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HMRC debt
I owe approximately 20k to HMRC in unpaid tax from the covid period, i was paying this down on a monthly instalment plan until the middle of last year when it became simply impossible to continue-point is there was regular movement on the debt until relatively recently it has been ominously quiet since, the occasional…
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Help - Cabot and Mortimer Clarke Solictors
I hope someone can help. In 2005, I took out a credit card with Lloyds TSB. Due to a change in financial income, I stopped paying Lloyds in 2014. Stupidly, after getting numerous threatening letters by Cabot, I paid them a nominal £5 a month from 2017 until around May 2020 when I ceased payments. So it’s not statute…
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Steps Before Starting a DMP
Long time lurker here finally taking the first step towards pulling my head out of the sand and facing up to the hole I find myself in... In the past four years I have accumulated around £18k in credit card debt as a result of poor budgeting during a house purchase, 2 maternity leaves and loss of income due to reducing my…
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Realised partner is not on council tax
I’m really just wanting some advice on what to do. I’m really ill about this and am barely sleeping/ eating. I come to do my usual ‘spring clean’ which is usually looking at bills, making sure everything in order. Everything was fine until I come across the council tax bill. From February 2023, up until now I have been…
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Debt Collector help / advice needed
Hi all Need some advice or help with a debt collector agency, Lowells / Overdales solicitors (which is really Lowells) / and now also engage Services Over two years ago (2022) I started getting numerous letters from Lowells saying I owed some debts I ignored the letters at first due to not knowing anything about the debts…
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CPA refund from bank
Hello all, I’ve been a lurker for a while but finally decided to make an account! This is a bit of read so I apologise in advance. So… I ended up in a bit of a bad way with payday loans and I’m in the process of starting with StepChange. I contacted my bank on the 3rd of April to cancel the CPA’s to the two payday lenders.…
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Temp switch to IO on mortgage to clear debt?
Just wanted to run this past you lot. An idea I had as an alternative way to clear some residual debt. Please pick holes in the plan, as always your feedback and guidance is valuable. I had posted on anoher board but feel this is better placed here for more concentrated advice. My current mortgage situation- house value…
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Very - Home shopping
Looking for some advise! We’ve had a dispute with Very over interest charges applied on a buy now pay later order which they extended payment date of in 2021. As part of the dispute we submitted a data subject request and found out that the account was not in my husband’s legal name. The account is in the first name he…
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Which option is best for me?
Hi, I am looking for some advice about which debt solution would be right for me and been going round in circles since October. I am in default on all but PayPal and loan has gone to DC who I haven’t yet contacted. I have ADHD and have struggled to manage money and debt all of my life. I have posted my SoA below. I am…
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How to improve credit rating after paying off a DMP
Hi all Has anyone recently paid off their DMP? I paid mine off in Feb 2023. I have one Credit Card which i pay off in full every month. Which is the best way to improve my Credit Rating? Thanks
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Lightbulb moment - but now queries.....
Hi Everyone! I had my lightbulb moment about a month ago. Already stopped DD's and any payments. With the exception of 1. I have a loan through Salary Finance which comes out of my pay before i receive it. Any idea what to do about this? I work in Financial Services so I don't think it will look good from a work…
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First default letter, what next?
I posted a few months and got some excellent advice. I have various credit cards and loans outstanding and have been ‘non-paying’ for a few months awaiting the default letters the first notice has appeared, obviously demanding the full amount. What happens next? Do i contact them and make a payment plan or wait until it’s…
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Stepchange setting up a DMP, is this for the best?
Hi, I have debts with multiple creditors which equal around £9000. None of these accounts have defaulted, and I pay them all off monthly, I pay a reduced amount on 4 of these accounts and the interest is frozen on them since Nov 2023 as I was struggling to make the payments. I am still struggling greatly to make all of…
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Letter from Ernest Wilson
I have received a letter today from Ernest Wilson for an apparent debt from 2001 with a ccj in March 2002 (that I knew nothing about) demanding that this debt is settled. " We intend to apply to court to enforce the judgement as this will incur further costs, I am writing to you to provide an opportunity to pay the sum of…
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How to pay off my credit cards in smart way?
Hi All, I have three active credit cards in use at the moment. All 0% on purchased already finished so I am paying off crazy money on the top of the minimum payments :( I have Barclaycard with balance £2400, MBNA with balance £4800 and Virgin with balance £5000. I very doubt I will get 0% balance transfer with the amount…
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Help. I am completely at a loss on how to make a purchase and which credit card to use..
I would like to make a purchase of a car, which is about 30k. I have the money already available with some shares, savings etc. but would rather not take it out all in one go, so essentially I could buy it in cash... BUT.. I was wondering how best to pay for the car. Ideally i'd like to use an airmiles credit card, so one…
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Help for debt in scotland please
Looking for help and advice for a friend that has got into debt with bank loan and credit cards. Some of these passed to collection agencies. Think total about 15k. Not always in work and lives with parents. Cant see a way out and affecting mental health. Have read better not to do arranged payments through stepchange etc…
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Capquest
Hoping someone can help me! I received a letter from resolvecall a few weeks back regarding an outstanding balance of over three thousand pounds. This was apparently taken out about ten years ago and have heard nothing from them, fyi I don’t remember this or not sure if my ex partner did it! He did leave me with lots of…
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Setting up DMP
Dear All, I am in serious debt of around £40k for CC and unsecured loan and struggling to pay, I tried the StepChange budget and it is showing I cay pay around £200 a month, so it will take more then 10 years to clear, I have few questions which I believe I can get better answers here then from SC, * I read here I should…
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Historic Debt pre 2006 'statute barred'
Hello there, I have come home from work today to a letter, which contained 2 letters. 1 from a company called Intrum and the other called Resolvecall. Now I have never heard from either of these companies. On opening this letter it regarding a Debt for £4643.21 regarding a Halifax account, no account number just a…
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