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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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Cabot county court claim form received, advice on how to proceed most welcome.
This discussion was created from comments split from: DMP mutual support thread part 13 !!.
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Final Settlement /Any Advice
Dear all debt-free wannabes, I’m seeking advice on approaching Full & Final settlement offers with my creditors. Here’s my situation: I have been with PayPlan since 2019 and have paid a total of £40,000 so far. My remaining debt is £6,708, with an estimated completion date of 30 March 2027. My current monthly payment is…
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Resolve Call/Cabot Letter
I am currently receiving letters for a historic credit card debt from 2008/9 and the debt balance I do not recognise - It appears it has grossly increased while being passed around. It then went to court and I represented myself in a local sheriff court in 2015 with the help of a CAB lay representative due to not…
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Lowell /resolvecall
Hi i have a statue barred debt, I sent a statue barred letter to lowell and they just kept coming back with discounts via letters I never responded, I have been having text off resolvecall and today a letter do I send a statue barred letter to resolvecall Thank you in advance for any advice
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LC Asset 2 S.A.R.L money claim on unenforceable debt
Good afternoon, Trust everyone is well :-) Question pls- I have received the attached Claim Form regarding a very old Barclays debt and wanted to double check what my response should be before I say the wrong thing. In July 2022 I asked Link Financial to supply the original credit agreement and they confirmed that they…
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DMP & CCAs - going self managed?
Hoping for some help / advice please! Been in DMP with payplan for 2.5 years. For 5 credit card debts. 3 are showing as in default and have been purchased, 2 are showing as up to date: £4448 (now link) - opened originally 2016 £4072 (now PRA) - opened originally 2008 £2221 (now PRA) - opened originally 2021 £4133 (MBNA) -…
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Please help! Advice needed re: IVA
I really need some quick advice. I think I’ve got swept away with the idea of an IVA with PayPlan as that’s what they recommended. A meeting took place yesterday with PayPlan and my creditors to vote, and they said it can all go ahead. Have I reached the point on no return? I don’t think it was the right thing for me to do…
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Need help with debt and credit cards, really don’t know where to start and what to do!
Hi, I’ve come here just for some advice and help with how to manage my finances. I’ve made some really poor financial decisions which has left me with multiple credit cards, high out goings with small not much disposable income and I’m really trying to rectify this anyway I can. I’m trying to avoid going through the IVA…
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High Court Writ - looks completely fake, is it?
Hi there - I have received an email from a company called HCE Recovery with the subject 'High Court Writ of Control' It is demanding full and final payment otherwise their High Court Enforcers will be visiting for full payment. The debt is genuine - but I have a payment plan with them, so not sure why they've sent this.…
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Advice on 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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Crippling credit cards - pension draw down in 6 months
Hello there…. house improvements have left us with credit card debts of about 72k, which is costing us a crippling £1,100 per month to service (largely on 0% fee cards). We will pay this off mid-August when we can draw down from a few old pensions, but before then it is making life very hard indeed. Any suggestions at all?
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Mortimer Clarke
Hey guys, so I asked Mortimer Clarke for proof of debt ownership using the prove-it letter provided on here & they sent the debt back to Cabot financial immediately without providing any proof. Does that mean they can’t provide it? Or do I now need to do the same to Cabot? I have other debts with other companies also,…
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Non payment of council tax: Questions.
Hi, First off, apologies if this is in the wrong section. Times are tough for me financially and it's looking like I won't be able to afford my council tax going forward. I can barely make my rent and basics. And as a single person living in low-value social housing, the ever-increasing council tax is unfair and…
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Paying to a debt company
Hi, I wonder if anyone can help. My friend's son owes a few hundred pounds to a debt company and has now had a 'final request ' letter. My friend wants to pay it off for him. She only has one account, a joint account with her husband. He is not her son's father and she does not want her husband to know about the…
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Debt has finally caught up with me
Don't even know how to start this tbh, so I'll just summarise for now. I'm about £56k in debt over a number of loans and 3 credit cards. Until around 12 months ago, I was easily able to manage these debt repayments, and just about get by. A bit of history...It all started around 10 years ago with my divorce, when I ended…
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Bounce Back Loan Default
So, I have a bounce back loan, it was taken out as a sole trader. I'm currently defaulting on all my credit cards and loans since i just can no longer afford them atall, I've had my first default show on Experian for Vanquis. I received a letter today from Moorcroft to say they are acting as collection agent for the bank…
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Help with an old debt
I was very silly alot of years back opened store cards etc and racked up debt. A few years later I thought I had cleared them all up but apparently one has come to light for £900 that a company called verify is threatening to visit my home. This debt must be over 20 years old, as its in my maiden name. My credit file is…
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StepChange v Self-Managed... £85k+ Debt
Hi all, I am trying to decide whether to pursue a DMP via StepChange or Self-Manage. Any thoughts? I am nervous given my debt is so high... I cannot go formal insolvency as I work within the financial industry (I have checked and I do not need to declare and I am not credit screened in my role). * Currently in Breathing…
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13 yo credit card debt / CCAs and partial settlement
Hello - my first ever post. I have two queries. In 2012 I defaulted on several credit cards. Been paying them all a tiny amount per month ever since. All has been quiet until recently when Cabot suddenly started threatening me with debt collectors and sent someone round who left a card. (An issue may be that my direct…
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