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Get the creditors to pay my debts

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Hi all,


I have been reading this amazing forum, I would like advice for my situation. I

have struggled for years with debts that I accumulated when I was student but for the past 5 years or more,

I have been living on strict budget to pay off all my debts but this year my husband lost his job,

and I lived on my credit card to pay for our living, just for necessary thing, no luxury.


Last month, I hit a breaking point and I can not live like this any more, and especially that I started on payday loans which were increasing every month.

I decided to go bankrupt but I don’t have the fund to do it yet.

I have been reading this forum, and I decided different route, as I can’t claim ppi if I am bankrupt or charges I think.


My situation is in this shape because of all the bank charges and overdraft charges that I can’t get out of .

I also was stupid that all my salary was taken by credit cards payments in the beginning of the month,

that I can’t afford my rent or council tax. I now opened co-op basic account and will transfer my salary to it.


The plan, is to pay £1 to each creditor, and claim my charges back


My debts


3 overdraft accounts which cost me at least £105 a month


Halifax cc balance £2500, I asked for SAR and charges with 8% amount to £2800


Halifax loan original £5000 only £700 left, payment of £127 monthly,

I had ppi on this one for a year,

I then asked them to cancel it,

they told me I have to start a new loan without ppi,

I think the ppi will cover it.

Barclaycard cc £3500 I am waiting for SAR, this is since 1998,

and I assume there is a lot of charges when I was young and stupid.

Barclays professional loan,

been paying this for ever!!

it was 9 years loan and £4000 left, took it to fund my studies.


Natwest cc balance only £200 left on this one, I had both ppi, and charges, still waiting for SAR.

Hsbc cc balance £1250 no ppi or charges on this one.


Vanquish cc balance £1500 no ppi or charges

Aqua balance 750 no ppi or charges

Opus cc balance £2800 I don’t think ppi or charges

And then two payday loans wonga and payday uk, amounts £500 and £800.


Any advice, tips on my plan,

I don’t care that my credit card will be trashed now,

and if they make me bankrupt it is good too.

All my debts are very old except hsbc which is two years old, and the payday.


I will claim my credit card charges,

is it possible to claim bank charges especially Halifax overdraft fees that made my situation worse.

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If you have charges and PPI which was mis sold then yes, go for it - start your reclaiming.

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1: Making a PPI claim ? - Q & A's and spreadsheets for single premium policy -


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2: Does your Bank play fair - You can force your Bank to play Fair with you

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4: BCOBS and Unfair Treatment - Common Examples of Banks Behaving Badly

5: Fair Treatment for Credit Card Holders and Borrowers - COBS




Advice & opinions given by citizenb are personal, are not endorsed by Consumer Action Group or Bank Action Group, and are offered informally, without prejudice & without liability. Your decisions and actions are your own, and should you be in any doubt, you are advised to seek the opinion of a qualified professional.



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