We'd like to remind Forumites to please avoid political debate on the Forum. This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

advice please

Hi I had been paying a ccj for the last six years because the six years was up it was sold to to a debt colltion agency. I am still paying for it through an aoe order at £1 a month! The balance being £5500! I was just after a bit of advice if I should offer the company some money to close the account or just leave it as it is? I only have £450 that id be able to offer I know it isnt alot but If I carry on it will take me 37 years to pay that amount back monthly. Thanks in advance for any help and advice x

Comments

  • Rafter
    Rafter Posts: 3,850 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Call stepchange (the debt charity) or arrange an appointment with citizens advice. If you really can't afford to ever repay this debt then they can take you through your options.

    R.
    Smile :), it makes people wonder what you have been up to.
This discussion has been closed.
Meet your Ambassadors

Categories

  • All Categories
  • 347K Banking & Borrowing
  • 251.6K Reduce Debt & Boost Income
  • 451.7K Spending & Discounts
  • 239.3K Work, Benefits & Business
  • 615.1K Mortgages, Homes & Bills
  • 175K Life & Family
  • 252.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 15.1K Coronavirus Support 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.