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Proof Of Debt
Hi there, I have asked a DCA for proof of a couple of debts they are claiming. They have responded, and supplied a statement and agreement for 1 account. The other is only a statement This statement is only a grid you could knock up easily in excel, with Client Reference/Payment Date/Payment Value/Payment Type. There is no…
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Letter of Claim received. What next?
I recently received a letter of claim for a barclaycard debt that went into default late 2020. I was out of the country and ended up using the card due to a bereavement in early 2020 and was unable to make the monthly payment as it became unmanageable. I contacted barclaycard multiple times to set up a payment plan or to…
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Credit report status following F&F payments
Can someone confirm if you have a defaulted debt which was then paid off at a reduced rate how this would affect your credit rating? Would the default be removed? Would the reduced settlement show on your report for a further 6 years etc. many thanks
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Unrecognised debt on file - should I send a prove it letter?
Hi all, just wanted to ask for advice on whether I should contact a creditor AGG Booth. I have been discussing this on another thread where others have had them pop up on their credit file with no contact - and I think someone has tracked down some contact details for them - or a related company so I have an address and…
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Council tax enforcement
Hi I am at the stage of council tax enforcement. The debt relates to single person occupancy discount from two years ago. I listed my current income and expenditure and made the LA an offer that they rejected? Going forward, I cannot afford to pay in one go, do I just have to accept a monthly payment the LA will state? Is…
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Sudden contact from old creditor
I was on a DMP for over 10 years which I ended in 2020 when I asked for credit agreements from my creditors - I stopped paying those who couldn’t supply them and acknowledged the debt was unenforceable, and carried on paying those who could. In October this year, it is 6 years since my last payment to Link who since they…
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Student Maintenance loan and DMP
Hi. When preparing an SOA for creditors. (When at the point of setting up payment plans.) Would you include student maintenance loans? I get £450 a month, but it does not feel like it as it is paid in three instalments a year. I have read previously someone mention they would not include income that does not go through…
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Unclear wording on full final settlement offer from creditor
Could anyone tell me what the wording below means in simple terms please? It is on a letter from a creditor Monday offering me a 60% discount to settle my account. I do intend to ask for a CCA before accepting their offer. But the wording is confusing, does it means I can still be liable for the full amount in the future…
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PRA Group Settlement
I have a debt (£4688) that's been bought by PRA and they have sent me all my account details. I have sent the a full budget of my income/outgoings and shown them I'm left with minimal at the end of the month. I have made them a settlement offer of £1000. My stepfather died and left me this money. They have countered and…
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Zopa loan default
Hello, My Zopa loan is just about to go into default, when I don't pay on Friday. What will happen next? Will it get sold to a debt recovery company or will they take me to court? Thanks JB
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What a mess
I'm in a hole. I went into a self managed DMP with 8 creditors last year and things were chugging along. I've now had to drop a day at work so only work four days a week which is impacting my income. I'm also a carer for a family member, I had to do something to get a bit of headspace back, hence dropping a day. I'm sick…
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DMP Help
Hi, I’ve been reading the threads for a while and they are great. Long story short I got myself into around 47k debt. I have resolved all the issues of why I got in to the debt and started a DMP 12 months ago, I pay £1000 per month. I set this up quite quickly as I was panicking, so no emergency fund. I am looking into…
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Is this legal by Bristow & suitor
hi, this is all me to me so not sure if I’m in the right place. Due to illness my other half lost her job and we fell into debt. We have 2 curt order payments with Bristow and suitor which works out to around 35% of my wages. However as one debt is nearly cleared I’ve noticed they’ve stopped taking money off of that debt…
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Process after CCA confirmed?
I recently sent a CCA request to Link, they’ve now provided this and the debt has been proven to be enforceable. At this stage, is it as simple as me just making payments via their online portal? There’s nothing else I need to do, and they have no power to dictate how much I am required to pay each month? I’m also assuming…
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Martin Sheen
Is anyone aware if there are charities involved in writing off debt in the UK, in the way Martin Sheen helped the people of Port Talbot over the last 2 years? Looking for specific charity / charities to make contact with.
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IVA advice
Hi there, I took out an IVA, and now I’m in the really lucky position I can pay it off. I have contacted my IVA practitioner several times asking for a final settlement figure and what I will pay in fees etc. they keep just sending me a request to write a letter stating I want to settle in full and a screenshot of my bank…
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Paying off IVA
My father recently passed away and I will inherit around 100k from the sale of his house. I am planning to pay off my IVA, this should be by October time. When would I be able to apply for shared ownership as my IVA is a 5 year plan. I'm 2 years in.
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Trying to avoid DMP, thoughts please.
This discussion was created from comments split from: 0% credit card deals ending - sick with worry.
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Wanting to share my goals with you all!
Hello! Sorry if this in the wrong thread?? im starting my debt free journey 😃 we are 30, engaged and no kids. current debt myself: CC £10k PCP £12.5k - I sold my car today and made a profit after paying the finance off!! overdraft £800 my partner: overdraft £600 after recently paying off a loan PCP- £15k - he is overpaying…
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Partial settlement with debtors
Hello all, I am considering offering a partial settlement to my 3 creditors at some point this year, however, does anyone know the following: - Is it worth tempting to offer a 5% or 10% settlement? - Will the creditors ask for any documents as evidence? - If so, what proof can they ask for? Like for example, can they ask…
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