Showing results for tags 'old debts'.
Hi there - I'm an American, now married to a Brit, who lived in the UK for about 10 years. In my first few years in the UK I did not make very much money and foolishly ended up getting into debt with credit cards and a loan in order to keep my head above water. I ended up amassing about £10,000 worth of debt, which I ended up facing up to in 2006. I contacted creditors, set up payment arrangements and all that stuff. Thanks to the help of this forum I ended up getting several of them written off, and I paid the ones I believed I was legally obliged to p
I am new to this forum and hope that someone could guide me. I got into financial difficulties back in 2001 with credit cards and loans. Between my wife and I we had debts of £ 76k. In order to resolve matters we went into a DMA with Pay-plan and from 2001 until 2008 managed to reduce the debts to around £ 46k. We have never had any CCJ's against us and made no use of the cards since 2001. I have not had any credit since that time. In 2008 my wife and I separated and divorced in 2009. As we had no assets the Divorce Consent Order was that I would continue to repay debts at £ 63