Hiding From Creditors
Can I Hide from Creditors and Debt Collection Agencies The short answer is yes, but as to how successful you will be, will depend on a number of factors. If you owe only a small amount of money then a … Continue reading →
Tag Archives: Debt
Minimum Payment to Creditor
What is the Minimum Amount I can Pay a Creditor If you are experiencing financial difficulties and have to reduce your payments to creditors, then you would want to make a payment of at least £1 to each creditor. Having … Continue reading →
CapQuest Accept Full and Final Settlement
Here is another example of a full and final settlement that has been achieved. In this particular case this is an old Lloyds Banking Group debt that was eventually sold on to CapQuest. The outstanding balance of £9,159 was settled … Continue reading →
Tracking Your Income and Expenditure
Why is the Income and Expenditure Important Income and expenditure (I&E) are important for any individual for a variety of reasons. It is important to track income and expenses in order to create and maintain a budget. This allows individuals … Continue reading →
Bank Account Leaches
Check Your Bank Account for Unnecessary Outgoings Do your own full audit of your bank account, double check to make sure that all standing orders and direct debits are still valid. OK, this may take a little time to do, … Continue reading →
Stopping an Eviction
Can an Eviction Be Stopped The short answer is yes, on this site there are a number of examples where evictions have been stopped. Being in debt can put you under so much pressure, you just want to hide and … Continue reading →
What is Keeping You Poor
9 Habits that are Keeping You Poor I was watching this video by an accountant on YouTube @nischa which I thought would be worth sharing on this site. Don’t just skim through what is written here, watch the video, and … Continue reading →
Get Out of Debt on a Low Income
Stop Taking on New Debt Stop taking on new debt is a great way to help manage your finances. It can help you maintain a good credit score and keep your finances on track. Taking on new debt can add … Continue reading →
The Money Diet to Help with Your Finances
The Money Diet by Martin Lewis The Money Diet by Martin Lewis is a comprehensive guide to taking control of your finances. It gives practical advice on saving money, budgeting, and investing. It also offers tips on how to make … Continue reading →
Example Letters to Creditors
Sample Letter to Debt Collection Agency for Debt Management Plan Once you have completed your Income and Expenditure, you will then want to send that to the Debt Collection Agency (DCA) with a covering letter.Their AddressYour AddressDateCompany: (who the original … Continue reading →
Creditor and Collection Agency Account Numbers
Here is a list of some of the more common Creditors, Debt Collection Agencies and Solicitors. with their sort codes and account numbers. It may be worth doing a further search to confirm that the information is still correct. Forcing … Continue reading →
Using the Kakeibo Method to Save Money
What is Kakeibo Kakeibo is a Japanese budgeting system that helps users manage their money and keep track of their day-to-day expenses. It is based on the idea of “record and reflect”, which encourages users to record their finances and … Continue reading →
How Much to Pay in a Full and Final Settlement
Obviously you will want to pay as little as possible, but there are some things that you may need to know about. Age of a Debt in a Full and Final Settlement Matters The older the debt is, the more … Continue reading →
Can a Diesel Heater Run on Waste Oil
If you are thinking of getting a cheap Chinese Diesel heater, you may also be asking, can you reduce the running costs even more by running it on waste oil? Yes, diesel heaters can run on waste oil. This type … Continue reading →
Dealing with Debt Collection Agencies
The Best Way of Dealing with Debt Collection Agencies (DCAs) The best way of dealing with debt collection agencies is to remain professional, honest, and organized throughout the process. It is important to recognize that debt collection agencies are businesses, … Continue reading →