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Default notice pursuant section 87(1)
Hello I am starting my own DMP and two of my CCs I have stopped payments. One of them Pulse I’ve missed 2 payments and they have sent this: ‘We are sending you this default notice pursuant to section 87(1) of the CCA’ Then says I’ve to pay my arrears by 3/12 and if not they will terminate my agreement and the full balance…
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First time DMP Questions - scared and unsure
My head is in a whirlwind and I am asking for advice. I was going to go the bankruptcy route or IVA, but I don't want to take the nuclear option. I believe the best option may be a DMP. I have a few questions though, I have four main debts 3 credit cards and 1 loan. I also have a catalogue debt but hope to pay this off in…
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Has anyone negotiated down a debt with a collection agency?
Hi, slowly getting clear but I have two old debts left on my credit file, they will clear in just under 2years. The debt collection agency send letters every few months, I’ve never made payment on them or made any contact. They’re about £800 each including agency fees. I want to clear them, but don’t have £1600 or should I…
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Clearscore
Hi, I'm using clearscore to monitor the status of my accounts. It seems that the ones that are defaulting are disappearing, is that normal?
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Help! Step change cancelled my dmp with no missed payments.
So im in a panic, i was paying a nominal £1 per month towards my debts as im on universal credit and currently have medical issues and barely scrape by each month, step change said they cannot continue the nominal payment and cancelled my plan, but in their faqs they only do this if payments are missed which there was…
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Zopa unaffordable decision upheld
Hi, long time lurker first time poster. Finally decided to tackle my growing debt situation as repayments have become unsustainable. I’ve followed advice on here (thanks everyone!) after doing the initial online forms with Stepchange, and before setting up a DMP I have stopped payments to save an emergency fund, and will…
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Debt help, mental health issues
This discussion was created from comments split from: Debt write off for mental health.
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Budgeting advice
Hi there I've been trying to sign up to the mse credit club to see what my credit rating is and was then planning to use the eligibility tool, before deciding how to consolidate my debt. But I'm getting stuck as one of the questions for the credit club is how much do your dependents cost. I have 2 children I have trouble…
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Financial pickle, advice needed
Hello there! I need some advice on personal debt and mortgage. Not quite sure what to do so hopefully someone can help. Hopefully this is the right thread. My partner and I bought our home in 2023 for £210000. We knew it needed a lot of work and we decided we’d bite the bullet and extend the property. We recently had it…
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ACI debt collectors
Any advice, I have been contacted by ACI about a debt with HSBC, last contact was a good 20 years ago. I sent a statute barred letter today they replied saying that they would decrease the amount I owe from £6000ish to £1000ish, they say I have 7 days to reply from date on letter 4 of which have passed due to them sending…
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Improving credit score advice
Im wanting to try and improve my credit score I have about 10 months left on a loan which i am overpaying to pay off as soon as i can so that I can then start paying more off my credit cards which are mostly at 0%. My credit score is low as I'm utilising alot of my credit - at the moment im only paying minimum payments on…
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Parking fine
Hi sorry, me again. I've just received a letter from dcbl for £170, for a parking fine from may 2019. It says I have 14 days to pay or they will recommend it goes further. I dint have that kind of money, any advice would be great.
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CCJ for ex-landlord's council tax. Help filling out an N244
Hey hey, Got an email from a debt collection agency that had a CCJ attached to it with an old and wrong address. This is for an alleged council tax debt of 1,200, relating to student accommodation I rented in 2022, long story incoming: I've lived in this room in a 4-bed flat in Wales as a student and was exempt from…
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I'm sick with worry and need help please
I’m struggling with money again, and I don’t know
what to do. I feel completely lost. The worry is eating me up inside—I can’t
sleep, I feel sick, and it’s so overwhelming. I need help, but I don’t
even know where to start. I am awful with money, and I always have been. I was made bankrupt
back in 2010, and discharged…
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LOWELL CHASING FOR AN OLD CCJ FROM 2013
Hi can anybody help. Lowell have crawled out the woodwork and are trying to claim an old Vanquis credit card. I sent them a prove it letter which they just sent me a very small breakdown of figures. I then sent them a statue barred letter to which they replied because it was a CCJ it is enforceable and not statue barred, I…
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Overdales letter confusing
overdales letter, does anyone understand the terminology they are using. I'm not sure what part warrant balance is and the meaning it's satisfied, and what it means remaining judgement balance. Thanks Ian
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Notice of default sums
I am about to go into a DMP, well I will be when my credit accounts default. I started missing my payments this month so the ball is rolling. I have received a letter from PayPal today titled Notice of Default Sums. Saying £12 has been added to my account etc. Just wanted to check this isn’t a default? It’s come in pretty…
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Please help me with this mess
Looking for some advice if possible. The long and the short of it is, my wife got sick a few years ago and had to stop working this was supposed to be temporary however it turned into something a bit more long term due to complications and that then meant there was a shortfall in wages to bills and I effectively plugged…
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Help with where to start with this mess
I think with the start of 2024 - i need to finally acknowledge things are not ok and seek help with where to start clearing this mess. Below is SOA; [font=courier new][b]Statement of Affairs and Personal Balance Sheet[/b][b] Monthly Income Details[/b]Monthly income after tax................ 1800Partners monthly income…
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Self managed DMP HELP
This discussion was created from comments split from: DMP mutual support thread part 13 !!.