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  • FIRST POST
    • Jiggysaw
    • By Jiggysaw 17th May 17, 6:27 PM
    • 4Posts
    • 0Thanks
    Jiggysaw
    Advice on best way to go
    • #1
    • 17th May 17, 6:27 PM
    Advice on best way to go 17th May 17 at 6:27 PM
    I have about 8000 of debt and it slowly goes up gradually. No job very little prospect of getting a proper one due to my town being in a state. Ive battled with this for years just getting by but its getting tougher and credit cards literally my only source of income when things get bad.

    Struggle to get by on dole money and in all honesty not much of a future to look forward to.

    I hear about these debt management things and bankruptcy but not sure if itd be worth going down any of these roads. If i cut off any means of getting cash (credit cards when desperate) its very very scary but obviously battling on like this is not ideal.

    Any genuine advice? Got no savings, no assets and just live minute to minute.
Page 1
    • nikongirl
    • By nikongirl 17th May 17, 7:17 PM
    • 131 Posts
    • 141 Thanks
    nikongirl
    • #2
    • 17th May 17, 7:17 PM
    • #2
    • 17th May 17, 7:17 PM
    Sorry to hear you're having a hard time. I've been there, as have many people who frequent these forums.

    Can you post a SOA? http://www.stoozing.com/calculator/soa.php This will help us see where your money is going and the more we know the more we can try to help.
    Debt at LBM 3/14: 27661 11878 | 500 Overdraft | 2275 Council Tax | 910 CCJ | 800 Overdraft | 1800 Marbles | 7580 5283 Egg | 14735 6595 Family
    Quidco Earnings 11/06-03/15: 330
    • sourcrates
    • By sourcrates 17th May 17, 8:53 PM
    • 10,568 Posts
    • 10,351 Thanks
    sourcrates
    • #3
    • 17th May 17, 8:53 PM
    • #3
    • 17th May 17, 8:53 PM
    Perfect candidate for a debt relief order.

    Info here :

    https://www.stepchange.org/Howwecanhelpyou/DRODebtrelieforder.aspx?WT.srch=1&WT.mc_id=288026& WT.seg_1=dro&gclid=CMG9_v_Z99MCFeKV7QodcvMDhw

    These can be up and running within a week, sort your debts out once and for all.
    I'm a Board Guide on the Debt-Free Wannabe, Credit File And Ratings, and
    Bankruptcy And Living With It, boards. I'm a volunteer to help the boards run smoothly, and I can move and merge posts there.
    Board guides are not moderators and don't read every post. If you spot an abusive or illegal post then please report it to forumteam@moneysavingexpert.com. Any views are mine and not the official line of MoneySavingExpert.com.

    For free debt advice, contact either : Stepchange, National Debtline, or, CAB.
    For Legal advice see : http://legalbeagles.info/
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