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Overdales CCJ issued advice
I’m looking for some advice regarding a situation with Overdales that’s now escalated to a CCJ. The original debt was around £1,800. I made an initial offer to settle at £900 (which I felt was reasonable given my circumstances). They came back with a counteroffer of 70%, but they refused to negotiate beyond that point.…
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Super scared about my debt options
Hello, First time posting, have been reading these forums late into the night to try and work out what I’m going to do. I have about 38,000 worth of debt which has been accumulating for about 10 years. I’ve never missed a payment on my 1 loan and 4 credit cards but because I can’t access any more credit, I am paying large…
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Received first default notice
Received my first default notice though the post for a Zopa loan. It says lender for this agreement is Plata Finance ltd (formerly Zopa ltd) which is news to me. No mention of Plata in credit agreement. Do I need to do anything at this stage? It’s given me a deadline of beginning of May to pay arrears (which obviously I…
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Self-managed DMP
So, I've decided a self-managed DMP is for me - 10 creditors, mostly credit cards - £45k. I've done a budget through business debtline, but they have no availability for speaking to me and then referring to stepchange, for the next month. So - as I understand it… Cancel all Direct Debits - done Don't pay until I receive…
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Debt write off due to serious mental health - any success stories?
Hi. I'll start by saying, I'm not looking for any medical advice, as I have a full psychiatric team assisting me… Six years ago my mental health deteriorated, ending in me getting divorced and eventually being signed off work. After the divorce, I was left with the family unsecured debts (which were all in my name) of…
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DMP own ran- settlement advice
hi all lowell have sent me a few letters now to say they have given me a 2k discount so only need to pay 1k to write it off Should I do this or keep paying my payements? Says something about if pay early can affect credit score more? Thanks in advance
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Lowell threatening with 4 months until statute barred
I defaulted on a credit card in July 2020. Lowell have bought the debt and have been ringing, texting and sending letters. Today I got a letter saying if I don’t get in touch by 1st April they will send a field agent to my address. How likely is it that they’ll do this with 4 months until it’s statue barred please? What is…
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Self managed DMP starting now
hello, I’ve been reading a lot on this website past week. I have found it inspiring and wanted to start that journey of my own to being debt free. Happy Good Friday. Just to start of first with some questions! a few DD has already been taken to pay some credit cards, as I wasn’t ready to do my DMP yet until a few days ago.…
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Debt Management Plan and Creditor Payments
Hi all. I’m about to enter a DMP with Step Change who are amazing by the way. Long story short is that I had to take early retirement due to a health condition and this has led to some financial difficulties. My question is about payment offers to my creditors. There is one creditor who is being offered significantly more…
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Back again - 15 years later
I posted here frequently many many years ago before I got married in my 20s with my first brush with debt, since then I’ve got married, had children, got divorced and even got on the properly ladder (all by myself I might add) I’ve had ups and downs financially but mostly kept myself afloat. I am now in my 40s and I’m…
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Is this CCJ - should I pay or ignore ?
Hi all, need urgent advice. Claimant: Euro Car Parks Limited Solicitors: DCB Legal Ltd Amount: £295.84 Judgment date: 19 March 2026 Entered: in default Timeline: Received parking charge ~2 years ago Appealed → rejected DCB Legal chased repeatedly, I ignored believing the charge was wrong Never responded to the court claim…
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No debt, but repeated calls from Cabot Financial
I've been totally debt-free for 5 years, no mortgage, all cards and loans legitimately paid off. For as long as I can remember, I've been getting calls from (I think) Cabot Financial - it's a recorded message, and the speaker who recorded it was a mumbler, so it's not totally clear. The number is blocked, but somehow or…
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Some DMP questions...
I'm considering entering into a DMP as debt payments are becoming a struggle due to personal circumstances leading to a reduction in my working hours/pay. I've spent days reading threads on here (really appreciate everyone sharing their knowledge and experiences) and have contacted Stepchange and feel it's the right thing…
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48k unsecured debts & lost my job.
I borrowed the money and spent it online gambling over the last 3 years. My wife owns the marital home before we married and I have no beneficial interest as I did not pay towards it. I have mental health issues & take medication for them (ASD & PTSD) which lead me to gamble as a coping mechanism. I claim PIP enhanced and…
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Getting ready to do the Lowell dance on a 5 year old default, what should I prepare for?
Hello all! Long time reader, first time poster. I defaulted on a PayPal credit account in July 2021, for £1600 (ish). Life took a turn for the absolute worst, and I didn't have the bandwith to advocate for myself, so I made the poor choice of just sticking my head in the sand. The account defaulted, all letters from PayPal…
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Balance transfer help
Sorry if this sounds like a stupid question i’m looking to do a balance to give me more time to pay and clear my debts . I’ve received an offer from one of my cards of a 5.9% per annum over 30 months with 0% fee what does this mean? Does this mean I can transfer the debt pay nothing to transfer it but if I don’t clear the…
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Scared to take the next steps!
Hi, We have significant debts and stopped paying credit cards in June last year. Most have defaulted now, we're waiting for one still. Some have been sold to PRA and Lowell. Others are being handled by Moorcroft and AIC. We have worked out that we can pay £200 p/m across all debts, which isn't a lot given the amount of…
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FO Upheld Complaint But What Now Regarding Default?
Hi everyone, Good news that the FO upheld my affordability complaint! However they have suggested I set up an affordable payment plan with Plend. This isn't ideal because the FO has said Plend should remove any adverse markers once the debt is cleared which will likely be a long way off as owe £10,000. I was hoping for a…
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Big Debts - Considering DMP but have assets.
I owe around 25k across 4 credit cards through stupidity and overspending plus an income reduction of £700/month due to redundancy a couple of years ago. I earn only £1700/month net but am paying over £700 in repayments which isn't making a dent due to high interest, then I end up using the cards to make the end of the…
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Serious debt
got myself in to a mess, have about 70k across 7 credit cards, 1 loan and 2 payday loan and overdraft. Got a mortgage with the same company that does one of my credit cards. Now behind with payments on most. Not sure what to do or where to start, we have equity in house but can’t get a remortgage due to missed payments.…
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