMHEF to protect health & keep home that already has Lifetime Mortgage?
Hi everyone & thanks in advance for any advice you can offer on this one : ) My parent is in their mid-70s and has £26k in unsecured credit card debt across nine accounts. They are two months into a StepChange Debt Management Plan (DMP) with payments of £55 a month, which is a struggle to afford. Two years ago, my other…
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Questions about a DMP and £50k in debt
Hi everyone, over the last couple of weeks I've been focussing a lot on getting our debt in order as our outgoings on paying of credit cards is unsustainable now that I've realised we're going about £230 over every month and using credit to pay for food etc. We have around £48000 across 5 credit cards, a £500 overdraft and…
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ACI & Verify Chasing a very old or fictitious debt
Hi All I have over the last 3 weeks suddenly become the focus of ACI UK & Verify for what I can only surmise is a very old debt (12+yrs) and with increasing frequency, letters / voicemails etc. While I cannot be certain if the debt is or is not mine. I am certain in my knowledge that I have not defaulted on any debt over…
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Pay off morg, or keep saving?
Got 3yr left, around £25'000 left, coming to end of a fixed which was low % had brief look, it would go up by about £40/month if remortgaged. No CC or other debt, apart from PCP car, savings would cover paying off, and leave around 10K, could then start saving again to boost back up. Plan to work for another 3-5yr at…
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Help me with getting debt free :-)
Hi everyone, Please see below my SOA. Can anyone see any parts where we can make a saving. We are a family of 5. Children aged 17,15 and 12. We have 4 pets. Dog, 2 cats and a Leopard Gecko. Holiday's is correct, we are not planning on going on holiday's until debts are paid. The children have A levels and GCSEs this year…
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Lowell, prove it letter reply.
I have recently had some letters from Lowell about a credit card I possibly had in 2018, I don't really remember as I was quite ill at the time and also my mum was at death door in hospital, I sent the prove it letter and they have responded. There is a line that says ' due to the age of the account and data retention, we…
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I'm a little confused with ACI
I am a little confused with a debt that I am currently paying off, it was oakbrook loans and the debt was passed on to ACI. This is where I am slightly confused they don't appear on my credit file, I had letters from them in the past which have been Mr instead of Miss so slightly confused with that also as my friend who…
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Cabot Financial
This discussion was created from comments split from: Cabot Financial- prove it sent help with their reply.
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