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SOA Advice
Hello, This is my SOA, I have an appointment on 4th Feb with Citizens Advice to apply for a DRO - Should this SOA be adjusted in any way? [font=courier new][b]Statement of Affairs and Personal Balance Sheet[/b][b] Household Information[/b]Number of adults in household........... 3Number of children in household.........…
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Difference between LBA and Claim form
This discussion was created from comments split from: DMP mutual support thread part 13 !!.
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Dmp
Hi no judgement for this please I have been on dmp for about 6 years and had about 20 k left. I have run up further debts and added them to my plan which I can clear all in 8 years. Step change have been brilliant as always but I’m having sudden pangs of anxiety thinking that I’m now going to be took to court and my new…
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Thank You!
Following on from my previous post just wanted to say a huge massive thanks to @sourcrates @fatbelly @RAS and @Manyways So all of my credit cards have defaulted, all have been sold on accept HSBC it looks like they want to hold on to the debt for as long as they can, dont know if this is usual but they are the only ones…
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Anyone else paying £1,000+ monthly with StepChange DMP?
Currently £36k in debt. Combination of loans, credit cards, and overdraft. Wondering if anyone else is paying this amount or if this is a good idea? Let's say I finish paying everything is 2 years +. My credit file would still be bad until 6 years after. And also, my accounts haven't defaulted yet. I wonder how long…
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To sell or not to be debt free.
First time posting so be kind. My husband in his early 60’s ( but still working full time) has accrued nearly 15 grand of debt on high interest credit cards and loans. He hid a lot of the debt from me until recently and it’s not the first time this has happened. I have been guilty in the past of letting him deal with all…
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IVA without fees?
I’ve been reading up on different debt payment methods and found several people mentioning that IVAs are only useful for large debts as there are high fees attached to them. I have speaking to an advisor from a company called Insolvency House Ltd who has said they would be able to set up an IVA that would last 5 years and…
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DMP help please
So I’m applying for a DMP through PayPlan. I live with my parents and I’m worried about them finding out. Will the creditors send letters to the house? Will anyone turn up at the house? I can’t sleep at night where I am so worried about this but I can’t keep up with my repayments. They have told me to stop paying…
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Old debt
Hi I have just received 3 letters from a debt collector called verifi in regards to a loan I had over 23/25 years ago.l, Iv not spoken or received any letters from them in over 20 years. This gets a little confusing so bear with me, the letters are coming through in a surname i used 20 years ago. Now I did use this name as…
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Wescot/santander/IVA/payments
Long story sorry! Husband has been in an IVA for 6 years, final payment was December 2024 so just waiting for the completion paperwork. We had a joint bank account that we owed an overdraft on, The IVA was contributing to this on my husbands behalf and I had/have a payment plan set up with wescot. Received a letter today…
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PRA - Scotland - Court docs received
hi everyone, I hope you can help. I've just received "court docs" from PRA regarding a £4k sum from Barclaycard. I've put the "court docs" in inverted commas because the paperwork hasn't come from the court themselves - but PRA solicitors and I'm not sure about how that works! The dates they're giving are a bit fuzzy - but…
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What debt to pay first? - Currently stuck with my decision
Hi All, I currently have an issue where my debt is now under control in terms of payments and lowering steadily. The only thing is i dont know which is going to be the best way to clear it, we are not stuck in the house all day and have an active lifestyle due to 2 children and i do want to have a bit of free cash…
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Debt advice 40k
Hello, I am in £40k debt (loan 26k and 2 cc totaling 13k). I earn enough to cover the repayments each month but ONLY JUST and I am left with not much to live with. If I continue it would all be paid in five years. I'm a shared ownership homeowner (75% share). I live with my partner who owns his own place too which he rents…
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Telling My Husband About about my DMP
So to cut it all short. I moved in with my boyfriend into our flat, we went through a mortgage and everything and that's when things started to go down hill. I got into quite a bit of debt, loans, credit cards and all that. I got into about £7,000 worth of debt which I know isn't terrible but I'm self employed and only…
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What is my best option going forward?
Hello all! I recently decided to make a change to my circumstances and want to be debt free. I’m not sure where to go. I have 3400 in credit card 7600 in a car finance, 1000 on store cards. 8800 in a personal loan. They were all very silly expenses I didn’t need but being young a dumb I just didn’t care. I looked at my…
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Dealing with Mortimer Clarke
Last week I received a letter from Cabot advising they were passing my debt from Aqua to their solicitors Mortimer Clarke, I then received a letter from MC advising they would be pursuing CCJ if no response was received. This debt has had no payments towards it, nor have I corresponded with any debt collectors regarding it…
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Tomlin Order - CCJ set aside but payment plan already in place (PRA)
Hi all, I’m in a really tough situation and could use some advice. Last year was terrible for me, with redundancies, poor mental health, and living in an awful situation. Over the summer, I managed to get an internship at a different location. During this time, PRA filed a CCJ claim against me at an address I wasn’t living…
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Possible DMP or Default and Wait?
Well tonight was the night I faced reality…..and the reality is I owe £62k across 6 credit cards and 2 loans. The monthly payments are killing me, and the interest on the cards means that I’m barely paying anything off every month. I was pretty sure a DMP with StepChange was my only option, but having read lots of useful…
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Husband accrued 50k debt without telling me
Hi everyone I can’t believe I’m actually writing this but it looks like there is so much help on here, I am hoping I can get help to make a decision. We have a mortgaged house with about 40% equity. 2 children both around university age so will need financial support from us, which I am desperate to give. My MIL was in a…
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Debt collectors
All, I urgently require some assistance. I have gone through some threads but cannot find what I'm looking for. So I've had a bad hand. Been going through divorce and custody since 2023 and in 70k worth of debt. Virgin sold debt to Lowell.Capital on tap sold debt to shire recoveries.Mbna/ Barclays are on Hold. Hsbc have…
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