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The emotional toll of a DMP?
Hi There, I never ever thought I would be in the position where I am right now. i am now a few months into my DMP everything is playing out as expected, savings/defaults/debts being passed on etc. the process I get and I am on the road to recovery but it’s a long road. I have an amazing wife who is standing by me to put…
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Waiting for Defaults
Hi, I'm waiting for 5 debts to default. I have just not paid them and ignored them so far. What I am waiting on is a letter from them saying I've defaulted, then I will offer them £1 token payments by standing order. Do I just wait until that happens, unless I get a letter before action? Should I send them a letter saying…
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Moved: MBNA credit terminated with immediate effect?
This discussion has been moved.
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CCA/Mortgage Advice Needed
Hi All Thanks to the advice given on this forum I have had a DMP for 6 years and after a house sale finally am in the position to request settlement figures. After going self managed, I asked for CCAs and to my surprise 6 creditors haven’t produced it yet. Of the others which are enforceable, most have settled at around…
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Next step in self managed DMP
After getting some great advice on this site I stopped making payments in September on my debts that I could no longer manage. I have been sitting tight waiting for them to default which they are (some faster than others). One of my debts was with American Express who have sold the debt onto AIC, I have read some things…
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Can a creditor withdraw a claim after a set aside?
Hi guys, I've been on here a bit trying to sort out a set aside on a CCJ, I paid the fee for the N244 today so hoping it goes through. I was wondering if the case gets set aside , from what I understand it goes back to the claim stage. Now, can a claim be retracted? I have read stories of people who cannot pay the full…
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Moved: Help. Newbie. QDR letter on PCN (Europarks,Shell)
This discussion has been moved.
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SECCI the same as a CCA
Hi , long story short ive asked for the cca from lantern and they have sent a secci which I understand is a pre credit agreement (could be wrong) should I reply and ask for the CCA. any help would be greatly appreciated.
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Cabot Debt Repayment
Hi all I have been making repayments to Cabot for about two years and they sent me a letter to do a payment review so I went online into my Cabot account and upped the payment from £25 to £50 a month last week. The payment plan was updated and the new amount will start on Oct 25th. However today I got an email saying my…
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Update on my self managed DMP
hello! I don’t know if anyone remembers my posts about starting a self managed DMP but thought I would post an update. The credit card companies have been ringing me a lot but I don’t answer. They have sent lots of letters. Mbna has offered to put my interest rate to 0% but most of the others are just to tell me I am…
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Joint mortgage shortfall ex refuses to pay vsok credit file help
Hi everyone, I have another thread on mortgage help however I am also looking for credit file information, does anyone know what happens to credit file if keys handed back to bank as this house may not sell. Original post - I'm dealing with a horrible situation and would be very grateful for any help or advice please! My…
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Drowning in debt - please help
I was a student from September 2021 until June 2024, receiving tax credits and student loans. I was accepted for a £10,000 loan which was £15k with interest and another loan of £15,000 which is £25k with interest. I was also accepted for a credit card with an £11,500 credit limit. All whilst being a student, on child tax…
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Relationship Breakdown Debt
Hello. My son has recently come out of a long relationship and has 2 young children with his ex. I have discovered that she has run up thousands of pound of debt in his name and it seems that he is left to pay it all off. He has mental health issues and lives off UC and PIP payments, and is now also being asked to pay her…
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Merged: Charging Order
This discussion has been merged.
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I may have made a massive mistake dealing with creditors
Hoping you can help me please I am so stressed and think I have made a massive mistake with my creditors. Firstly, I have autism and struggle with communication even when I am online, I do not know how to converse with people properly. Just saying because it’s difficult for me and It causes anguish but I need help please.…
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DMP Where to go from here
Hi MSE forum Hope you are all OK. I am just looking for some advice. I have spoken to StepChange as I have accumulated a large amount of debt. The majority of this is mobile phone debt where I have bought phones to sell to offset my debt. StepChange have advised that the first things I should do are to continue with…
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Debt Sold 4 years after bankcruptcy?
Hello I was declared bankrupt 4 years ago. Yesterday i received a letter from Halifax/Link Financial to say that they had sold my debt and Link Financial will now be retrieving it. I have checked my bankruptcy documents and Halifax was listed as a debt and the full amount owed. Unsure how to proceed with this, any help?
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OPOS CAPQUEST DEBT RECOVERY REQUEST - Is it real?
I received a letter out of the blue telling me i have an opportunity to pay a reduced debt. Everything had been set up so i could just pay online including pin number. I found this really odd. Having read the letter I noticed the client they say they were acting on behalf of, and know I have never had any dealings with…
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How do people afford full and final settlements?
How do people afford full and final settlements? To save for these, surely you must be paying less than all of your disposable income? If so, how do yo get away with that with the likes of PayPlan, who are quite strict? Am I missing something here, how do people do it?
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Looking for ideas
I’m tentatively addressing my finances and I’m looking for ideas. Background: I’m single with a grown up child who lives with me (council rented home) and contributes at 50% of the rent and bills. I’ve recently qualified as a nurse and just started my first post. During my time at university due to various life stuff I…
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