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Conundrum
Hello folks, I was down to my last 2 debts, and was able to pay one with a 75% discount with a well-known dca. It was roughly £600 and due to be statute barred in 2027, but I had previously admitted to it. The same company have my final debt also, which is due to be statute barred next July ‘26. I have not admitted to this…
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DMP check list and sanity check
Hi everyone. I have spent many hours going through old posts, reading testimonies and doing my research and first of all just want to say how good the information in here is and how much I appreciate everyone’s input so thank you. To my question/s. From my understanding the steps are basically: statement of affairs (done)…
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Santander Bought back debt
I posted a while ago but have updates today so need advice please on the new stuff and questions! Back story Joint overdraft Husband in an IVA ( them paying his contribution) Me paying wescot (Cabot bought but wescot managed) 6 years later IVA paid off, I'm still paying the remaining balance. Had a letter from Cabot this…
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PRA GROUP - Offer
I was wondering if someone can help or advise what they would do in my situation. I had an old credit card debt going back to the late 90s that I took out and defaulted around 2007 on it. Ever since I have been paying what I can afford to pay and send in income/expenditure details to them very 6 months. They have been fine…
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CCA - reconstituted agreement provided
Hello Many thanks for all your help previously on this Forum about my debts, it’s been a great support mentally for what is a really frightening and stressful situation. As an update: All accounts have now defaulted and I have sent away for CCA for the accounts that have been sold. I have now had back from Cabot a…
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How long can conumser debts be legally chased?
Hi I was looking to get a bit of advice. I entered a DMP back in 2011. After initially repaying a
smaller amount for 5 years, I was able to work with most of my creditors (original
and those the debt was sold to) to arrange a final repayment to close the
accounts in 2018/19. One creditor (who is the 3rd owner of the…
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Fixed and final settlement
Such amazing advise on these pages thank you all for making the journey easier. I’m a way off but when get to fixed and final offer times what percentage is average to pay roughly? Also after what period of time will most consider accepting an offer? Thank you
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Still Waiting for Default letters. Should I ignore NCO?
I’ve missed payments the last 2-3 months for all credit cards and loans with the view to defaulting. I have been receiving letters about missed payment and £12 late fee being charged. I haven’t not answered any phone calls. I have not received any Default Notice from any of my creditors yet and I am still waiting for that.…
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Prioritising Creditors
I am currently paying 21 creditors £1 each per month, they are all debt collection agencies. Today Mortimer Clarke Solicitors have refused my offer of £1 per month saying: "Our client has considered this proposal very carefully and, in view of the outstanding balance and your outgoings, is not prepared to accept the offer…
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How to deal with DCA's with no income?
Hi all. After taking some advice from the kind people on here a number of months ago, I took the decision to allow my existing debts to default. This was the only option available to me at the time and was all I could do to keep my head above water to ensure the mortgage was paid along with all the other priority bills.…
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Start of self managed DMP
Hi!! Having read a lot of posts and comments I’m about to start a self managed DMP. Would probably be easier to go with one of the providers like stepchange but I want the freedom to make decisions and changes along the journey. A bit concerned with the calls and letters and the stress added to it that I know will come…
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Suspicious Email
I received an email from a gmail account in the name of the person who is indicating they represent a company called FCML debt recovery implying I owe a debt to FCML. I have googled the company and cannot find anything at all online. I am just wondering if this is new scam as I cannot find anything online about it and the…
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Unusually fast default notice?
I only missed payments for the first time in February, previously up to date on two NatWest loans and two credit cards. I entered Breathing Space, which runs until 18/03/2025. I am due to start my DMP with StepChange on 1st April for first direct debit and they’ve let my creditors know. Today, I’ve received a default…
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Moved: Removal of charge on property due to lenders death(Scotland)
This discussion has been moved.
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Merged: Santander took back debt possibly?
This discussion has been merged.
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Drafty line of credit
Hi. I have a drafty line of credit. Interest has racked up. Monthly payments high. Any tips to ask them for management plan and freeze charges
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Aci/myjar
I took this loan out a few year before they went into administration and I'm being hounded with phone calls, 6 or 7 a day. Any other advice would be really appreciated. I'm in scotland. MYJAR Limited – in administration "MYJAR" As you may be aware, Paul Robert Boyle, David Michael Clements and Anthony Murphy of Harrisons…
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CCA
Hi all, My Next account defaulted last year as part of my self managed DMP. Next in house collections took over and then another company which I think was Ardent Credit. I asked Ardent to supply CCA, they could not. Since then I have been contacted by Advantis who say they are working for Next. They produced a CCA which I…
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Lowells Debt
I have an old credit card with Lloyds Bank, passed to one debt collection agency after another. My last payment was on 20th November 2018 so it isn't statue barred. I've gone through the whole process of verifying that they have the evidence to take me to court if they need to. It is enforceable. The debt is for £2051.83.…
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Self Managed after 3 years with SC questions
Hi all, Have been with Sc for 3 years, now have 24k from 42k and 13 creditors from 13. Have recently asked for CCAs from all creditors and have so far received 3 of 13 bank. What I was wanting to do was to put SC on hold fro 1 month while awayiignthe ccas and just pay the ones who have given the ccas back and then save the…
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