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Stepchange help
Hi everyone,
I have a couple of questions before finalising my dmp with Stepchange.
I have now had 2 of 6 accounts default. Do I still continue to not pay until they all have?
Also I have a joint account with my ex that joint bills come out of. Do I need to get rid of this? Existing mortgage comes out of this account and it is with Barclays and has a £3000 overdraft.
The mortgage is due to renew in January. He will be staying on the mortgage even though he no longer lives here as I will not be able to afford this on my own if he comes off of it. Will we still be able to renew ok?
My main bank is with Santander and has a £500 overdraft. Do I need to clear this and move bank?
sorry for all the questions, just very nervous about moving forward with worry about the house now separated and how this will affect myself and my daughters going forward 😞
Comments
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Mortgage will just be able to move onto new fix with current provider no problem. I’ve just done it and did it all online
DFW info LBM: March 26
Total 03/26 69,481
"You put one foot in front of the other and one day you look back and see that you have climbed a mountain" Ready for the climb.💪
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Never bank where you owe money, is the standard advice when entering debt management.
The bank has the right of "set off" against any funds you may hold in your own name, in any other bank account within that banking group.
If you don`t owe them money than its fine to keep using it.
I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter0
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