really scared DMP will they except it really?

kickingkay

ive posted earlier about the amount i owe i have contacted CCCs and have an appointment in 3 weeks with a councilor i am at presant working out down to last penny how much i can afford realistically and with debt of £74266.23
yes thats right i am only able to offer a pro rata amount of £150 can i really expect them to except this im so depressed i have gamblings probs and i just dont know how to get through today with out gambling or crying,
i will ring them GA to get some advice on how to stop,
but im so worried about sending out thse letters im terrified now its got so out of control i think iwas just kidding myself earlier and now i dont know if i can get throiugh this
is there anyone out there with debts of my scale on same repayment basis or anyone whose debts are going to take about 13 yrs to pay back?

very lonely scared desperate
klare xx

Nevergambleagain

Klare
First things first, phone GA, 08700 508880 or look on http://www.gamblersanonymous.org.uk/ find your nearest meeting and attend. There are people at the meetings who have been in the same position as you and will be able to offer advice on how to stop gambling.
Once you have started to tackle that you can start to tackle the money worries. I will guarantee that if you stop your gambling with the help of GA your life will get better, but keep on gambling and your life can and will only get worse.
You can recover from this. trust me I did.
Best of luck.
Dan

earthboundboy

I would add that the CCCS are fantastic - they were very reassuring and their support gave me the confidence and knowledge to deal with our situation. They will not judge you. Creditors cannot take money from you that you don't have!

I think our debt free date on current payments is some hazy distant date that seems dreadful now - don't forget though that as you learn how to get things under control your situation should improve and you may find yourself in a position to pay more as time progresses. The main thing though is that you can start to get some control back, and I found a degree of sanity too!

searchingforlight

Hi,
I don't know the answer to your question about whether creditors will accept the pro-rata payments but I just wanted to say that you are doing the right thing by trying to deal with the debts through the CCCS and also trying to tackle the underlying issues through GA. Some days will feel tougher than others - some hours or minutes will feel tougher than others, but please know that there will be many people wanting to support you as you try to deal with things.

My debts are around £90k and CCCS have worked out I need to make a monthly payment to them of £270 to be split among 17 different creditors (they say it will take 22 years on this basis to clear the debts). I honestly don't know if that is going to be accepted but I completely trust CCCS to know what they are doing. They have said that even going on a DMP will not guarantee that creditors will accept it, freeze interest and charges, or not taking us to court, but we can at least try.

Stick with it, moment to moment, and know that you are not alone in this. Take care.

kickingkay

hi i have drawn up all letters now explaining about situation etc and called mbna bank also who were very good in theory, they did state that when recieving the amount offered they would only freeze interest if they found it to be our best offer,
so our hoipe is with the gods now and hope that all creditors accept our offers
my plan is to pay x for 12 months then pay a bit more etc each year in four yrs my youngest will be at school so i wont be paying childcare cost thnakfully and will be able to pay a bit more 3x more so on that basis
my debt free day will be dec 2017
only 12 yrs away ;-)
please keep in touch let me know how you get on with CCCS my appointment isnt for another 3 weeks yet
take care
klare xx