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I am stuck
Hello there, I am a bit stuck on what to do. I owe around £30k to debt. I am a homeowner and do have money in (our) property. However, I cannot get to it because we also have a £75,000 Help To Buy loan on it. If I start a Debt Management Plan I can't buy out the £75k. If I don't buy it out I can't take out any of the money…
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What to tell StepChange
I suspect the answer may be “the truth”, but I’m putting off trying to get through by phone to SC as I think I might be dissuaded from my plan! DMP first payment was April and I paused it in May. Affordability complaint with Financial Ombudsman for 4 NatWest accounts, all passed to Moorcroft and I don’t want to pay…
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Anxiety Over Self-Managed DMP
I was asking advice here a few weeks back re self-managing my DMP. It’s newly set up with StepChange who took first direct debit in April. I’ve asked them to pause May as I had an unexpectedly expensive April 🤦♀️ and I haven’t yet built up an emergency fund to any great degree, which SC have agreed to. I was on the verge…
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CCJ Consent Order from 5 years ago.
I have a CCJ from a £299 parking ticket in issued on 20/05/2021. I settled this CCJ in 2022 after a dispute process. I won't get into the details of the dispute but it was quite unfair in my opinion... During my house search, I realised my CCJ was marked unsettled. However this was wrong. I reached out to the claimant in…
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Is there anything I can do about this debt? - time limits/enforceability
I am currently paying a small token payment monthly to Link Financial for a debt that would have been incurred over 20 years ago now. To be honest I can't even remember what it's for. The remaining balance is several thousand pounds. Due to life circumstances I will never be able to repay the full amount or settle for an…
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I feel a sense of achievement
Hi all So my husband and I have been taxiing a 5k debt thay was for our bathroom renovations. We have finally paid it all off after a year. It might not seem like much but we were paying down other credit cards that carried a balance and the 0npercent deal was eneding sooner. It was also our first time using a money…
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Statute Barred Help
Hi all, I am new to the forum, and looking for some advice. I think I may have made a massive error, I received a letter from ACI concerning a credit card debt from TSB. It is from 2010ish and this is the first I have heard from anyone about it in approx 8 years. I have never replied or contacted anybody ever about it. I…
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Dmp
Hi I’m 36k in debt I have spoke to step change they have suggested a dmp can anyone advise what’s the best way should I go with dmp or not thank you
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Mortimer Clarke Solicitors unresponsive
Good day I am hoping for some wisdom from someone - otherwise we will have to defend in court against Mortimer Clarke Solicitors This is situation: * We have been on a DMP with Step Change - it has gone well and we have 3 payments left to clear all our debt. It has taken 4 years to pay off all our debt. * One debt was…
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Where is the support
I have been In a DMP since Dec 2023 and I don't think I've had any support from Sttepchange really They never reply to emails They never answer your questions So how exactly are they helping I've never have any advice They set up my plan I pay in every month And nothing else I had a big bill come in Aug last year so I said…
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I am terrified
Hello… after receiving a wake up call when HSBC refused a consolidation loan I found this forum. Spoke with a company that helps with dmp and was suggested dmp. Won’t use this company as they are paid and will contact Step Change. But first a bit of a story. i am in my 30s. Divorced 3 years ago. After the divorce my only…
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Lowell saying not statute barred
I have had loads of letters, emails, texts and phone calls from Lowell since November 2024, regarding an old credit card debt The last payment on the account was Sept 2018 . I replied saying the debt is statute barred, however, they are saying it is NOT statute barred as the original lender issued a default notice in Sept…
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British Debt Collection Company threatens with CCJ due to unpaid membership fees on German website
Good morning, I hope everyone is well. I do have a bit of a tricky situation and don't really know where I stand legally. I am German, but do live in the UK for several years. A few years ago I have signed up on a German website for dog breeders, which offers a Premium membership, which I had for the last 3 years. A few…
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Huge interest rates, please help!
Hello - I’m trying to help my spouse who has got in a complete mess with finances. I’ve included some details below. I’m in a relatively good financial position and so can continue to cover the bulk of our household costs (we have separate finances) but given the amount of debt and the huge interest rates I’m wondering if…
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car finance arrears - help!!
Hey, dont know if anyone can help me please. I have an Audi q2 which I have fallen behind on payments with vwfs - ive missed a total of 10 payments from since march last year due to changes in circumstances. Ive had the car since feb 2022 and contract ends march 2026 Im currently working with step change to get my debts…
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Paid overdue service charge - where do I stand with debt agency?
Hi all, I'm really rubbish at these sorts of things so would be really grateful for any advice. I have a small flat managed by a company who changed their approach to billing around six months ago. Previously, all service charges etc were taken from the rent paid by tenants, but there was a shift so that landlords had to…
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Opos Debt Collector HELP
Hi today my husband has recieved a letter from Opos stating they are trying to contact him on behalf of a company called Capquest for a Royal Bank of Scotland ( loan) its for £10,592.72. weve never heard from them people before or capquest, my husband was in debt when i met him 20 years ago but had a flat and gave that…
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M&S loan sold to Wescot
Due to burying my head in the sand about loan repayments after losing my job I have missed 3 loan payments. I have received a letter from M&S about this debt being transferred to Wescot, and now I have had their first letter. They are wanting full repayment of £1,800, which I cannot afford straight away. How do I approach…
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High salary, high equity, high historic debt
Would you be able to help me provide some advice for a friend. They have found themselves in a tricky situation which I think should be relatively easy to get out of but unsure of what the best options for them are. Situation is 1) high salary of £70k a year 2) Three Mortgages on a house that totals £80k but the house is…
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Moriarty Law/Lantern 30 day notice
Hi I have been waiting for my debts to default so that I can look at putting a self managed DMP together. One of my debts, which was 118Money was sold to Lantern, who have now instructed Moriarty Law to start proceedings. I have received what looks to be a letter before claim with a reply form I have to return in 30 days.…
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