-
Please help debt, death and depression :(
Hello, Been on this forums before and back again to try
again. Brief situation as otherwise could turn into an essay. So am married (technically only on paper really!) with a small child of nearly
3. Not working due to said small child. I live with my husband who
in theory should pay most of the bills but money has become…
-
claiming fees back from Kensington ?
Kensington sold our account to Mars Capital in Feb this year , so will be offering a repayment to them as fallen into arrears of over £5,000 due me having cancer . Anyway Kensington over the years added £595 in fees even when we had a repayment agreement in place for arrears . Can we claim these fees back even though they…
-
Is My Situation Completely Hopeless?
Hi All,It has been almost 10 years since I was last on this forum and I am back here looking for a way out. So basically, I have found myself in around £47,000 worth of personal debt all in credit cards. There are 5 credit cards in total. I owned a business which which did really well for years and I employed staff…
-
The Best Option
Hello everyone, I’m new. I find myself with £13,898 debt. It’s affordable with monthly payments and mostly accrued during my youth. I’m in a mature position in life to now want to start clearing it as my payments on debt each month are approx £600/month. With two young children and a different lifestyle now, it’s time to…
-
Best way advice please.
I have 5 grand heading my way in September, I want to use this to pay down some debts - I know it's a way ahead but it keeps me going on my journey, lol. I have 3 credit cards, all with approximately £2,000 ( at the moment) on each at 0% until mid next year. I have a car loan, by September, it will be down to £1000 - very…
-
Please help debt, death and depression :(
Hello, Been on this forums before and back again to try again. Brief situation as otherwise could turn into an essay. So am married (technically only on paper really!) with a small child of nearly 3. Not working due to said small child. I live with my husband who in theory should pay most of the bills but money has become…
-
Please help debt, death and depression :(
Hello, Been on this forums before and back again to try again. Brief situation as otherwise could turn into an essay. So am married (technically only on paper really!) with a small child of nearly 3. Not working due to said small child. I live with my husband who in theory should pay most of the bills but money has become…
-
DMP and defaults
I've applied for a DMP with StepChange. 1. Should I have defaulted first? 2. Does default simply mean missing payments or paying less or is it other official action? 3. I regularly have made payments albeit sometimes minimum and now have stopped whilst I await DMP outcome. I'd regularly pay then reuse the credit as I'd be…
-
SOA - Advice please
Hi, I've been on this forum for years and have plucked up the courage to add an SOA for people to review and provide advice. I mange my own debt management plan, but since have taken out additional credit cards which I'm really annoyed I've done so. In 2 months time my employee will be introducing a salary sacrifice car…
-
Worth paying off student loan?/points on lump sum?
Trying to work out if it's worth paying back my student loan or to keep a lump sum in case? Is there any way of getting points on lump sum payments?
-
HMRC Debt
Hoping someone will be able to help advise on the best way forward relating to debt with HMRC. I'm currently in a self managed DMP and the below is what is owed and monthly payments. Tax Credits Overpayment from 2016 Balance £2,500 Monthly payment of £10.00 Underpayment of tax 2020-2021 Balance £2,800 Monthly payment of…
-
B136(CO)
Hi all, I need an urgent advice, in March i received an interim charging order from my creditors and i did not receive any letter prior to my interim charging order. At the moment i am waiting to hear from the court and also at the same time i am trying to negotiate with the creditors. The Co-owner has nothing to do with…
-
Do I still have to pay?
* Hi, my first ever post, I have tried to search for this information in the search bar with no luck. I’m in a management plan with PRG group which was originally a debt with Santander, the debt has been sold a couple of times to different companies. * The outstanding balance is approximately £4000, I’ve been paying it…
-
Advice please
Hi and hello, Just after some advice, about 3 years ago my personal circumstances changed and i lost everything, so I had to return the car I had on PCP back to the dealership. I had a relapse and was back in hospital for a few months. Upon my discharge i had help sorting out my finances and gave the finance company a ring…
-
Huge debts and mortgage increase...
Hi - looking for some urgent advice. My husband and I have accrued an enormous amount of credit card debt - some is historic, some has occurred more recently after my husband lost work and we had a huge bill for unavoidable building work. We dropped our mortgage to interest only for six months which was the only way we…
-
Do Lowell offer a reduced final amount if already paying?
Got a default with Lowell for an old credit card. Currently paying £25/month of it and they're not bothering me for more. The default itself reaches the 6 year point in July (4 months time) and there's around £3700 left outstanding. At the present rate of £300/year, it's going to take over 12 years more to pay this off.…
-
Helping Dad with debt
My dad is about to retire due to ill health and has debt with companies such as Lowell (around £2k), Cabot (around £2k) and capital one (£?) as well his mortgage (£9k) and a loan (?). I’m trying to help him pay off his debts which I have just found out about as he physically cannot keep working. The loan company has not…
-
Should I reply or ignore?
In Feb 2020 I wrote to all my creditors asking for a copy of my credit agreement. Almost all of them replied. Though 1 admitted the form was illegible and so was unenforceable. I have since been able to negotiate settlements with all of them and have thankfully cleared all debt except for a dodgy issue with my student loan…
-
DMP- Best way?
Hi all, I’m currently sitting with debt at just over 38 grand 3 personal loans and 3 credit cards. all are currently up to date with no missed payments. I’m really struggling day to day and can not afford to carry on. I’m borrowing more and more just to live. i have spoken to step change and their recommended solution was…
-
Inhibition
How long does inhibition last as I have one and they keep renewing it every 5 years I had a citi card and was paying Regularly but then had a stroke. The debt keeps getting passed on and is now with Cabot finance. My health is really poor but the solicitor acting on their behalf said they won't accept the settlement figure…