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Defaults have begun: self-managed DMP
Hi everyone, This is my first post, so apologies in advance for any newbie mistakes. I’ve been following this thread for a while now and have been taking on board the advice shared here. Like many others, I found myself stuck in a cycle of growing debt, with interest payments becoming unmanageable; all stems from a…
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Pleaee help. Had this email 3 times
Dear, (Removed by Forum Team) We have made various attempts to contact you and given you many opportunities to respond us regarding your debt owed. Despite our contact, we have still not received a satisfactory response from you. We must now proceed with enforcement by removal and sale of your goods. You should note that…
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Switch before DMP
Hiya, just starting to stop paying debts ready for them to default before starting. Dmp after reading all the advise over the last few weeks. I have a loan and overdraft with Santander who I bank with. If I cancel the direct debits for my debt and then switch to Barclays will that work rather than having to change it all…
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Advised to DMP
Ive been in contact with stepchange who have advised DMP. None of my debts have defaulted - I have just missed my first payment I panicked with Stepchange and asked for breathing space (expires on 4th August). Stepchange are asking for further details such as wage slip with address etc...so has not been setup on DMP with…
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affordability complaint
Is it generally worth appealing the first decision made by the financial ombudsman if they do not uphold your complaint? Specifically they state the lender could have considered transfers into my account I identified as my partners income and child maintenance as income, which raised my total income by 2300. Should my…
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Progressive Illness and Debt.
Hi all, Hope you're well, i have been suffering from a Neurological condition for over 8 years and sadly over the past 6 months it's been progressing quite rapidly. I have had to leave my job due to my illness. I am struggling to pay my NatWest Credit Card i have explained my circumstances to them and they won't budge at…
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DMP and Bonus
I'm on DMP, paying off 5 different loans etc. I've got a bonus in my work - what should I do? 1. Transfer that to DMP, and they split that among all creditors 2. Or select one creditor and ask them to settle the debt for some percent of the total amount (60-80%)?
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Debt collector contact GDPE
Hello all I’ve been reading loads of posts on here and have all been really helpful so first thing today is a huge thank you to all the contributors. I have a lot of personal debt, and following advice on here I will start a DMP once I’ve got defaults from creditors, I’m feeling ok about all that and in control. Specific…
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DRO or DMP I don't know?
I ws made redundant at the start of the year and now work part time for minimum wage and I became a carer for my Father who has Dementia and is living with Cancer. I had been plugging the gaps in my finances with the small savings I have but started to realise this wasn't going to be sustainable. I took out a loan last…
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Debt help
Hi looking for some advice I’ve got debt collectors visiting my house and emailing, texting over a debt from next. Next had emailed me 2 emails one stating that my account was paid in full and that I had cleared my debt ( I haven’t this was sent in error from them ) and one apologizing as it had been sent in error. Could I…
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Zopa Affordability Complaint - Nearly there...
Just wanted to share some news.. I raised an affordability complaint with Zopa for a £20k loan in December. Zopa rejected my complaint and also my appeal. So, I raised the complaint with the FOS in February. Having submitted evidence (bank statements etc.) I seem to be nearing the finish line. The FOS are viewing in my…
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Moorcroft - home visit
Had an issue a few years ago with competition sites, sadly resulting in a significant debt as those sites accept credit cards and aren't considered gambling (already had issues with gambling in the past). Been ignoring it for a couple of years, wrongfully, due to the shame of it all, it got me in a really bad head space…
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Default or AP
Hello, Trying to keep it short, I had a lot of financial issues about 3 years ago, had a cancelled Iva too which has completely ruined my credit as couldn’t remove! Still have 3 years remaining of around 8-10 defaults around 8-10k of debt. Recently went away and unexpectedly had a huge bill with EE over £500 had a credit…
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Debt help
Hello wondered if you could help please? I’ve got myself into a tough situation which I know I’m responsible for and have made mistakes over the years I don’t think mentally I was in right place and have got £132,000 worth of debt that I’m now trying to pay off. I’ve gone through Stepchange to step up a DMP with them and…
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6 months for write off decision - too long?
I submitted a debt write off request to Link Financial back in January, with full supporting evidence including a DMHEF, police report, specialist counselling letter and details of the abuse I went through that led to the debt in question. It’s now mid June, so six months later, and I still haven’t had a decision. I’ve…
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Debt Question
Hi all, Firstly thank you for taking the time to read this. I have followed the steps on a DIY plan, so far I have cancelled the direct debits for the loans and credit cards to stop all payments. Based on recommendations I have ignored calls other than to state I want everything in writing and no more calls. I have had…
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Letter left by DMS Fieldcall
Hi I’ve had a letter left by DMS Fieldcall asking to contact an agent as a matter of urgency. It’s not actually addressed to me, just the occupier and there’s no reference as to what it’s regarding. I don’t have any outstanding debts that are in arrears or anything as far as I’m aware - I had a ccj on my car but that will…
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Debt
Hi everyone so not going to make excuses I got into this Mess I am in all by myself and ignoring things. so I am in a lot of debt and just don’t see a way out of paying this back anytime soon. The interest on each card is getting higher and higher and I can’t change over to a interest free card as it seems to be impossible…
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Does DMP affect mortgage
This discussion was created from comments split from: Struggling with debt? Ask a stepchange debt adviser a question.
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British Gas - Money claim letter
Afternoon all. I have been in this forum in the past for my own debt free journey which has gone fantastic! Unfortunately my partner has took accountability for bills & after hours getting cut at work has struggled for money unbeknownst to myself. Unfortunately we have got a letter of “money claim” against us from British…
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Most recent: From debt to freedom... by Honeysucklelou2
27 August at 11:31PM
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