Misc. Debt

7 Mistakes You Must Not Make If You Want To Get Out Of Debt

Topic: Misc. Debt | Posted: 2 years 4 weeks
Don’t rob Peter to pay Paul If you find yourself taking out new loans to pay back existing loans at expensive rates of interest because your credit rating is not as good as it once was, it may be time to stop and get help.

10 Debt Myths Busted – A Must Read

Topic: Misc. Debt | Posted: 2 years 4 weeks
What to do and what your options are when you’re in serious debt is knowledge nearly everyone is without until $@&’s hitting the fan. Not because debt doesn’t affect millions, but because those who have been through the experience don’t tend to talk about it.

Poetry Competition - It's called 'Debt Free – Poetry to inspire action'

Topic: Misc. Debt | Posted: 3 years 18 weeks
Inspired by a poem by Paul Laurence Dunbar called The Debt, Talk About Debt are ran a poetry competition to find this century’s ‘Debt Poem’. The quality of the response was amazing and the poems a true reflection of the time we live in We have over 100 entries, which have been in a downloadable PDF. We're sure you'll enjoy them as much as we have.

Write About Your Debt Experience

Topic: Misc. Debt | Posted: 2 years 2 weeks
We're looking for writers who know what it's like to be in debt to create short articles outlining their personal experience. What could the article include?

Debt poetry to inspire you to beat debt

Topic: Misc. Debt | Posted: 2 years 4 weeks
About a year ago we ran a national competition to find a debt poem suitable for our generation as the only one we could find was over a hundred years old. Here's a link to them - debt poems

I am unable to pay my mortgage what are my options
Submitted on: 9th Dec 2008 by Non-Member | Total Answers: 1

I can't pay my mortgage. Will I lose my house? What are my options?

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When you're married and in debt, actions speak louder than words

Topic: Misc. Debt | Posted: 2 years 3 weeks
When you're married or in a relationship and in serious debt, the chances are your relationship is suffering. We say for richer or poorer but most couples don't realize just how hard standing by a vow like that actually is. Debt puts an almost impossible strain on any relationship and it's often what ends up not being said signals the end of the road.

Auf Wiedersehen Debt

Topic: Misc. Debt | Posted: 3 years 13 weeks
2008 Winning Poem Auf Wiedersehen Debt by Michael Weightman Even though that I don’t know you I’m going to place a bet That now, before or sometime You’ll be face to face with debt It could have been with money That was used to pay the rent Or could have just been credit That you’ve already spent There are always those that aren’t though Born to be a saver

The Debt – Over a hundred years on and never so relevant

Topic: Misc. Debt | Posted: 3 years 18 weeks
This is a poem by Paul Laurence Dunbar, and American poet that died in 1906. Over a hundred years, and as the Credit Crunch tightens it grip on the global economy it still strikes a cord.

What does Arrestment mean?
Submitted on: 5th Nov 2008 by Non-Member | Total Answers: 1

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Debt Management vs the IVA

Topic: Misc. Debt | Posted: 2 years 50 weeks
If you can or want to avoid bankruptcy, debt management or an IVA are normally the two solutions a debt advisor will consider for you. They both offer very different things but share a common objective. They both aim to make you debt free and your monthly repayments manageable. The key areas of distinction are: Only one is legally binding

The Final Decree

Topic: Misc. Debt | Posted: 3 years 13 weeks
2008 Winning Poem The Final Decree By Joanne Graham Depression. It’s raining. My team hasn’t scored. There’s nothing on TV. I’m restless. I’m bored. Pull out the plastic, like a well-timed punch, In the tight-fisted clench of the “Credit Crunch.” Retail therapy. What a glorious feeling. Spending money, not mine. Does that count as stealing?

Step By Step

Topic: Misc. Debt | Posted: 3 years 13 weeks
2008 Winning Poem Step By Step by Jennifer No shortcuts where you’re headed, You’ll need fortitude and drive But the sooner you start walking, The sooner you’ll arrive. Don’t pretend that there’s no problem, Hide your head beneath the sand, Instead draw up a strategy And stick to what you’ve planned. Debt’s wily paths are tangled To snare poor passers-by

Twenty and Thirty-something Women Face Higher Debt Costs

Topic: Misc. Debt | Posted: 2 years 36 weeks
Younger people in particular have run into debt in the opening years of the new millennium and are now facing drastically higher debt costs as we end the first decade.

What stage in the debt cycle are you?

Topic: Misc. Debt | Posted: 3 years 14 weeks
Once upon a time your finances were healthy and if you want them to be, they can be again. These are the typical stages that someone in debt goes through. Do you recognize any?

Charge against a property
Submitted on: 30th Apr 2010 by Non-Member | Total Answers: 1

What exactly does this mean?

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if my wife owns the property which we live can she be forced to sell?
Submitted on: 28th Oct 2008 by Non-Member | Total Answers: 1

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A Tale of Two Countries’ Economic Peril

Topic: Misc. Debt | Posted: 3 years 8 weeks
Failed banks. Unemployment. Bankruptcies. Dismal situations even individually, but when they all happen at the same time different countries, it becomes a global disaster. It’s what both the United States and the United Kingdom (along with several other countries) are going through right now.

88% - The Percentage of Those Kept Awake at Night With Debt

Topic: Misc. Debt | Posted: 2 years 37 weeks
Debt has a significant social stigma attached to it and never more than when we are falling behind; this is something ingrained into us from a very early age and it is not that long ago that being a debtor who could not pay their way was an extremely serious state of affairs.

Debt Jargon Buster

Topic: Misc. Debt | Posted: 3 years 13 weeks
There are so many technical and legal terms, and abbreviations associated with debt and finance. To help, here’s our jargon buster to help.

I am 65years old pensioner, Npower are coming to cut my gas off on monday. Can they do this
Submitted on: 11th Jan 2009 by Non-Member | Total Answers: 1

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Who Do You Turn To For Debt Advice?

Topic: Misc. Debt | Posted: 2 years 38 weeks
If you are asking yourself this question then good for you! The first step in dealing with your debt is to recognise you need help and advice so while your situation may be causing you a great deal of personal worry and stress, you are on the road to finally being free of your financial problems.

Who are Labour kidding? What’s the real rate of inflation?

Topic: Misc. Debt | Posted: 3 years 14 weeks
The government today announced that inflation has risen to 4.4% from 3.8% in June, with the main contributing factors being: Food – Whether you’re buying meat, vegetables, cereals or a simple loaf of bread, food is becoming more and more expensive.

Sandbanks dreams washed away by tide of debt

Topic: Misc. Debt | Posted: 3 years 13 weeks
One of the country’s most exclusive areas has been hit by the credit crunch. It has emerged that two houses in Sandbanks, Poole, Dorset have been repossessed – the first repossessions in the area in 14 years. The owners of a five-bedroom home got into trouble after their property investment business was hit.

Brown backs the courts

Topic: Misc. Debt | Posted: 3 years 13 weeks
Prime Minister Gordon Brown has issued new instruction to the courts for lenders seeking to evict tenants who have got behind with their mortgage payments.

Start The New Year Debt Free

Topic: Misc. Debt | Posted: 2 years 5 weeks
On behalf of all of the team at Talk About Debt we'd like to wish all of the websites visitors a happy New Year.

STOP worrying and START living again

Submitted by TA on November 13, 2008 - 10:59pm

Being in debt is a living nightmare. I know because I have been there and is why I have decided to write about it and contribute to this website. Nearly two and a half years ago I had £34,000 worth of debt. For creditors. 2 or 3 phone calls a day chasing payments.

i borrowed cash from a friend they now tell me they have sold it on, can this be done

Submitted on: 2nd Feb 2009 by Non-Member | Total Answers: 2

i borrowed money from a friend they say now they cant wait any longer for the money and that they have sold the debt on, can this be done and how do i find out who it has been sold to as they wont tell me? i am worried it has been sold to someone that will turn up to beat me up ?

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A bit more about me

Submitted by sdean on November 3, 2008 - 9:51pm

I was recommended an IVA about 12 months ago. After the relatively involved proposal process it was accepted and 63% of my debt was written off. I owed £62,000 at the time and was getting further into debt every month. I was waking up at night, and I wasn’t that nice to be around. Now I am a different person and I am paying back just over £400 a month and I can manage it.

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5 more years

Store cards are bad news

Submitted by kjones on November 3, 2008 - 8:58pm

As tempting as the extra 10% off sales prices was it was the 27% APR that made me say no. I really didn’t realise how expensive store cards were until I started to read the small print. Wow what a shock.

If you’re not going to be in a position to pay back the full amount owed on the card at the end of the month, STOP. DO NOT DO IT. You pay for those clothes or appliances many times over.

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Looking After The Pennies

I have had a car in my yard for 10 months,i recieved the log book,can i sell it to get rent
Submitted on: 15th Jul 2009 by Non-Member | Total Answers: 2

I have just sent a bill to the guy who i know cannot pay.

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Solidarity

Submitted by sdean on November 3, 2008 - 9:52pm

Can you believe the news. The world is going mad. The markets are in free fall. Unemployment is set to rise. We own a significant chunk of the banks. Countries are facing bankruptcy. I thought my life and finances were tricky.

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5 more years

Hard pressed shoppers turn to cash

Topic: Misc. Debt | Posted: 3 years 13 weeks
The sharp rise in the number of £50 notes in circulation shows that shoppers are turning to cash rather using a credit card, says Nick Buckles, chief executive of the security transport company G4S. He told Radio 4: "Cash payments are increasing all the time.”

My stepson has recently moved out.Will calls from debt companys effect our credit/assets
Submitted on: 16th Nov 2009 by Non-Member | Total Answers: 1

He gave up his property then moved in with us Although he moved out of our house we constantly get calls/letters for him from companys wanting (we think) money.Will this effect our credit rating and or are we likely to get a knock on the door !!!

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Supermarkets are not cheap

Submitted by mgrange on November 3, 2008 - 9:50pm

Did you realise that supermarkets just are not that cheap. They are just very convenient. Don’t be fooled by the buy-one-get-one-free signs and the 3 for 2’s. Many of the staple items that make up your shopping basket are pricey and can be bought much more cheaply elsewhere.

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Tight As A Ducks Arse

Can I sell my share of equity in matrimonial house which was set in a court order?

Submitted on: 3rd Aug 2010 by Non-Member | Total Answers: 1

Having divorced in past couple of years, i have steadilly built up large debts. As part of a court order I have a 32% equity share in the matrimonial home that I no longer live in. However I am not able to receive this until my youngest leaves full time education or my ex re marries etc. This is not for at least ten years!

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If my limited company is disolved can I still be chased for debt, no personel guarantee
Submitted on: 21st Jul 2010 by Non-Member | Total Answers: 1

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Can I persue the owner if a limited company goes under
Submitted on: 1st Mar 2011 by Non-Member | Total Answers: 1

I have a tenant who has a lease until 2018 but is talking about winding the company up to avoid paying rent. Can I persue the owners personally as I know they are extremely wealthy even thou they do not have a personnal guarrantee. A friedn told me the law had changed and you can now persue the limited companies directors instead of letting them walk away

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can i take the council to court for not chasing my ex council tax debt when he lived there
Submitted on: 15th Aug 2010 by Non-Member | Total Answers: 0

My partner and i lived in a rented property for over 2 years he is not on the council tax bill just me which is in arrears. The council at different periods of times were paying him council tax benefit and therefore knew he lived there but now the council are telling me they will not persue my ex because his name wasnt on the bill.

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I am taking a sole trader to court can he leave the country
Submitted on: 20th Jun 2010 by Non-Member | Total Answers: 0

I am owed £5k by a sole trading builder he owes a total of £35k to all trades, I believe he has the money to pay so I am taking him to small claims (He as been served papers and we are waiting for a date to be set). I have recently found out that he has just bought a big new mobile home and from what I hear he is going abroad in it.

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my caravan is my home we owe £33000 its worth 9000 will we lose the van
Submitted on: 2nd Jan 2011 by Non-Member | Total Answers: 2

we have a child aged 13 who is ill with chrones disease, we have no other assets, the caravan is in my name only, 22,000 of the debt is mine, both myself and my husband have been made bankcrupt,

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can i claim compensation for mistaken identity???

Submitted on: 30th Aug 2010 by Non-Member | Total Answers: 1

basically there another man with the same name as me that used to run our local pub but he left due to money problems now one of the companys that he owe's money to has found me by mistake and i have been hounded for 16 months now and iv had car seizure letters and people knockin my moms door...im 25 and now i own my own house im worried they'll find my new address and come there..iv had a ccj put

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Can you please confirm that this following mail came from you?
Submitted on: 13th Jan 2011 by Non-Member | Total Answers: 1

Dear Jannes,

Your email was well understood, not if you do not pay the security deposit fee that mean you do not qualify a loan from the OCEAN FINANCE & MORTGAGES kindly bear in mind that before the bank can be able to transfer your loan they need a insurance certificate issue once we received the security deposit fee.

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I left my ex partner due to domestic violence, but signed a HP agreement for a television,

Submitted on: 14th Jan 2011 by Non-Member | Total Answers: 1

I left my ex partner due to domestic violence, but before signed a HP agreement for a television which he still has. The company are now chasing me for payment. I am a single parent and was forced into the agreement by my ex partner. Can I push the debt on to him as he has the television?

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my car is in my name i have the reciept my ex husband has taken it without my permission ?
Submitted on: 12th May 2011 by Non-Member | Total Answers: 1

what rights do i have to get my car back?

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Advice needed for large loan stolen by ex-partner attached to my house which is now at risk
Submitted on: 2nd Nov 2010 by Non-Member | Total Answers: 1

My ex-partner and I entered into a joint loan taken to cover an existing loan to get the % and payments down. The relationship ended soon after but the new loan came through the money was not used to pay off the previous loan as planned and my ex-partner took the lot and spent it on ???

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I received a council tax bill which someone else should pay
Submitted on: 25th Dec 2010 by Non-Member | Total Answers: 0

I've occupied a single room in this property since 2004. Over the years there have always been a varying number of other tenants in the property.According to my tenancy agreement I have always paid rent inclusive of council tax. The council tax bill used to arrive in the name of one of the tenants but obviously he never paid it and recently he moved out.

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Foreign Debt
Submitted on: 25th Jan 2011 by Non-Member | Total Answers: 1

Hi, Three years ago myself & my wife got a mortgage with a Spanish bank for a property in Spain which was going to be our retirement home. We had enough capital from our house sale in the UK & a private pension of £560 per month to pay the mortgage & associated bills etc. But due to various problems & unexpected expenses our money has run out & we will soon be unable to pay the bank.

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I will be able to clear all my debts early next year but cannot manage until then.
Submitted on: 18th Apr 2011 by Non-Member | Total Answers: 1

I will be able to draw down on my pension next year and clear my debts, but I am unable to manage until then - Is there any way I can get to february without completely ruining my credit rating for the next 6 years? Further borrowing seems impossible. As my pension is a final salary scheme, I understand that I can't use this to guarantee a loan.

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nDuTFILrUfw

Submitted by Non-Member on October 25, 2010 - 11:50pm

what is doxycycline used to treat 8005 how to get prescription accutane 4408 prednisone buy :[

Selling 75% shared equity housing?
Submitted on: 9th Jun 2011 by Non-Member | Total Answers: 1

I am confused about selling property...
There is no charge on my property apart from the usual mortgage and secured loan? How do i pay the 25% per cent back? I was told that a charge would be put on house so it could not be sold!

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I owe my ex boss £870 as I didnt pay my lease agreement on a car to drive as a taxi

Submitted on: 4th Aug 2011 by Non-Member | Total Answers: 1

I should have paid my ex boss £115 a week over 7 weeks but I didnt and kept the money and spent it and hoped he would forget about it. Unfortunatley I wrote it on a note i pushed through his letterbox and in text messages that I owe him the money and want to make arrangements. I dont think I should pay him cause I really dont want to. What should I do and what at worse can he do to get the money.

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i lived with a woman for almost 4 years.she borrowed money from me to the tune of about 50k

Submitted on: 18th Jul 2011 by Non-Member | Total Answers: 0

i leant a lot of money to a prvious girlfriend.we lived together from 2005 to 2008.i was promised by my partners daughter i would be paid back once she[my partner]had sold her bungalow.we parted on bad terms . can i get any money back. thanks ron

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Does a council have the power to recover community charge arrears from almost 20 years ago?
Submitted on: 30th Nov 2011 by Non-Member | Total Answers: 1

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the company that put a charge on our house has been taken overso many times i cant find them
Submitted on: 21st Dec 2011 by Non-Member | Total Answers: 1

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If I enter a debt management plan will it stop me being able to apply for student loans?
Submitted on: 29th Dec 2011 by Non-Member | Total Answers: 1

I am a mature student with dependent children and have to go into debt management, but to further my career I need a degree. I can't afford to pay for the degree and my employer won't pay for it. I am looking at the OU but fees are £5k per year. Should I stay out of debt management until after I have applied to uni?

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