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Council Tax Debt Collection
First timer tho I’ve been on the newsletter for years. My mums facing some frustration. Many years ago her and her ex owned a property which due to financial issues, during a nasty breakup, started facing repossession from the bank. My mum moved out and started renting elsewhere. The ex started subletting the rooms a few…
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Cabot Financial
I need advice for a member of my family please. They received a letter saying Cabot Financial had taken them to court, and if debt not paid by 22/8/25 they will send the bailiffs. My family member rung the court this morning , she explained that she had not received any letters etc, she is unwell as she has cancer. Anyway…
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Self- Management DMP- Help
we've decided to self manage our own DMP Plan. my main question is, what do each bank (credit card or loan) ask from us once we say we can only afford X amount each month. Is it 3 months bank statements? wage slips? or is it just an email/phone call back and too? any tips on what to say/do. And the letting all the accounts…
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£15k debt, no income until May - best course of action to take here?
Hi there Owing to some stupid overspending when I was in my early-mid twenties, and then constantly dipping into other sources of finance to avoid sticking to a budget, I've now found myself in £15,179.09 worth of debt, split between credit cards, overdraft, a PayPal Credit account and a couple of nasty payday loans:…
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Updraft/MyCRS
Looking for advice. 3 years ago I took out a loan with Updraft for £8000. I ended up being unable to pay about 6 months later, and agreed to pay them £20 a month in order to get myself sorted out. My debt got sold to MyCRS anyway and I started a payment plan with them for £10 a month. This went on for about a year until a…
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which to pay off next?
Nearly finished paying off the next CC, getting there at long last. I will have a CC with 1800 on it at 0% until April 27 and a loan with 38 months, approx 8000 at 5.9%. I can't decide which to pay off next, admittedly it will only take me a couple of months to pay the CC off but I am tempting to leave it running and pay…
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Do I do an IVA?
Hey guys, woild live your thoughts on this, as all of your advice blows my mind every day! I am shared ownership 50% - zero equity. Single 35 I have about £35k debt including unpaid council tax that has gone to ballifs to take goods. I got in a spiral when I lost my mum and just borrowed as my income went down (commission…
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Zopa loan help please
This discussion was created from comments split from: Zopa Loan default.
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Cabot/ orbit
Hi new here !!! Hoping someone can help I had a letter last week for a debt from 2016 that was with Cabot financial I haven’t made any contact with them since November 2019 , the letter which is in my Maiden name from orbit I didn’t even read I threw away but I also received a text saying someone would call. Also , for…
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old ccjs
hope someone can help! am dealing with husbands affairs as he has slight dementia, Lowell are saying he owes money but the debts are ccjs from years ago which court payments were set at £1 per month as he has no income as I am breadwinner, they say no record but I know they were taken to court, just need to find paperwork…
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unknown debt
Hi All hope you can help! keep getting texts from a debt company called Ophelos stating I owe money on a credit card that I have never heard of! is not on my credit file and search does not show any card in this name i.e. Sky card, any ideas, have emailed them asking for details etc and no answer, just texts every day
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11k debt
Hey everyone, I am hoping you would be able to help me please. I got 11k in debt however my loan of £8500 has now got a default since early July ( made last payment in June,). I was trying to get my debt sorted and reached out to Money Wellness Group, which I found out about as PayPal sent me an email on how to manage…
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Debt Help
Good morning, It's been recommended I post on this board, so if you've seen my post duplicated on the IVA one, that's why? Firstly I would ask that you don't judge, I am fully aware I have made some very silly mistakes when it comes to my money and I am now trying to get on top of them. I have just had a call with…
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Payments after defaults
Just a question on what my next move is after defaults are registered about arranging payments. I’ve got my disposable income of £150 and worked out % payments for my five creditors: > I’ve set up a standing order for a Sainsbury’s loan account which is with Advantis for their % which has been accepted for £9.80 a month…
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Daily phone calls and initial letter from Westcot
Earlier in the year you all gave me some really useful advice about my frightening debt situation. I stopped paying all my cards in Feb/March, and am waiting for them to default. None of my credit card debts have been closed and defaulted yet on my credit record. I had a letter from M&S saying they were passing my debt to…
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Payplan DMP
Hi, So I contacted pay plan because my debts amass to around 33K and I am struggling to keep onto of the monthly repayments. We went through all my income and outgoings and they recommend me going on a DMP. We worked out I would pay £591 a month and it would last 4 years 7 months ish. Our fixed mortgage is going to end…
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No defaults on credit file
Hi all I’m a few months into my journey of self managed DMP. I had a default letter from Hastings loan in June, nothing is still showing on credit file but debt has not been sold on. What do I do not make contact until it shows on file? Or contact new company and update regarding a default notice? thanks
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Trying to get free and out of DMP
Hi, i have been in a DMP with payplan for around 12 years, and still have a long way to go. I potentially may have a gift being offered to partially pay off some of my debt, but the giftor is keen to keep it as a low as possible. I still have £20k to pay off,paying £80 a month, to 11 creditors. How would i go about trying…
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Urgent Debt Advice
Hi all, new here so thanks for accepting. I am looking for advice please. I have around 35k debt and looking for best advice to clear. I am working full time and have no assets (no car I own or house. I live with partner and have a baby. The house is a mortgage in my partners name only and I just contribute towards bills…
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30 Years old, $53k In Total Debt, $100k Salary - Need Advice
Hello everyone, I'm pretty scared typing this but I need advice on how to tackle paying off my debt. After totaling everything up I learned that my total debt is $53,425, with me paying about $1,903 a month (credit card debt + personal loan). I realized I've made some serious mistakes in my finances but I believe I can…
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Most recent: Splendid September's No-Spend Days Challenge! by Dizzycap
19 September at 11:02PM
