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link financial offer
got a reply today from link for an aqua credit card debt, I offered 33%, they refused and will accept 80% , this debt was assigned to link a year ago, but I'm not sure if they own all the rights or they are simply the agent, think they own it. this is the only debt that has never defaulted, I have asked them, but they…
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Notice about CCJ not being statute barred
Hello. I'm hoping someone can offer some advice. I have been getting letters and phone calls recently from Lowells regarding a debt with lloyds Tsb. I had no idea about it and checked my credit record to see nothing about it. As I did have an old lloyds tsb account years ago I thought it might be to do with that although…
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Owing money I don't know about
I got a letter from intrum saying I owe money for a Halifax account but I never owed a Halifax account. What do I do
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Why do credit card and loan debts not result in bailiff visits?
I’m just interested it here, is it a legal point, or something that relates to CCAs? I had a visit a few months ago (posted here) for a reasonably small amount, further to a CCJ, however i have much larger credit card debts that simply result in endless letters Are there only certain types of debt that are permitted to be…
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DMP advice
Hi everyone I have been quite overwhelmed over the past 12-24 months and hoping for some advice and words of reassurance. Over the past 14 years I have accumulated £24K of credit card debt in the form of 0% offers that ultimately expired and while I moved them from card to card for a while and continued making payments,…
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Identify theft
Dear MSE, I have been a victim of identity theft. Someone has been using my PayPal account, which I set up many years ago and only used once for paying something online. The account was hacked and they changed the email and phone number on the account, meaning I have no access to it. Everyone at PayPal is refusing to speak…
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Resolvecall letter
Hi all I've had a letter from Resolvecall advising they're acting on behalf of Intrum (never heard of either) to collect a debt owed to Halifax. The account in question is probably 15 years old, and doesn't even show on my credit report, nor have I ever had a CCJ for this. The letter states that they will be visiting my…
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6 figure debts more common now??
Had an interesting conversation with a friend yesterday who has been working for a debt charity. Apparently the number of people seeking advice with debts of 100k has risen hugely- usually couples with combined debts at this level. Our debts were not that far from 100k at the start of our journey and I considered us to be…
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Debt Stressed
Getting a bit worked up and stressed has led me to this forum. 33 and married, and as of 4 weeks ago have a 4 year old and a 4 week old. We have around 15,000 worth of debt which has slowly been accumulating over the last four years, this is generally spread across a Tesco credit card which has the balance cleared off…
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Irresponsible lending - is this really bad that this company has done this?
Hi, relative of mine struggles badly with mental health issues ( probably neurodiverse but no diagnosis). She’s medicated etc and struggles to make positive financial decisions when she’s struggling. last year a finance company allowed her to take 3 loans. She complained and it was upheld in her favour with the third loan…
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Will accepting reduction offer change this debt on my credit file
I have received a 9k reduction settlement offer on my largest debt, taking it from 12k to 3k. They’ve also said my credit file will be marked as partially satisfied. This debt defaulted in 2018, so would be moving off my credit file this year anyway. My question is, if I accept this offer will it change the date on my…
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A bit of debt clarity.
Hi, Was wondering if anyone could offer a bit of advice around my debts, or more so my now confusion on the potential solution. I've read loads on here and other things on line about the best way to go to clear my 61k of debt. It will either be a DMP or IVA and looked through stepchange particularly with budget tools etc.…
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Reconstituted CCA
If a reconstituted CCA is valid, then why aren't more creditors doing this instead of sending invalid CCA or stating they can't find the original? Surely it shouldn't be too difficult for them to recreate one, or am I missing something here?
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DMP - forgotten debt?
Hi there, I started a Debit Management Plan with Stepchange a while back (5 years? - they have been fantastic). I've had various letters from Interum regarding a Tesco debt, which I ignored as I assumed it was covered by my DMP. However, it has now been referred to ResolveCall who have said they are sending around a debt…
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What to do?
Hi, I’m new to this forum and wanted some advice re: what to offer NatWest for settlement of credit card debt. The debt arose due to coercive control and the bank have been aware and I’m making token £1 payments per month. I wrote to them for a write off but they said they don’t do write offs and I don’t qualify for ‘no…
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Reconstituted CCA Barclaycard
Hi all, I've had PRA Group contact me about a debt they've purchased in my name from Barclaycard. I requested a copy of the CCA and have just received a response from PRA. They have attached a 'reconstituted copy' of the agreement and some statements dating back to March last year. The copy of the reconstituted agreement…
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Not sure if this is a default?
So as advised i have been ignoring my debts and awaiting defaults Not sure what actually constitutes a default, so taking one example from one card i have a Notice of default, followed 5 weeks later with a letter stating my ‘agreement has been terminated’ and my debt has been passed on the Moorcroft can i assume that is…
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DMP and lump sum payment advice
Advice please, we are in a DMP, my husband was in the forces and is getting a lump sum. We have lots of questions: Do we use this to pay off our DMP in full? Can we ask for a full and final settlement payment to be made? Would we do this independently? Which is best for credit as we will need to rent or buy a house in the…
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Limitation period: when does it start?
When does the six-year limitation period start for a debt covered the Consumer Credit Act? I'm in England. Some websites state it is six years from the date of the last payment (or other written acknowledgement of the debt). Some websites state it is six years from the date the default notice was issued. Can any of the…
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Formal letter of claim issued - What would be my next steps?
Hi, I'm very confused at the moment and was wondering if someone could help. I just received an email from the solicitors representing the credit card company I owe £14,000+ that a formal letter of claim has been issued. I lost my business earlier this year and earn nothing. I also have a 5 month old baby so I don't work…
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