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Ignoring unsecured debts
Hi, has anyone ignored debts? I am tempted to ignore one. I just couldn't be bothered with them.
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Neck deep in debts
Hi i am neck deep in debts and I can't service the debts anymore i have about £70k in credit cards and loans. I was hoping to start a side hustle but that did not go as planned. I have a mortgage and i haven't missed any payments on it. I want to make a new start and bin every credit card that i have and never fall into…
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It has to start now
I have to be perfectly honest here, please dont judge me. I have about £19,000 in debt and I am not getting on well with it. I am currently earning just under £26,000 a year, but am looking for slightly higher paid jobs to give me some more breathing room. I've kept this a secret from my partner as we are trying to save…
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Moved: Self Employed Sole Trader Planning Bankruptcy
This discussion has been moved.
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Would full and final work?
Two old Charging orders dating back to 2013 and 2015 neither of which I have paid anything on as only discovered they exist recently. Obviously they have both dropped off my credit file too. They are restriction Ks not in joint names. One is £4600 and one is £3500. We can't move so cannot clear them that way. I have £1000…
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Please can someone advise me and help me.
Hi. Please help I want to apply for a DRO I'm in wales. I understand what is needed payslips etc. My concerns are my partner. Her finances are completely separate to mine and has her own own debt and also don't work and earn as much as me. Also said she doesn't want any involvement as its my debts as we don't share any…
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How to enforce CC Judgment against cowboy electrician
Hi everyone looking for advice. We were absolutely swindled by a cowboy electrician earlier this year, he convinced us we urgently required a rewiring and our home was dangerous.. we bought it hook line and sinker and ended up taking out a loan to pay for the works. He took the money and ran. We now have a CCJ against him…
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Court claim form received
Hello all, I am in my final year of a bunch of defaults. I had a Lloyds credit card that was sold to PRA and the default fell off in July. The debt was unenforceable for many years as they couldn’t send me the CCA but recently they have provided one and have sent me a county court claim form. Not sure how to proceed. The…
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DMP - Settle or continue?
Hi all Looking for some advice, I've been on my DMP since March 2023 - Vanquis £3000 loan (Not defaulted just showing missed payments on credit file) Lloyds CC £2300 (Not defaulted just showing missed payments on credit file) MBNA £5000 CC - (Not defaulted just showing missed payments and actually up to date as DMP were…
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Dealing with Cabot - Final Payment offer
Hi everyone. I've been on a DMP for over 12 years, and still have an outstanding debt of approx 18k with Cabot (another 12 years to go). I called this morning to discuss a Final Payment figure. I didnt give a figure, instead they offered 75% which is way over what I was expecting / hoping for. What should my next move be ?…
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Im scared lowell
So i have a next directory debt which ended up with a default in 2017 this has now came off my credit file im having hassling letters from lowell sending court letters for a ccj is this right can they do this?
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Partial settlements - Virgin and Capquest
Hi all, I just wondered if anyone has experience with these two debtors. I've now partially settled the majority of our debts successfully but Capquest are taking ages to come back to us and Virgin said we have to go through Stepchange. I spoke to Stepchange and said once I'd settled the rest id then ask them to liaise…
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Loan to repay cards that don’t mean you increase total credit
I’ve got myself into credit card debt I’m now struggling to repay as interest adding on means what I can pay each month is having little to no effect. I’m not eligible for any balance transfers or loans as they all see this as me trying to increase total credit, whereas all I want the loan company to understand is I would…
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Financial advisors / accountants who specialise in debt?
Hi there, I am gutted to say that I have been in a debt spiral for some time. I have a considerable amount of credit card debt, spread across several cards. I have just managed to sort it so none of them are earning interest, and I’m lucky enough to have a relatively good job in terms of pay which means that I’m just about…
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Help with Bank misleading Financial Ombudsman
I hope someone can help, and that this is the correct thread, it has taken over 6yrs to get all debts in order and clear our credit files, that is all except one. Summary - Joint bank account with TSB, overdraft, agreement with them to pay back monthly, so account does not go into default- Each year this agreement is…
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Support needed enough is enough
Hi everyone, It has taken me so long to finally pull my head out of the sand. 11 accounts unsecured borrowing totalling £85,228. I have only been able to pay minimum payments until recently when I had to start withdrawing money from CC for day to day spending. This has really woken me up to do something. I have been in…
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CCJ advice for N244 (CC debt)
Hi all, I'm in a bit of a situation regarding an impending CCJ and was wondering if anyone had been through a similar situation with positive news, as I can't afford close to 4k at the moment. I currently have a bit of debt behind me that I owe and have had a precarious career the past couple of years working freelance in…
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Credit card balance cleared by Halifax
So I had accumulated a balance of around £10,000 on my Halifax
credit card over the years, mainly making minimum payments, which were about 1%
at the time, with an an interest rate of about 16.9%. About three years ago,
Halifax notified me that I had been in persistent debt for 36 months and would
suspend my card, offering…
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Anyone experience with ACI?
Hi, my loan was sold to ACI a couple of months ago. Original amount £2,034.94. I made an opening F&F offer of £750 which was rejected and the lowest they’re offering me with partial payment shown on my credit file is £1725 with £1929 being the offer if I want full payment shown on my credit file. Does this sound about…
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Defaults - 6 years nearly up.
I’m new here. I have been debt for years after leaving a really abusive relationship. I have 3 defaults on my credit report. Two with Lowell and one with Cabot. They total to around £713.00. I make two small payments each month one to Cabot and one to Overdales Solicitors. Two of these defaults hits the 6 year mark in…
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