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What debt to pay first? - Currently stuck with my decision
Hi All, I currently have an issue where my debt is now under control in terms of payments and lowering steadily. The only thing is i dont know which is going to be the best way to clear it, we are not stuck in the house all day and have an active lifestyle due to 2 children and i do want to have a bit of free cash…
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Capquest I'm confused please help
I had a letter from capquest saying I own money to shop direct and that they have taken over the debt. With a random ref number ,I have no clue what this debt is ,I've not had any shopping catalogues in many years . Should I just ignore this or what do I do. It say if I pay a reduced amount the the debt is settled
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Seeking Advice on Sending a Letter to Request Debt Write-Off
Hi everyone, I’m looking for some advice on how to handle a really difficult situation. I’ve written a letter explaining the circumstances surrounding my debt, which was incurred during a period of severe abuse in every sense of the word (unfortunately) where I had no autonomy or control over my financial decisions or any…
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unknown debt request from arrow
hello we received a letter dated 11/10/2024 from a company called arrow, no idea who they are... the also had another letter inside from a company called opos.. both letters was claiming that they took over a debt on 1/06/2023 and say we owe a debt of £250 from Shop Direct (Carval).. that of we have no idea who they are…
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New debt added to credit file from AGG - no idea who they are!
Hi, can anyone advise on what to do please. I am trying to clear off last few debts and rebuild my credit file and I have just noticed my transunion score dropped hugely so I was just looking at the report and it seems a new debt was added. It says September last year but I don't recall seeing it before and have only just…
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Debt advice 40k
Hello, I am in £40k debt (loan 26k and 2 cc totaling 13k). I earn enough to cover the repayments each month but ONLY JUST and I am left with not much to live with. If I continue it would all be paid in five years. I'm a shared ownership homeowner (75% share). I live with my partner who owns his own place too which he rents…
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Telling My Husband About about my DMP
So to cut it all short. I moved in with my boyfriend into our flat, we went through a mortgage and everything and that's when things started to go down hill. I got into quite a bit of debt, loans, credit cards and all that. I got into about £7,000 worth of debt which I know isn't terrible but I'm self employed and only…
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What is my best option going forward?
Hello all! I recently decided to make a change to my circumstances and want to be debt free. I’m not sure where to go. I have 3400 in credit card 7600 in a car finance, 1000 on store cards. 8800 in a personal loan. They were all very silly expenses I didn’t need but being young a dumb I just didn’t care. I looked at my…
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Being Chased for a really old debt(s)
Morning All, After a little help. A few weeks ago i received out of the blue a txt message from a company call Perch Verify stating i must con tact them, it had a reference number on it and thats it. Assuming it was span i ignored. I then last week received as letter from them claiming to act on behalf of ACI and debt…
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Dealing with Mortimer Clarke
Last week I received a letter from Cabot advising they were passing my debt from Aqua to their solicitors Mortimer Clarke, I then received a letter from MC advising they would be pursuing CCJ if no response was received. This debt has had no payments towards it, nor have I corresponded with any debt collectors regarding it…
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Tomlin Order - CCJ set aside but payment plan already in place (PRA)
Hi all, I’m in a really tough situation and could use some advice. Last year was terrible for me, with redundancies, poor mental health, and living in an awful situation. Over the summer, I managed to get an internship at a different location. During this time, PRA filed a CCJ claim against me at an address I wasn’t living…
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Possible DMP or Default and Wait?
Well tonight was the night I faced reality…..and the reality is I owe £62k across 6 credit cards and 2 loans. The monthly payments are killing me, and the interest on the cards means that I’m barely paying anything off every month. I was pretty sure a DMP with StepChange was my only option, but having read lots of useful…
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Husband accrued 50k debt without telling me
Hi everyone I can’t believe I’m actually writing this but it looks like there is so much help on here, I am hoping I can get help to make a decision. We have a mortgaged house with about 40% equity. 2 children both around university age so will need financial support from us, which I am desperate to give. My MIL was in a…
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Debt collectors
All, I urgently require some assistance. I have gone through some threads but cannot find what I'm looking for. So I've had a bad hand. Been going through divorce and custody since 2023 and in 70k worth of debt. Virgin sold debt to Lowell.Capital on tap sold debt to shire recoveries.Mbna/ Barclays are on Hold. Hsbc have…
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HELP! i’m a student in debt and im overwhelmed!
Hi guys,. i’m wondering if someone could help me please or give me some advice. i’m 22 from the UK and a full time uni student. I come from quite a low income background, my mum is a single parent who has only ever worked in jobs that don’t require qualifications, so when i got access to my own money i went a bit wild with…
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£55K debt
[font=courier new][b]Statement of Affairs and Personal Balance Sheet[/b][b] Household Information[/b]Number of adults in household........... 2Number of children in household......... 2Number of cars owned.................... 1[b] Monthly Income Details[/b]Monthly income after tax................ 0Partners monthly income…
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Newbie starting a self managed DMP
Hello, Newbie here 👋 I’ve been reading lots of posts on this forum to get to a point where I understand the self management DMP process. Still trying to get my head around it. Very alien as I pay everything on time but the monthly payments are unmanageable which results in more debt - ultimately robbing Peter to pay Paul…
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Email from a bailiff, is this a scam?
Had this email recieved this morning - sounds like a scam or scare tactic to me as surely if they issue a ccj the court decides if i can pay in installements and its not automic removal of goods? Do debt is noted, nor amount.... i paste the entire email excluding my name below. Any advice much appreciated, btw his email…
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DMP and CCA Help
Hello, Looking for some help with a DMP I started with Stepchange in the middle of last year when I separated from a partner and it changed my outgoings considerably meaning I couldn't manage the debt level I had. I can't fault them they helped a lot when my head wasn't in a great space and I wasn't dealing with the…
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Searching for a Debt Free Happy ever after
Morning! I've been reading some diaries and lurking for a while and am taking the plunge to make changes for my family and to get debt free. I don't want to make too many excuses but at 40 years old need to start to take charge. I'd really love help and advice too with how to tackle things. I have a gorgeous husband and…
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