Hello, (I hope I posted in the right place)
A mix of mental health, employment, unemployment and homelessness.
Generous student overdraft £2000 which is still active with Natwest. -I dont really want to leave them per se.
And two ordinary credit cards (was £1000 Barclaycard but went to around £1091 and £1700 with Virgin Money that went to around £1900)
which have resulted in default to my knowledge. I didn't want to 'lose' either of them.
They date back to around 2016 and 2017, I had around two years of uninterupted minimum payment history that may be in my favour not missing a payment until mid 2019. I am just content now budgeting for Universal Credit for now trying to find work. Living with a family member informally for now.
I have been paying £5 per month to PRA (Barclaycard) and £5 to Moorcroft who are managing that account for Arrow Global (Virgin Money) for the sake of doing something- I will attempt to ascertain which parties own the debts.
I am confused about the advice about parachute accounts. I've had banks behave as if they must be the sole bank?
I must not be left without a bank or available funds for basic living.
I had flirted with the ideas of DMP And DRO but neither really appealled to me- meanwhile Insolvency and bankruptcy seemed like a step too far based on the total debt.
I have seen Clearscore but nothing further in respect of CCA. One last thing, I may also now need a car.
Advice greatly appreciated.