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Emergency fund question
I’m just starting to build up an emergency fund after starting on the DMP route and whilst waiting for defaults. Two questions Should I concentrate on building up an emergency fund before I start saving towards settlements? Or is it better to do both simultaneously? Is it worth saving up to pay off eg Barclaycard or FD cc…
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Debt help… DMP?
Hello, I’m new here, but I’ve been doing a lot of reading while I was waiting for my account to be approved. I’ve got myself in a real financial mess. This is not the first time. I was married to a man who was financially controlling and I ended up in about 20k of credit card debt. After we separated and sold our house, I…
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Affordability Complaints - Advice Please
Hi, I am looking for some advice please. I have had credit cards for around the last 10 years and I also had a HSBC overdraft before that, that I didn’t ask for. I have never missed a payment but I have constantly opened new credit cards and moved balances to 0% cards in order to keep afloat. I had around £25,000 worth of…
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Working towards reducing credit card debt advice
I will prefix this with I am unsure if I should be posting here or CC forum - please could it be moved if deemed to be in the wrong place? :) We have a bit of a stress-on as we are in a bit of a hole debt wise, not helped by my wife currently being on statutory maternity pay, us having welcomed a baby last summer (I also…
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Old debt
Please can someone help me with some advise. I recieved a letter from Resolvecall saying that I owed a shopdirect £240. The letter stated if they had no response within 7 days someone would call at my house. I sent them an email stating that I have absolutely no idea what this is for. They have sent me an email back…
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High Court Writ Help
Hello, I've got myself into a bit of a mess. I am currently unemployed, unable to work due to health issues & commitments to my 2 young children, with another on the way and would like to get this sorted before my third is born. My debts are approx £80k and I have a high court writ for one, of which I am receiving messages…
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Need help getting out of debt cycle!!!
Hi, I'm new here so apologies if this isn't the right section to post this and thank you to all the knowledgeable and helpfull people that contribute to this forum :) . Over the years I have accumulated this debt and I have just borrowed and borrowed to cover the monthly payments and it's caught up wiyh me and can no…
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Self DMP - first steps
I’m going to do a self DMP. I have been deliberating this for months but think it is finally time after having to continuously borrow to keep up with debts. I am currently not behind with any payments at present. I’m currently at about £36,000 in debt across numerous loans (1 x Plata, 4 x Zopa, 1 x Lendable), 3 credit…
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Link Financial Full and final Settlement Offer Advice
Happy bank holiday Monday everyone, I have a debt with Link Financial which I have ignored for about 4 years. Before I contact them, can I check if anyone has had any recent success with Link Financial regarding a full and final settlement as I would like to see if its worth going down this route with them. Thank you
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ccj wrong date and not fallen off credit file.
After attending a court hearing at Southampton County Court on the 22 February 2024 I had a ccj set aside with the consent of the claimant as the paperwork was sent to the wrong address the year before. “The judgement against the defendant shall be set aside pursuant to CPR13.2.” (Document #1). Since then, Overdales have…
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LCS
We are receiving letters from LCS over an EON debt from 2023. We sold the property in question in the early 2000s, the letters are addressed to my partner. I have sent two prove it letters (the last by recorded mail) but have today received a notice of litigation. What's the best course of action... ignore them? Just…
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Default and DMP advise
Hi all, After a bit of advise please, I have x2 cc (Halifax and MBNA, total approx £24k) that I have stopped paying (last payments made were in Nov24 MBNA and Dec24 Halifax) I have today received a letter from Halifax stating that I have 14days to make payment of the outstanding minimum payment due otherwise they may end…
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Lowell email address
Hi, does anyone have an email address for Lowell? I just want to inform them that I’ve said up a monthly standing order but there doesn’t seem to be a way to confirm the payment plan online unless it’s by direct Debit and don’t want to call them. Thanks
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PRA Group- Barclaycard debt
Hi My husband had a debt with Barclaycard for £13k that was sold to PRA Group in March 2020. He has been paying PRA via direct debit £20 per month, he was for a while before B/card sold the debt to PRA paying £20. He didn’t have to change direct debit details or anything, this just continued once PRA took the debt on. My…
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Not so new newbie
Good afternoon! I've been a member of the forums for a long time, but have continued to fail to maintain any type of money saving. My wife and I are extremely proficient at running up dates, we both struggle with impulse buying, we find it hard to stay to routine and plan ahead, and we are easily overwhelmed by choice and…
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SOA questions
hello I am trying to complete an SOA to inform next steps and just have some queries if anybody can help. My partner is joint owner of the property however we have been living separately for over two years due to a severe mental health crisis and during that time (and ongoing) I am paying the mortgage and all bills in our…
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CCA request and interest
Hi I am currently on a DMP and looking at sending some CCA requests to my creditors, if any of them come back saying the debt is unenforceable and I stop paying are they likely to start charging interest again? My worry is if the agreements turn up in the future I don’t want to have a load more interest/charges to pay, if…
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Age 50, in debt, aspergers, bad investments.
I have for the past decade been struggling massively, post divorce with metal health and emotional struggles (although very rarely to never visited the GP, as much of the time my children were young and I was simply terrified of any knock on effects). However to cut to the chase I've increasingly made some terrible…
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Lowell debt close to being statute barred HELP!
Hi, So I need some advice because we all know how stressful dealing with lowells can be! I'll try and make this short.... I took out a loan with Lloyds bank a long time ago but made my last payment on 17th Dec 2018 (so very close to now being statute barred) Following a relationship breakdown and a mental breakdown I…
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Help DMP not DRO or IVA-should this be in benefits?
63 year old lady Please don’t judge me being on benefits since my health massively deteriorated over past 5 yrs plus and work issues etc Debt credit cards £9k Car asset paid for - Parkers estimate private £4740 - £5920 (needed as long term Ill health and severe mental health,live out in country very little transport, many…
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Most recent: Road To Financial Recovery by FootyFanDan
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