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[lainey87 WANTED $5 Blocked]

Haz40 wrote:

lainey87 wrote:

Sal139 wrote:

To the ‘I’m not paying my debts and they will go after 6 years’ group (I’ll come up with something more catchy.)

Source for the info below is from step change:

Mortgage shortfalls have a longer limitation period of twelve years for the money you borrowed (the ‘capital’), while the interest charged on this has a limitation period of six years

If the creditor has already obtained a court judgment or order before the limitation period passed the debt can never become statute-barred

Another option is don’t contact the creditor and hope that the limitation period ends before they start court action. We don’t recommend you take this approach. If a creditor hasn’t had any contact or payment from you for a long time they may start court action just before the limitation period ends. Ignoring a debt greatly increases the chances you’ll end up with a CCJ, decree or money judgment, which you may have been able to avoid by getting in touch with the creditor sooner.

 

No the debt stays with you for life. But the ccj doesn’t. So after the 6 years the ccj is gone. So you no longer pay the ccj. If the company wishes to they can take you to court again after the 6 years to obtain another ccj. But on credit cards loans ect this is very unlikely this will happen.. of they haven’t managed to obtain all the cash in 6 years I can’t see them doing it all over again. Citizens advice will tell you exactly the same.

So the debt stays with you for life. So what myself and sal139 are saying is not incorrect.

Yes it stays for life. But they won’t chase you after the ccj. Never read a story or heard Anyone who has had a ccj twice. Debt free in my opinion. My credit credit is back to normal, with £900 credit available on card and 5 ccjs waiting to drop off..

[lainey87 WANTED $5 Blocked]

thunderball6 wrote:

So u own 50% off your  house , 50k a year job.  And u owe 16k . I would take that right now .

Yes it stays for life. But they won’t chase you after the ccj. Never read a story or heard Anyone who has had a ccj twice. Debt free in my opinion. My credit credit is back to normal, with £900 credit available on card and 5 ccjs waiting to drop off..

[lainey87 WANTED $5 Blocked]

And to make this as clear as possible. Stop messing around on a silly forum talking to gamblers about debt.. 99.% of them are in debt because of the same problem as you.. go to citizens advice and sort it out.  They will tell you what I have just wrote.. ignore.. if you don’t go you will only get worse.. you can’t win this money back. It’s gone.. long gone.. get off this forum and on Monday go to citizens advice for help with debt.. once you get someone professional explaining this to you then you will understand more clearly and no longer have suicidal thoughts.. debt is only money. It goes away after so many years.. things do get much much better.

[lainey87 WANTED $5 Blocked]

Sal139 wrote:

To the ‘I’m not paying my debts and they will go after 6 years’ group (I’ll come up with something more catchy.)

Source for the info below is from step change:

Mortgage shortfalls have a longer limitation period of twelve years for the money you borrowed (the ‘capital’), while the interest charged on this has a limitation period of six years

If the creditor has already obtained a court judgment or order before the limitation period passed the debt can never become statute-barred

Another option is don’t contact the creditor and hope that the limitation period ends before they start court action. We don’t recommend you take this approach. If a creditor hasn’t had any contact or payment from you for a long time they may start court action just before the limitation period ends. Ignoring a debt greatly increases the chances you’ll end up with a CCJ, decree or money judgment, which you may have been able to avoid by getting in touch with the creditor sooner.

 

No the debt stays with you for life. But the ccj doesn’t. So after the 6 years the ccj is gone. So you no longer pay the ccj. If the company wishes to they can take you to court again after the 6 years to obtain another ccj. But on credit cards loans ect this is very unlikely this will happen.. of they haven’t managed to obtain all the cash in 6 years I can’t see them doing it all over again. Citizens advice will tell you exactly the same.

[lainey87 WANTED $5 Blocked]

thereelslotgrinder wrote:

lainey87 wrote:

PsychicSnail wrote:

@Iainey87 Not only is it terrible advice, it’s also a horrible attitude. They are his debts (and yours in the past). Why the hell should he not pay at least a good chunk of it off if he can.

If you don’t pay your debts, then somewhere down the line I do. And why the hell should I bear the burden of your stupidity.

Goes to show uve never been in debt. Citizens advice would tell you exactly what I wrote.. non priority debts come last.. ignore them.. plain and simple.. that’s how it works. I have 2 defaults dating back to 2014 of £100 in total which drop off this year. And 5 ccjs totaling to £6k which start to drop off in 2 years. I pay £1 per month to each ccj for 6 years. I’m debt free. That’s how it works.. learn about debt before posting silly things, weather it’s right or wrong that’s how debt works. Hende

Well I can vouch that its also terrible advice because it what I did and look at the fucking state of  me.

I have a CCJ that expires in about 6 months, well guess what….another company have bought up the debt and issued me a CCJ so  now its another 6 years on my record. Brilliant…..

The biggest problem I have, and I don’t think anyone gets this…. other people have got themselves in debt for me, so I can’t talk to stepchange or any of these other people, what can they do in that situation?! I can’t not pay back the loans to family when they need to pay it back immediately to avoide getting in the situation I am in. I have fucked their credit now, it makes no fucking sense that I can afford to get out of this with a loan and don’t get that option. I’ve never had that option. I don’t know why. “Rich” people do this all the time, juggling debt around, moving to 0% offers all the time etc. I  didn’t get this option before I had even started gambling, it was the sheer insanity of it all that lead me to gambling.

And no, I don’t blame other people who win for me losing, what sort of logic is that….but there seems to be a sense of superiority amongst gamblers here who don’t have gambling problems….very good for you.

Doesn’t work like that. They have sold the ccj because they are getting no money off you. But a ccj cannot restart unless the 6 years is over and they apply to the court again for a ccj once again.. it doesn’t just automatically restart because someone buys it.. go see citizens advice for clarification

[lainey87 WANTED $5 Blocked]

Haz40 wrote:

lainey87 wrote:

Haz40 wrote:

That is the worst advice I’ve ever heard from lainey87. For starters once you acknowledge the debt it is impossible for the debt to become statute barred. You have entered into an agreement by paying £1 a month therefore keeping the debt alive until either you die or you have paid the debt off. Ignoring letting and calls risks baliffs coming to your house. Even if the goods in your house are not yours they can still be removed if the rightful owner has no receipts or proof of ownership. Work with the companies you owe. They will understand and by law your priority bills must be paid first. Rent/mortgage council tax etc. You will be probably asked to complete an income and expenditure form to see what you can afford to repay. Don’t leave yourself short and remember if you ever have the opportunity to repay the debt in one payment most debt companies will accept up to 75% discount as full and final payment. This will go on your credit report as only partially settled for 6 years. Ignoring debts is the worst thing to do.

Wrong. U don’t acknowledge the debt. You wait till a ccj drops through your door. The ccj only lasts 6 years. You ‘vary the judgement’ with the court and offer to pay £1 per month.. you only pay a ccj for 6 years.. you don’t contact any debt collectors or pay any money unless a ccj is issued. Read the post again. Worked for me and debt free

Then maybe that’s where you and i are different. I borrowed the money so i pay it back. I’m currently 3k paid into an 8k debt paying £140 a month with no interest added ( 4 creditors). I still have more than enough spare after bills to enjoy life and save. I sleep soundly at night knowing i haven’t conned anyone out of money. It was always drummed into to me that if you borrow you pay back. This way I’ll never have ccj’s no nasty letters no knocks at the door and most importantly i work to do that.

You do that, but citizens advice will tell you what I just wrote. You won’t have people knocking on your door lol.. that’s for the idiots who don’t pay a ccj, it then goes to high court.. you ‘vary the judgment’ on a ccj and ask the court to pay the minimum each month. Doesn’t matter about ccjs, you can still obtain credit with them. I have a aqua card now with 900 limit with 5 ccjs. Debt free and pay £1 per month to 5 company’s for 6 years. Currently 4 years in on one of them. You should of gone to citizens advice and got proper info before paying back a giant debt

[lainey87 WANTED $5 Blocked]

PsychicSnail wrote:

@Iainey87 Not only is it terrible advice, it’s also a horrible attitude. They are his debts (and yours in the past). Why the hell should he not pay at least a good chunk of it off if he can.

If you don’t pay your debts, then somewhere down the line I do. And why the hell should I bear the burden of your stupidity.

Goes to show uve never been in debt. Citizens advice would tell you exactly what I wrote.. non priority debts come last.. ignore them.. plain and simple.. that’s how it works. I have 2 defaults dating back to 2014 of £100 in total which drop off this year. And 5 ccjs totaling to £6k which start to drop off in 2 years. I pay £1 per month to each ccj for 6 years. I’m debt free. That’s how it works.. learn about debt before posting silly things, weather it’s right or wrong that’s how debt works. Hende

[lainey87 WANTED $5 Blocked]

Haz40 wrote:

That is the worst advice I’ve ever heard from lainey87. For starters once you acknowledge the debt it is impossible for the debt to become statute barred. You have entered into an agreement by paying £1 a month therefore keeping the debt alive until either you die or you have paid the debt off. Ignoring letting and calls risks baliffs coming to your house. Even if the goods in your house are not yours they can still be removed if the rightful owner has no receipts or proof of ownership. Work with the companies you owe. They will understand and by law your priority bills must be paid first. Rent/mortgage council tax etc. You will be probably asked to complete an income and expenditure form to see what you can afford to repay. Don’t leave yourself short and remember if you ever have the opportunity to repay the debt in one payment most debt companies will accept up to 75% discount as full and final payment. This will go on your credit report as only partially settled for 6 years. Ignoring debts is the worst thing to do.

Wrong. U don’t acknowledge the debt. You wait till a ccj drops through your door. The ccj only lasts 6 years. You ‘vary the judgement’ with the court and offer to pay £1 per month.. you only pay a ccj for 6 years.. you don’t contact any debt collectors or pay any money unless a ccj is issued. Read the post again. Worked for me and debt free

[lainey87 WANTED $5 Blocked]

Wrong. U don’t acknowledge the debt. You wait till a ccj drops through your door. The ccj only lasts 6 years. You ‘vary the judgement’ with the court and offer to pay £1 per month.. you only pay a ccj for 6 years.. you don’t contact any debt collectors or pay any money unless a ccj is issued. Read the post again. Worked for me and debt free

[lainey87 WANTED $5 Blocked]

Has to respond to this. Here’s my story and how to get out of the mess your in. Listen and forget what others tell you.. simple

6 years ago I was 14k in debt. Loans, credit cards, catalogs, phone contracts, pay day loans. Anything I could get my hands on. I had a cocaine and gambling addiction..

 

One morning at 5am after walking out of a casino. Broke. No money left. And I mean I maxed everything out I was walking home and stood on a train track bridge. I wanted to jump. But was too scared. Nobody knew about this 14k debt.

 

I eventually came down from the bridge and walked home. I lived with my dad.. I came home and told him I was 14k debt. He said… it’s done now.. you can’t do anything about it.. get on with your life.. so that’s what I did..

 

I ignored all the debts completely.. after 6 years they are statue barred. Forget bankruptcy.. after 6 years the debts are gone.. so the years went by, I ended up with 5 ccjs.. when you get a ccj you can ask the court to pay the minimum.. so I was on the dole.. I pay £1 per month for 6 years for each of those ccjs.. after 6 years they are gone.. I will still owe the money but I won’t be paying them a penny as the ccj leaves my credit record and they will have to take me to court again to get another ccj of they want there £1 a month again..

 

So Yes, just ignore them. Honestly.. pay your mortgage and ignore the loans and credit cards.. when they come at you with a ccj you have 30 day’s to pay anyway before it goes on your record. It’s not all as bad as you think..

 

I can’t be trusted with money at all.. I still gamble. I have a credit card. I don’t owe anything on it , I snapped it up lol.. I won 2.7k last month, clicked withdraw, reversed it and did £20 spins on kong megaways. Lost the lot.. but I’m not in debt..

 

Gambling gives you serious anxiety and depression. It ain’t worth it.. ur not chasing money. Your chasing dopamine that your brain releases.. it has nothing to do with money..

 

I watch bandits videos to stop me gambling. Plain and simple. He’s an idiot. He’s gaining off depressed people with anxiety.. but hey.. it’s a cruel world.. getting money from people who sign up? He has no idea what it’s like for these people. Most of them suicidal yet he’s making cash off them.. another story for another day..

 

Debt is east to get out of. My credit file has recovered. Yes I have 5 ccjs. But aqua have given me a card back, after my last debt with them was statue barred..

 

Don’t jump. Don’t do anything stupid.. don’t pay them.. just get on with your life.. in 6 years you will be debt free if you listen..

 

And I stop gambling when I don’t have access to cash.. get wages paid to mrs.. if you don’t have cash you can’t gamble..

 

U can’t win it back.. uve gone too far.. but in 6 years you can be debt free.

 

Enjoy life..

[lainey87 WANTED $5 Blocked]

Yes it’s dumb, I couldn’t even watch the video it’s not even fun.. something isn’t right. Nobody has 100k to gamble. This guy isn’t a celebrity. So 100k is a LOT of money to him. It’s either fake cash the casino have given him to promote the casino as they do with streamers, or he’s got a real gambling problem. I’m up 5k from gambling. I lost 700 the other day after chasing a 100 loss. But throwing away 5k? I’m not that daft.. all’s I can say is it’s either fake cash or you have a serious problem. U can’t even say o well it’s only 100k if u loose, so something isn’t right. Starting to think it’s fake cash to be honest. This guy doesn’t have 100k to loose, so it doesn’t add up

[lainey87 WANTED $5 Blocked]

£500

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