I Cant Seem To Get It Right !!

bevstar

Hi all
three years ago i declared myself bancrupt with massive debts it was the best thing ive ever done apart from losing my house ,
In that time i got on the mortgage ladder as quick as i could then bought my wife a car on finance (can you see whare this is going ?) ,then more and more things on finance i now have over £30.000 of debt and my house is being repoed on the 1st december ,it seems i have some sort of addiction to spending but im not sure how to stop it or where to go from here
can anyone help ?
tim

bevstar

Sorry just had a thought it is worth mentioning neither of us is any good with money so outside help with our finances would be greatly recieved
cheers tim

beanielou

This is not a dig but I cant understand how you managed to get so much new credit so quickly.
You cant go bankrupt again until; it is 5 yrs since you last went bankrupt.

bevstar

hi there
its not a problem ,i could list all the companys including mortgage companys who have given me credit but i fear this may help others go down the same route !
however i am not considering bancruptcy again it hasnt helped me in the long term i have an addiction and thats what i seek help with
cheer tim

beanielou

I hope that you can get help with your addiction.
Your GP should maybe be your first port of call.
Will you be able to pay your debts(ie monthly payments) after the house has been sold?

bevstar

I think the first step for me is realising there is a problem so as you say the next step is my GP ,i am trying to sort that out
i suppose im clutching at straws really but i feel i need help to budget ,save and move fprward without this happening again and again
i will have spare cash once house has gone i want to do the right thing with it
tim

dalip

How about posting on the DFW forum,they are just as supportive as here and could help with your budgeting idea ect and give you lots of encouragement too.Dx

fiveyearplan

Thats a good idea, Dalip about the DFW forum.

ixwood

Not sure a GP will be much help. it's a lack of will power, knowledge and responsibility and living beyond your means.

Did you come from a poor background? What goes through your head when signing yourself up to more debt?

ixwood

Are you insecure or have esteem issues? Buying a shiny car on tick suggest low self worth to me or a need to keep up with the Jones.

Do you have a good life otherwise? Are you happy? Is the spending making up for something missing in your life?

chelseabun_3

Wow! What's this, the inquisition?? Those aren't really questions that should be asked on this type of forum, imo, ixwood. A GP can refer to counselling and addiction services, which is what the OP appears to need. And if those questions need to be asked and answered, then a counselling service is the appropriate place for it.

Well done, bevstar, for recognising your problem and coming clean about it. CBx