Don't know where to start

Jill_Kennedy · 23 October 2007 at 8:02PM

Please help!!!

I have been to a solicitor and have tried one of these national debt agencies but have got no where. The porbkem is wherea i have a high level of debt i can cover it but my previous employers are suing me for £75,000 and are refusing to enter into an IVA.

I have about £25,000 equity in my house - rest is owned by h or in mortgage and about £40,000 other debts. I don;t wnat to go bankrupt as i am sacred of affect on elderly parents. I am worried about what old firm can do re house etc. They have said they don't want to make me bankrupt

am driving around thinking of ending it. Have already tkaen one od

Have tried national debt helpline to no avail

any ideas

Gillianh2 · 23 October 2007 at 8:09PM

Jill,,

Please dont go doing or thinking anything silly. There are lots of people on here who can and will give you very good advice.
You need to be a little more clear on exactly what the problem is and how the debt is due to your ex employer. If you feel strong enough you might want to post an SOA (statement of affairs) this will list all your income and all your outgoings. You will be amazed at all help and advice you can and wil recieve. Please remember almost everyone who visits this site has been or is in a very difficult place right now. But with advice help and guidance they come thru it.

Please try and post and tell us a little more detail of your problem.

)))))))))))))))))HUGS))

katglasgow · 23 October 2007 at 8:11PM

Jill, please dont do anything silly there's people that can help you. I'm sure the one thing your parents want more than anything is to have you arround.
I am very much a moneysaving novice but there are loads of people who use third site who will read your post and give you some good support and avdice, please just keep an eye on your thread.
Karyn x

evondoll · 23 October 2007 at 9:02PM

Don't give up on life because of debt.....I know how stressfull it is, but there are people who can help you through it.

You mentioned that you were scared of how going bankrupt would affect your parents.....well I'm pretty sure that you commiting suicide will effect them far far worse

I know you don't need a lecture....I've felt suicidal many times in my life but I guess its hard to think straight when you feel that way and put things in perspective.

(((((SafeHugs)))))

Love E x

BizzyBek · 23 October 2007 at 9:06PM

Firstly, no amount of money (or lack of) is worth your life. Please post here for support and there'll be other suggestions of where you can get support for yourself which is a primary concern.

Make a cuppa, sit down and see how much you can tell us and I'm sure lots of suggestions will come your way.

tigtag02 · 23 October 2007 at 9:11PM

Hey Jill and welcome to MSE & DFW

Big big hugs to you (not doing the smiley coz it looks rude

).

Please, please remember that debt is not the b all and end all of everything. No, its not nice and we would all rather be without it but you are certainly NOT alone

You have had your lightbulb moment now and that coupled with joining here is the begining of the end of your debt ~ whenever you are feeling down or despondant there is usually a miriad of likeminders around to lift you back up again.

You could also post your SOA if you're feeling brave and there may be ways that we can find for you to cut back. CCCS and payplan are also an option but I dont know too much about them to advise further.

Welcome again and rest assured you are in safe hands here

tigtag
xx

Don't know where to start

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