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Mortimer Clarke Chasing a 8 year old CCJ
Hello you lovely people. Just wanted to say what a great help this forum has been. As someone who suffers with mental health issues triggered by anything financial this place is an absolute godsend and not sure where I'd be without it. So about 13 years ago my life took a downward spiral and I found myself in loads of…
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DMP nerves (admiral) - please help
Hello, I am going to soon take a DMP out this month (put it off for too long) it’s around £28k I owe now and I use credit most days to get by! Looking to cancel the DDs this month and wait for defaults before DMP. Looks like the DMP will be for 12 years but hopefully settle this earlier I’m concerned as I have two large…
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CCA incorrect response
Hi, I have a very old CC debt originally from MBNA and which is serviced through a debt recovery company. I have been paying this off since 2014 with a nominal monthly amount. In July 2021 I decided to send in a CCA and received what looked like a genuine, albeit very poor, copy of the original signed agreement. As the…
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Cca and physical copy v online agreement
To comply with cca do they need physical agreement (in paper signed) or is an online copy ok? Do the tick box count as signature or do they need your actual signature? Would it be enforceable if they produce an online agreement not physical apart agreement ?
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debts after death - advice needed
Hi Everyone, I am supporting my Aunt following my uncles death last week. Very sad time for us. He was in his seventies but it was more sudden than we had expected. Aunt and uncle were joint tenants in their house. Mortgage was paid many years ago. I understand that my Aunt became the sole owner of the house at the point…
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QDR Solicitors and Lantern - Payment after 'Termination Fee' used to block Statute Barred
Hi there I’ve received a letter from QDR Solicitors on behalf of Lantern (Originally Lending Stream) who say I have a debt with from 2017 – I wrote to lantern first tosay the account was statute barred and asked for them to prove it and they sent a payment schedule with a random payment from 2019 after the 'Default fee and…
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Being sucked into the black hole of debt
A familiar story: I got behind with payments, set against increased living costs and decreased working hours and pay. I'm self employed but barely make anything since covid. No benefits or savings, just selling stuff on eBay to raise money for food. I do however own my property - a one bedroom flat that may be worth about…
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Refused breathing space
I have tried to contacting lenders/creditors to preempt my situation. I am expecting unaffordbability on my debts within the next few months. I have spoke to Payplan but feel pushed for an IVA. I am looking into a self managed DMP, I need a bit of time to sort this plan and budget and sell some stuff. The rest of my…
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Historical Debts repeatedly moved between Debt Agencies
Hi All, I am after some advice please. Over 15 years ago my partner mismanaged some debts. He paid a company to deal with them on his behalf but they went bust, took his money and didn't action. He's therefore ended up with agreements to repay £1 a month for each. He says there are 6 in total for varying amounts. Since…
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Advice (O2 Loan for device I do not own)
Wondering if you can advise and/or warn others about this seemingly innocuous yet devastating loophole in Financial legislation (or if I've fallen victim to something I had missed). I went to get a new mobile phone recently (from O2). The staff in the store screwed up the application process, so I returned home and applied…
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Personal Guarantee
Hi All I have a business which unfortunately looks like it will not make it. I have excellent advice on here regarding debts so far. Just now want to understand how the personal guarantee would work. It has 4 years 10 months left £591 per month on an equipment lease. It is an unsecured guarantee. What will my options be?…
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Lowell
Hello…I have many around 7 different accounts with Lowell all on low payment plans whilst I continue to increase my funds. However on one of my debts they’ve offered me £771 discount and to pay £85 over 3 months to clear it and it will be partially settled. I have already had the default for nearly 3 years am I thinking…
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CCJ
Can CCJ's be paid with a credit cards to clear the debt? What is the longest repayment plan that is offered for a CCJ? Stepchange have advised that a CCJ should be cleared in 3 years which there is no way I could do.
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Dmp and court action ?
I’ve just signed up to step change dmp -3 years and one month- I sent my creditors a debt and mental health form but they didn’t really use discretion- at least one of them has replied and upped my interest rates and offered me one month zero interest.. 19k my debts are.. 3 years 1 month paying 475 a month. I’m wondering…
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Consolidation Loan - yes or no?
Hi - I've been plodding along trying to start clearing my CC debt this year. At the year start it was £50k. By year end it should be around £46k. I had a good first four months, then had unexpected payments, but got back on track this month. My monthly payments are now around £1600. And around £700 of this is interest each…
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Own debt management
Hi, I’m very confused as to how this works I have cancelled my current direct debits and currently on breathing space with my creditors, at what stage do I write to them to offer a small payment for dmp I have had one letter though to say about missed payment do I wait till they sell the debt on don’t know how it all works…
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Smi (Support for mortgage interest) while in an IVA
Hi all does anyone claim the SMI (support for mortgage interest) while in an IVA? I am looking at all my debt options currently and if I am unable to claim SMI that will massively reduce what I can pay. Would only be around £100pcm and on debts of £75000 not sure that would even be accepted as an IVA?
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Prove-it Letter via email?
If the contact from the debt recovery firm has only been via mobile phone, sms and email, to which I have not responded. Should I start with the GDPR letter, to force further communication to be in writing only or should i send the "Prove-it" letter in email form? I realise the point is to force them to provide physical…
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My own dmp
Hi guys, so after losing my job I’m currently not working, I have put through for Benifits. I have contacted my creditors. I have had a letter from vanquish already to say notice of default am I best letting it go to default an sort out a affordable payment with that? Hsbc I’m on payment break and marbles credit card? I…
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Making a plan to become debt free/cancelling pet insurance discussion
Hi, first time posting I think, but I just had the shock of my life when I got an email from my credit card saying I just went over the limit. I have 3 credit cards, 2 are 0% transfer balance ones I dont use, but just pay off just over the minimum monthly so its always reducing. But my 3rd card isn't 0% anything and has…
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