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Dealing with debt
CCCS_Matthew
Posts: 922 Organisation Representative
In light of Southern Scouser's comment on our introductory thread, I thought I would mention ways in which you can help the situation before having professional advice such as speaking to ourselves.
First thing's first, as always suggested on here it's best to complete an SOA/budget/financial statement. By that you can see exactly where you're money is going, and look at possible ways of cutting back. There are lots of people on here that seem to offer good ways in which you can do this and some people can often offer ideas that you may not have thought of yourself.
At this stage it's important that you have to live within your means, in other words the money you've got to ensure that the money you have got coming in is enough to cover your priorities. By priorities I mean the most important costs in life, i.e. rent/mortgage, any secured loans, council tax, utility bills, car costs, food and so one and so forth. These are the most important things that your money has to go on, as they have the greatest affect on your lifestyle. When you know that you can do that, it's then time to look at ways in which you can deal with your creditors.
As some of you may or may not be aware, we have an online advice facility known as Debt Remedy and can be found on our website here. Debt Remedy will allow you to enter all of the details of both your priority costs (living costs) and then the non priorities (creditors). After entering the information Debt Remedy will produce a tailored advice booklet offering you all the options that are relevent to you based on your situation. Obviously we always offer our services directly over the phone as an alternative, but Debt Remedy can be used at your own leisure, and may also be appealing to people that may feel more comfortable dealing with their situation without speaking to someone on a one-to-one basis.
If anyone has any questions, feel free to ask
Regards
CCCS
First thing's first, as always suggested on here it's best to complete an SOA/budget/financial statement. By that you can see exactly where you're money is going, and look at possible ways of cutting back. There are lots of people on here that seem to offer good ways in which you can do this and some people can often offer ideas that you may not have thought of yourself.
At this stage it's important that you have to live within your means, in other words the money you've got to ensure that the money you have got coming in is enough to cover your priorities. By priorities I mean the most important costs in life, i.e. rent/mortgage, any secured loans, council tax, utility bills, car costs, food and so one and so forth. These are the most important things that your money has to go on, as they have the greatest affect on your lifestyle. When you know that you can do that, it's then time to look at ways in which you can deal with your creditors.
As some of you may or may not be aware, we have an online advice facility known as Debt Remedy and can be found on our website here. Debt Remedy will allow you to enter all of the details of both your priority costs (living costs) and then the non priorities (creditors). After entering the information Debt Remedy will produce a tailored advice booklet offering you all the options that are relevent to you based on your situation. Obviously we always offer our services directly over the phone as an alternative, but Debt Remedy can be used at your own leisure, and may also be appealing to people that may feel more comfortable dealing with their situation without speaking to someone on a one-to-one basis.
If anyone has any questions, feel free to ask
Regards
CCCS
I am a Debt Counsellor that works for the CCCS and have specific permission from Martin, to post on these boards to try and help those in debt. Read more information on the CCCS and what it does in the Debt Problems: What to do and where to get help article.
CCCS is a registered charity, and there is no charge whatsoever for any of the services we provide to our clients. We take great pride in offering first class help and advice, but we only offer this where we have been able to fully explore and understand your circumstances with you. We want to help you understand these choices and their possible implications but not make them for you.
CCCS is a registered charity, and there is no charge whatsoever for any of the services we provide to our clients. We take great pride in offering first class help and advice, but we only offer this where we have been able to fully explore and understand your circumstances with you. We want to help you understand these choices and their possible implications but not make them for you.
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