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  • FIRST POST
    • motivated
    • By motivated 28th Jan 17, 4:51 PM
    • 2,273Posts
    • 3,392Thanks
    motivated
    Debt Demolisher
    • #1
    • 28th Jan 17, 4:51 PM
    Debt Demolisher 28th Jan 17 at 4:51 PM
    Hi MSE ers

    Have plucked up the courage to admit that I cannot cope financially.

    Long story short. We are £82,590 in Credit card and Loan debt basically spent on nothing but shopping, holidays, clothes and household things.

    We are not in arrears or any CCJs at present but fear this will not last.

    I completed the step change debt remedy tool thing today and it advised me to ring them on Monday Petrified at the thought of phone calls, bailiffs at my door and threatening letters etc. I don't even know what to expect about the process etc.

    What do I have to show for it all NOTHING

    So angry with myself but I do feel a little easier as it seems I have woken up and am willing to face it all, pay it all off and remove a lot of the stress I have every month.

    Myself and My OH both work and are both willing to pull together to sort this sorry mess out. I am hoping that keeping a diary and soaking up some excellent tips and advice will see us through to the end.

    I have seen some excellent advice and encouragement given on here and have thoroughly enjoyed reading all of the advice and diaries.

    One day I will be advising others (I hope)

    Please be gentle with me
    M
    Last edited by motivated; 30-05-2017 at 10:33 AM.
Page 16
    • motivated
    • By motivated 9th Jun 17, 6:38 PM
    • 2,273 Posts
    • 3,392 Thanks
    motivated
    Hello diary world.

    Fridayyyyyyyy . So need a weekend off to do what I want when I want. Have a lovely relaxing evening to myself and I intend to make the most of it. DH is visiting family for the day and night. Will be returning home tomorrow.
    So far I have changed beds, cleaned the bathroom, hung washing out and hoovered through. Had a shower already made a cup of tea and the evening is all mine. I have the TV remote too . Is it a man thing where they have to be in charge of the remote and constantly flick through the channels? I don't even have the TV on at the minute I'm just enjoying the peace and quiet.

    Also came home to a letter from one of our CCs stating that the debt is unenforceable . I had a feeling about it because it's so old lol. Anyway I need to wait till they sell it on and then I plan to offer a F&F settlement on it to close it down. This is a boost I needed and It's much appreciated I can tell you.

    Payday for me on Thursday and I need this too, I need to build up my funds again.
    Hope everyone is also looking forward to a nice weekend too
    M
    I have arrived in DMP land and I like it, I may stay a while
    Short term goal £735/£1796

    0/98 payments
    SPC # 91
    • Treadingonplaymobil
    • By Treadingonplaymobil 9th Jun 17, 7:02 PM
    • 1,060 Posts
    • 10,158 Thanks
    Treadingonplaymobil
    Haven't caught up with your diary for a few days, sorry to hear about your dog, such a sad time when you lose a pet.

    Unenforceable debt sounds positive, it sounds like you're really keeping on top of all the paperwork and management of the DMP.
    £67,031.92 is a frightening number indeed... The debt free diary of one family and their enormous debt
    LBM debt on 12th Feb 2017/DFD: £58,608.13/1st Dec 2026
    debt on 2nd Aug 17/DFD: £55,011.96/1st May 2025
    • motivated
    • By motivated 9th Jun 17, 7:08 PM
    • 2,273 Posts
    • 3,392 Thanks
    motivated
    Haven't caught up with your diary for a few days, sorry to hear about your dog, such a sad time when you lose a pet.

    Unenforceable debt sounds positive, it sounds like you're really keeping on top of all the paperwork and management of the DMP.
    Originally posted by Treadingonplaymobil
    Hi TOPM and thank you. The vet bills are all paid now but has left us basically back to square one. Although it's a bonus that we've managed to pay it out of our own money and not the dreaded CCs. I will work on building up the funds again each month and move on from there.

    I've found self managing easier than I'd expected to be honest. It's only from what I've learnt on this site. It's a Godsend. It also feels better to be in control of the payments etc. It's tiring this debtbusting isn't it at times.
    M
    I have arrived in DMP land and I like it, I may stay a while
    Short term goal £735/£1796

    0/98 payments
    SPC # 91
    • Tipsntreats
    • By Tipsntreats 10th Jun 17, 8:23 PM
    • 8,396 Posts
    • 10,693 Thanks
    Tipsntreats
    Hi again
    Debt-busting really is like snakes and ladders at times. But you will get there, and I am sure you will then support others through your own experience.
    Have a lovely weekend all who visit here.
    • motivated
    • By motivated 10th Jun 17, 8:43 PM
    • 2,273 Posts
    • 3,392 Thanks
    motivated
    Originally posted by Tipsntreats

    Cake mmmmmmm

    Hi tips and welcome back. I WILL get there one day, that I do know. My overall total has reduced a bit due to the unenforceable one so I am pleased about that. Its a start anyway.
    M
    I have arrived in DMP land and I like it, I may stay a while
    Short term goal £735/£1796

    0/98 payments
    SPC # 91
    • Treadingonplaymobil
    • By Treadingonplaymobil 11th Jun 17, 5:38 AM
    • 1,060 Posts
    • 10,158 Thanks
    Treadingonplaymobil
    Snakes and ladders is a great way to describe it. But slowly and surely we move forward and the totals go down rather than up.
    £67,031.92 is a frightening number indeed... The debt free diary of one family and their enormous debt
    LBM debt on 12th Feb 2017/DFD: £58,608.13/1st Dec 2026
    debt on 2nd Aug 17/DFD: £55,011.96/1st May 2025
    • motivated
    • By motivated 11th Jun 17, 7:06 AM
    • 2,273 Posts
    • 3,392 Thanks
    motivated
    Snakes and ladders is a great way to describe it. But slowly and surely we move forward and the totals go down rather than up.
    Originally posted by Treadingonplaymobil
    Let's hope we get more snakes than ladders along the way eh TOPM

    As I have no CCs now my totals are coming down slowly. I think they will start to pick up around Christmas time as (hopefully) I would have built up some much needed funds behind me again and then I will start to up payments to one of the CCs and knock them off one by one. That's the plan in my head anyway and as long as nothing else gets in the way ( you know what it's like) I should be ok.

    It's amazing how the sky hasn't fallen in around me without CCs. Just shows I was using them willy nilly. Lesson learned.
    M
    I have arrived in DMP land and I like it, I may stay a while
    Short term goal £735/£1796

    0/98 payments
    SPC # 91
    • vaper
    • By vaper 11th Jun 17, 8:55 AM
    • 100 Posts
    • 86 Thanks
    vaper
    Hi M
    Just catching up with things on here. Sorry to hear about your dog, I know how it feels. :-(
    I read about your good news re BC that's brilliant news.
    Good luck with being self managed, you are very brave
    • motivated
    • By motivated 11th Jun 17, 9:10 AM
    • 2,273 Posts
    • 3,392 Thanks
    motivated
    Hi M
    Just catching up with things on here. Sorry to hear about your dog, I know how it feels. :-(
    I read about your good news re BC that's brilliant news.
    Good luck with being self managed, you are very brave
    Originally posted by vaper
    Hi vaper and thanks

    As for being brave I'm still a little its very overwhelming but Ive learnt so much from the wonderful people on here its whats got me where I am today. Still have a long way to go. I cant even imaging what It will feel like when I get closer to the finish line.

    Hows things with you. All going well I hope
    M
    I have arrived in DMP land and I like it, I may stay a while
    Short term goal £735/£1796

    0/98 payments
    SPC # 91
    • Tipsntreats
    • By Tipsntreats 14th Jun 17, 6:53 PM
    • 8,396 Posts
    • 10,693 Thanks
    Tipsntreats
    Just thought I might drop in on your diary Moti.
    Remember lower bills as no heating. Less washing as we are wearing Summer clothes.
    Higher spirits as we now have Summer.
    A little fun as you have joined the madhouse thread at the Arms - and it's free.
    • motivated
    • By motivated 14th Jun 17, 6:59 PM
    • 2,273 Posts
    • 3,392 Thanks
    motivated
    Just thought I might drop in on your diary Moti.
    Remember lower bills as no heating. Less washing as we are wearing Summer clothes.
    Higher spirits as we now have Summer.
    A little fun as you have joined the madhouse thread at the Arms - and it's free.
    Originally posted by Tipsntreats
    Hi miss tipsy
    Thanks for popping in. Maybe you are mystic beacause I only thought this morning that I haven't needed to top up my gas for about 10 days and still have plenty on my meter. We are mostly leccy in this house, the only gas we use is for hot water and heating. We certainly haven't had the heating on the weather is lovely here but we have all showered and bathed ( honest)

    The mad house is good fun and a little light relief.

    Payday tomorrow . And DH picked my four legged best friends ashes up today. All vet bills paid and now I can focus on building up my funds again ( phew)
    M
    I have arrived in DMP land and I like it, I may stay a while
    Short term goal £735/£1796

    0/98 payments
    SPC # 91
    • motivated
    • By motivated 17th Jun 17, 8:01 AM
    • 2,273 Posts
    • 3,392 Thanks
    motivated
    Random update coming right up

    Haven't updated too much lately, must try not to get distracted by useless nonsense. 'Family dramas' *sigh* DH is being a right plonker at the minute and I cant be dealing with it. Got me down a bit the past couple of days and now I refuse to let it get to me anymore (she says hopefully)

    Anyway I have started my little pots of savings again, still only small amounts but its a start. Didn't manage to bash my small term goal as much as id hoped but I paid some towards it so a small bonus there. Next months payday I aim to pay a chunk to it if all goes to plan.

    The BC that said they were unable to enforce, have sent another letter saying that they can enforce it now as they have located the correct paperwork and sent it to me. Whether its right or not I have no idea. Well it was good while it lasted. The postman usually brings me finance letters on a Saturday so I will see if there is anything nice in there today for me

    Managed to do a grocery shop online with a £20 off an £80 shop. Took big advantage of that one and got a nice grocery shop for £60 this week. Happy days.

    Planning a chilled day pottering around the garden having a general tidy up. Will try not to get sunburn this weekend like the last. I've started to peel now and it looks

    I have also worked out that I have 21 working days until I get 6 weeks off woohoooo Cant wait for that one.

    Enjoy the sunny weekend all
    M
    I have arrived in DMP land and I like it, I may stay a while
    Short term goal £735/£1796

    0/98 payments
    SPC # 91
    • Tipsntreats
    • By Tipsntreats 26th Jun 17, 2:51 PM
    • 8,396 Posts
    • 10,693 Thanks
    Tipsntreats
    Hi Moti
    I thought I would visit Your dairy.
    I have an idea for you.
    I will PM details when I find the information.
    It is a way to make some money this Summer.
    • motivated
    • By motivated 5th Jul 17, 9:16 PM
    • 2,273 Posts
    • 3,392 Thanks
    motivated
    Hi Moti
    I thought I would visit Your dairy.
    I have an idea for you.
    I will PM details when I find the information.
    It is a way to make some money this Summer.
    Originally posted by Tipsntreats
    Hi Tips and I like the idea of making money yes

    Not updated my diary (again). I have let it slip as I get distracted on other threads that are a lot happier than my constant droning on about money and debt lol. Anyway I don't really have any financial news only that I'm still plodding along and waiting for payday next week so I will finally have some spare money to start my savings again. But I am still glad that my vet bills were paid by us and not Barclaycard or MBNA. This is a massive step forward for us.

    Looking forward to having the school holidays off so I can recharge my batteries and get our finances back on track. Get my savings plans back up and running and move forward again.

    Myself and DH are still getting along nicely, although every now and again he needs a little reminder about his spending habits
    M
    I have arrived in DMP land and I like it, I may stay a while
    Short term goal £735/£1796

    0/98 payments
    SPC # 91
    • Tipsntreats
    • By Tipsntreats 6th Jul 17, 6:53 PM
    • 8,396 Posts
    • 10,693 Thanks
    Tipsntreats
    Oh dear, Moti, I know you need a break, but it is good money during the holidays.
    If you need a rest then no point suggesting it.
    Just trying to help.
    Tips x
    • motivated
    • By motivated 6th Jul 17, 6:59 PM
    • 2,273 Posts
    • 3,392 Thanks
    motivated
    Oh dear, Moti, I know you need a break, but it is good money during the holidays.
    If you need a rest then no point suggesting it.
    Just trying to help.
    Tips x
    Originally posted by Tipsntreats

    I'm curious now though lol. What is it Tips
    M
    I have arrived in DMP land and I like it, I may stay a while
    Short term goal £735/£1796

    0/98 payments
    SPC # 91
    • Tipsntreats
    • By Tipsntreats 6th Jul 17, 8:14 PM
    • 8,396 Posts
    • 10,693 Thanks
    Tipsntreats
    I am unsure of the rules on this, so I will send a link through PM.
    Nice little legal earner for you.
    • motivated
    • By motivated 22nd Jul 17, 10:47 AM
    • 2,273 Posts
    • 3,392 Thanks
    motivated
    skulks back in with head hanging low.

    Have been AWOL again and have no excuse for it other than I have been around but distracted again elsewhere on here. I sometimes feel that my diary is boring as since I have gone self managed on my DMP not much happens to be honest.

    On a more positive note our savings pots are building up slowly again, I try to add something to each one every week even a small amount makes me feel like I'm making some progress and a bigger amount on my payday. I have a figure in my head that I would like to be at come December. Fingers crossed I make that goal.
    I have also been trying to list things on eBay but keep getting the message 'please link a genuine email to your PayPal account'. Can't fathom what's going on as we've never had an issue before.

    Am off work now for 6 whole weeks and so far am enjoying the rest. I will probably get bored by the end but will try and make the most of it. Not going away as such but have a few ideas on cheap days out etc. We also need to find the money for a trip abroad next year as DD has informed us she is getting married and has booked it all Serious savings need to be done in the Motivated household.

    Have been getting along nicely with DH. I think the penny has finally dropped and he is less flippant with money. Is that even the right phrase . It just sounds good. We are pulling together a lot more now and life is a lot easier when we do.

    I constantly read other people's diaries for inspiration and tips too. It's amazing how well people do on their debt busting journeys when they put their minds to it.

    Will update more often (if you're still awake and reading)
    M
    I have arrived in DMP land and I like it, I may stay a while
    Short term goal £735/£1796

    0/98 payments
    SPC # 91
    • boxofpaws
    • By boxofpaws 22nd Jul 17, 11:08 AM
    • 404 Posts
    • 1,735 Thanks
    boxofpaws
    I am back and I am reading. There is nothing dull about hearing about prgress other people are making on their debts, I LOVE it.
    Debt 03/01/17 = £42000
    Debt today = £31900
    • motivated
    • By motivated 22nd Jul 17, 11:23 AM
    • 2,273 Posts
    • 3,392 Thanks
    motivated
    Hi BOP

    Sometimes life just gets in the way doesn't it. I need to be more,on the ball. After my four legged best friend died I have tried not to be too miserable and I found my diary a little . But already I am thinking about giving a rescue dog some much needed love. I have never been without a four legged friend and think there are thousands of dogs out there that need a forever home. Now I'm just rambling
    M
    I have arrived in DMP land and I like it, I may stay a while
    Short term goal £735/£1796

    0/98 payments
    SPC # 91
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