Debt-free wannabe

Hello, I am new to this and would really appreciate any advice. I am currently in £7000 worth of debt, this has accumulated over the last few years following a relationship breakdown and going back to university to study. I have 2 sons (10 and 13), I have recently finished my degree and have been able to secure a job with…

Can anyone suggest what I can do please

Hopefully this is in the correct board. I checked my credit report and a new CCJ has been added from August 2026. I have no knowledge of who this is for, though I have a vague idea based on the amount. I am on hold to the NCBC to find out which company this is owed to - number 37 in the queue. All paperwork must've been…

Hi guys, Realised I'm pretty much at breaking point due to several years of chronic overspending. Not that you need my life story but I lost both parents in the same week during COVID. As an only child I inherited everything and being mid twenties at the time I essentially got used to a lifestyle that I definitely couldn't…

Back in 2008 I took-out 2 credit-cards via Halifax, and spent £13,000 on stuff for my apartment. At that time I was renting privately + didn't own a car | So had no assets which could be seized. ^ (Accordingly therefore, I basically just told Halifax to f**k off / And ignored all letters from the various debt-collection…

Sorry if I'm in the wrong place. I'm struggling to navigate the site. Hi everyone, I have autism and ADHD and have unfortunately got myself into a bit of a pickle with debt, mainly due to compulsive spending. This is something I will be getting therapy for over the coming months. At the moment, I have three loans and three…

I am currently on a DMP with step . I currently have £9000 debt over 5 creditors. I have been on the DMP for around 4 years and probably another 15 years before its payed off . I’ve decided to get a personal loan to pay off my DMP however the max I could borrow ( as I considered the monthly payments) over 5 years is £5000…

Hi all, Just wondering if it would be worth clearing an overdraft with a credit card, using the switch service to close the account to another overdrawn account, clearing that with a credit card and switching to another overdrawn current? I have clean bank accounts with banks I don't owe to so day to day money is safe that…

Hello, I thought I’d posted this on the DMP thread but it’s definitely not there now so hoping it’s ok here. My husband and I have been on a DMP since 2022. All but two of the CC/loans have defaulted. The two being updraft and Landmark (we stupidly got a 125% mortgage when we were young and naive). I’ve just had a letter…

Hi all, Have been trawling the forums for days trying to find the right answer or advice to my situation but can’t find anything specific amongst the brilliant info, so here goes…. I’ve been in a DMP for 2 years now with a total debt of £41k left to pay (originally £50k) - at the current rate it will take me another 9…

We had massive debts - about 60K around 2.5 years ago - Managed to get it all but 3K on 0% interest free for 30-36 months and now we are down to 6K with 18 months to go.. Paying off about 2.5-3K a month so won't be long. We are not struggling either - suprised how much we have to clear the bills and I even manage to still…

When I met my partner, I had a well paid job and a flat in a popular city. When the relationship drew to a close I had barely more than the clothes I stood up in. I got into debt to do a masters which I gained with distinction and in the months before my 50th birthday I got a very well paid job off the back of that…

Little Sis has had mental health and physical health issues since August. She has been out of work for over 20 months. Income is carers allowance c£83 a week I think. She was in hospital for one week in October but not sure on rules re carers sickness. Household includes our father so has been running on his savings and…

Hello! I have 4 individual debts that were sold to 3rd parties by the original lenders several years ago. I have submitted CCAs, and unforunately, they were all able to provide the signed credit agreements (I don't feel too bitter though because I did get lucky with quite a few of my other debts!). None of these debts were…

Hi there, I am looking for some advice and I believe this is the best place to ask. Monthly income of £2715.00 Currently I have two large credit cards. One for £5850.00 & £3089.00 I am paying roughly just over £200 P/M per card. I have been considering my options today. One being taking out a consolidation load for £8000…

Hi, I am currently managing my debt via a DMP. One of the debts is to a virgin money credit card. My salary is paid in to a nationwide current account. My wife and I also have a joint account with nationwide that we use for our day to day spending. Now I know that nationwide said they wouldn't enforce their right of set…

Hello all, long story short, I have approx 20k of debt spread across 5-6 credit cards that all defaulted sometime in 2021. The debt was accrued during my previous marriage. I worked full-time, my ex didn’t; choosing to do various different further learning courses and be a full-time parent, rather than work. We, therefore,…

Hi, I’ve been a follower of the forum for a while after spending many years in a cycle of debt which got worse when my partner lost his job. I’m now in a self managed dmp and all seems to be going well. However, I have 1 loan with My Community Bank that’s in arrears and is very close to defaulting. From reading various…

Hi im new here and dont no how to do a post to get dmp advice

63 year old lady Please don’t judge me being on benefits since my health massively deteriorated over past 5 yrs plus and work issues etc Debt credit cards £9k Car asset paid for - Parkers estimate private £4740 - £5920 (needed as long term Ill health and severe mental health,live out in country very little transport, many…