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Token payments or ignore for now?
Hello, Life has been challenging for myself for a long time now and this year I’ve put my head in the sand with my debts. My husband moved out for 6 weeks and household income reduced and I stopped paying my debts to prioritise paying for food ect. I haven’t got back in touch to sort it out and not sure what to do, none of…
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Moving to Spain with DMP
What will happen if I move to Spain and stop paying my DMP with PayPlan?
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Plan of action
Hi everyone, Just after opinions and some advice In regards to my current finances. I'm due to receive some inheritance shortly totalling around £38,000. This will enable me to clear the majority of my debts freeing up around £1100 per month. I will still have the following debts outstanding: Very £3205 - various items…
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Not paying for fuel and driving off
I am raging and mortified but also need some advice if I need to do anything more/faster! I found out today that my husband filled up the car at a petrol station a month ago and didn’t pay. I found out because the new tenant at my old address messaged me and said he had balliffs round! My address was wrong on the VC5 so I…
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Which balance to move to 0%
Hi all - could do with some advice on best way to tackle currrent cc debt please, so I don’t make any more errors and can try make some movement on payments/pay less interest. Debt summary:Barclaycard £9900 - paying interest 24%Virgin card 1 - £3115 - 0% promotion ends Jan 2025Virgin card 2 - £1112.50 0% promotion ends Jan…
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Nationwide unaffordable lending and ombudsman
Hi everyone My complaint to nationwide has been rejected and I am going to take it to the ombudsman. When I went on to log complaint yesterday it asked for a copy of the agreement. I don't have this, can I request this from Nationwide and how do I do this? The loan no longer shows on my nationwide account. Thanks
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PRA group woes
Long story short. PRA applied to county court for a debt just over 3k despite me contacting them for the cca on 1st July. I acknowledged and disputed claim as had asked for the cca. Received a letter from PRA saying they would supply the cca paperwork and intended to still go to court. No cca has been provided. And today I…
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Debt Management Plan. Where To Start
Hi All. I'm looking for some advice. I've got 44k worth of unsecured debt in the form of credit cards and loans. I'm struggling to keep up with the monthly payments at the moment. I haven't defaulted on any of the accounts as of yet. To which seven in total. I'm looking at getting a DMP but I really don't know where to…
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Debt Collector or Debt Purchaser?
Hello! I've been lurking on the MSE Debt-Free Wannabe forum for some time now.... here's my situation: In Dec 2022 I was unfortunately made redundant and it took 9 months for me to secure another role (I work in recruitment/HR so with reduced hiring, companies just didn't need someone like me). Anyway, I'd never missed a…
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Ongoing Default Saga With Lendable
Good morning, it’s been a year since I decided to start a self-managed DMP and stopped all payments waiting for defaults. In that time all creditors have defaulted except one, Lendable. I continued to pay them a small amount for a few months (as they threatened doorstep collectors..) but they didn’t stop interest making…
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What should I do?
I’m looking for advice on the best course of action to take. Some context: According to Credit Karma, I have two defaulted credit card debts: * Tesco Bank £3100 (default date Jan 2019) * Lowell’s (Natwest) £1600 (default date Aug 2019) The start date for (1) was 2016, and for (2) 2013. I’m certain I originally defaulted…
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Defaults Question
I have a Q about 2 of my husband's debts that aren't being reported on his credit reports - is it because he defaulted more than 6 years ago? He still owes that money doesn't he, it's just not on his report because of that default thing. I didn't know that was a thing, I've learned something! If I've got that correct,…
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Can I set aside a ccj?
Back story - in 2017 I engaged the services of solicitor 1 on a deferred payment agreement. I made it clear I didn't want to go I to debt over this issue and they agreed to this. The agreement was I would only pay once the family estate was settled. Solicitor 1 was made fully aware of a family member who had made…
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TO DO BEFORE STATUTE BARRING
Hi, I have tried to read as many threads as possible but still have a question. Background: In the past (2018) I had CC debts that I couldn't pay & they defaulted 17/1/2019. After many letters & phone calls, due to pressure from my wife and a gift from a family member, I repaid all except one CC. She thinks it is morally…
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Iva early settle
Hi everyone need some advice . We our in our iva 4 and half years . I am soon to ininherit some money up to the value of 8,000. We owe 3200 on r iva do u think the creditors would take an early settlement.
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Are solicitors allowed to buy debts from banks that the same solicitors represent?
I have seen posts on this forum about HSBC selling debts to
MFDP Ltd, a debt collection entity. After selling the debt to MFDP Ltd, HSBC has also been
instructing borrowers to continue paying their debt through a preferred solicitor,
Restons Solicitors. I have a debt with HSBC which I have been paying through
Restons…
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Start of self managed DMP journey
Hello! Is anyone else a couple of months into starting a DMP and want to share what they have experienced so far? I stopped paying all my credit cards minimum payments in July and so far only had a handful of letters and txts/emails. I don’t answer my phone to unknown numbers so not sure how many phonecalls ive had. Im…
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CCA Request - Response next steps
Good morning! :smile: I’ve sent off 3 CCA requests last month, 2 to Cabot and 1 to Moorcroft (debt owned by Capquest). Cabot have responded to both to say they are still processing the requests, but until they can provide the information the accounts are unenforceable. Moorcroft have only said they have referred the…
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Please help me decide where to start!
I’ve spent the evening taking my head out of the sand and can’t decide where to start. I know about the snowball effect but could anyone tell me where I should attack first. I would be so so grateful. MBNA - £16,000. 28% interest Barclays - £3,300. 28% interest Halifax - £9,000. 0% interest until Dec Nationwide - £2,800.…
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HMRC debt
Please could I ask for some help with a self assessment tax debt? I work freelance alongside a full time job, and it's put me into the 40% bracket this year. I didn't put any money away at all to pay the tax, I feel really stupid about this but I just chalk it down to being autistic and not understanding what I'm supposed…
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