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Please help SOA
What would you do? Good earners - self employed variable income - Probably around 6-7k take home a month. BILLS: Mortagage, Utilities, Taxes, CM, Food is around 3.5k a month. This is unlikely to shift much. DEBTS: We are repaying my Dad back £200 weekly (6.8k remains) AA loan £160 monthly (balance is £470 ish ends in…
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Old debt advice please!
Hi all, I’m looking for some advice please about a very specific situation I’m in in regards to a debt. I’d really appreciate any help or advice from anyone who knows the answer or has been in the same situation. I took out car finance in 2015 with a company called moneybarn. I returned the car in 2017 almost at the half…
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DMP - Default query
hi all So i have 5 credit card. Totaling 30k debt i stopped paying the payments 4-5 monts ago. Only a few have sent me risk of detault lettets i am going to do a DMP with stepchange but do i wait until all are default? Or do it now? also with a joint mortgage and we renew 2026. Will this be affected? car finance renews…
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Marstons Arrest Warrant
I got an arrest warrant from Marstons in the post a while back, I googled it and based on what I found I decided to ignore it, not sure if I did the right thing or not. I had no idea what it was for. The letter contained the name and phone number for one of their bailiffs. She called me yesterday and asked me to attend my…
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Chased by enforcement agents
Hi all, any advice on how to deal with enforcement agencies? Council tax been ignoring me and now they send them after me 🎁
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DMP
Hi all, After letting my debts spiral over the last few years to £45k in loans and credit cards I'm finally looking at getting on top of my finances and looking at DMP's but have a couple of questions, 1. I have a couple of loans with Zopa and am unsure what value to put in when filling in my information on stepchange, the…
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please could I have some advice
I already have 3 debts, which are being managed by a debt help company. 3 weeks ago, the debt help company telephoned me, to inform me that they had been contacted by email, by a debt collection agency. Apparently it relates to a store card debt back in 2002.. my debt help company wanted to add it to my 3 existing debts. I…
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Whilst working debt is manageable
My discussion title says it all…… I am 70 and still working to service my debt. I was scammed from a crypto fraud and now they have vaporised. I have just short of £40k debt, all unsecured. Comprising of credit cards and a bank loan. I have always paid my way and my debt. I seem to get tired easily these days. My pension…
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Advice before starting DMP
Im embarrassed to even be here so please be gentle :'( After loosing my job during Covid, I’ve exhausted every credit avenue and now at breaking point, having spent the last year taking cash out from credit cards to pay the same credit card minimum monthly payments and all card companies now wanting me to increase payments…
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Back dated default
In hope more than expectation, if a default is backdated should the interest/charges applied since the revised default date be removed?
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JPMC current account
I've just had a notice of a new account being added to my credit file next month. Has anyone any idea who they are? I can only assume one of my old debts has been bought and they are trying to put in on my credit file. I certainly haven't opened any new bank accounts so have no idea what it is until I get full detail after…
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Debt plan that covers secured debts?
Ive just seen that a DMP and IVA cant cover secured loans. Is there anything that does cover secured loans? Not the main mortgage but smaller personal secured loans?
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CCJ can they come after her?
Hi guys A friend of mine got a CCJ on her account for not paying her car finance.. not sure I id's through a car company or the bank. Car has been taken off her.... If she can't pay the full amount of the car which is 30k or something. Can they come after her share of the house she has ??
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SOA advice and help
Hi, I am thinking of applying for a DRO and wanted some advice on my SOA. It will only be me applying and was wondering how it worked. 90% of bills come from my wife's account and I pay one lump sum into her account at the start of every month, will this be an issue when I have to provide bank statements. I have about five…
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unusual question about a DRO
I'm dealing with Christians against poverty in the hope they apply for a DRO for wife and I shortly, But I was asked are we expecting any lump sum in next 12 months, that will take us above £2000 each, we said no, that's true. but I read in a popular newspaper yesterday that this potential miss selling of car salesman hp…
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Rent arrears and on benefits
Hi looking for some advice please In a situation of currently owing £7,800 pounds in rent arrears and being evicted due to unfortunately losing job because of illness and disability and couldn't pay rent after paying it for 1yr and a half reliably with no prior arrears Realistically if the landlord goes to court to claim…
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Creditfix - More Like Creditbreaker
I have been in an IVA with Creditfix since 2018 as I amounted about £41k through reckless borrowing as a late teen and guy in my early 20s at the time. 100% My own fault and I’ll never deny that. Naturally debt became too much and I ended up seeking help and was recommended to Creditfix, who signed me up to an IVA.…
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New to DAS DPP
Good evening all, I'm hoping to sleep for the first time in a long time tonight after having started to address things via SC. It was sobering to see the extent of my debts. Every month I was having to transfer myself money off my cc to stay afloat so it was easy to bury my head in the sand. When I totted things up I…
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Need advice
Hi all, I have been reading threads for the last few weeks and have decided to post my own to gain advice for my situation. Over the past few years I have stupidly run up a great deal of credit card debt through overspending and living beyond my means coupled with crippling nursery fees and mortgage rate increases. I have…
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Capital contribution order from Marston after trial ended Huge Bill!
Yesterday I received a Capital contribution order letters from Marston. This is after me and my husband (who is in prison right now) were convicted in crown court over six months ago. He was initially arrested in May 2020 and then trial was in Sept 2023. The letter is regarding the legal aid costs. Me and My husband both…
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Most recent: Awesome August's No-Spend Days Challenge! by cathybird
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