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DMP and irresponsible lending complaints
Thank you to everyone who gave me advice regarding my earlier post, I hope you don't mind but I need a bit more info if anyone can help id be very grateful. So I posted last week about having £43k of debt ( take full responsibility of bad money management) racked up after separating from my husband. So I received the good…
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credit card debt management
Hi, I am trying to find out what would be the best steps to start clearing some debts. Here is how it stands at the moment: CC4260interest8260interest free6710interest2400interestloan2626overdraft1130 I have managed to shift 8260 onto an interest only card but i am reluctant to apply for another interest free card as the…
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Desperately need help
We have been struggling since Covid badly reduced my wife's freelance earnings but there were still the same bills to be paid. We lost about £800 per month for more than a year and managing became robbing Peter to pay Paul. In April, we headed south (into the Irish Republic. We live in Belfast) for a five day break (all…
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CCA request - Postal Order question
Hi! I’m getting ready to send out my CCA requests. I got these £1 postal orders which don’t have a recipient and are uncrossed. Do I need to add anything else before adding to my envelope?
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Business loan PG being enforced - Solaris debt collectors demanding payment or court - help!
My business used Capital on Tap for a loan. Unfortunately, the business went downhill as a result of the COVID Lockdowns, and I’ve received a letter from Solaris Law, representing Capital on Tap, informing me that they intend to pursue me personally due to a personal guarantee I signed. (I don’t recall any mention of a…
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Barclaycard sold to PRA
So with the help of this lovely forum I've been making real inroads into my debt so far - Zopa card irresponsible claim upheld and removed from credit report, Updraft 2 loans irresponsible lending upheld and removed from my credit report, still need to pay them back, but interest removed and not reported so a small win for…
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Not my Debt: Bailiff Action
Hi all My son (aged 20) has a car parking fine from a Council. He hasn't paid the fine and the Council are threatening bailiffs. My son is now at Uni. The debt is registered at my home address where I live, and is my sons permanent address when not at Uni. I am not going to pay his fine for him and he needs to sort this…
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DRO - Paying off part of my debt to meet criteria
Hi all, I meet the criteria for a DRO except my debts total £70,000. The maximum limit for a DRO being £50,000. I could borrow £20,000 from family to bring me under the limit. Is this frowned upon? I have read that I could be refused a DRO if I did this. Does anyone have any experience of this? Many thanks.
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Help with self managed dmp 80k CC and loans
Hello ive been browsing topics on this site for a while and reading up on all the advice . My story is a follows , two years ago I lost my eldest daughter to cancer at 6 years old . Due these circumstances having to take time of work and after my wife was unable to return to work as she worked in a primary school and found…
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CCJ Judgement from unpaid loan
Hi all. I'm not sure if I posted this in the correct category. Adding my questions at the top: - Is it normal for stays to be removed and judgement entered on the same day? - Is it normal for a judgement to be entered a second time after submitting an N244? - On a personal note, I really feel that the solicitor begun…
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Link Financial Full and final Settlement Offer Advice
Happy bank holiday Monday everyone, I have a debt with Link Financial which I have ignored for about 4 years. Before I contact them, can I check if anyone has had any recent success with Link Financial regarding a full and final settlement as I would like to see if its worth going down this route with them. Thank you
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What’s the best debt solution?
Hello, I’ve tried to do an SOA and confused myself thoroughly so I thought I’d just begin. Up until very recently I was poised to go into an IVA. My financial circumstances have changed drastically and I now have more income than I thought. My partner’s finances are separate to mine, and have to stay that way because of…
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Sleep managing hsbc hesitant blip help
Hi all, My husband and ibad debts of 42k and in 2022 started a dmp for 18 creditors. We didn't read this forum and didn't know aobut waiting for them to default but we through sc in 2022 This year we requested ccas, SC kindly put the creditors 5 x link on hold while we waited for them back. Then we got them back bur…
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Overwhelmed by debt - Progressing down Default and DMP route - Advice and help needed
Hi, I've not had a good relationship with credit and debt throughout my adult life, initially starting around 15 years or so ago when I got into a catalogue and payday loan cycle following me and my now wife renting our own house and having children quite young and not knowing any better. We got out of this with the help…
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No Default on credit but a threat of CCJ
Hi. Hope someone can help me. I have been reading up on the forum regarding debt and paying off some monies that I can afford after being defaulted. 2 of 3 debts have become a default on my credit file. However, my NatWest debt hasn't defaulted. I have rather received a letter threatening me that they will do a CCJ if i…
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StepChange v Self-Managed... £85k+ Debt
Hi all, I am trying to decide whether to pursue a DMP via StepChange or Self-Manage. Any thoughts? I am nervous given my debt is so high... I cannot go formal insolvency as I work within the financial industry (I have checked and I do not need to declare and I am not credit screened in my role). * Currently in Breathing…
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I'm a little confused with ACI
I am a little confused with a debt that I am currently paying off, it was oakbrook loans and the debt was passed on to ACI. This is where I am slightly confused they don't appear on my credit file, I had letters from them in the past which have been Mr instead of Miss so slightly confused with that also as my friend who…
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Bank details for moorcroft?
Hi does anyone have the bank details for moorcroft. Every other dca has their bank details clearly on their website. Trying to set up a standing order for a self managed dmp. thanks
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Does a guarantor transfer when a debt is sold?
My daughter recently completed her first year at Uni where she stayed at a halls, and I had to co sign her contract as guarantor. She met her boyfriend who lives and works locally soon into the course and when she finished year1 they decided to flat share together in year 2, and they went staright ahead and rented from…
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Exiting DMP before mortgage application
Hi. Firstly unaware if this should be here or the mortgage section so please feel free to move if it is more relevant there. I have been in an active DMP for over 6 years and now looking for my first mortgage. I wish I had done more research into the effect the DMP has outside of the defaults as I would have gone…
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