Non payment of unsecured debts

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  • BoGoF
    BoGoF Posts: 7,099 Forumite
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    Take the advice given in the first reply you received in this thread.
  • bigisi
    bigisi Posts: 925 Forumite
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    CRBEN008 wrote: »
    Also does that mean when I come to sell the flat they will take the money owed from the equity?

    Why do you just keep posting rambling new posts rather than reading and responding to the people who are trying to help you?

    Why do you think you should be able to get away with not paying back money you have borrowed? Why should those companies suffer because you can't handle being an adult?
  • worried_jim
    worried_jim Posts: 11,631 Forumite
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    BoGoF wrote: »
    Take the advice given in the first reply you received in this thread.

    I don't why I bothered! You can lead a horse to water......
  • CRBEN008
    CRBEN008 Posts: 9 Forumite
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    Thank you for your responses.

    I have contacted a debt management agency.
    They have said that my home is at risk, if I do not pay.

    I have been advised to contact each creditor individually and ask for a lower minimum monthly payment due to circumstances.

    They can ‘freeze’ the interest for a Druid if time and also reduce the monthly minimum (all discretionary)

    I will call each of them today,
    Just worried as I don’t no if loan companies will reduce the monthly.
    It would be great if I could extend the loan term I.e from 24 Months to 36 months so less monthly payments.
    I think they would credit score me ?
    Which I would automatically fail.
  • [Deleted User]
    [Deleted User] Posts: 35,242 Forumite
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    CRBEN008 wrote: »


    They can ‘freeze’ the interest for a Druid if time and also reduce the monthly minimum (all discretionary)

    Are you a Druid though?
  • Willing2Learn
    Willing2Learn Posts: 6,294 Forumite
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    CRBEN008 wrote: »
    I have contacted a debt management agency.
    Just dropped by to make sure you are not paying a debt management agency for advice and support. You can get the same service for free from StepChange...
    I work within the voluntary sector, supporting vulnerable people to rebuild their lives.

    I love my job

    :smiley:
  • [Deleted User]
    [Deleted User] Posts: 0 Newbie
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    OP is not reading nor responding to posts and help

    It's beyond pointless providing advice now
  • worried_jim
    worried_jim Posts: 11,631 Forumite
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    Willing2Learn wrote: »
    Just dropped by to make sure you are not paying a debt management agency for advice and support. You can get the same service for free from StepChange...

    First bit of advice given in post #2.
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