-
Do i start to pay now?
Stopped paying loans and CC’s 10 months ago. A few have now been sold on. Should i now start paying these ones? Plan was to pay minimal/token amount and continue to save in EF toward F&F. Starting to get a little anxious now about having not paid anything and dont want any further action, taken to court. Largest amount is…
-
Virgin credit card defaulted sold to Capquest Advice
History CCA request to Capquest on 03.07.23 with a cheque for £1. Letter from Capquest undated received on 18.07.23 returning
cheque informing me a response to the content of my letter will be issued ASAP. Letter from Capquest dated 31.10.23 received on 09.11.23 informing
me they are working with Virgin money to get the…
-
First default on reports
Well After just 4 missed payments messers m and s have defaulted me It's very wrong I know but I almost feel like celebrating I have 3 more accounts to default ..hopefully soon So what do I do next? I assume I wait to hear from whoever they sell the debt onto?
-
Very old Restriction K help please
Hi, I've been tidying up my finances and cleared outstanding mortgage arrears with a view to remortgage or move. Thanks to advice across MSE I stumbled across the Charging Order myth thread. So just as a double check I went to Land registry to make sure I didn't have such things and was troubled and surprised to find out I…
-
Prioritize Clearing CC Debt, or Saving?
Hello! I would love to get some advice on how to move forward with my finances. A little backstory : 1. I have never been good with money, driven by a fairly compulsive and impatient personality, I have always been in various levels of debt throughout my adult life. 2. Recently ( 2 years ) divorced, my ex was also not…
-
Lowells and statute barred debt
Hi all Lowells have been ringing me and sent me a letter for a statute barred (and disputed) debt of £34 from 2011 from EE They have just bought this debt so I rang them to remind them it was statute barred. I was then put through to an "expert". He claimed I had another debt with Barclaycard. I did have one, but it's from…
-
Lowell debt collectors calling my mum
Hi. I racked-up some credit card debt a few years ago just trying to stay afloat. I wasn't living extravagantly or anything. Most of it was just paying off interest. I can't even remember how much it was. Anyway, I stopped paying it and I've kinda just been ignoring it for 4-5 years. Every now and then I get a letter or…
-
Concerns about DMP, mounting debt and no idea how to get out of it
Hi there, Looking for some general advice regarding debts and DMP I am entering. Basically I contacted PayPlan and went through my budget and my main incomings/outgoings and they deduced that I could afford just over £300 a month to pay back debts. Which I was initially skeptical about as month on month I never have this…
-
Irresponsible lending letters
Just in process of starting self managed DMP - but from advice here, letting all accounts default first before contacting and setting up an agreement for payment. I feel I have grounds for some lenders for irresponsible lending. When should I start sending those letters? Given the fact that I am essentially going AWOL them…
-
Mortimer Clarke - CCJ (I have tried the other threads)
Hi. Wondering if anyone can help. I received a letter from Mortimer Clarke in December last year claiming I owed them over £2k. I wrote back (without signing the letter) asking who they were and what debt they were chasing. After much to and fro-ing they claimed the deb was for Black Horse (taken out 18/06/2002 and…
-
Resolve Call Visit
I had someone call at my door today and they posted a notice through the letterbox saying I have an outstanding debt and to contact them. I was bankrupted in 2002, discharged in 2006 and have not missed a payment on anything in over 15 years. My credit score is in the excellent band. What should I do- ignore them?
-
CCA and DMP
Tried to add this to one of my other threads but didn't realise its a long time since i added anything to them. So basically I have informed Pay Plan that I wish to manage my own DMP. I have 11 creditors my DMP has been ongoing since 2006. 3 are CCJS,2 are enforceable the other 6 say they cannot provide any paperwork so I…
-
Tesco Bank automatically cancels Direct Debit whilst on Breathing Space
Just a warning to others, I had applied for breathing space via Stepchange. I wanted to as far as possible try to protect my credit file whilst on breathing space, and had believed that I should still maintain minimum payments were possible and had aimed to do this. All other creditors had collected (a reduced) minimum…
-
Remortgage or debt consolidation?
We borrowed to extend our home which has increased its value as well as provided us with the space to live here forever. Our original 5 year mortgage ends in 8 months (November 1st 2024). Due to the payments required on loans and interest free credit cards we have a negative monthly balance. We can consolidate all debts…
-
Wife being chased by BW Legal over a debt that isn't hers
We moved house last December. The house itself and all of the bills were in my name. On the day of completion we took final meter readings and submitted them to EON. All was well up until a couple of months ago when my wife got a written letter from BW Legal saying she owed approx £100 for a period of around 16 days after…
-
Random email/ texts/a letter from opos !
Hi there...wonder if anyone has any advice? 7 years ago, ready to pay off my horrendous debts, I became a live in carer earning £720 a week. Grabbed the bull by the horns and paid off 3 credit cards, closer to paying off the £14300 loan with Lloyds Bank- another £2000 and I'm done .All this as well as paying my sister's…
-
Letter before claim - help wanted
This discussion was created from comments split from: DMP mutual support thread part 13 !!.
-
How to stop calls from Lowell
Longish story. About 6 years ago we got a lot of calls from Lowell asking to speak to woman (name is always the same but don't think I should put it here) who we had never heard of. This went on for a few months and then stopped. At this time I had had the phone number for around two years. About 6 months ago these calls…
-
Debts vs saving vs house repairs
Hi, so I have such a heavy heart as I type this and I just don’t know where to start!! My husband and I are in £35000 of debt made up of loans (for a car), car on finance, Loan from friends and family and Credit Cards. but, we are now in the position where the house (with a mortgage) needs some repairs and we’ve got no…
-
Defaults
Hi, Please could you advise me whether I need to contact lenders as each of my debts default? Ideally I would like to wait for them all to default before starting a self-managed DMP, but I’m wary about further action being taken, such as a CCJ, etc. Thanks for your help.
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
404.7K comments
Most recent: Joyous January's No-Spend Days Challenge! by beanielou
Today at 8:42AM
