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What is my best option going forward?
Hello all! I recently decided to make a change to my circumstances and want to be debt free. I’m not sure where to go. I have 3400 in credit card 7600 in a car finance, 1000 on store cards. 8800 in a personal loan. They were all very silly expenses I didn’t need but being young a dumb I just didn’t care. I looked at my…
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Dealing with Mortimer Clarke
Last week I received a letter from Cabot advising they were passing my debt from Aqua to their solicitors Mortimer Clarke, I then received a letter from MC advising they would be pursuing CCJ if no response was received. This debt has had no payments towards it, nor have I corresponded with any debt collectors regarding it…
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Tomlin Order - CCJ set aside but payment plan already in place (PRA)
Hi all, I’m in a really tough situation and could use some advice. Last year was terrible for me, with redundancies, poor mental health, and living in an awful situation. Over the summer, I managed to get an internship at a different location. During this time, PRA filed a CCJ claim against me at an address I wasn’t living…
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Possible DMP or Default and Wait?
Well tonight was the night I faced reality…..and the reality is I owe £62k across 6 credit cards and 2 loans. The monthly payments are killing me, and the interest on the cards means that I’m barely paying anything off every month. I was pretty sure a DMP with StepChange was my only option, but having read lots of useful…
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Husband accrued 50k debt without telling me
Hi everyone I can’t believe I’m actually writing this but it looks like there is so much help on here, I am hoping I can get help to make a decision. We have a mortgaged house with about 40% equity. 2 children both around university age so will need financial support from us, which I am desperate to give. My MIL was in a…
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Debt collectors
All, I urgently require some assistance. I have gone through some threads but cannot find what I'm looking for. So I've had a bad hand. Been going through divorce and custody since 2023 and in 70k worth of debt. Virgin sold debt to Lowell.Capital on tap sold debt to shire recoveries.Mbna/ Barclays are on Hold. Hsbc have…
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HELP! i’m a student in debt and im overwhelmed!
Hi guys,. i’m wondering if someone could help me please or give me some advice. i’m 22 from the UK and a full time uni student. I come from quite a low income background, my mum is a single parent who has only ever worked in jobs that don’t require qualifications, so when i got access to my own money i went a bit wild with…
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£55K debt
[font=courier new][b]Statement of Affairs and Personal Balance Sheet[/b][b] Household Information[/b]Number of adults in household........... 2Number of children in household......... 2Number of cars owned.................... 1[b] Monthly Income Details[/b]Monthly income after tax................ 0Partners monthly income…
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Newbie starting a self managed DMP
Hello, Newbie here 👋 I’ve been reading lots of posts on this forum to get to a point where I understand the self management DMP process. Still trying to get my head around it. Very alien as I pay everything on time but the monthly payments are unmanageable which results in more debt - ultimately robbing Peter to pay Paul…
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Email from a bailiff, is this a scam?
Had this email recieved this morning - sounds like a scam or scare tactic to me as surely if they issue a ccj the court decides if i can pay in installements and its not automic removal of goods? Do debt is noted, nor amount.... i paste the entire email excluding my name below. Any advice much appreciated, btw his email…
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DMP and CCA Help
Hello, Looking for some help with a DMP I started with Stepchange in the middle of last year when I separated from a partner and it changed my outgoings considerably meaning I couldn't manage the debt level I had. I can't fault them they helped a lot when my head wasn't in a great space and I wasn't dealing with the…
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Debt letter ?scam?
Hello after leaving cobtrolling ex n adult children over 12 yeares ago suffering depession due to death of parents n father inlaw within 8 yrs i left to be alone iwent to refuge then to rented place i had my belongings but no electrical items freezer , tv , kettle, about £900 I was paying off with my sick money , for about…
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DMP Help please.
This discussion was created from comments split from: DMP mutual support thread part 13 !!.
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Jersey
Hello, Sorry this question has been posted on the wrong thread! :( Please ignore..... Do you help people from Jersey? My loan is with a UK bank. I have a credit card/overdraft here.
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I have a few questions regarding CCJs/attachment of earnings.
This discussion was created from comments split from: Struggling with debt? Ask a stepchange debt adviser a question.
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Settling Debt
Hi All, I'm currently working with Stepchange for the last year and have agreed payments with my creditors, most of which have now been sold to a 3rd party. In the next few months I will be in a position to clear all of this debt, my question is, is there value in trying to negotiate a lower settlement figure as the debt…
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IVA Advice please
Hello everyone, I am in approx £40k debt (loan 26k and 2 cc = 13). I earn enough to cover the repayments each month but only just and I am left with not much to live with. If I continue it would all be paid in five years. I wish I could move the loan to reduce interest or just have a short break from paying to recoup even…
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How Long Before I hear back from StepChange?
I made an application yesterday. How long before I hear back from StepChange? I am just anxious and I am needing someone to talk me through this. I am on the process of opening another basic bank account or using either Wise or Monzo temporarily for my salary to go into because I am scared it would go into my bank…
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Anyone from Jersey Channel Islands?
I have been searching for days and days about how Jersey is different from the UK in terms of options about going to a self-managed DMP or having a company like StepChange. Lots of users have given me info and advice but they are not from Jersey. I have tried Facebook, Reddit, but haven't found anyone who's experienced…
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View from the other side
Hi everyone, long time lurker, first time poster. I see such a lot of good advice on this board that I thought it might be slightly interesting (or possibly not, lol) to hear from the 'other side' of consumer debt. I've worked for consumer CC companies for well over 20 years now, from on the phones selling instant credit,…
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