massive debts no money

simond503

did what the link told me can anyone make any sense of that mumbo jumbo at least it made me smile

shezza

Hi Simon, I would really recommend CCCS. I have had to ring them this week and they are the most helpful people. It kinda blows your mind talking to them at first, as there is so much information to take in, but once you have had an appointment with the counsellor, they send everything out to you (in an unmarked envelope), setting out everything you have discussed. Give them a call on 0800 138 1111, they are open 8am to 8pm Mon to Fri, it will be the best free call you make .

stebiz

Statement of Affairs and Personal Balance Sheet
Monthly Income Details

Monthly income after tax................ 1000
Partners monthly income after tax....... 764
Benefits................................ 400
Other income............................ 0
Total monthly income.................... 2164

Monthly Expense Details
Mortgage................................ 400
Secured loan repayments................. 0
Rent.................................... 0
Management charge (leasehold property).. 0
Council tax............................. 110
Electricity............................. 50
Gas..................................... 50
Oil..................................... 0
Water rates............................. 37
Telephone (land line)................... 50
Mobile phone............................ 50
TV Licence.............................. 12
Satellite/Cable TV...................... 37
Internet Services....................... 10
Groceries etc. ......................... 200
Clothing................................ 0
Petrol/diesel........................... 240
Road tax................................ 40
Car Insurance........................... 60
Car maintenance (including MOT)......... 33
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 0
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 0
Life assurance ......................... 0
Other insurance......................... 23
Presents (birthday, christmas etc)...... 50
Haircuts................................ 20
Entertainment........................... 240
Holiday................................. 100
Emergency fund.......................... 0
Total monthly expenses.................. 1812

Assets

Cash.................................... 0
House value (Gross)..................... 125000
Shares and bonds........................ 0
Car(s).................................. 1500
Other assets............................ 0
Total Assets............................ 126500

Secured Debts

Description....................Debt......Monthly. ..APR

Mortgage...................... 0........(400)......0
Total secured debts........... 0.......
Unsecured Debts

Description....................Debt......Monthly. ..APR

barclaycard....................4287.86...80...... ..14.9 barclaycard....................4644.76...104..... ..17.9
virgin.........................400.......20...... ..24
topman.........................102.33....4.09.... ..18.24
egg............................4900......110..... ..24
tesco..........................2555.8....76...... ..14.88
capital one....................0.........0.........0
capital one....................55.75.....5.........30.34
capital one....................1279.92...64........30.34
mbna...........................4079.15...120..... ..24

Total unsecured debts..........22305.57..583.09...
Monthly Budget Summary

Total monthly income.................... 2,164
Expenses (including secured debts)....... 1,812
Available for debt repayments........... 352
Monthly UNsecured debt repayments....... 583.09
Surplus(deficit if negative)............ -231.09
Personal Balance Sheet Summary
Total assets (things you own)........... 126,500
Total Secured debt...................... -0
Total Unsecured debt.................... -22,305.57
Net Assets.............................. 104,194.43

simond503

i just looked on their site and because i am self employed they can not help online but may help if i call them which i will do asap monday....thanyou

stebiz

Simon, Are you behind on the mortgage or any of the cards?

bank_of_slate

Telephone (land line)................... 50
Satellite/Cable TV...................... 37
Internet Services....................... 10

Can you get a combined package from one supplier that would be much lower?
Look around at the deals available for new customers!
...Linda xx

stebiz

bank_of_slate wrote: »

Telephone (land line)................... 50
Satellite/Cable TV...................... 37
Internet Services....................... 10

Can you get a combined package from one supplier that would be much lower?
Look around at the deals available for new customers!
...Linda xx

Yes I agree with Linda these figures look very high.

simond503

Also forgot to add on the list
LOMBARD DIRECT LOAN 6000.00 APR 24.4 165.93 MONTHLY PAYMENT
NATWEST LOAN 16000 APR 7.9 321.00 MONTHLY PAYMENT
MBNA LOAN 9000 APR UNKNOWN 154.00 MONTHLY REPAYMENT

bank_of_slate

Groceries etc. ......................... 200
Try making shopping lists, meal planning etc

Car Insurance........................... 60
seems high! Have you done the price comparisons?

Presents (birthday, christmas etc)...... 50
Think you should look at reducing this if possible

Entertainment........................... 240
You could do with breaking this down for yourself - where does this £240 per month go?

Holiday................................. 100
Is this for a pre-booked holiday?

If you could free up some money from the above to clear off those high interest cards (they are the killers!) that would be a good start
...Linda xx

simond503

no but it has all just come to a head end of last month debits were refused and then we were charged will look into changing supplier. thank you