Debt-free wannabe

Hello there, I am a bit stuck on what to do. I owe around £30k to debt. I am a homeowner and do have money in (our) property. However, I cannot get to it because we also have a £75,000 Help To Buy loan on it. If I start a Debt Management Plan I can't buy out the £75k. If I don't buy it out I can't take out any of the money…

Hello everyone, I have an issue around a letter of claim that I'd like your help on please. I've had a few letters from BW Legal on the behalf of JC International Acquisition claiming that I owe them just shy of £500 for a debt that I owe to Sky UK Limited. Before we get too far into this I just want to say I've never had…

Hi all, Firstly thank you for taking the time to read this. I have followed the steps on a DIY plan, so far I have cancelled the direct debits for the loans and credit cards to stop all payments. Based on recommendations I have ignored calls other than to state I want everything in writing and no more calls. I have had…

Hi all, I am approaching the 6-year mark (thankfully), but the company, Lowell, appears to be attempting to reapply the default to my credit file. From reading, I understand that once an initial default has been entered onto a credit file, it cannot be re-entered or reapplied but I am concerned this is a loophole that some…

I suspect the answer may be “the truth”, but I’m putting off trying to get through by phone to SC as I think I might be dissuaded from my plan! DMP first payment was April and I paused it in May. Affordability complaint with Financial Ombudsman for 4 NatWest accounts, all passed to Moorcroft and I don’t want to pay…

Hi - My sister has sent many CCA letters and some have come back saying no info can be provided so she has stopped paying (took a lot of persuasion to convince her it was ok to do this!). She has a debt with Lowell and shortly after she sent the letter (about 2 months ago) they wrote saying they have asked Creation…

Hi everyone, This forum is fantastic, I have had a read through several threads as I'm trying to decide what's best to do in my situation and it's given me lots to think about. I have £38,000 debt in total which is 6 credit cards and 6 unsecured loans. I've not missed any payments on any of these accounts and have no…

I'm not sure my best course of action? We moved to Bulgaria two and a half years ago when my job finished in the UK. We'd previously bought a cheap house (£7000) in Bulgaria with the intention of retiring there. I'm now 60, so a few years off yet. We didn't have a house in the UK as I was a farmer manager and we lived in a…

I have a CCJ from a £299 parking ticket in issued on 20/05/2021. I settled this CCJ in 2022 after a dispute process. I won't get into the details of the dispute but it was quite unfair in my opinion... During my house search, I realised my CCJ was marked unsettled. However this was wrong. I reached out to the claimant in…

Hi I’m 36k in debt I have spoke to step change they have suggested a dmp can anyone advise what’s the best way should I go with dmp or not thank you 

Good day I am hoping for some wisdom from someone - otherwise we will have to defend in court against Mortimer Clarke Solicitors This is situation: * We have been on a DMP with Step Change - it has gone well and we have 3 payments left to clear all our debt. It has taken 4 years to pay off all our debt. * One debt was…

Good morning, I hope everyone is well. I do have a bit of a tricky situation and don't really know where I stand legally. I am German, but do live in the UK for several years. A few years ago I have signed up on a German website for dog breeders, which offers a Premium membership, which I had for the last 3 years. A few…

Hey guys, so I asked Mortimer Clarke for proof of debt ownership using the prove-it letter provided on here & they sent the debt back to Cabot financial immediately without providing any proof. Does that mean they can’t provide it? Or do I now need to do the same to Cabot? I have other debts with other companies also,…

Hi all, I am new to the forum, and looking for some advice. I think I may have made a massive error, I received a letter from ACI concerning a credit card debt from TSB. It is from 2010ish and this is the first I have heard from anyone about it in approx 8 years. I have never replied or contacted anybody ever about it. I…

Hi, A messy situation, but I'll keep this as concise as possible, as I respect and value the help you guys provide. I would appreciate your help please. Having gone through financial failure/divorce, loss of child, loss of job, severe depression, had to walk away from the UK in 2018 and moved abroad (South America)…

Hey, dont know if anyone can help me please. I have an Audi q2 which I have fallen behind on payments with vwfs - ive missed a total of 10 payments from since march last year due to changes in circumstances. Ive had the car since feb 2022 and contract ends march 2026 Im currently working with step change to get my debts…

I have had loads of letters, emails, texts and phone calls from Lowell since November 2024, regarding an old credit card debt The last payment on the account was Sept 2018 . I replied saying the debt is statute barred, however, they are saying it is NOT statute barred as the original lender issued a default notice in Sept…

Hi all, After following the excellent advice on this forum regarding non-payment of unsecured debts to force a default, I am now at the stage where letters have started arriving from Debt Purchasing Companies. Originally, I had 10 creditors with a combined total debt of approximately £50k which have all slowly fell into…

Due to burying my head in the sand about loan repayments after losing my job I have missed 3 loan payments. I have received a letter from M&S about this debt being transferred to Wescot, and now I have had their first letter. They are wanting full repayment of £1,800, which I cannot afford straight away. How do I approach…

Hi I have been waiting for my debts to default so that I can look at putting a self managed DMP together. One of my debts, which was 118Money was sold to Lantern, who have now instructed Moriarty Law to start proceedings. I have received what looks to be a letter before claim with a reply form I have to return in 30 days.…