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Struggling with debt? Ask a stepchange debt adviser a question
If you need help with your debts, this is the thread for you. This is a new thread, as the old one was getting a tad long. Trained advisers from StepChange Debt Charity are here and waiting to answer your debt questions. They're a friendly bunch so please don't be shy! There are three ways to get in touch: 1 - Simply post…
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DMP mutual support thread part 13 !!
Welcome to the DMP mutual support thread Part 13 !! Here you can find help in starting and running your DMP, self managed, Stepchange, Payplan and any other DMP all welcome here, but we do encourage you to use a free service, not one you pay for. There is help on getting interest and charges stopped, how to start with an…
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Charging Order? The myth
I feel that this is so important that I thought a new thread should be made to highlight the importance of understanding the law on Charging Orders and how many people are stuck with their property in the false believe that they have had a Charging Order put on their property. In particular the thousands of Northern Rock…
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The Debt Free Roll Of Honour
Update December 2018. We started this Debt Free Roll of Honour back in 2006 and since then there have been some fabulously inspiring stories, which you'll see if you read below. To read the most recent debt-free announcements click the double arrow above to head to the last page of the discussion Back to Martin's original…
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In Debt and Wannabe Debt Free? First Steps!
This thread provides guidance about some good first steps you should take if you are in debt and want to get debt-free. It doesn’t matter how big or small your debt is, or whether you are comfortably paying your debts and looking for advice on where to cut back further or struggling to cover your basic needs - we are here…
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Reclaiming money back from various payday loan companies
Hi all just wanted to share some good news regarding payday loan companies..... From early 2011 until mid 2014 I too was caught in the payday loan trap, all my own fault may I add, I borrow the money and in the end paid every penny back, would estimate 15000 over the years maybe 20. Early this year I saw all the news…
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Pls remember Debt-Free Wannabe's for support and help not judgement
Martin (Lewis) made the following announcement a few years back. But the link in the stickies is broken. Anyhow, here is what Martin said: "Dear Money savers..... Debt Free Wannabe is one of my favorite boards on this site. It's also one which runs a delicate balance. Many people who have serious debts have hidden them for…
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Debt-Free Wannabe Sticky - Provit & Statute Barred Letters, Defaults, Help and Guidance, All Here...
Debt-Free Wannabe Sticky - Please read for links to important topics and help Hi folks :) This is the Debt-Free Wannabe Sticky where links to all current important tools and information will be posted. Links: (1) Is your debt statute barred ? template letters here :…
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Statute barred debts and the Limitation Act
Statute barred debts and the Limitation Act Statute Barred debts. A debt will be "Statute Barred" if there has been no acknowledgement of the debt by you making a payment or in writing within the relevant limitation period. The debt would then be legally UNENFORCEABLE, unless the creditor has already taken legal action…
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Claim form received - CCJ incoming Kearne Solicitors
hi wondering if anyone can help i have received a claim form from Civil National Business Centre, it all seems legit. the particulars are saying its from a CCA from 2012 and defaulted in 2014 the agreement was passed to a DC agency intrum UK, its for £3141 and now has court fee costs and representative costs of £285 on…
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dmp or iva
I am self employed and my income has been pretty steady for the past 2 years, I have £22500 debt from credit cards and a loan which so far i have been paying just the minimum on everything but it has squeezed and squeezed my income and i am getting nowhere. I have no savings as I was using them to top up my income when I…
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Received a County Court claim for Statute Barred debt, how do I defend? (Lowell)
Hi, This debt defaulted approximately 15 years ago and I've had letters from various debt collection agencies and solicitors but I've never dealt with it due to mental health issues. I've now received a claim form from the Civil National Business Centre (Northampton) I've started the process of defending it online via…
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What to do?
Hi, I’m new to this forum and wanted some advice re: what to offer NatWest for settlement of credit card debt. The debt arose due to coercive control and the bank have been aware and I’m making token £1 payments per month. I wrote to them for a write off but they said they don’t do write offs and I don’t qualify for ‘no…
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Debt has finally caught up with me
Don't even know how to start this tbh, so I'll just summarise for now. I'm about £56k in debt over a number of loans and 3 credit cards. Until around 12 months ago, I was easily able to manage these debt repayments, and just about get by. A bit of history...It all started around 10 years ago with my divorce, when I ended…
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Reconstituted CCA Barclaycard
Hi all, I've had PRA Group contact me about a debt they've purchased in my name from Barclaycard. I requested a copy of the CCA and have just received a response from PRA. They have attached a 'reconstituted copy' of the agreement and some statements dating back to March last year. The copy of the reconstituted agreement…
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Reconstituted CCA
If a reconstituted CCA is valid, then why aren't more creditors doing this instead of sending invalid CCA or stating they can't find the original? Surely it shouldn't be too difficult for them to recreate one, or am I missing something here?
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Not sure if this is a default?
So as advised i have been ignoring my debts and awaiting defaults Not sure what actually constitutes a default, so taking one example from one card i have a Notice of default, followed 5 weeks later with a letter stating my ‘agreement has been terminated’ and my debt has been passed on the Moorcroft can i assume that is…
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DMP and lump sum payment advice
Advice please, we are in a DMP, my husband was in the forces and is getting a lump sum. We have lots of questions: Do we use this to pay off our DMP in full? Can we ask for a full and final settlement payment to be made? Would we do this independently? Which is best for credit as we will need to rent or buy a house in the…
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Limitation period: when does it start?
When does the six-year limitation period start for a debt covered the Consumer Credit Act? I'm in England. Some websites state it is six years from the date of the last payment (or other written acknowledgement of the debt). Some websites state it is six years from the date the default notice was issued. Can any of the…
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Formal letter of claim issued - What would be my next steps?
Hi, I'm very confused at the moment and was wondering if someone could help. I just received an email from the solicitors representing the credit card company I owe £14,000+ that a formal letter of claim has been issued. I lost my business earlier this year and earn nothing. I also have a 5 month old baby so I don't work…
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Debt questions around DMP
Hi All, I've had a good read on the forums and feel more clued up on what I need to be doing, so thanks for the knowledge shared. I do have a few questions though if some kind soul could help with. 1) I see most saying run your own DMP rather than someone else and understand why regarding defaults/building funds and…
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debt caseworker interview
Please I have made it to the interview stage of debt caseworker job, does anybody have an idea of likely questions to expects from interviewers. thanks
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Formal letter of claim issued - What would be my next steps?
Hi, I'm very confused at the moment and was wondering if someone could help. I just received an email from the solicitors representing the credit card company I owe £14,000+ that a formal letter of claim has been issued in the post. I lost my business earlier this year and earn nothing. I also have a 5 month old baby so I…
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PiggyBank loans and credit file abuse
I defaulted on a piggybank loan in 2013 which to be honest I was in the process of moving was only £100 I thought it had gone through as was linked to my bank card . Fast foward 7 years later out of the blue piggybank contacted me asking for the money and I noticed they had put hard searches on my creditFile a year after…
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Credit file not updated
Hi, I have a loan with Updraft ( Fairscore). I have just checked my credit report and they haven't updated transunion since 1st january - is this normal?? All of my other account on my credit file are updated.
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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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Income and Expenditure
Hi, I am being asked by a Debt Recovery Company to provide my income and expenditure information but can I refuse as this is my personal information? I have began paying them a fixed amount each month but they still keep hassling me for my income and expenditure information. I really don't want to share my private…
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New to DAS DPP
Good evening all, I'm hoping to sleep for the first time in a long time tonight after having started to address things via SC. It was sobering to see the extent of my debts. Every month I was having to transfer myself money off my cc to stay afloat so it was easy to bury my head in the sand. When I totted things up I…
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Link Financial want to know the source of my money.
I have a self managed dmp and so does wife, for about last 2.5 years , and about 6 months ago, my only creditor that never defaulted me , link financial who was assigned my aqua credit card debt, I asked for a manual default, they promised, but didn't do it . anyway cca requests were written to creditors at the same time,…