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DMP paying it off
Hi i have been given some money recently due to my father passing away and i want to pay off my DMP. It is not enough to cover it but i have heard that creditors will except deals and i want to get this all done with a full and final settlement. Do i go through Stepchange and ask them to deal with it or is there a standard…
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PRA - Unenforceable but on DMP?
Hi all, Attempting to sort mum out of a hole of two decades of old debts. Barclaycard was bought by PRA at christmas and following threads here have sent all debtors CCA requests. PRA is the largest (50%) and the only to come back and say it's not enforceable. She's been on a DMP since June, but due to retirement and…
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Please help resolve a problem - releasing equity vs saving for home improvements
Hello, this is my first thread so I hope it is in the right place. I am just wondering if anyone can help us resolve this issue please, any help or advice gladly received! We have an older house which desperately needs some renovation, especially in the kitchen / diner / utility. We've done a lot so far elsewhere and…
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Keeping statute barred debt alive
Hi, I recall hearing a rumour sometime back that debt recovery companies have a way of alerting credit companies and credit reporting agencies that someone has a statute barred debt. They will conduct audits and credit checks in a specific pattern, like once every 30 days, then 45 days and keep repeating this. It sounds…
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Coming out the other end questions ?
We got ourselves into a pickle 8 yrs ago and had circa 40k debts so went onto a DMP with stepchange, we have took the stance that we spent it so will pay it back and are now down to about 2k owed to banks and credit cards. It's been pretty straightforward and our credit scores are now perfect with no defaults showing and…
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Lowell / Lucas Credit - Letter before action?
Hi all. I have received a letter from Lucas Credit on behalf of Lowell asking for £200 for a 3 year old credit card debt. They say: I'm worried I'll get a CCJ and have bailiffs. What do you think is the best course of action? I'm housebound for the next few months and on the lowest Universal Credit.
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Partial settlement v full.
This discussion was created from comments split from: Help with debt.
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Consent order / Tomlin order / CCJ Set aside
Hello, I have a CCJ on my file from August 2019. The paperwork was sent to an old address (I had left during the marital home whilst in the process of divorcing.) I have received the below from Cabot: "As per your call with our offices on 16th March, you will need to contact the courts to apply to have your CCJ set aside.…
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Partial settlement with Moorcroft
Hi, so I have a true copy of my CCA for a NatWest loan. The balance is £7600 which is my highest debt that I'd love to clear. I have managed to save some money so am thinking to offer a reduced settlement. Should I be super cheeky and offer 25%? At the moment they aren't getting anything, but it's usually just £50 per…
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Too good to be true - capquest / virgin
Among my debts is £9500 ish on a very old virgin credit card. I am on a DMP through sc although I may go self managed soon as they haven’t recently inspired confidence. this is being managed by capquest (perhaps bought?). anyway they have offered a f+f of £2300 which prompted me to suspect that perhaps this debt is…
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Help me manage my debts!!
Hi everyone, I’m new here. I’m looking for some advice. I have an extremely bad credit score due to being stupid as a child and taking out loans etc when I had no idea of the consequences. My partner gave me money to cover most of my debts last year but I feel like I’m paying off one thing then another thing pops up and…
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Resolvecall threat
I'm 5years 6months in to a defaulted debt and haven't spoken with the debtor in this time. The most recent letter says that Resolvecall will be visiting my property in order to get me to reconnect with the debtor unless I make contact within 7days. If I ring the office and give my details will this then reset the clock on…
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CCA true copy
Hi, I requested a CCA for a loan with NatWest from moorcroft. I have been sent a true copy. How do I know if this is suffice for the debt to be enforceable? This is my biggest debt at 7600 so am really keen to make progress. Advice much appreciated. Thank you
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Opus energy scam?
Hi there, I’m not sure if this is in the correct category but I wanted to ask about a recent issue we’ve had. For the past 5/6 months, my dad has been receiving constant letters from a debt collection company claiming he owes over £5000 in energy bills from Opus energy for a corner shop. The only problem is - my dad has…
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Question on 10 year old debt
Hi all, Just a quick question i had a mental breakdown in 2010 and disappeared going totally off grid leaving everything i owned behind , i stopped paying numerous loans , bills and credit cards. I lived often with no fixed oboe hundreds of miles from my home and never returned. Over the last 5 years or so I got help and…
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Don't know what to do
So my partner works full time. I have been out of work due to Covid and health. We've been struggling for a while now. My partner has been with the same bank for 22 years, he's got a loan there which he's paying off regularly, and had a credit card but they closed that last month, but which he's never missed a payment for.…
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Thank you to MSE for giving me a kick up the bum to get debt free
Just over 2 years ago I posted in the mortgage section because I had £14k of credit card debt and i was hoping to remortgage our house to release some equity so we could borrow some money for renovations. I was posting to see if I was right to worry that this might not be looked on favourably when we came to remortgage.…
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Putting together a payment plan for collections
Can anyone advise please. I have been chased for an old school fee debt by a very aggressive collections agency. I have managed to reach out to the school who have agreed to waive interest fees, leaving me with the original debt and collections fees. The school have instructed the collections agency to shift in their…
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Debt collector search of credit file
Hi im in a DMP with stepchange have been for 6 years, still paying and have about 5 years left. Assett collections this week have searched my credit report, although paying via stepchange every month, why would they do this? Should I be worried they are about to register a CCJ against me?
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Moved: Should I close 1 of my 2 credit cards
This discussion has been moved.