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CCA Template
I have had a search but I cannot see a CCA template letter on the forum. Does one exist or perhaps a link to the best one to use. Thanks all
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Advice please
Hi all, I'm just looking for some advice. I have Autism, depression and anxiety. Due to cost of living rises, and erratic and impulsive behaviour, I have found myself in some debt. I previously had a DMP with stepchange which worked well, and a family member ended up doing partial settlements for me to settle those. My…
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PS&P - Historical Debt
Although I have heard about this forum I have never posted anything before so apologies iof I am in the wrong forum. Today I got a letter that when I first opened thought It was a premium bond win. I then saw it was from a debt collection agency PS&P. It said to contact them within seven dates of the date which was the 6th…
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Life after bankruptcy
First time posting her ... hello! In 2022 I had to declare bankruptcy after my business failed. I had personal loans and credit cards which I'd used for the business. I'm still so ashamed that I had to declare bankruptcy. I did not have any ongoing payments to make as I was unemployed, with no chance of earning due to 18…
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Defaulted credit card and mortgage with same lender
I am close to defaulting on a credit card with Virgin who my current mortgage is also with. Anyone have any idea how this may impact me?
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Loan to pay HMRC
Hi all. I am overdue £49k income tax. I am due other debts and am on a payment plan to RBS. They have placed default on my credit file - credit score is around 535. I need to get a loan to pay off as much of the £49k as possible asap. I earn £110k, my wife £125k. I am 50 years old. I have c.45k equity in property - £370k…
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Section 77 Discrepancy
Hi, We have made a section 77 request for an old debt my wife is being chased for via a debt collection agency. They have sent a copy of the original signed agreement where you can see some of the terms on there but not all of them as it is just 1 page of the agreement and very small, so we requested the full terms, which…
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Debt Write off and Redundancy -
hi all, has anyone had any luck with getting debts written off due to job loss? We've been informed that our business is closing in at the end of the month. Haven't worked there long enough for any decent payout and am in panic mode right now as there's still a considerable amount of debt against me. I'm looking for jobs…
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Average spend expected by creditors per household
Hello. I'm currently paying off a few debts and am looking to submit a payment review to my creditors soon. Does anyone know where I can get information on what they would expect to see in terms of average spend for my household in 2024? Prices have changed and seem incredibly unstable in so many areas so I'm really not…
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It this Unenforceable
I have “recently” received a letter from PRA who I had been
studiously ignoring for some time, however I called them back and said I didn’t
recognise the debt and asked for details. They put it on hold until 17th of March and this
letter arrived... After the obligatory panic period it slowly dawned on me
that this may be…
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Looking for some advice how to proceed
Up until now I have had no issue paying my debts however I will admit i have been living beyond my means. I have came to the realisation that I need to change my life completely. However about six week ago I was involved in an accident in my van which was my fault. The van slid on black ice and I hit a car oncoming. I am a…
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Settling My DMP but worried as I took out additional debt without telling them
Hi I have recently received a large inheritance from my late father. I contacted Stepchange to pay off my DMP balance with a lump sum. The sum has been paid, and showing in my payments, but my balance remains the same. As this is a large-ish sum, they are asking for evidence of where the sums came from them, such as my…
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Husband's name used by son to guarantee a loan
Hello, looking for help please. A debt recovery company are chasing my husband for loan repayments totalling £15000. This was apparently a loan taken out by our son in which he used my husband's name as a guarantor. My son has not paid anything back and now we are being threatened with court proceedings. We have asked for…
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change bank account
Hi, i have cancelled all my direct debits in the hope of arranging repayment plans with my creditors. I know that its advised you should change bank account if you have any debt with your current bank. I only have a small amount of debt with them and had planned just to pay this off so i didnt need to change banks,…
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Lowell Portfolio County Court Judgement at Previous Address! Also not the creditor!
Hi All. I have only this month learned of a county court judgement which is showing on my ClearScore Credit file I have never dealt with Lowell and there is a county court judgement of £426. I called the court to find out the information. How can a third party take someone to court since they are not the creditor? On the…
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Pension and debt
Hello. Does anyone know if I'm allowed to make private contributions towards my pension plan if I am still paying off a large debt? At the moment I only have a workplace pension which isn't even close to enough for when I retire in about 20 years. Thank you :)
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Late Payments vs Default?
My wife has a loan that she’s fallen behind with and we are trying to work out the best way forward. Circumstances towards the end of last year caused her to fall 3 months behind on her repayments but as things have improved since, she’s now making her contractual payments again, plus a little extra to chip away at the…
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Partner come clean about credit card debt, I'm a novice.
First post here, appreciate any help in advance. My partner has come clean to having around £10,000 credit card debt, £2500 catalogue debt, £4000 left on a loan and every month hitting her £1800 overdraft limit. I completely accept her reasons for being in this position and want to help but I have no experience with credit…
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Debt Settlement and credit score
Hi. If I offer a full and final payment to my creditors and the accept; have the remaining debt written of, how long does this stay on my credit file?
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DRO Fee - Change in budget
Just been announced that the fee for obtaining a DRO is to be scrapped. Excellent news!
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Most recent: Starting the journey...the road is currently bumpy. by kimwp
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