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Wifes Debts
My wife buries her head in the sand over debts. Last year I paid off debts of £3k of hers not mine or joint hers. Last week she tried to hide another debt letter from me but I noticed it, She said she is sorting it but when I read it it was the final demand and if ignored it was going to court. I am retired so money is…
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Mortimer Clarke referred back to client
Hi all, I could do with some advice. I have received a letter from Mortimer Clarke this morning in ref to "Cabot financial UK" saying I owe £19+ k jointly with my ex husband, but the letter says the account has been referred back to the client and they will be in contact. Key points for guidance: I am not sure what debt…
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Newday passed to Wescott
Hi all, looking for some advise please. I've left my debts until they are starting to default and have had my first call/text from Westcott saying they have taken over for Newday. I can't see any defaults registered yet on Trans Union and have had nothing from Newday. Is now the time to contact them and set up a payment…
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Need help getting out of debt cycle!!!
Hi, I'm new here so apologies if this isn't the right section to post this and thank you to all the knowledgeable and helpfull people that contribute to this forum :) . Over the years I have accumulated this debt and I have just borrowed and borrowed to cover the monthly payments and it's caught up wiyh me and can no…
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Advice needed please
Hello I have got myself into a situation that will soon become unmanageable. While I am meeting all my commitments at the moment, and still have just about enough to get by, I feel like I am teetering on the brink before things collapse around me. This is causing me a lot of anxiety and sleepless nights. Whilst I am…
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Help for a 13 year old personal loan
I had a personal loan from a high street bank but stopped payments in 2011. At the same time I moved from England to Scotland. I've made no payments since 2011 nor I have had or sent any communication in relating to that loan. I recently got a letter from a debt collection agency saying they've bought the debt and asking…
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DMP advice for newbie. Please help
Hi all, My husband & I are £41k in debt & have £4.5k in savings as we've just sold an asset. We are looking at entering into a joint DMP. The debt in my name is low (£9k) but I'm the problem spending wise (It's me who overspends) so we are looking at making it joint. StepChange suggested an IVA or DMP. The DMP seems to be…
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DMP partial settlement F&F
Soooo my partner has been on a DMP since 2020, total of 8 creditors and a total of just under £12k still owing. I’ve just sold my house and we have brought together, so am gifting an amount to clear the debts. Ive been reading up on offering less than the full amount to settle the debt as it’s my understanding some will…
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Settlement Offers
Hi, I’ve been paying a DMP for just over 2 years and I now have almost half of the remaining figure available to settle the remaining balances. All debts have defaulted. I’ve sent f&f offers (40%) to all creditors and I’m not getting very far with them, they’re slow to respond and some have rejected. The only one to accept…
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Is there a minimum payment?
Hi all, I’ve followed all the advise so far on here and 4 debts are nearly at the point of defaulting now. I was out of my depth anyway which I take full responsibility for, in the past few months my husband has also left meaning what I can now afford monthly is VERY small. So my question is once the debts are sold on if I…
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CCA Requests (Zopa/Cabot)
Hi, I'm currently in the process of working through my 9 creditors to request cca's. (nearly £50k debt) all which was defaulted 6 years ago. Most loans and credit cards taken out 8-10 years ago. So far out of the 9 only 2 have managed to produce a CCA which look pretty good to me. Cabot originally advised they were unable…
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Opos Limted Email - Help!!
Hi, I have been sent by email from the above company the below any advice on how to handle it???? My Credit file is clear and has been for the last 15 years I've been with my partner as we've had a mortgage & credit cards together for that long. Any help would be appreciated. Contact Required.We are attempting to contact…
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Defaulted on loan
Hi I'm new and looking for some advice. I currently not working at the moment so receiving benefits and pip. I had spoke to step change and set up a token repayment plan until June. they are saying a DMP would be the best way forward. However it will take 10 years. They worked out my budget sheet and said I can only put £8…
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Can I complain to someone Cabot threatening letter
Been on path of asking for CCAs over period of time . Success with some . However Cabot sent letter 6/8/25 stating couldn’t find documentation for Santander loan then on 11/8/25 offered 75% discount . But today receive another letter saying defaulted and they ‘may consider sending an agent to visit you at home ‘ ! I find…
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About to start self-managing a DMP - some questions
Hi all, I’m preparing to self-manage a debt management plan (DMP) to keep more control over my finances, rather than going down the formal DMP route, and I’d really appreciate some guidance from others who’ve done this or are knowledgeable. Background: I was made redundant in November 2024 and haven’t been able to return…
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Virgin Active Gym Membership Debt Recovery
Hi all, Looking for some advice or shared experiences. I joined Virgin Active earlier this year and paid for three months of membership via direct debit. I never actually used the gym during that time. After the third payment, I called to cancel my membership, and cancelled the direct debit manually, and now I’ve received…
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Update: Irresponsible Lending Complaint Against Amex – Refund of interests and charges
I raised a complaint against Amex for irresponsible lending, and the investigator has now issued their draft decision. They concluded it wouldn’t be fair for Amex to refund all interest and charges dating back to September 2017. Instead, they’ve recommended that Amex: • Refund all interest and charges from April 2019…
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Self Managed DMP Account Sold
Looking for help with the next steps Shop Direct - default notices been arriving since last payment in February. But no official default yet. Letter today to say the account has been SOLD to ACI Do I go ahead and start payments with them ?
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Please help £75k debt!
Hello everyone, I found this forum and have been reading different stories the last couple of weeks because find myself at breaking point, 35/M I have a history of gambling addiction which is the root cause and for the first time in my life ( it has been approx 2 months where i feel in control of it and honest with it to…
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Redress for data breach by Halifax for corresponding with the wrong debt management company
Hi Forumites, I made a formal complaint to Halifax about why they (unlike my other creditors) didn't default my credit card account in 2019 when I was 4 months in arrears and then entered into a DMP managed by PayPlan. Someone from the complaint team at Halifax called me this morning to discuss the complaint. She referred…
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