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Virgin CC Debt and Default
Hi, just after a bit of advice regarding Virgin credit card. I stopped paying around 9 months ago and they went through all the standard missed payment letters etc. I then got contacted by Capquest who asked me to set up an account. I checked my credit file but Virgin seems to have totally disappeared. Its not there under…
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MBNA Payment cleared a day late HELP!
hi, wondering if anyone has any experience - my husbands MBNA standing order is showing as cleared to them today but the due date was yesterday, does this automatically mean he's going to lose the 0% interest rate offer he has? This has never happened before!
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Credit card Advice
Hi Guys, Not sure if I have created the thread in the correct forum. However, I need some help/advice with regards to my outstanding credit card debt. I have the following cards Name Amount Owed Limit Card % MBNA 1 £1,375.86 £1,400.00 12.02% MBNA 2 £4,320.14 £6,500.00 33.49% Santander £3,192.12 £3,400.00 Interest Free…
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Intrum chasing 8 year old ccj
Had a letter today from the lovely folk at Intrum. They mention a judgment that was obtained against me in 2015 and that they are considering enforcing the debt. Obviously they are hoping I’ll panic and make contact with them but am I right in my understanding that there’s not a cat in hells chance of them being able to…
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Newbie dealing with PRA.
Hi, I have ended up with a signifcant debt on a CC which has been handed to PRA. I have requested bank statements from the issuer of the CC, and after many months I am told that they are on their way to me. I should say that the debt arose after some misuse by a family member. I am reluctant to pay off the full hit, as it…
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PRA CCA request received Advise Please
I've sent CCA request to PRA on
29.3.23, received acknowledgement on 4.4.23 On 1.5.23 I received a letter
stating "we have currently deemed this debt as unenforceable" with
copies of: 1. Letter from Barclaycard informing reconstituted copy of CCA 2. Historic terms and conditions 3. Varied terms and conditions 4. Short form…
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Mortgage shortfall after 12 years
Hi. Does anyone know about the Limitations Act that says a creditor cannot chase payments on a mortgage shortfall after 12 years? I've come across it today but not sure how it works. My ex and I are still paying off a mortgage shortfall ( small amounts ) and it will be 12 years in March next year but we are getting no…
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HELP!!!!!!
Hi, looking for best way forward to sort out growing debt, so here goes. A long story which I will try to condense. Two years ago I ruptured my right Achilles tendon. Lots of sickness absence from work (NHS Nurse). Finally had op to repair it in April of this year. Returned to work on phased return last week (I was off…
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charging order
Hello and thanks for taking the time to help with my nightmare my home was repossessed last nov house was sold in may this year after repaying mortgage company it left me with just over £100.000. now a solicitor has a hold of my funds until a few debts on the property are paid off i owe just under £3000 to my local council…
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Chasing Debt Never Taken Out
Hi Everyone, One of my elderly neighbours, in his late 60's has been contacted by both lowells and moorcroft chasing outstanding debts for two mobile phone contracts, hes worked hard all his life, never took out the contracts and has no idea what is happening, ive said to him ill help him out, does anyone know how to move…
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DMP and car repairs
Hi, I am 18 months into a DMP with PayPlan. I have just borrowed a substantial amount of money from my son to pay a car repair bill. I need the car for work. I have emailed PayPlan and told them I have cancelled my DMP for 3 months and will make token payments in this 3 months. Will this be acceptable? There was no room in…
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Drowning - What Can I Do?
Hey, Hope everyone is having a great week so far, I’m hoping to be able to get some support/advice on my current situation and what I can do (if anything) to stop drowning/treading water each month. Currently my monthly outgoings are equal to my income, I pay all of my creditors and bills without missing/late/defaulting…
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What to pay into first?
I'm about to receive an inheritance of £24,500 cash, and I'm wondering what would be the best use of this money. I have a personal bank loan balance of £22,300, which I can settle early in full without penalties for £17,400 (saving the remaining interest at 11.3% APR). This seems like the most immediately impactful option…
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Partial Settlement
I am writing to my creditors to offer partial settlements on several debts . How much detail should I go into in the letter? Basically I have had to take on exs debts as part of divorce. He refused to work and left me paying his debts as well as my own. Some are against the house. There is a non-molestation in place. The…
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Would you sell property to clear debts?
Hi all I know this might seem like a personal decision but I think it's always handy to hear other peoples opinions. My husband has a property that he rents out. We live together in my property. These have been kept separately. I don't want to get into the whole if we divorce business as hopefully it'll never happen. He…
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Fixed term mortgage due - 20k debt - Is it worth securing against the house
I know as a standard thing this will be frowned upon instantly but I'm going to ask anyway so I can read the rationale from people and make my own decision. 5 years ago we bought our first house by stretching and took on 10k debt, the debt never really came down and we sold that house and bought a much bigger house again…
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Do I do a DMP
Hi everyone, Everyone helped so much when I was looking to buy my house, which i did! yay! although I am scared I am going to lose it.... I really need some help if anyone can, Its bank holiday and no debt charities are open and all direct debits are due out tomorrow and I am debating a DMP and wow my head is going round…
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Lowell cannot produce CCA
Hi all, I recently asked Lowell to provide a CCA for a debt owed to Sky TV. This is the response I received. I understand that you are requesting documents regarding to this account. Due to the age of the account, we are unable to request these documents from the original creditor. If you want a copy of all the information…
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Community Interest Company
Hi, My wife and I have been in contact with Pay Plan and it looks like we are either going onto a debt management plan or IVA. My question is, a group of us are looking to set up a community interest company for some volunteering we do, would a DMP or IVA prevent me from being a Director of the company? Would it fall under…
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Lantern/Quickquid advice
Hi all, I received a settlement claim amount last year from Euronet/QuickQuid - all fine, done. The account is no longer on my credit file (was a 2013 debt), and I thought was all sorted. I’ve just received an email from Lantern requesting the balance of the debt - and “if you don’t contact us within 7 days from the date…
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