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Brachers
Hi, My Amex defaulted. Once it was defaulted it was passed onto Brachers. They have been contacting me, and I made be payment to them, but the next day they have sent a formal letter of claim. I am going to fill it out and show that the payment is what I can afford monthly. But should I call them? Or just send the form…
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DMP: 2 x CCA requests? Credit Agreement and Affordability - Is it worthwhile?
Dear All, I am now 2+ years into a DMP with Stepchange, paid off over £10K with £25K to go. Debt free date is currently June 2030. I have a total of 10 creditors of varying amounts. In regards to some of my creditors I am wondering if it is worth doing a CCA letter for two different things but would be helpful (these are…
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Mortgage, DMP and Looming Retirement
I kinda have a plan for this but I would be grateful to hear what people think. Scenario I'm 62, due to retire in Dec 2029 - only 4 1/2 years. We have a mortgage, 42k at 1.59% fixed until August 2026. I have 3 creditors Tesco, PRA, Sainsbury's, totalling £18k. We will both get full state pensions, but we have drawn down on…
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Redress for data breach by Halifax for corresponding with the wrong debt management company
Hi Forumites, I made a formal complaint to Halifax about why they (unlike my other creditors) didn't default my credit card account in 2019 when I was 4 months in arrears and then entered into a DMP managed by PayPlan. Someone from the complaint team at Halifax called me this morning to discuss the complaint. She referred…
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Moorcroft
Looking for some advice re a debt repayment plan I have with Moorcroft Debt Recovery Ltd. Myself and a business partner had a business account/overdraft with RBS. The business failed and we were left £20k deep in the overdraft. RBS sold the debt to Moorcroft by which time my ex business partner had left for Australia and…
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What are my options?
Hi, I'm considering my options - Have been online with Stepchange and the three options were 1) DMP, 2) IVA and 3) Bankruptcy, I'm thinking bankruptcy might be my preference given I have no assets and would like to be debt free and fresh start by 46. Whole host of reasons for my situation (£93+k) in debt, I'll not list…
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Should I get an IVA?
Hi everyone. I hope you can help. I've gotten myself in a big pickle. I've been dealing with a gambling addiction which thankfully I'm now on the other side of but i've racked up £22k worth of debt. I have a full time job but not paid that well and repaying £461 each month with nearly 4 years left. It leaves me with very…
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Letters from Enforcement Officers and what to do about them
Enforcement Offices _____________________ I'm seeking help and advice IM sure this has happened to many people now its happened to me... A big white letter appears through my door. Its from the Magistrates court. In bold are numbers, numbers no- one ever wants to see- £1014.00..."as you have failed to make payment..." I…
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Moorcroft/Tesco Bank Loan
Hello all, I'm managing my own DMP and my outstanding loan of c.£21k with Tesco Bank has been passed onto Moorcroft. Moorcroft are only the collection agent on behalf of Tesco. The loan is fairly recent (within the last 3 years) so I haven't yet requested a CCA on the basis that it can probably be provided. I currently pay…
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Bad Debts
Hi all, HELP! i am desperate! My rent fell short this month as DWP/housing didn't pay the rent saying "got paid twice this period". Now my Landlord/Housig Association is chasing me for the balance as I'm already in debt from a previous,long time before now, and threating me with immediate eviction. I'm old and I suffer…
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Tackling £31,000 of Debt
Hi there, I hope this post is in the right place? I would like some help. I really want to start tackling my debts. I am 27, self-employed with a rough income of £2500 a month. I had some issues the last few years, struggling with depression and addiction. This led me to borrow a lot of money that I didn't really…
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Default notice advice please.
This discussion was created from comments split from: Waiting for defaults.
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Old CCJ and Statue Barred debt
Any advice will be greatly appreciated! Sent out a Statue Barred debt email to a debt collection company and received this response back from them. Trying to understand what they are saying and how is the best way to resolve this with a response. Thanks, L
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Mint Credit Card Company
Good afternoon, I have a debt with Mint that I am paying off a amount each month and now Cabot Financial are offering me a discount if I pay them. Do I continue to pay Mint or do I write and get confirmation from Cabot saying that they are offering this discount. Thank you Catherine W
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About to default on 3 debts - scared!
Due to some pretty serious and traumatic life events I've come to the realisation that I've just been surviving, and yes, staying on top of my debts but it's not sustainable. I'm on UC now and applying for limited work capability and ADP. Family issues, my own health, and addictions have all led to this and I'm exhausted…
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Overdrafts and defaults
Hi everyone im in about 28k debt trying to save emergency fund. Made a mistake with Monzo loan and also my bank by setting up a £5 a month payment to them, but hoping they default the loan soon. I have about 12 creditors and I’m getting quite scared and panicky. Vanquis credit card defaulted so my plan was to set up token…
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Overdales - Notice of Intention to issue a County Court Claim
Hi all, Been reading on here for a number of months, has been eye opening. Situation is currently as follows: 10th June: Received an email
form Overdales that they have been instructed by Lowell in relation to an
amount of £3,200 owing (original CC was with 118118Money), with reply required
within 7 days. 16th June (still…
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Wescot
My Barclaycard has just defaulted and been passed to Wescot. What are they like to deal with? Are they good at settlement offers in the future? Aside from setting up a monthly payment is there anything else I now need to do?
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ownership of debts
After running into debt whilst seriously ill around 1997, I agreed to pay a few pounds a week to my creditors, and did so for years. Then the debts got sold off to other companies multiple times. I then had another series of medical crises, and a relative took over my financial affairs, continuing to pay the agreed amounts…
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No choice but to consider DMP - help appreciated!
Hi, I have been reading advice on this forum for a while and I've realised that despite trying for years to repay my credit card debts I have actually just been treading water at best and now more recently getting further into debt month by month. It has been a combination of everything being more expensive post pandemic…
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