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Just started a DMP what now ?
Hi. I’ve just paid my first payment to StepChange. I have £42,000 worth of debt to pay off at and it’s going to take many years. Reading through the threads today, I’m wishing I stopped paying my direct debits a month or two before I started a DMP. I could have paid off my store card and overdrafts with the money I was…
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Ccj settlement
Hi Just trying to understand if I have a ccj from a credit card. which is now owned by reston solicitors ccj is from december 2022 and the default for this was made 2021 by Cabot financial. I have no other debts or marks on my credit file. They've recently emailed me asking if I would be interested in an early resettlement…
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Moved: County Court judgments sent to wrong address
This discussion has been moved.
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dmp or iva
I am self employed and my income has been pretty steady for the past 2 years, I have £22500 debt from credit cards and a loan which so far i have been paying just the minimum on everything but it has squeezed and squeezed my income and i am getting nowhere. I have no savings as I was using them to top up my income when I…
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ccj
Hi all, When a company sell's a debt that has a ccj on it, Does the new company have to go back to court to change the ccj?
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Laying it all out.... time for change
Hi, I've lurked about this forum on and off for years, not been on for a while but here we are looking for advice and help. Hoping this post will keep me focused. I'm around £35k in debt. It's across several credit cards and all at 0% interest which I juggle about when they run out. It's spiralled over the past few years,…
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Bamboo/Next step
I’m after a bit of advice please. Stopped paying debts last November, creditors defaulted in June this year and DMP is going well paying what I decided to pay to whoever bought the debts. Only one of the creditors, Bamboo loans, have not sold the debt or have been in touch with me , despite the fact they also defaulted in…
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The emotional toll of a DMP?
Hi There, I never ever thought I would be in the position where I am right now. i am now a few months into my DMP everything is playing out as expected, savings/defaults/debts being passed on etc. the process I get and I am on the road to recovery but it’s a long road. I have an amazing wife who is standing by me to put…
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Waiting for Defaults
Hi, I'm waiting for 5 debts to default. I have just not paid them and ignored them so far. What I am waiting on is a letter from them saying I've defaulted, then I will offer them £1 token payments by standing order. Do I just wait until that happens, unless I get a letter before action? Should I send them a letter saying…
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Moved: MBNA credit terminated with immediate effect?
This discussion has been moved.
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CCA/Mortgage Advice Needed
Hi All Thanks to the advice given on this forum I have had a DMP for 6 years and after a house sale finally am in the position to request settlement figures. After going self managed, I asked for CCAs and to my surprise 6 creditors haven’t produced it yet. Of the others which are enforceable, most have settled at around…
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Next step in self managed DMP
After getting some great advice on this site I stopped making payments in September on my debts that I could no longer manage. I have been sitting tight waiting for them to default which they are (some faster than others). One of my debts was with American Express who have sold the debt onto AIC, I have read some things…
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Can a creditor withdraw a claim after a set aside?
Hi guys, I've been on here a bit trying to sort out a set aside on a CCJ, I paid the fee for the N244 today so hoping it goes through. I was wondering if the case gets set aside , from what I understand it goes back to the claim stage. Now, can a claim be retracted? I have read stories of people who cannot pay the full…
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Moved: Help. Newbie. QDR letter on PCN (Europarks,Shell)
This discussion has been moved.
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SECCI the same as a CCA
Hi , long story short ive asked for the cca from lantern and they have sent a secci which I understand is a pre credit agreement (could be wrong) should I reply and ask for the CCA. any help would be greatly appreciated.
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Cabot Debt Repayment
Hi all I have been making repayments to Cabot for about two years and they sent me a letter to do a payment review so I went online into my Cabot account and upped the payment from £25 to £50 a month last week. The payment plan was updated and the new amount will start on Oct 25th. However today I got an email saying my…
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Update on my self managed DMP
hello! I don’t know if anyone remembers my posts about starting a self managed DMP but thought I would post an update. The credit card companies have been ringing me a lot but I don’t answer. They have sent lots of letters. Mbna has offered to put my interest rate to 0% but most of the others are just to tell me I am…
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Joint mortgage shortfall ex refuses to pay vsok credit file help
Hi everyone, I have another thread on mortgage help however I am also looking for credit file information, does anyone know what happens to credit file if keys handed back to bank as this house may not sell. Original post - I'm dealing with a horrible situation and would be very grateful for any help or advice please! My…
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Drowning in debt - please help
I was a student from September 2021 until June 2024, receiving tax credits and student loans. I was accepted for a £10,000 loan which was £15k with interest and another loan of £15,000 which is £25k with interest. I was also accepted for a credit card with an £11,500 credit limit. All whilst being a student, on child tax…
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Relationship Breakdown Debt
Hello. My son has recently come out of a long relationship and has 2 young children with his ex. I have discovered that she has run up thousands of pound of debt in his name and it seems that he is left to pay it all off. He has mental health issues and lives off UC and PIP payments, and is now also being asked to pay her…
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