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My debt to the bank has been sold-on
After five years of illness and unemployent, and paying off a large debt to my bank at a 'token' £1/month, the debt has been sold-on to a debt collection agency. I am never going to be in a position to pay off the debt - I have a serious, terminal and progressive illness that prevents me from working. I claim Income…
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reducing grocery bill
apologies if posted in the wrong area! Ive just cheked internet banking and we (when i say we i mean the mrs!!!) spent £615 on supermarket shopping in the last month. We take home about £2100 so thats nearly a third!! i used to think we were quite savvy - ie always getting stuff on offer but it seems not! Can anyone give…
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Time to take my head out of the sand!
Hi everyone! First post, so please go easy on me :o I've been in debt for quite a while now (started with my first credit card around 10 years ago)... Throughout this time, I have only ever paid the minimum amount on my card(s) and now here I am, 10 years later with a pretty large weight around my neck. I've (somehow)…
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First timer
Hi everyone Just joined the forum weve been reading the threads over the last few days and decided to join up. We had our lightbulb moment about 3 weeks ago and are still in a state of shock about how much debt weve racked up over the last 10 years but weve made a start and had our first car boot today and raised £220:j…
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I am a Bad money saver.... sorry!
I was doing so well, with money saving and weight loss!! Weight loss still going well, but money saving has been a disaster. I am therefore setting today to be my new lightbulb moment. I feel very dissapointed in myself. My debts are no higher than they were in March - but unfortunately no less. I have changed mobile…
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the update
well today was the day i told the family ..that's it we need to talk:eek: i sat them down and explained the whole situation showed them all the figures etc and asked for help in solving the problems ..the son has agred to give up singing lessons saving £20 a month:j but did aske that he kept his £5 a week to see g/f ..now…
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Full & Final Settlements-anyone negotiated with these guys?
Hi everyone, I have been reading the posts about F&F with interest - I have a DMP with CCCS going back four years or so and a lot of my debts are over six years old (head in sand syndrome im afraid!) A combination of some inheritance money and a bonus at work have left me with quite a lump sum and I am seriously…
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Funny things happening with Lloyd's Accounts
Hi, Has anyone been having any problems with Lloyds lately? The account which all bills get paid out of had recently has 2 DD/Standing orders cancelled NOT by us, and not by bank (so they say!) one for Scottish Power and 1 for Scottish Provident. This concerns me for quite a few reasons 1. We've had identity fraud on this…
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Paying off Debt Management Companies when someone dies?
Hi Does anyone know if debts with Debt Management Companies need to be paid off when someone dies? We have a family situation whereby an elderly member of the family who is dying has a lot of debt with a DMC (Gregory Penn, I think). The DMC has been contacted and have assured us that the debts will die with that person as…
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Court Tuesday
My husband and I are in court on tuesday applying for a variation order against Asset Link. Not sure what to expect any advice/insight would be appreciated. The debt with Asset Link is increasing by about £60 per month because of interest they apply. We make paypments through Payplan and have spoken with them and they said…
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I know it's a bit early but..... DFW Sunday Night Party anyone?
Afterall we did win:j :j :j :j , and I did only have to do 10 mins on exercise bike to achieve it (penance for being lazy mare is 10 mins per England goal!. Not proving too challenging unfortunately). Anyway, have just poured myself a glass and am off to have bath and wash hair. Hope lots of you here when I get back!!!!
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The motivational thread
Anyone else noticed how the boards have been quieter lately? And that a lot of people are having a bad time with blips, bumps and general boredom? We could start a confessional here - list your sins, DFWers! - but frankly, I think we'd all be trawling through the posts for hours and getting more and more depressed at what…
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What have you spent today, Sun 25th June?
Just needed to start this off again so that I can record my second no spend day in a row :j Hope everyone has had a successful moneysavingweekend too?
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When you're debt free will you mortgage?
I'm so commited to being debt free, but I'm torn. I want dearly to own my own house to bring my lovely kids up in. I want this to be their security when my husband and I have gone. I've owned a house in the past (but then got divorced and left it behind without a penny to show for it!) and have rented for the past 9 years.…
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can they do this?
hi there, me and my girlfriend have a joint mortgage, I'm currently on a DMP and i think one of my creditors will try and go for a charging order on our property, but, could they do this as the loan is in my name only:confused: where as the mortgage is in both our names so therefore would they be able to do it? any help…
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Standard Life shares - sell & pay debt/keep?
Forgot to say - the other good news is that I will have some shares from Standard Life when they demutalise. Now, previously in another life I would have sold them and spent the money. The new me is wondering what to do? I could 1. Sell the shares - not many only 253 bit of money - and pay it off my debt. 2. Keep the…
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I Feel I've Lost My Way
Hi gang. Haven't been on the forum much recently,not even to read from afar. I feel like a sham. I've not exactly gone mad and gone sprinting off track but I do feel a little lost....and a bit depressed as well. The car had yet another problem last week which gave us an unexpected £120 bill. I guess the plus side is, my OH…
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claimingf bank charges??? explain please
ive been having a read on here about claiming back charges but i dont really understand... what constituates a bank cahrge?? etc sorry to be thick but could you go through it with me? thanks
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Debt Management Companies
Ok, My first post is going to be a little rant about Debt Management Companies. Sorry if I offend anyone in the text. Are agencies such as Spectrum, Greg Penn regulated much. Working in Debt recoverey i notice on a lot of occasions that the debtor has contacted their Debt Management Companies whom are 'acting' on their…
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Update: My first month as a DFW
Well its been a depressing yet enlightening month, the annoying thing being I went £100 over my budget. (this went on my lowest rate CC to avoid going over overdraft). Even cutting down on beer I spend more than I thought, I cut back and still spent £35 and I also spend £35 on smoking. I have asked my OH to buy his own…