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Debt collection help
I have received a couple of letters from Moorcroft with the following paragraph; We have been trying to contact you to help you pay back your outstanding balance, but your account remains, to date, unpaid. We can confirm that in order to prevent the registration of a default in relation to this account our client will…
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Letter from Cherry Godfrey
Morning all, like many I am 6 months into waiting for defaults with the plan to start a DMP. None have defaulted yet although I have had a couple of notices. One of my loans is with Cherry Godfrey and as they are a mainly off shore outfit, they seem to operate a bit differently. They have gone down the route of trying to…
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Default now? :(
Good morning, Please can you help? In 2018 I took put an aqua card and paid it along with a number ot other creditors until 2022 when it all got too much and entered into a DMP with stepchange. I paid religiously with stepchange until 2024 when I decided to get ccas and go it alone. Ive paid every month since albeit a…
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Statute barred debt for a deceased relative.
Sad News. My family member passed away last Monday. When I visited him a couple of weeks ago, I found a debt to MBNA for around £16k for an account opened in 1997. He had very bad dementia and he has debts to water, electric, council tax and this credit card. As a single occupant vulnerable person, he should not have been…
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6 Year old default debt - written off?
I have a few defaults from 2022, which have been passed to a debt collector and I have been making token payments for years now. I am aware that after 6 yrs the defaults drops from my credit file. However, I have acknowledged the debt exists and have been paying to it so the "statue barred" of 6 years does not apply. So I…
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Proposal for a "UK Debt Help Scheme" – Government-Backed Debt Consolidation to Ease Cost of Living
Title: Proposal for a "UK Debt Help Scheme" – Government-Backed Debt Consolidation to Ease Cost of Living Crisis Hi everyone, With the new government under Andy Burnham talking about tackling the cost-of-living crisis and making people's lives easier, I’ve got a practical idea that could help millions of households…
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Unenforceable
I have several very old and defaulted credit card debts and so far all that got back to me, the cca’s are back as unenforceable. There are still 3 or 4 dragging their heels, stating that they are waiting for the original lender to get back to them, one (Cabot) even saying I hadn’t paid the £1 so won’t proceed with my…
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Link unenforceable debt and now Moorcroft
hi I have three unenforceable accounts , no CCAs produced with link . today received three letters from moorcoft debt recovery. Does this mean they have took over my account? I plan to to say that the debts are in unenforceable. Can anyone advise me please? Letter says ‘Your account details have been passed to us by…
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Help needed please re debt and possible DMP
Hi sorry long post alert bit I've got about 70k in debt accrued, personal loans,credit cards, PayPal credit etc. I contacted them all over last few months and agreed repayment plans but I am still hugely struggling. MBNA set up a consolidation loan so unsure where this leave me now applyingnfor DMP with step change. The…
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DMP or IVA?
Hello all - as with many I have amassed a lot of unsecured debt through bad life choices and necessities (Court cases following divorce). I'm not here to moan about it and wallow in self pitty but to tackle the issue head on. SOA is below. I have swayed between DMP and IVA. In all honesty I have no idea which is best and…
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Lowel discount offer advice
hi all lowell have sent me a letter. Offered me a 70% discount. Should I do this? As it says on the letter will affect my credit score more as will only show as partially paid? Or just continue with payments? any help/ advice would be much appreciated
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Nationwide/Moorcroft
I’ve had the following email today from Moorcroft in relation to my defaulted Nationwide loan. As far as I am aware they never responded to the write off request in relation to financial abuse, although I have submitted a SAR to CAB which will confirm this. should I now set up a standing order or should I raise questions…
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Timing of a DMP
Hey, I recently applied for a DMP through StepChange on my roughly 40k worth of debt. On review of lots of online forums I cancelled the DMP and stopped paying all my creditors while I wait to default. I’ve got a few questions though, As I started the DMP process I’ve had a few of my creditors say to me that they have been…
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I think an IVA is best route
Very long story short due to my soon to be ex husbands poor credit at the time the shared ownership house and all family non priority debts were in my name. The financial paperwork for divorce leaves house and all debt to me. Single Mum, one child. £42000 of debt over 4 credit cards/loans. All defaulted in the last 9…
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HP agreement and Credit Card defaults
I have an HP agreement for a car which I use for work and ferrying around elderly parents. It's possible that at some point in the future I may need to miss credit card payments and default on one or more cards. I have a clause in my HP contract which says: "During the currency of this Agreement, you must not: - call a…
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Advice for first time poster please
This discussion was created from comments split from: DMP mutual support thread part 13 !!.
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Potential Scam - Any History? Apex Management Solutions
This may be a legitimate company but I would like to know if it is a possible scam. I recently received an email from this company stating that they are debt collecitng on behalf of someone else. I have no idea what this is and am concerned at the legitimacy. They state they have sent previous correspondence which I…
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Payment Breaks For Loans/Credit Card/Household Bills
Hi all, first time poster here so apologies in advance if this is in the incorrect section. long story short, I'm in between jobs now. I'm due to start a new position with a respectable salary of 35k a year at the beginning of August. I have a lot of my household bills coming out at the end of the month so I'm looking for…
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Advantis
My son has had a letter from Advantis yesterday about legal fees debt , this court case was nearly 13 years ago he has no contact with anybody since and no letters , out of the blue this letter was put through the letterbox yesterday ,My question are have they any right to pursue this debt as it's 13/12 years old Does he…
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Savings in an Absolute Mess
Hello everyone, What would you if your finances looked like this at age 50? -pensions £52K (belatedly paying in 20% via salary sacrifice, including employer contribution) -Savings (including premium bonds): £15K -Investment ISA: £2.7K -Jewellery (conservative resale figure, including £3K of scrap gold instantly…
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