📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Article discussion. Debt problems: Where to start and what to do.

Options
2»

Comments

  • fermi
    fermi Posts: 40,542 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Rampant Recycler
    johannabartley wrote: »
    I wonder how come some banks are still doing their businesses after having some major complaints from their clients. A friend of mine asked for a ten year loan and got a mortgage on his house. He also had a credit card with the same bank but he never used it. A small technicality almost made him loose his house. The bank wanted to take his house for having an unpaid tax for his card. Some annual account maintaining tax.

    That post makes no sense, and the link in your signature is :spam:
    Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB

    IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed
  • boredofbeingathome
    boredofbeingathome Posts: 15,657 Forumite
    YEP, definately spam
    Blackadder: Am I jumping the gun, Baldrick, or are the words 'I have a cunning plan' marching with ill-deserved confidence in the direction of this conversation?
    Still lurking around with a hope of some salvation:cool:
  • tigerfeet2006
    tigerfeet2006 Posts: 14,030 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Yeah! I reported it to abuse earlier :D
    BSCno.87
    The only stupid question is an unasked one
    Loving life as a Kernow Hippy
  • Flylady_Flower
    Flylady_Flower Posts: 2,855 Forumite
    1,000 Posts Combo Breaker
    MSE_Martin wrote: »
    This thread relates to the updated Debt Problems Guide & Video Guide

    To discuss or ask a question about this article click reply.

    Hi,
    I may be doing this totally wrong (and I know I should know better as I have been here a while now :) ) but I have tried searching and still cannot find out how to do an SOA (statement of affairs) that you mention in the guide above. I have done a budget, but wonder if I need to do an SOA and how I go about it?
    Many thanks, and sorry if the answer is easy, I just can't seem to see it.
    LBM April 2013 - £29,000.00
    Vanquis CC's PAID - Debenhams SC PAID - A+L OD PAID - Asda CC £783.75
    Barclaycard CC £1400.78 - BoS CC PAID - Freemans Cat PAID
    F/D Loan & CC £1458.96 - Santander Loan PAID - Mum Loan PAID
    RBS OD PAID - F/D OD £1026.52
    Weekly Grocery Challenge - £95.00 budget / spend £-
  • jenchin66
    jenchin66 Posts: 648 Forumite
    Flylady, look at the 4th thread from the top of the debt discussion board, about half way down the post, it says "Click here" that should take you directly to the SOA calculator
    Pad, started 28.11.08 running total £3674.91:T
    Sealed pot challenge member 346:T
  • Flylady_Flower
    Flylady_Flower Posts: 2,855 Forumite
    1,000 Posts Combo Breaker
    jenchin66 wrote: »
    Flylady, look at the 4th thread from the top of the debt discussion board, about half way down the post, it says "Click here" that should take you directly to the SOA calculator

    Thanks for this, and I apologise in advance, but where is the debt discussion board? (how thick am I, I just can't seem to find it?) from what I have just searched, this is what I came up with, is this it? http://www.makesenseofcards.com/soacalc.html it looks good to me... ;)
    Again, thanks for the help. :A
    LBM April 2013 - £29,000.00
    Vanquis CC's PAID - Debenhams SC PAID - A+L OD PAID - Asda CC £783.75
    Barclaycard CC £1400.78 - BoS CC PAID - Freemans Cat PAID
    F/D Loan & CC £1458.96 - Santander Loan PAID - Mum Loan PAID
    RBS OD PAID - F/D OD £1026.52
    Weekly Grocery Challenge - £95.00 budget / spend £-
  • corrybe
    corrybe Posts: 1 Newbie
    can anyone help me i am getting debt letters from orange its going to go to court i have never had a phone from orange
  • Wol2
    Wol2 Posts: 3,845 Forumite
    Part of the Furniture Combo Breaker
    corrybe wrote: »
    can anyone help me i am getting debt letters from orange its going to go to court i have never had a phone from orange

    HI corrybe

    As said before further up this thread.....best to start a new thread with this question...that way peeps on the board can help offer their advice.

    To start a new thread on the DFW board., click here:

    http://forums.moneysavingexpert.com/newthread.html?do=newthread&f=76

    Good luck
    Wol2
    xxx
    Flooded 20/07/07 :(.
    Normal service FINALLY RESUMED 31/07/10 :j:j
    " It is a mistake to think you can solve any major problems just with potatoes." Douglas Adams...."or the FOS" Wol2
    Numptie groupie #2 :cool:
     Mortgage offset drawdown [STRIKE]£60861[/STRIKE]:(.... [STRIKE]£60074[/STRIKE] [STRIKE]£59967[/STRIKE] £65k 'ish 1/6/14

  • tealady
    tealady Posts: 3,850 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Mortgage-free Glee!
    Hi I think the article is very clear and for anyone who is panicking it seems to be in a logical order.
    Thanks to whoever at MSE towers
    wrote this.
    Find out who you are and do that on purpose (thanks to Owain Wyn Jones quoting Dolly Parton)
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.1K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599.1K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture