Scott Nelson - Founder of MoneyNerd
Posts by Scott Nelson:
Debt Collector Rights: Contact, Visits and Complaints
Debt collectors do not have the same rights as bailiffs. They cannot forcibly enter your residence or seize goods. However, you shouldn't ignore debt collectors. If you do, further enforcement action could be taken. Let me explain...
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Can Bailiffs Take My Property for My Son’s Debt?
Bailiffs cannot take your belongings for your son's debt. They cannot force entry or take goods without a liability order or a warrant of control. Let me explain the process...
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When Does an Old Debt Become Statute-Barred?
Unpaid debt can be written off after six years in the UK. However, there is strict criteria for debt write off. Let me walk you through the process...
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Statute-Barred Debt Letter Template for England and Wales
A statute-barred debt can be rendered unenforceable and creditors can be legally stopped from contacting you about it. Dive in to discover how…
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Debt Limitation Periods in the UK: What the Time Limits Mean
The Statute of Limitations on UK debt is 6 years. But, there are strict conditions for this limitation period to be valid. Let me explain...
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When are student loans written off? UK repayment plans
Check your student-loan plan, cancellation date and refund rights; the rules are not limited to Plans 1 and 2.
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Debt and serious illness: payment support and write-off requests
Ask for affordable support, reasonable adjustments or a discretionary write-off, and compare formal options with free advice.
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Debt when going to prison: planning and support
Prison does not automatically cancel debt. Arrange communication, protect essential bills and get advice on benefits and court papers.
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Can credit card debt put your home at risk?
Understand charging orders, orders for sale and the steps to take if a credit card creditor starts court action.
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Remortgaging with credit card debt: options and risks
You might be able to remortgage with credit card debt. But, depending on your credit score, it could be very difficult to do so. Let me walk you through your options...
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Average UK mortgage debt: balances and repayment figures
Dated UK mortgage statistics, the difference between household averages and loan balances, and what they mean for your own budget.
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How long can debt collectors chase a debt? UK time limits explained
According to the Limitations Act 1980, a debt collector has six years to pursue your debt. However, there are important exceptions to this rule. Let me explain...
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How much debt can you have and still get a mortgage?
There is no universal UK debt-to-income cutoff. Learn how existing commitments affect affordability and what to check before applying.
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Chandlers Bailiffs: Your Rights, Fees and Payment Options
Don’t pay Chandlers Enforcement Agents unless you are sure that the debt is yours. If it is your debt, you should act within 7 days of receiving a Notice of Enforcement. Let me talk you through it…
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PO Box 140 Normanton WF6 1YA Debt Letter – Who is it?
If you've received a PO Box 140 Normanton 1F6 1YA debt letter, it is likely from Lloyds Banking Group. It’s important that you don’t ignore these letters as it could escalate to something serious. Let me walk you through your options….
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DCBL Debt Letters and Bailiff Notices: Your Options
Don't pay DCBL Bailiffs unless you are sure that the debt is yours. If it is your debt, you should act within 7 days of receiving a Notice of Enforcement. Let me talk you through it…
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Link Financial Debt – Should You Pay?
You might not have to pay Link Financial. But, it’s important that you don’t ignore them as it could escalate to something serious. Let me walk you through your options…
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Allied International Credit (AIC): Debt Letters and Your Rights
You might not have to pay Allied International Credit Debt. But, it’s important that you don’t ignore them as it could escalate to something serious. Let me walk you through your options…
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CRS Debt Letters: Check the Account and Repayment Options
You might not have to pay CRS Debt Collectors. But, it’s important that you don’t ignore them as it could escalate to something serious. Let me walk you through your options…
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Capita Debt Letters: Verify the Account and Get Independent Help
Check a debt letter from Capita or the named account administrator, understand your rights and deadlines, and explore affordable payments, disputes and free independent advice.
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