Debt-free wannabe

Since getting my inheritance i've made a massive effort in regards to getting my debts under control. I've paid off £35,000 worth of debt and have the pictured remaining. Ive managed to get two natwest credit cards with excellent promotional offers and would like to know what the best next step is. Im thinking of. Im…

Hi all I am really new to this I’ve managed to rack up some significant debt (loans) and now feel I’m in trouble. i’ve read lots of threads on here and I feel relieved I’m not alone even though I felt so isolated. I was looking into getting a DMP, but then see threads saying that you should let your accounts default first,…

I have been reading through all the DMP posts and I see someone asked should they max all their credit before starting their DMP so they have a large emergency fund and can make full and final offers? Is this a route anyone takes? How early in could you make full and final offers? If you have a little lump sum available…

Hi all, My dad recently received a letter from Wright Hassall about a balance of £5,368 owed to Cabot Financial. Although my dad wasn't very responsible with his credit, I don't recall him incurring this kind of debt so I was minded to request more information on this. However, when I logged in to the WH portal, it showed…

I have a charging order on my property for £2666 There is no named liquidator to contact and the company is dissolved. I applied to the court to have they charge removed they have sated they can not because it has not been settled I need to contact land registry who have stated they also cannot as it has not been settled.…

So after being advised by Stepchange that a DRO is the right choice my husband and I are going through the process individually with Money Wellness and I have to say that so far we are not at all impressed! It's all done online, which is expected nowadays I suppose however it is the most confusing system and when you try…

I'm just looking for some advice. I had a debt showing on my credit report with Creation that was sold to Lowells with a default date 19/08/2018 this became statute barred in September this year and has dropped off my credit report. But now its showing back on my credit report back with Creation with a new default date of…

During 2006-2024 I was on sickness benefit and unable to work due to a long-term illness diagnosed early 2006. Since the beginning of this year my health improved after a change in meds/ lifestyle. I started working again in July part time (approx 12 hours a week) and I recently moved on to Universal Credit. I'm in a lot…

I did post this on the Legal Beagles forum but have had no replies, so I thought i'd pick the cranial collective here :-) NewDay applied a default to my credit file with an incorrect date. This complaint went through to the Financial Ombudsman who agreed with me that the default should have been applied in March of 2018,…

Hey everyone, I am new to this forum so any help or advice will be more than appreciated. My wife and I have got ourselves into debt (just short of £50K) on cards and really struggle to make it all meet each month. We have not faulted yet but are currently getting deeper. Some personal changes are due (me a pay rise in…

I phoned the current owners of 2 unsatisfied CCJs from over 10 years ago hoping to settle at 10%. I had not heard from these people for several years. I have not made payments for over 10 years, if at all since the CCJ was issued as I had no income at the time. My offers of 10% were refused. I can understand that. I need…

I have recently had a default put on my credit report from marbles and possibly have another from hsbc next month, I called vanquish to today to try stop another default as my score has dropped from 900 to 233 with only one default so far so it’s wiped out everything I built up which isn’t great. What’s the best thing for…

Can any offer advice/knowledge? I have defaults that have dropped off my credit score. I’m in the process of filling out the financial section for security clearance for work. I really don’t know if I should mention these debts (as I’m still paying towards a couple but they no longer show on the credit file) or not. The…

Hi there, I'm wondering if anyone can clarify whether a debt can be owed both by a limited company and by an individual simultaneously. I ask this because I took out a loan under my limited company several years ago which had a personal guarantee. The business ran into trouble and was unable to keep up the contractual…

Hi everyone, nervous newbie here. I was googling debt advice and came across this link and thought how nice it would be to hear stories of people who are in a similar situation to me, as often my debt journey feels incredibly lonely and isolating! I’m a married mum of three and my husband and I are currently in (inward…

Lots of posts here from people who want to get to grips with their problem and well done to them for making a start. I'm not in debt, I'm lucky, but I do wonder what happens eventually to the people who DON'T ask for help, just keep struggling on, making minimum payments, missing payments etc,? If they have an interest…

Hello 👋 really nervous to post but hoping for some advice please. I'm in a lot of credit card debt (£27k-ish across multiple cards). I've been in credit card debt before but never anywhere near this much - I had it down to around 5k pre-pandemic so more manageable, but a combination of poor mental health (which is ongoing,…

Hello everyone, I am sure this has been asked before but its now happened to me and I would love some guidance and reassurance. My previous relationship has resulted in a divorce, which happened 5 years ago. We are living in separate countries now. I was out of this country for a short while and am now at the lovely age of…

Hello, I have a letter for Lendable that says they will make a personal visit to my home to get back in touch with me. I had stopped paying the monthly amounts and not contacted them at all, hoping they would default first before I could tell them my situation. I'm thinking I write to them with my situation at this stage -…

Hi all, I’m reaching out for some advice regarding a situation I’m facing with a debt collector (Opus). They’ve been chasing me over an old debt that they’ve already acknowledged as statute-barred, meaning legally they shouldn’t be able to pursue it. However, despite this, they’ve been leaving voicemail messages on the…