Im in a big fat ugly money mess...

tbourner

dancingfairy wrote: »

Now bankruptcys, dmp's etc I'm fine with as people are trying to pay back what they owe and not run away. Maybe if enforceability was used as a defence to get the creditors to accept a sensible repayment or to stop them getting a ccj etc then I would understand but I get the feeling that people just want to get out of it all the easy way.

I sometimes think the same thing. I felt guilty about sending off the complaint for a PPI claim, I know I signed the form and I know I just want some money back! They've agreed to pay without argument though so I feel better.

GEEGEE8

You're fine with bankruptcy? Why?

I was made bankrupt and didn't pay a penny back, how is that any better than what the OP is doing? At least she is trying to repay some of the debt, and the unenforcability, well, I think the banks etc deserve all they get for taking so much and giving very little back.

Happytogetdebtfree

Not everyone is trying to get debts written off, but when people need help for genuine reasons they dont seem to want to help ...

MS_Kitten

dancingfairy wrote: »

With regards to getting debts written off like that - ie because of legal issues or because of the small print -I think it's a bit of a cop out. They lent you the money in good faith so I believe you should repay the money in good faith and not look for every little get out clause. O.K they've probably had their interest off you and they would look for every little detail to wriggle out of things but it just doesn't sit easy with me.
Now bankruptcys, dmp's etc I'm fine with as people are trying to pay back what they owe and not run away. Maybe if enforceability was used as a defence to get the creditors to accept a sensible repayment or to stop them getting a ccj etc then I would understand but I get the feeling that people just want to get out of it all the easy way.
Anyway - I'll stop hijacking your thread now Gemma - think you've had my point on enforceability.
Good Luck on your debt free journey.
df

Hi,

I agree, it is a cop out. At the end of the day i need to be a little selfish here and its not fair on Welcome Finance i agree. Im only asking Never-indoubt for advice as the CCA is completley blank. Just my & their sigs and a date. If there is a legal loophole that helps me get debt free in less than 10 years and i can get out of it I will and i know that makes me a bad person. Im sorry if you think bad of me .

Gem xx

Happytogetdebtfree

It does not make you a bad person !! now chin up

Smallfries

first of all, well done on facing it head on. i found myself 7.5k in debt 4 years ago and managed to get it down to 2k at the mo, once your arrears are paid then you will have spare cash from water arrears, thats how i tackled it, just when the extra came up, paid that off something else. its a long road but you will get there if you stick at it

MS_Kitten

Happytogetdebtfree wrote: »

It does not make you a bad person !! now chin up

:j :T :rotfl::)

You always know what to say xx

AnnieG

I think that financial institutions have to take some responsibility - so many people have been given loans, credit cards etc that they clearly would struggle to repay, the banks are really only missing out because of their willingness to take a gamble. I know that I was given much more credit than I ever should have been, and that I could ever properly pay back. I don't think it's a cop out on the part of the individual, I just think it's a terrible shame that people have been able to get into such debt in the first place.

Smallfries

MS_Kitten wrote: »

Hi,

I agree, it is a cop out. At the end of the day i need to be a little selfish here and its not fair on Welcome Finance i agree. Im only asking Never-indoubt for advice as the CCA is completley blank. Just my & their sigs and a date. If there is a legal loophole that helps me get debt free in less than 10 years and i can get out of it I will and i know that makes me a bad person. Im sorry if you think bad of me .

Gem xx

everything is fair on Welcome Finance.... they have used dirty tactics with me. they force ppl to have PPI when its not needed.
do what you need to, its your life and if it saves you stress then do it i say. ppl might not agree with me but look after number one:)

Happytogetdebtfree

people handle things differently ... some are not in a position to pay every debt back things have got unmanageable and if it means some debts are cleared well so be it ... places shouldnt charge so much intrest anyway robbing bleeders :P ive ust realised my debt was 2.5 k out lol never mind roll on pay day :P