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Default in wrong name
Hi All, just a quick question in the hope someone can help. I've defaulted last year with two Santander credit cards with £5k balances each. The debts have been sold on to ARC Europe who are currently pursuing the debt. However, they are chasing for debt which is in the incorrect surname. It's very similar to my surname…
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Unexpected inheritance… what should I do about these debts?
Hi! I unfortunately have around £10,000 debt that I’ve been burying my head in the sand about for a few years.. - £1195 Old Santander overdraft, which has been passed to Cabot and they're chasing me up - recently sent an Orbit agent to ‘get me in touch with them’ though I wasn’t in just got a slip through the letterbox. I…
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PRA Group -CCA outcome and offer
Hi there I originally posted on this forum nearly a year ago and I’m at the stage where most of debt (if not all) have been defaulted sold onto PRA , Lowell, Cabot l, Link.. I have sent 3 CCA letters : two of which went to Lowell for two separate debt accounts and the last letter went to PRA. My debt from Barclaycard of…
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Full and Final Offer- Cap Quest
Hello, I made a partial offer for settlement that was accepted by Cap Quest. They sent me an email with the following paragraph: The outstanding balance will show as zero on your credit file and you will not be pursued for any remainder of the balance by Capquest or any other third party. Can I be confident in making this…
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How to use parent's DMHEF to protect health & keep home that already has Lifetime Mortgage?
Hi everyone & thanks in advance for any advice you can offer on this one : ) My parent is in their mid-70s and has £26k in unsecured credit card debt across nine accounts. They are two months into a StepChange Debt Management Plan (DMP) with payments of £55 a month, which is a struggle to afford. Two years ago, my other…
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Help me with getting debt free :-)
Hi everyone, Please see below my SOA. Can anyone see any parts where we can make a saving. We are a family of 5. Children aged 17,15 and 12. We have 4 pets. Dog, 2 cats and a Leopard Gecko. Holiday's is correct, we are not planning on going on holiday's until debts are paid. The children have A levels and GCSEs this year…
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Lowell, prove it letter reply.
I have recently had some letters from Lowell about a credit card I possibly had in 2018, I don't really remember as I was quite ill at the time and also my mum was at death door in hospital, I sent the prove it letter and they have responded. There is a line that says ' due to the age of the account and data retention, we…
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Cabot Financial
This discussion was created from comments split from: Cabot Financial- prove it sent help with their reply.
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Best Strategy for DMP start date
Hi, I have read a lot of the threads so far and believe I have the best idea for strategy. Between my OH and myself we have £109k unsecured debt (11 credit cards, 3 overdrafts, 2 personal loans and some smaller credit lines from retailers) Yes its a massive hole and have been managing to keep head above water but for the…
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Quick question about CCA agreement
Hi all I wrote about this time last year in total despair about my credit card debt. To anyone going through it, it gets better believe me. I have five separate creditors. All have defaulted and I am making payments to three of them via collection companies. One of my creditors is TSB Bank. I have gone through exactly the…
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Time between default and ccj
hi everyone hope you’re well so I’m in the dreaded period of ignoring all my creditors and waiting for defaults. I had a few questions for anyone who might be able to put my mind at ease im in about 28k of cc debt loan and PayPal credit and an old Lowell account ive been reading this forum through and through and can’t…
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Council Tax Debt Collection
First timer tho I’ve been on the newsletter for years. My mums facing some frustration. Many years ago her and her ex owned a property which due to financial issues, during a nasty breakup, started facing repossession from the bank. My mum moved out and started renting elsewhere. The ex started subletting the rooms a few…
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Cabot Financial
I need advice for a member of my family please. They received a letter saying Cabot Financial had taken them to court, and if debt not paid by 22/8/25 they will send the bailiffs. My family member rung the court this morning , she explained that she had not received any letters etc, she is unwell as she has cancer. Anyway…
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Self- Management DMP- Help
we've decided to self manage our own DMP Plan. my main question is, what do each bank (credit card or loan) ask from us once we say we can only afford X amount each month. Is it 3 months bank statements? wage slips? or is it just an email/phone call back and too? any tips on what to say/do. And the letting all the accounts…
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£15k debt, no income until May - best course of action to take here?
Hi there Owing to some stupid overspending when I was in my early-mid twenties, and then constantly dipping into other sources of finance to avoid sticking to a budget, I've now found myself in £15,179.09 worth of debt, split between credit cards, overdraft, a PayPal Credit account and a couple of nasty payday loans:…
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Updraft/MyCRS
Looking for advice. 3 years ago I took out a loan with Updraft for £8000. I ended up being unable to pay about 6 months later, and agreed to pay them £20 a month in order to get myself sorted out. My debt got sold to MyCRS anyway and I started a payment plan with them for £10 a month. This went on for about a year until a…
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which to pay off next?
Nearly finished paying off the next CC, getting there at long last. I will have a CC with 1800 on it at 0% until April 27 and a loan with 38 months, approx 8000 at 5.9%. I can't decide which to pay off next, admittedly it will only take me a couple of months to pay the CC off but I am tempting to leave it running and pay…
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Do I do an IVA?
Hey guys, woild live your thoughts on this, as all of your advice blows my mind every day! I am shared ownership 50% - zero equity. Single 35 I have about £35k debt including unpaid council tax that has gone to ballifs to take goods. I got in a spiral when I lost my mum and just borrowed as my income went down (commission…
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Zopa loan help please
This discussion was created from comments split from: Zopa Loan default.
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Cabot/ orbit
Hi new here !!! Hoping someone can help I had a letter last week for a debt from 2016 that was with Cabot financial I haven’t made any contact with them since November 2019 , the letter which is in my Maiden name from orbit I didn’t even read I threw away but I also received a text saying someone would call. Also , for…
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