-
Query in relation to a default not showing on credit report
Hi Folks, I have a query I hope that you can advise with. I commenced my self-managed DMP journey in August 2024. I had nine creditors and all but one have defaulted. Some
payment arrangements have commenced with the companies that have made contact.
In my case, Lowell have bought two of my accounts and Cabot has bought…
-
CCJ applied for but not obtained
Hi I am back and forth with Cabot re a couple of old debts of my husbands that have just come to light (severe mental illness led to him racking up debt without me knowing). Both over 6 years old, I did the statute barred letter and the reply was that they weren't statute barred due to court proceedings initiated. One of…
-
Debts and Broadband
Hi, Sorry if this doesn't fit in with this topic as it probably could link in to many others but here we go:- So I have been trying to obtain broadband and thought that I would go with BT. I tried to place an order at fist but was unable to due to being still with Sky ( although was already told I would be disconnected…
-
Link financial
I have a credit card debt that was passed to Link Financial some years ago. As this was an old debt, I asked for a CCA request and they responded in writing to let me know they didn't have the paperwork and therefore the credit agreement was unenforceable. “but we can still contact you in relation to the outstanding…
-
Had an Email and unsure if scam
Hi guys, so I have had this email but when I try to search for the company I cant find a website or anything for them. When I search them I get the Google AI talking about First Enforcement but not these. Also the email address in hancockfirstdebtenforcement@gmail.com when usually it should be the persons name @ company…
-
More going out than coming in!
Hi, I'm looking for some help/advice. I'm new here first time posting, I've filled in a s.o.a. as best that i can. I've seen that's what other threads have suggested but didnt want to hijack someone else's thread if anyone can have a look and offer advice would be greatly appreciated. Also not sure if I posted in the right…
-
Very old debt’s & guidance on how to deal with it? (UK)
Very long story short - 20yrs ago I bought my house and funnelled everything into renovations. After savings dried up I took out loans to finish certain aspects off. Within 9 months I’d had to give up work & eventually lost the house etc. I was unable to pay the loans (they weren’t secured on the property) & they were…
-
Help! £54K debt, DMP process and defaults.
So I have the following debts: Virgin credit card: £9646 (interest free period expires next month) Lloyds credit card: £6464 (paying standard interest rate) Santander: £5098 (paying standard interest rate) HSBC: £6198 (interest free period expires next month) M&S credit card: £ 3143 (period expires 6 months) Halifax credit…
-
Trying to Break the Cycle and Get Debt-Free
Hi all, TL;DR:Civil servant earning £2,379 net per month. Around £1,100 of that goes to creditor payments (all unsecured debt). Struggling due to neurodivergence, poor mental health, and increased financial responsibilities after losing a parent. Some lenders have been supportive. Others, like My Community Finance, are…
-
Full and final settlement
Myself and my soon to be ex husband have been in a self managed dmp for 6 years. His business went into liquidation in 2013 and we got into £75k of debt that is made up of 8 credit cards and 2 overdrafts. These were all defaulted in 2019 so no longer appear on our credit files. One of the overdrafts which is on a joint…
-
Link threat of legal action
Hi, I would really appreciate some advice. I was in a DMP from 2012 to 2020, I wrote to all creditors in 2020 asking for the CCA, none of them could produce. Some accepted F&F, some didn't. Of those that didn't I've either heard no more, or had the odd text/email/letter letting me know the debt is still outstanding. Link…
-
SOA help
Soo.. after my last post I made the first step and attendees CAB this morning. They have gave a pack and asked me to do an expenditure and collect all evidence which I’m in with now… I was wondering if anyone had thier SOA for me to look at. I obviously haven’t had to do this or budget properly for a long time due to…
-
Struggling to commit to a DRO
Long story short I’ve spoken with Citizens Advise and I currently qualify for a debt relief order but I’m worried about the consequences it will have on me moving forward. I’m currently out of work and will struggle to get a job for at least a year because I’ve just been given a community order which is a criminal record…
-
Letter Of Claim from Kearns Solicitors
Hi, After some advice on my next move. I've received a 'Letter of Claim' today from Kearns Solicitors for a loan I originally had from Lloyd's in 2012 but was then assigned to Link financial in 2018. They have provided a reply form which has 4 sections. The first section being 'Do I owe the debt'. I know had the loan and…
-
Advice on defaulting
My husband and I have realised that we can't carry on the way we are and need to tackle our debt. It is about 45k between us (husband has 2 personal loans, about £10k each, I have CC £12k, then various other smaller debts). It's got to the point where we are having to use CC for food etc as our disposable income has to…
-
Moved: Family Loan to Purchase a Property Outright
This discussion has been moved.
-
Should I default before a DMP will this affect my work?
Hello, I wonder if you can help me I was going to start a DMP before I came across these forums tell people to stop paying and default first. Just some questions as this scares me cause I’ve never missed a payment but most my wage is going on debt so need to do something. First if I have 3 loans what if one defaults first…
-
Charging orders 2008
Hi, i have 2 charging orders on my property from 2008. 2 different Courts (Newcastle and Bradford) I want to remortgage but now they are still sitting on Land Registry,i have literally for 4 months been trying to clear them by paying them. Getting no where fast. 3 solicitors i have tried to get are "too busy" so i decided…
-
D(MP) Day! 1st July 2025
Hi everyone, First of all, a massive thank you to: * Everyone who has shared their experiences with debt – it’s incredibly reassuring to know I’m not alone. * Everyone who offers advice and support – this forum has been a godsend. I’m currently dealing with around 46k of unsecured debt: * MBNA Credit Card – £17,000 *…
-
£31k debt through bad decisions, help with DMP
So, over the last few years, I've managed to get myself into a mess, financially. It's jeopardised my marriage, massively impacted mine and my wife's mental health and limited my family's sort to mid term opportunities. I've been treading water for a while, paying minimum payments only, using credit cards to pay down other…
A place for MoneySavers to share their journeys towards debt-free living.
Forumites help each other push down their debt by setting challenges and encouraging each other to achieve their goals.
1.2K discussions
411.5K comments
Most recent: Joyful July's No-Spend Days Challenge! by Thriftymissus
Today at 4:40PM
