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What do I do!
I have 3 credit cards. In 2022 I cleared my cards before I moved out of parents home to go rent. We done ok not spending on it for awhile after moving out but it quickly became living beyond our means (which is own fault) and we spent and spent on it with the idea of paying it back and never did. Since we bought a house in…
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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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How to stop letters going to old address (running debts to SB, abroad, using UK Postbox)
Hi all — hoping for some advice and to sanity check my plan. I have several old debts (mainly credit cards and loans — Cabot, PRA, Barclays/Barclaycard). They all defaulted in June 2022, so I’m halfway to them going statute barred (England). I’ve made no payments or written acknowledgements since default — I’m deliberately…
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Moorcroft debt collectors
Hi I'm at the start of my self managed dmp, only started in August. I had an email a few days ago from moorcroft on behalf of marbles stating they would like to speak to me on a personal matter. However the last letter I had from marbles was just saying they terminated my agreement and wanted full payment. No default…
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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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Help with debts!
Hello, I'm new to the forum but have read a few threads and have a much better understanding of debt. I still have a few questions though if anybody would be greatful to answer for me. Apologies if they have already been asked an answered but I haven't been able to find any answers. A bit about me... I have had a gambling…
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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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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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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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Debt help. Unsure on what to do
Hi all, I've had a read through the forum and can't see anything like my particular situation. I've read up on consolidation, IVAs etc.. Quick version. I've been self employed/company director for 20+ years. No debt. No loans. With no debt I found it hard to get credit. I opened a new business in a different industry and…
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Dealing with £39K debt
Hello all, I built up debt over probably the last 2 decades, sometimes paying off, but then getting more credit. As the years went on and my wages increased I ended up taking out larger amounts of credit feeling I could handle it as I was always making the payments each month although increasingly this became the minimum…
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