Debt-free wannabe

HI All, I am in the process of creating Full and Final settlement letters for my partner for for his 3 remaining debts. I have already requested CCAs and 2 out of the 3 have come back unenforceable - the 3rd is less than £900 balance and that is the one that is enforceable. I am going to gift him some money to clear the…

Hi everyone, I've read through a few different threads and stories here and would really appreciate some advice on mine. I have unsecured debts totaling circa £40,000 across credit cards, loans and overdrafts. These range from £12,000 loans to £1,500 overdrafts, and a lot in between. I don't have any great excuses or…

Hi there, first time post and have been in awe of all you SME's for so many years amd would desperately appreciate your guidance. I’m a father of three and have always worked hard to support my family. Things became financially strained when my wife left work after our twins were born and our eldest was 2 years old. I now…

Hi all, newbie to the forum but sadly not a newbie to debt. Hope everyone is well. I’ll try and keep the background as short as possible. I’m in my 30’s, no kids. Around 6 years ago I had a bad accident that left me facially disfigured, I spent the following 5 years in a deep depression, part of which involved reckless…

Hi, I apologise if this has been answered already but I have been searching through the forums for a few days now and can't find what I need. I have stupidly got myself into significant debt and I need help to get out of it. I have 2 maxed out credit cards, (approx 16k between them) I have a debt with moorcroft of approx…

Hi, My Amex defaulted. Once it was defaulted it was passed onto Brachers. They have been contacting me, and I made be payment to them, but the next day they have sent a formal letter of claim. I am going to fill it out and show that the payment is what I can afford monthly. But should I call them? Or just send the form…

Dear All, I am now 2+ years into a DMP with Stepchange, paid off over £10K with £25K to go. Debt free date is currently June 2030. I have a total of 10 creditors of varying amounts. In regards to some of my creditors I am wondering if it is worth doing a CCA letter for two different things but would be helpful (these are…

I kinda have a plan for this but I would be grateful to hear what people think. Scenario I'm 62, due to retire in Dec 2029 - only 4 1/2 years. We have a mortgage, 42k at 1.59% fixed until August 2026. I have 3 creditors Tesco, PRA, Sainsbury's, totalling £18k. We will both get full state pensions, but we have drawn down on…

Hi Forumites, I made a formal complaint to Halifax about why they (unlike my other creditors) didn't default my credit card account in 2019 when I was 4 months in arrears and then entered into a DMP managed by PayPlan. Someone from the complaint team at Halifax called me this morning to discuss the complaint. She referred…

Looking for some advice re a debt repayment plan I have with Moorcroft Debt Recovery Ltd. Myself and a business partner had a business account/overdraft with RBS. The business failed and we were left £20k deep in the overdraft. RBS sold the debt to Moorcroft by which time my ex business partner had left for Australia and…

Hi, I'm considering my options - Have been online with Stepchange and the three options were 1) DMP, 2) IVA and 3) Bankruptcy, I'm thinking bankruptcy might be my preference given I have no assets and would like to be debt free and fresh start by 46. Whole host of reasons for my situation (£93+k) in debt, I'll not list…

Hi everyone. I hope you can help. I've gotten myself in a big pickle. I've been dealing with a gambling addiction which thankfully I'm now on the other side of but i've racked up £22k worth of debt. I have a full time job but not paid that well and repaying £461 each month with nearly 4 years left. It leaves me with very…

Enforcement Offices _____________________ I'm seeking help and advice IM sure this has happened to many people now its happened to me... A big white letter appears through my door. Its from the Magistrates court. In bold are numbers, numbers no- one ever wants to see- £1014.00..."as you have failed to make payment..." I…

Hello all, I'm managing my own DMP and my outstanding loan of c.£21k with Tesco Bank has been passed onto Moorcroft. Moorcroft are only the collection agent on behalf of Tesco. The loan is fairly recent (within the last 3 years) so I haven't yet requested a CCA on the basis that it can probably be provided. I currently pay…

Hi all, HELP! i am desperate! My rent fell short this month as DWP/housing didn't pay the rent saying "got paid twice this period". Now my Landlord/Housig Association is chasing me for the balance as I'm already in debt from a previous,long time before now, and threating me with immediate eviction. I'm old and I suffer…

This discussion was created from comments split from: Waiting for defaults.

Any advice will be greatly appreciated! Sent out a Statue Barred debt email to a debt collection company and received this response back from them. Trying to understand what they are saying and how is the best way to resolve this with a response. Thanks, L 

Good afternoon, I have a debt with Mint that I am paying off a amount each month and now Cabot Financial are offering me a discount if I pay them. Do I continue to pay Mint or do I write and get confirmation from Cabot saying that they are offering this discount. Thank you Catherine W 

Due to some pretty serious and traumatic life events I've come to the realisation that I've just been surviving, and yes, staying on top of my debts but it's not sustainable. I'm on UC now and applying for limited work capability and ADP. Family issues, my own health, and addictions have all led to this and I'm exhausted…

Hi everyone im in about 28k debt trying to save emergency fund. Made a mistake with Monzo loan and also my bank by setting up a £5 a month payment to them, but hoping they default the loan soon. I have about 12 creditors and I’m getting quite scared and panicky. Vanquis credit card defaulted so my plan was to set up token…