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Default
Self managed DMP. My first default back in November (noticed on credit file in December) was from PayPal however they haven't sent me any default notice or passed the debt on. How would you manage this? Await official letter to start payment plan or just start making payments to PayPal?
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Help with Resolvecall! Debt over 6 years old
Hello all, Thanks for taking the time to read….. I have received a letter today from Link Financial stating a company called Resolvecall with conduct a visit to my house. The debt relates to a Barclays credit card. The card was opened in 2008 and I would say I probably defaulted between 2010-2012. Since I defaulted I have…
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Natwest Drydens Solicitors help please
Natwest loan I defaulted on August 2024 - been waiting for contact to arrange DMP - have received letter from Drydens solicitors in January saying passed to them and threatening action. I made contact and filled in their income form and offered £45 - the loan balance is £17,723 This is now their response I'm confused, what…
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Help with self managed DMP please
This discussion was created from comments split from: DMP mutual support thread part 13 !!.
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CCA Query - Statements sent to me (PRA Group)
Hi Back in December a I made a CCA request to PRA Group. today I received this letter and about 30 pages worth of statements. This debt is related to a Barclaycard CC. is this enough for them to satisfy the CCA request? I just wanted to double check as if it’s, I’ll need to let my DMP know to add them back. tia!
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do I pay off one debt first or do I try pay them off altogether
I have two out standing debts - EE which is £837 - ACI - £2600 I am currently paying £150 towards each of them. I have worked out my finances for next year and could possibly pay £200 towards each of them till paid off. my partner suggested i focus on getting one paid of first instead of attempting both, but I would really…
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Quandaries on debt arising from company insolvency
Hi All, Newbie here and not sure if this is the right forum to be posting about my situation - so apologies if I've got it wrong. I'm an (ex) director of a company that is currently going through a CVA. My co directors and I founded and ran the company for a long period of time through good times and bad. We signed…
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Help: A map for the financially lost
Ok. I am lost and indecisive. Ten yrs ago my plan was to be mortgage free by 50. I am 50 and lost. I need a plan. A plan to stick to! I work in a supermarket full time and have 2 teenagers Car broke and mum loaned my £10k. No pressure to pay her back, in fact sometimes she talks like she doesnt, but will not commit to…
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Finally going to tell my husband about my bad debt i'm scared
Hi I didnt really know where to turn to so just wondering if anyone else has been in the same position. When I met my husband i'd always had a little bit of debt and was stupidly too scared to say. Well fast forward so many years my spending got out of hand and I stupidly took up matched betting to try and clear it. Then I…
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Scottish debt token payments and some questions
I’m back again! When do I offer token payments and how? When the debt defaults do I still make token payments? Does the token payments affect the default date & would the debt still fall off credit file in 6 years or would it be longer due to payments? How much do I offer? Debts will miss their first payment at the end of…
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Help! How do I not lose motivation and ruminate whilst I wait out my debt plan
Hi, A quick overview into my life for the past few years may help with some guidance, so I'll start there. I'm 28 and had been managing debt via balance transfers, but keeping the original cards as well as other usually BNPL and store credit type debts from essentially I was 18 with it peaking around COVID time. During…
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Digital DRA?
Just had a call from Digital DRA - I said I didn't know who they were...lady said that she could tell me who they were calling on behalf of, if I could answer some security questions...eh...no! I have a suspicion they are working on behalf of an Admiral Loan - last payment was November 2024, defaulted in April 2025...no…
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SOA advice appreciated on debt plan
So I posted end of last year about doing a DMP but I didn’t, I just panicked about doing it and continued as I was. So a bit of background, I was earning about another £800 a month on top of what I am earning now, but the second job I was doing came to an end suddenly with about 2 weeks notice in November. So this was the…
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Dmp or not?
Hi All! So currently dealing with a fair bit of debt. Credit cards x 5 (all on 0% for 2 1/2ish years) Unsecured loans x 3 Total being around £34000. So far i have been managing my own way, and if i carry on with it ill be debt free by June 2028. And only have 2 months paying interest out of the 0% of the credit cards. The…
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Advice for SOA please
Hello, I'm trying to put together a SOA so I can look for options for my credit card debt (DMP or DRO), could anyone advise if some of the amounts would be accepted? I've been trawling through bank/credit card statements to see what I've been spending. The amounts that I think could be questioned as higher than average…
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Need cash and credit
Morning all, Hope someone can help. We have £30k of debt looming at us in the face. We are totally aware of it and most of it is in the form of home improvements and needing a new second hand car. We are both high earners with around 2k per month left after paying bills, mortgage, shopping etc. My credit score is…
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Santander settlement
Hi I am looking to settle a debt (Partial settlement ) with Santander. The debt is managed by Moorcroft, Is it better to go direct to Santander, or through Moorcroft? as their dealing with it on behalf of Santander. Thanks in advance.
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Hoping to do self managed DMP ... please check my ponderings
Hello everyone I am hoping to create a self managed DMP as opposed to an IVA with StepChange. Is it really hard? I am just starting to receive letters from Lloyds and MBNA to close my accounts and have received defaults. No idea what to do next!!! Not paid this month's payments... its scary... Here are my details. Hope…
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copy of credit agreement and account DENIED
Hi everyone i had a debt over 20 years ago where i offered £1 a month to which i have been paying for 20 years i have had no contact for many years until Recently caboot was contacting me constantly along with orbit knocking the door So as i was reading this forum i sent them a request for this account history and signed…
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First contact about CC debt over a year after default. Is this legal?
This isn't my first time around the block - I've previously been bankrupt and found this forum extremely helpful back then, but lost my old account. However I am poor and ended up back in debt, though much less of it this time. I defaulted on a fairly hefty credit card debt some time ago - I had applied for a 6 month…
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