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Recently defaulted- Need advice on next steps
Hi, all my debts have recently defaulted, and I have a few questions about the best strategy for a couple of them. First, I have an old (opened 2006) nationwide credit card. It defaulted last year, but I made a token payment last month. The account is currently being managed by ARC on nationwide’s behalf. Due to the…
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Being contacted about a default after 6 years
Hello, I have recently moved house and in the last few weeks started receiving letters from a debt collectors regarding a debt of £150 from an old credit card which I was unable to pay years ago. It had defaulted and I've checked my credit file it dropped off a few months back. Can they still chase me for this and what…
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Feeling Like It Is Starting to Spiral
Hi all I thought I would ask for some advice here as I feel like I am starting to lose control of my finances. I wouldn't say I am in massive debt. But heading there non the less. Maybe I am in denial. Maybe I just need to budget better. I am unsure. I have ready a good few posts on here and am trying to come understand…
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Not informed about default on file
Hi there. So a few years ago, I lived in a flat above a shop. I didn’t have access to my post or gas/electric meter. At the time, I disputed with British Gas about the amount I owed and I vaguely remember it being sorted. I’ve been trying to improve my credit score and just recently, this default has showed up from 4 years…
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Paying out more than I can afford
Hello, a newbie here i have been a complete fool, cost of living has kicked my bum, nursery fees, dropped hours in work has led me to take out loan after loan, credit card after credit card and now I’m paying out a lot more than I can afford and I’m riddled with anxiety, not sleeping and unable to talk to anyone about…
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At the end of my 2nd DMP
Good evening , my last post on this forum was on the ‘debt free roll of honour’ where I spoke about how I created my 6k of debt on a DMP: Lightbulb moment - January 2017 Debts at their highest - £6223.42 Debt-Free Date - 1st June 2020 Now, fast forward less than 2 years to March 2022 and I was back on a DMP for nearly…
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Breathing space query
So before I found this site with help I applied for a DMP with step change £300 a month and seems doable … they suggested I apply for breathing space which I have … my issue is … I haven’t told my family yet the mess I’m In… I’m working on that with advice from here and the DMP to be able to say … this is me … this is the…
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Do i start to pay now?
Stopped paying loans and CC’s 10 months ago. A few have now been sold on. Should i now start paying these ones? Plan was to pay minimal/token amount and continue to save in EF toward F&F. Starting to get a little anxious now about having not paid anything and dont want any further action, taken to court. Largest amount is…
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Virgin credit card defaulted sold to Capquest Advice
History CCA request to Capquest on 03.07.23 with a cheque for £1. Letter from Capquest undated received on 18.07.23 returning
cheque informing me a response to the content of my letter will be issued ASAP. Letter from Capquest dated 31.10.23 received on 09.11.23 informing
me they are working with Virgin money to get the…
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First default on reports
Well After just 4 missed payments messers m and s have defaulted me It's very wrong I know but I almost feel like celebrating I have 3 more accounts to default ..hopefully soon So what do I do next? I assume I wait to hear from whoever they sell the debt onto?
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Very old Restriction K help please
Hi, I've been tidying up my finances and cleared outstanding mortgage arrears with a view to remortgage or move. Thanks to advice across MSE I stumbled across the Charging Order myth thread. So just as a double check I went to Land registry to make sure I didn't have such things and was troubled and surprised to find out I…
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deleted
deleting post as circumstances have changed, will make a new one
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Lowells and statute barred debt
Hi all Lowells have been ringing me and sent me a letter for a statute barred (and disputed) debt of £34 from 2011 from EE They have just bought this debt so I rang them to remind them it was statute barred. I was then put through to an "expert". He claimed I had another debt with Barclaycard. I did have one, but it's from…
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Lowell debt collectors calling my mum
Hi. I racked-up some credit card debt a few years ago just trying to stay afloat. I wasn't living extravagantly or anything. Most of it was just paying off interest. I can't even remember how much it was. Anyway, I stopped paying it and I've kinda just been ignoring it for 4-5 years. Every now and then I get a letter or…
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Concerns about DMP, mounting debt and no idea how to get out of it
Hi there, Looking for some general advice regarding debts and DMP I am entering. Basically I contacted PayPlan and went through my budget and my main incomings/outgoings and they deduced that I could afford just over £300 a month to pay back debts. Which I was initially skeptical about as month on month I never have this…
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Irresponsible lending letters
Just in process of starting self managed DMP - but from advice here, letting all accounts default first before contacting and setting up an agreement for payment. I feel I have grounds for some lenders for irresponsible lending. When should I start sending those letters? Given the fact that I am essentially going AWOL them…
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Mortimer Clarke - CCJ (I have tried the other threads)
Hi. Wondering if anyone can help. I received a letter from Mortimer Clarke in December last year claiming I owed them over £2k. I wrote back (without signing the letter) asking who they were and what debt they were chasing. After much to and fro-ing they claimed the deb was for Black Horse (taken out 18/06/2002 and…
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Resolve Call Visit
I had someone call at my door today and they posted a notice through the letterbox saying I have an outstanding debt and to contact them. I was bankrupted in 2002, discharged in 2006 and have not missed a payment on anything in over 15 years. My credit score is in the excellent band. What should I do- ignore them?
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CCA and DMP
Tried to add this to one of my other threads but didn't realise its a long time since i added anything to them. So basically I have informed Pay Plan that I wish to manage my own DMP. I have 11 creditors my DMP has been ongoing since 2006. 3 are CCJS,2 are enforceable the other 6 say they cannot provide any paperwork so I…
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Tesco Bank automatically cancels Direct Debit whilst on Breathing Space
Just a warning to others, I had applied for breathing space via Stepchange. I wanted to as far as possible try to protect my credit file whilst on breathing space, and had believed that I should still maintain minimum payments were possible and had aimed to do this. All other creditors had collected (a reduced) minimum…
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