Unemployed

ukc331

I am now officially unemployed! My contract with my last employer ended on 31st Jan and as yet there is no news of what is happening regarding new contracts.
My main question is this...I have had to cancel my regular direct debits to companies after phoning or emailing them first to explain my situation. I can just about cover my mortgage with savings that I have for the next couple of months. I have interviews lined up and am optimistic in finding something in the near future. Most of the companies I have contacted ie Sector Alarms, service policy with British Gas etc have basically said they will issue court proceedings to recoup the money I owe as I am tied into a contract, ranging from 1 year to 3 years. I have not said I am never going to pay, just that I am unable to pay at the present time.
Where do I stand regarding further correspondance with them? I have an excellent credit rating and dont want this to affect my future credit applications.

baileysbattlebus

I would post this on the Debt Free board - they will be able to advise you far better than anyone here can.

We just like to argue, bicker and call each other names on here. Oops, meant to say participate in intelligent debate and exchange opinions.

macaque_2

ukc331 wrote: »

I am now officially unemployed! My contract with my last employer ended on 31st Jan and as yet there is no news of what is happening regarding new contracts.
My main question is this...I have had to cancel my regular direct debits to companies after phoning or emailing them first to explain my situation. I can just about cover my mortgage with savings that I have for the next couple of months. I have interviews lined up and am optimistic in finding something in the near future. Most of the companies I have contacted ie Sector Alarms, service policy with British Gas etc have basically said they will issue court proceedings to recoup the money I owe as I am tied into a contract, ranging from 1 year to 3 years. I have not said I am never going to pay, just that I am unable to pay at the present time.
Where do I stand regarding further correspondance with them? I have an excellent credit rating and dont want this to affect my future credit applications.

UKC331
You can burn up a lot of energy fighting off the wolves. In your shoes, I would divert that energy to finding a job. Having been unemployed a few times, I just play the numbers game. I send out hundreds of letters and applications. 99% of them get ignored but 1% sucess in 100 letters is all you need.

misskool

I have deleted all posts irrelevant to the OP and moved this to the redundancy board where you will get better advice.