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Communication from Creditor Advice
I recently wrote to Moorcroft Debt Recovery regarding my Marks & Spencer debt and have since set up a standing order. The payment has been arranged on a pro-rata basis in line with what I am paying other creditors, and I will continue to send the same amount each month on the same date. Despite this, I keep receiving…
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debt is crippling me
Hi all I am new here and and ashamed that I have managed to get myself into 70k of debt, mainly trying to consolidate debts. These are the things Iv tried to sort it take a bigger loan out to cover half of it. Tried to use some equity on house to pay at least half of debt but I have been told I have to wait until Iv had at…
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Moved: End of mortgage term last year (August 2024) but bank didn't contact me before now - can't p…
This discussion has been moved.
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Advice for son needed please
Hello, I don't know if anyone can help me but not sure where to go/who to ask. When my son was 17 (November 2021) he crashed an uninsured vehicle into a residential property. He was arrested and went to court in June 2022 where he received a 1 year referral order as he was under 18 at the time of the incident and was…
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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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DMP for £60k worth of debt...ready to tackle this!
Hi Everyone – long time lurker about to embark on my self-managed
DMP journey. The main point of my post is to explain how I’m going to go about this, for you
guys to tell me if there’s something I can do better or in a different way and
questions that I have. Are their any tips you may have to help this all go smoother? I…
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Just pulled my head out of the sand
Hi everyone, I have been lingering here for some time and have spent hours and hours (mainly through the sleepless nights) reading posts about self-managed DMPs. I have finally “pulled my head out of the sand” and decided that it is time to take control and to try and eliminate the constant sicky feeling I have around my…
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High debt - IVA or DMP?
Hi All, here is my situation: I am in the deep end with unsecured debt, have been spinning plates for months swapping payment dates & recycling credit card debt from cash machines to keep up minimum payments. Strangely enough I honestly didn't realise the full scale until I sat down and calculated it all. My SOA from lemon…
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Letter of Claim
Hi Kearns have sent me a letter of claim today. The debt in question becomes statued barred in early July What should I do? I cannot send the statued barred letter yet as not yet statued barred, but I need to delay until then without saying I agree to this debt. Please advise what I should do. In this letter of claim says…
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Debts and mortgage
Hi All, would appreciate advice on the below currently have large loans (unsecured) now can’t afford them due to health issues for both myself and partner. we have managed to ensure our mortgage is payed to NatWest, however our large loans are with NatWest also, they are not secured to the house, if we continue to not make…
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Taking out loan to pay off debt
My girlfriend has around 5k of debt through a variety of things, cards, PayPal credit, very,next etc. By the time all the monthly bills have come out she is left with hardly anything which means I’m now having to pay for more which is affecting my finance. We are both low earners but never miss a payment. Would it be a…
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Debt Relief Order £90 fee refund due for some
Anyone who was thinking of taking a DRO (debt relief order) and who paid their £90 fee, but did not submit their application in the end, is now due a refund of the fee they paid. This applies from 2016 onwards, the fee has recently been abolished to make it easier for those in debt to get help. See the link below for more…
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Assets
If someone had visits from DCAs, would they be interested in the car you had on the drive? In my case I have a Kia 2016, which I have a service plan on and it usually gets through MOTs without an issue, so actually I would hate to have to sell and buy a banger as I think that this would be false economy as it never causes…
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Help with my debts please
This discussion was created from comments split from: Struggling with debt? Ask a stepchange debt adviser a question.
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DMP (Stepchange) and redundancy
Hi All, Slightly speculative and hopefully not needed. My employer has issued noticed that redundancies are coming. I should know before the end of this week if I am at risk. In the meantime the waiting is difficult and I have many questions about what will happen as I am the main earner. Currently have a DMP with…
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Managing Credit Card debt whilst on Universal Credit
Asking for a friend with this one.. She has 2 x credit cards with high interest - 33% and 26% retrospectively. Amounts are around £2K total. Ordinarily, she would use a 0% card, but due to now being on a low income and claiming UC as her main income, she is not entitled to set up a new card/transfer balance. What advice…
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Help…..lots of debt
Hi all, I’ve eventually be approved and needing help. So one story short, my husband left me just over 2years ago. 3 children and a mortgage. Hasn’t contributed a penny not even for the children. I’ve literally had to live off credit cards and a loan. I’m now in 50k worth of debt. I can not afford the repayments on these…
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ACI (and other collection agencies)
Hello all, long story short, I have approx 20k of debt spread across 5-6 credit cards that all defaulted sometime in 2021. The debt was accrued during my previous marriage. I worked full-time, my ex didn’t; choosing to do various different further learning courses and be a full-time parent, rather than work. We, therefore,…
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Cap Quest
Hi, my girlfriend has received 3 text messages from cap quest requesting her to call to discuss her account. We don’t know what this is about and have not called them back. She only took out a car loan and we think it is possible it triggered her name on an old debt database. She has not had any finance in the last 7-8…
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