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Statute barred credit card
I completed a letter before claim form asking for CCA in feb 2019, they wrote back saying that the account was on hold until it is found. The debt will now be statute barred tomorrow 23rd July 2020. If they find the CCA after this date am I right in thinking that it will indeed be statute barred and they are too late to go…
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What happens if
...you cannot pay a DMP as you have no surplus Do not own your own property but you do have a declaration of trust that says you will get all the equity (My ex husband owns/mortage in his name but the proceeds will come to me) Long story.... You have a long term health condition but can work, in my case, bipolar Can they…
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Can I help myself before debt ends?
Hey, we have a plan with stepchange and all being well that will end in 12 months. 10 if I can help it. I have 3 defaults which for me is a worry, but I can't do anything about that apparently. We have remortgage in 2 years, wife's car payments for another 15 months and a couple of large loans from family to pay off once…
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What Small Things Will You Do This Week? 28/03/22
When we start out on the DFW trail we do loads of "big stuff" that makes quite a difference to our situation. These include having our lightbulb moment, cutting up the credit cards and cancelling Sky and the gym. But once we have done the bigger stuff, we often feel that we are not making the same amount of progress, when…
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DRO - what do I need to prove?
Hi All, I've been filing in my details on the SC website and I think I'm likely to be applying for a DRO. I'm just curious if anyone can tell me what sort of evidence I will need to provide? I haven't got anything to hide, it's just that, partly I am ashamed and don't want to have to have to tell *anyone* about my debt,…
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Debt & mental health
I am embarrassed about how much money I owe in bills My illness has deteriorated causing severe mental health problems! I function by hiding away from the outside world. Laying in bed daily isn’t a choice. Because Ive suffered with a chronic illness all my life mentally I’m broken. i have a debt of maybe £14,000 The…
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0% credit card or loan?
It be better to consolidate the credit cards onto 1 0% card as soon as I can and try and find a cheaper loan to move my current outstanding balance to that, or get a loan for the whole lot? We are hoping to be able to buy a house in the next year (we have deposit already) and going in to the mortgage I would be happy to be…
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1 to 2 months of defaulting on ALL payments - Consequences?
Hello all, I have been unwell and not been able to continue running my business. I doubt I'll ever be able to go back to it. Consequently I've had no income for a while and last month I couldn't pay any loans or CC payments on both my ltd and my personal debt. Possibly this month will be the same but hopefully not. My…
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Bank Complaint
Hi, This is my first post on here, but I wondered if anybody could help.. To cut a long story as short as possible, I took out an overdraft a few years ago, my choice, my fault. I was actually shocked when they agreed to it. My credit files weren't good, and I wasn't working and was a stay at home parent. The fees were…
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Debt advice required
Hi everyone I have come on this forum anonymously to discuss my debt and more importantly - get advice to get rid of it! I think it started in 2019, we purchased a second property to do up and sell, I took a small loan out as well as a credit card to help with the property. We then had lockdown, partner off work but we…
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defaulted account has disappeared from my report
Have an account for about 4,500 with pra that has been unenforceable for over 4 years as they couldnt supply a CCA. so my only contact from them was a statement every few months and an occasional offer of a 20% discount. I just ignored all this. I havnt heard anything for about 6 months now. When i look at my credit report…
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Mortgage arrears query
Hi everyone In November 2021 I missed a mortgage payment. It was the only missed payment and have made all payments since. I won’t go into huge detail about the reasons as I have posted lots on the debt free wannabe forum and I have been putting plans in place for debts and ensuring I meet my mortgage and will always…
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Hoist Finance (settlements)
Hi, been in a DMP with Payplan for 10 years, got the debt down and biggest creditor is Hoist Finance (13k). Other creditors i have regularly post me offers of 70% reduction to settle (but i don't want to accept before i deal with the biggest debt). Does anyone have experience settling with Hoist in particular, and what…
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Energy bills go up TOMORROW - meter read TODAY!
**edit** Addition as at 31/3/22 If you are on an old-style meter you MUST read it and submit those readings to your provider today if you want to be sure of being charged accurately for the energy you have used ahead of the steep increase tomorrow. If you have a smart meter then the recommendation is to read it anyway, and…
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Cabot obtained CCJ with no original or constituted Agreement
I received what appears to be a standard letter notifying me that Aqua had assigned the debt and its rights to Cabot. Cabot, through Mortimer Solicitors, took me to Court and obtained a CCJ. The debt is now cleared in full and marked as satisfied. I sent a SAR to Cabot and received correspondences and logs, but no…
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payment arrangement classed as a default
My wife has just entered into a payment arrangement with her creditors as she is suffering from long covid and has gone part time at work untill she gets back on her feet, one of her creditors has accepted her arrangement but today sent her a notice of default. is this normal? she is completely up to date with her normal…
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Dmp or Dro? Help!
Any and all advise is welcome please!
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CCJ Set aside - what happens next?
Hi I'm hoping someone can help. My adult child has been sent a bailiff letter re a CCJ they were unaware of. The N244 has been completed to set aside the judgement with the defence that the papers were served to an old address. The hearing was held in March and was successful, with the judge saying that the case will be…
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Intrum threatening legal action
Intrum have recently taken on my outstanding credit card debt owed to Tesco. Initial correspondence encouraged me to call them but also said I could manage the account completely online if I would prefer to. This is my preference and therefore I set up my online account, transferred my standing order over to them and have…
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Balance Transfer Partial
Hi All, New to the forum, I want to be debt free and have been reading through a lot of posts and the debt free guides on MSE and have recently cleared a few debts (stupidly it wasn't a very efficient way of paying it off, but what's done is done). I have two debts remaining, both credit cards. I looked at my eligibility…