-
Not sure where to start. Large debt & just sold house but likely being made redundant tomorrow
Hi everyone, I’m hoping someone can offer some advice. My wife left me three years ago, and for the first 18 months I really struggled to cope — not just emotionally, but with managing everything outside of work. I found it hard to keep up with the mortgage on my own (she moved out), along with all the bills, child…
-
Aci/myjar
Hi, ive just found out that ACI send an agent to my door, I was out but they chapped my neighbours door to see if i lived there and asked what my surname was, she didn't say anything but can they do that?
-
PRA Offer
Hi, I have been waiting for a Barclaycard debt to default, and was then going to start paying. I was considering a CCA request for this debt as it was from a 2012 credit card. PRA have bought the debt and have offered a 65% discount (it’s £2500 originally) if I pay it over 6 months. I could just about afford this, it says…
-
Lowell settle agreement advice
Hi all lowell sent me a lettee to say they would give me 70% discount. So would need to just pay £1213 over 6 months anyone done this? Would they do it over 12 month if i called them? Do I wait bit longer. Ignore it?
-
Merged: Car Finance Woes
This discussion has been merged.
-
Remortgaging with defaults and bad credit
Hi forum, I have around £25k credit card debt, with excellent credit and payment history (no misses or defaults). However, it's unmanageable. I can only pay the minimum payments and am still using the credit cards for expenses. It's a vicious cycle. I am considering cancelling my direct debits and waiting for the defaults,…
-
Received court claim for a statute barred debt (Cabot / Mortimer & Clarke)
So I received court claim documentation for a defaulted debt from around 9-10 years ago. Mortimer and Clarke "solicitors" have recently started hounding me about it and sent the claim through the other week on behalf of Cabot Financial. I have never paid a penny to Cabot Financial towards this nor ever admitted liability…
-
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…
-
Unsecured debt help - I feel helpless
Hi everyone, I have been reading a few thread on here for a while for some support and advice and feel like I need to post my own issues to get some more personalised advice. Long story short I have around £43,500 of unsecured debt. A mixture of unsecured loans and credit cards that I physically cannot pay. Zopa Loan -…
-
Finance Agreements
Hi, New to the forum and looking for some advice. Apologies if this is in the wrong area. I am in the situation where I can no longer afford the monthly payments on the hire purchase agreements for the vehicles and they have already fell behind in arrears. We need two vehicles (both currently on finance) so one can be used…
-
CCA by email / login
Hi all, Long time since I posted on here but
regularly check the forums to see all the positive advice being given. My DMP started in April 2018 and has
been trundling along since then. All my defaults have now been
removed from my credit ratings. A large chunk of my debt has been paid off but
still a fair way to go with…
-
Just want some advice on my next steps to be debt free
I’ve been looking on here and Beat the Bailiffs and just want some advice on what to do in regards to my debts. * Novuna Consumer Finance (Hitachi) – £8,765.84 Old £8,000 personal loan. I made a complaint because they refused to default the account after missed payments; it was upheld and the default has now been…
-
Need some help and advice with my debts
Hi, I apologise if this has been answered already but I have been searching through the forums for a few days now and can't find what I need. I have stupidly got myself into significant debt and I need help to get out of it. I have 2 maxed out credit cards, (approx 16k between them) I have a debt with moorcroft of approx…
-
Going to court?
Hi All There's a credit card debt that will be statute barred in approx 2 weeks. The DCA has gone quiet. If they are preparing to take me to court, do they have to issue proceedings before the default runs out or get me in court before the default runs out? Thx in advance
-
Cabot, Orbit, and 23 years.
23 years ago my abusive, late ex husband forced me to take out finance on a car. I paid it for as long as I could, I left, it was eventually repossessed and there was an outstanding debt. As a single mother of 4 I couldn’t pay it. I think it went to CCJ but I can’t be sure. It fell off my credit report years ago. Cabot…
-
Brachers
Hi, My Amex defaulted. Once it was defaulted it was passed onto Brachers. They have been contacting me, and I made be payment to them, but the next day they have sent a formal letter of claim. I am going to fill it out and show that the payment is what I can afford monthly. But should I call them? Or just send the form…
-
Just overwhelming
Hi there, first time post and have been in awe of all you SME's for so many years amd would desperately appreciate your guidance. I’m a father of three and have always worked hard to support my family. Things became financially strained when my wife left work after our twins were born and our eldest was 2 years old. I now…
-
Default notice help
Hi all, have been reading a lot of great advice on here last couple months. I've just started facing my debt repayment journey and after reading advice on here have stopped paying and have been ignoring my 3 creditors (2 unsecured loans (Abound & Lloyds Bank & 1 Zopa credit card) with debt totalling around £10k. One of my…
-
Moorcroft
Looking for some advice re a debt repayment plan I have with Moorcroft Debt Recovery Ltd. Myself and a business partner had a business account/overdraft with RBS. The business failed and we were left £20k deep in the overdraft. RBS sold the debt to Moorcroft by which time my ex business partner had left for Australia and…
-
What are my options?
Hi, I'm considering my options - Have been online with Stepchange and the three options were 1) DMP, 2) IVA and 3) Bankruptcy, I'm thinking bankruptcy might be my preference given I have no assets and would like to be debt free and fresh start by 46. Whole host of reasons for my situation (£93+k) in debt, I'll not list…
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
420K comments
Most recent: Payment a Day - Chapter 2026 by AntoMac
Today at 12:26AM
Sub-categories: 1p Challenge (Test board)