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County court claim for for statute barred debt
A few days ago my husband received a county court claim form for a debt from 2012 which defaulted in 2016, he suffers from poor mental health and this letter has sent him into a frenzy. Is there any way we can defend this? Thank you in advance
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Likely heading towards a need to default - Impact on spouse
Hi, So over the last 2 years I’ve been working towards clearing my debt. Took it down from about 60k in 2022 to just under 20k last summer. However last year due to some good news on the job front I went on a splurge which not only slowed my debt repayments down for a few months but also added a few more grand to it. I…
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It’s all just hit me :(, but I’m determined to come out the other side
Hello all you wonderful people. I’ve read so many post and seen how helpful and supportive people have been to each other. I thought this would be easy to write but it’s not but here goes…… Just over 40, one child. Life has thrown a lot my way in the last 5 years and somehow I’ve ended up with around £27k of credit card…
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Advice needed on DMP please...
I started a DMP plan with StepChange at the start of this year to tackle growing debts and finally put a plan in place to move forward after many many years of battling debt - I have made 4 payments towards my total debt of £45k (£605 per month). I hadn't defaulted or missed any payments at the time of setting the plan up…
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LINK Financial - Emails
I have a debt over 15k with Link, previously from a Halifax loan. The account is managed by Wescott. The debt is enforceable, I requested documents a few year ago. I have been making token payments now for a few years of £5 a month and have not heard anything for a while, however, I have recently started receiving emails…
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Increasing overall debt to reduce monthly debt
Hi all I'm new here so please bear with me. Due to a variety of reasons I've gotten into a fair bit of debt. I've had a bank loan which I jumped into in a panicked state when I saw a credit card bill that had accumulated through the pandemic. I ended up having to pay out £412.00 per month. I've been doing so for the past 2…
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DEBT MANAGEMENT PLAN AND PROPERTY INHERITANCE (in EU)
Hi Ive been on DMP with Payplan for 3 years,paying less £70 monthly.I owe around 46K. I am self employed.I got a lot of room to generate surplus which is not on my Income Expenditure statement. Creditors- INTRUM-£14000(ZOPA defaulted me)-offering me £4000 deal for F&F-good deal! LINK-£17600(Sainsburys defaulted me)…
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Advice for Link Financial/Wescot Needed
Hi All, I have a debt from close to 15 years ago via a Barclaycard. Total is around £15,000. I defaulted on it a long time ago and it eventually moved to Link Financial. Wescot are managing it on their behalf. Around 7 years ago, I agreed with Wescot to make a monthly nominal payment (£1). I’ve been doing this ever since.…
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Personal Loan to attack credit card debt
Hello I am looking for advice that people have gone with a personal loan to pay credit card debt.I have taken a personal loan that I will use to consolidate 6 credit cards. I have 4 credit cards on high balances, 3 of them are high interest rate.The loan can clear nearly 3 the credit cards completely. However, I am looking…
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Have begun process for defaulting on credit cards….
Hi, I am 2 months into the process of ignoring and not paying CC payments with the idea of defaulting and then going in to DMP. However, my husband has now been diagnosed with stage iv lymphoma and we have just been told that our tenancy will end at the end of the year. I am worried that going down this route to manage our…
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this has been resolved
this has been resolved. thansk. corey.
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Help & Advice needed please….
Good Evening, Not quite sure where to start but I am getting desperate. We are paying over £3k per month on mortgage and secured loan, and it is crippling us. Our credit rating isn’t great…. Does anyone have any help or advice? I can’t carry on anymore. Would really ideally like to get a mortgage so it is all one payment…
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What on earth am I going to think about when...
I am debt free? I spend a lot of time dreaming up ideas and plans to clear it but when it's gone ? I will have a massive hole in my brain space! I have 20 months to go so it it is a while off yet.
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Getting the best debt solution company
Hello, Having read some of the threads online, I have not come across advice on the right company to go with to reduce my debt issues. My credit score is really low, but although I am less than 6k in debt, I am constantly being bombarded with text messages, calls from random mobile numbers and emails from credit companies…
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The Best Process of Closing Credit Card Accounts - Debt from £25k to £0...
I am in the process of clearing off credit card debt of £25k across 7 credit cards. My goal is to have all these cleared by the end of the year and be debt free. At that point I want to close all the credit card accounts, then in early 2026 perhaps open a low credit account with Aqua or someone, just to have as an…
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DMP early repayment help!
Hello, I have a DMP with Stepchange and have had it for 4 years now. I have recently sold my property and will be getting some equity from the sale and moving in with family so want to pay my debt off. Essentially this is a fresh start for me following a really rough few years and I want rid of the debt so I can say…
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Affordability complaint update
Hi. I have submitted some affordability complaints. One is for Bamboo. For 3 loans. They have acknowledged my complaint and asked for bank statements for the prior 2 months before taking out loans to help their investigation. Should I send these? Any advice from any one that has had similar complaints. Thanks
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Ready to tackle my debt
Hi all, Spent the last few days reading and absorbing as much information as I can.Im currently around £25k in debt, loan credit cards. I initially felt guilty thinking about basically defaulting my debts,I've never missed a payment,things changed when I was made redundant last July and I've managed to keep paying.New job…
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CCA Request Debt from 16 years Ago
Hi, just wondered if anyone had any luck submitting CCA requests for debt as old as this one? Have they managed to dig out Credit agreements so far back? Ive been paying token payments towards this old debt for about 13 years, to around 3-4 different DCA's that its been passed around too, and then read on here about CCA…
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£20K Debt help
Hi all, looking for any advice please, I currently have around 5 points of debt (4 credit cards and a loan) totalling approx £20K, I do earn a good income but due to expenses in life I cant quite meet the minimum payments on all of these cards, which all in all is around £500 per month currently plus the loan payment of…
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