Debt-free wannabe

Hi guys hope you’re all well. I’m in a bit of a panick. Have unsecured debts of about 26k have stopped paying it all and only one credit card with Vanquis has defaulted. I stopped paying everything around June/july im going to do a dmp with step change but I’m trying to save an emergency fund as advised here but haven’t…

I received this email today, is it a scam My name is Edward Adams, I am contacting you from Debt Enforcement Bailiffs. I am sorry to have to tell you that First Debt Enforcement has obtained a liability order against you for not paying contractual payments towards your debts. THIS IS A SERIOUS MATTER AND YOU SHOULD NOT…

Hi all, I've had a read through the forum and can't see anything like my particular situation. I've read up on consolidation, IVAs etc.. Quick version. I've been self employed/company director for 20+ years. No debt. No loans. With no debt I found it hard to get credit. I opened a new business in a different industry and…

Hey 👋 Im having issues from OPOS having letters and emails saying i owe money but have never used this company or had anything from them via a credit company I've sent 2 x prove it emails and keep getting this back from them ...... Hello Thank you for your email. We are contacting you on behalf of one of our clients who…

Hi, I'm new here and need some advice if possible. I've been reading as much as I can but I'm confused about what to do. I have summarised and, hopefully, added the info needed below: Credit card with Santander - last payment was made 2 Jul 2019. I have a default showing on my credit report (no balance shown) as registered…

Hope someone can advise. I am currently in contact with Lowell regarding outstanding debts. There are three of them. One is a shop direct account they have agreed verbally is statute barred and told me they will close this. Another which is around 3 yrs old for which I have set up a payment plan. They have also told me…

Hi, I'm Looking for advice please. I've been getting bombarded with emails and letters from lantern, who say the acting for perch and are going to give me a home visit to discuss payment of a loan I had with Sunny for £439 years ago, will I need to speak to them, any advice would be great...thanks

This discussion was created from comments split from: Struggling with debt? Ask a stepchange debt adviser a question.

Hi purchased motorcycle in May, I had received an over payment but unaware of it. I received debt recovery emails/phone call but no contact from Superbike factory. I had blocked them because I was getting so many emails selling me bikes. I would have thought I should have received a formal posted letter, any advise would…

I raised a complaint against Amex for irresponsible lending, and the investigator has now issued their draft decision. They concluded it wouldn’t be fair for Amex to refund all interest and charges dating back to September 2017. Instead, they’ve recommended that Amex: • Refund all interest and charges from April 2019…

Hi forumites! I’ve been in debt for as long as I can remember and have wanted to pluck up the courage to do something about it for quite some time. I believe I am in what constitutes as a ‘debt crisis’ (debt slowly increasing without being able to reduce it). I’m hoping for some advice on where to start and to manage my…

I understand its quite rare for this kind of debt to be pursued in this way? not really sure what my options are, am I able to negotiate an arrangement and avoid court? Thanks p.s this is an ancient debt, and relates to old posts

Hi, One of my past high risk APR credit card debt collector has contacted me about a one off settlement figure on next payday and having the credit file marked as partially settled which I really do not mind and hopefully prevent me getting into trouble again in the future, just they want an income and expenditure form…

Hi I posted in the wrong thread but just looking for some advice about a debt solution and guided over here I completed a DRO application with money wellness but the advisor didn’t submit it as he said my salary sacrifice car lease would make it unsuitable due to the cost. The cost is £579 but actual cost to take home is…

Hi all, So I have finally come clean to my other half regarding my debt. Not the full extent, as I am not ready, but I will be with time. This is due to a gambling addiction, for which I am seeking help. I have signed up to gamstop & intend on making an appointment with GP. Naturally he is upset, disappointed & things are…

Hi Forum, I have received a claim form from Kearns Solicitors acting on behalf of LC Asset 2 SARL. This concerns a hire purchase agreement for a vehicle I took out in 2016 but due to unfortunate circumstances I had to default in 2019. The original debtor was Moneybarn but I think the debt has changed ownership a few times.…

Looking for some on advice on whether a loan or a cc is best for consolidation? 

Stuck in a tricky spot and feel our next decision could make or break us financially... In 2023 we bought a house which needed a lot of work to get it to where we wanted - in hindsight this seems stupid as it was our first house. We had a small pot of savings to start us off but this quickly ran dry and since we've been…

Sat down with my husband yesterday to finally start facing up to our debt issues as we've been burying our head in the sand for a long tim! Bit of background - July 2024 we took out a second mortgage to consoldiate some debt from building work that went well over budget, the amount was affordable and freed up some funds…

Good Afternoon, A family member of mine has moved into a care home. He has little income after fees et al, no savings and a 12k credit card debt over 3 cards. He tells me that a family member has phoned the individual credit card providers, explained the situation and has their agreement to cancel the debts. To me, this…