Debt-free wannabe

Hi all, I am really just looking for some advice on how to address this situation. me and partner live together, but are not married and share no assets (as such) or children. we both have some debt, the difference is that mine is somewhat out in the open. I have a loan which was got for a car and some home improvements…

 I have ended up in a difficult situation. £71000 in debt across 8 credit cards, three loans, overdraft and store cards, PayPal etc. I was just about managing to get by until I was hit with £4500 HMRC bill and emergency tax code that swiped £1000 from my income until April. I can post this all again with the SOA but…

Hi all. First‑time poster here, and sorry this is long. I need help from somewhere because I’m completely lost with a situation involving a car finance PCP, a bereavement, probate, and what I believe is a very flawed Financial Ombudsman decision. I’ve tried to summarise the story as clearly as possible. Background My…

I had 2 credit cards in 2015, one was Vanquis and the other Capital One, both were low limits, I was in a secure job and things were fine. in 2018/19 I lost a family member, my job and things got really bad and I had to move house then COVID etc… I couldn't afford the balances on either and to be honest forgot about them.…

Hi all, I've been getting into debt with PayPal for approx 2 years now through my compulsive gambling. I know this has happened to others but I thought PP cracked down on this. I think perhaps you can't spend as much as previously (thank god) but it still can amount to a fair few hundred a month. I've always been so…

Hello everyone, Over the last two years, I have been absolutely reckless with credit cards, which seems to have been caused by personality changes from several different anti-epileptics drugs I have had to take. I am going to have to go into a debt management plan with debts totalling around £20k as I am now on a low…

Hi, My Aqua CC debt has been passed onto Mooorcroft for collection, but the letter states that Aqua have not yet registered a default and may not if I can offer a suitable payment plan. At this point my plan is still to wait for all debts to default and ignore anything before that happens, should I still continue this now…

Hi everyone, I’m new here. I’ve been reading through posts over the past week and can relate to so many of your stories. I thought it was time to share my own situation. Thank you in advance to anyone who takes the time to offer advice — I really appreciate it. I’ve read that it’s often best to let your creditors default…

Hello all, looking for some advice on a CCJ we recently found out about (hopefully this is in the right part of the forums for this, please let me know if it would be better elsewhere!). In a nutshell, we discovered in Feb that a CCJ had been taken out against my other half for debt accrued on the ground rent on a flat he…

Hello, DMP or not

I submitted a debt write off request to Link Financial back in January, with full supporting evidence including a DMHEF, police report, specialist counselling letter and details of the abuse I went through that led to the debt in question. It’s now mid June, so six months later, and I still haven’t had a decision. I’ve…

This discussion was created from comments split from: DMP mutual support thread part 13 !!.

Dear all debt-free wannabes, I’m seeking advice on approaching Full & Final settlement offers with my creditors. Here’s my situation: I have been with PayPlan since 2019 and have paid a total of £40,000 so far. My remaining debt is £6,708, with an estimated completion date of 30 March 2027. My current monthly payment is…

I am currently receiving letters for a historic credit card debt from 2008/9 and the debt balance I do not recognise - It appears it has grossly increased while being passed around. It then went to court and I represented myself in a local sheriff court in 2015 with the help of a CAB lay representative due to not…

Hi i have a statue barred debt, I sent a statue barred letter to lowell and they just kept coming back with discounts via letters I never responded, I have been having text off resolvecall and today a letter do I send a statue barred letter to resolvecall Thank you in advance for any advice

Good afternoon, Trust everyone is well :-) Question pls- I have received the attached Claim Form regarding a very old Barclays debt and wanted to double check what my response should be before I say the wrong thing. In July 2022 I asked Link Financial to supply the original credit agreement and they confirmed that they…

Hoping for some help / advice please! Been in DMP with payplan for 2.5 years. For 5 credit card debts. 3 are showing as in default and have been purchased, 2 are showing as up to date: £4448 (now link) - opened originally 2016 £4072 (now PRA) - opened originally 2008 £2221 (now PRA) - opened originally 2021 £4133 (MBNA) -…

I really need some quick advice. I think I’ve got swept away with the idea of an IVA with PayPlan as that’s what they recommended. A meeting took place yesterday with PayPlan and my creditors to vote, and they said it can all go ahead. Have I reached the point on no return? I don’t think it was the right thing for me to do…

Hi, I’ve come here just for some advice and help with how to manage my finances. I’ve made some really poor financial decisions which has left me with multiple credit cards, high out goings with small not much disposable income and I’m really trying to rectify this anyway I can. I’m trying to avoid going through the IVA…

Hi there - I have received an email from a company called HCE Recovery with the subject 'High Court Writ of Control' It is demanding full and final payment otherwise their High Court Enforcers will be visiting for full payment. The debt is genuine - but I have a payment plan with them, so not sure why they've sent this.…