Help needed!!!

southernscouser

razorbladekisses wrote:

But if the Debt Management Plan changes to an IVA (I think I just about qualify) do you still have to pay a fee or are IVAs free?

*Ellie*

That I can't answer you I'm afraid but someone will be along soon who can!

Although I'm surprised you weren't offered an IVA in the first place then! The problem is that at the moment your creditors are going to receive full payment. With an IVA they won't so they might not agree to it! My worry is that this company have just blagged it to get you on board!

roswell

Id phone pay plan / CCCS if your parents cant help, payplan / CCCS are free other companies charge they pay them selves first out of your payment then pay token amounts to your creditors

Sugar_Coated_Owl

Thank you all for your help, it's much appreciated.

*Ellie*

skintchick

:grouphug: Ellie - I don't know about IVAs and DMPs, but I wanted to give you a big hug. :grouphug:

Are you sure your parents won't let you off the rent? I know it seems daunting - you have all this debt, parents can be scary at times, but honestly, they love you and I'm sure if you explain it fully they can help.

If you tell them exactly what you owe, say you want to pay it off rather than go bankrupt, and that you have a plan but it really needs you to have reduced rent for a while.

If you are calm surely they will understand? It is not about them letting you off (which they may feel it is) but about giving you the space to tackle these debts.

I think it's worth a try anyway.

dinkylou

Phone payplan or CCCS immediately. Don't wait.

You need to read any terms and conditions of any contract you have signed with this company and ditch them immediately.

Otherwise you are wasting more money and they are profiting from you.

mountainofdebt

I know you're contact lens monthly fee includes a checkup and discount on glassses but mine includes all these benefits and I only pay £8 per month.

I have monthly contact lenses and I'm guessing here that your's is daily ones

Can't you swop to monthly ones until you've at least sorted out part of your debt.

Also the £100 for food what does that cover?

**purpleprincess**

:hello: Morning Ellie

How's it going? Speak to your parents sooner rather than later. You can use that £250 a month to help pay off your debts. They'd understand and want to help you wouldn't they?

Hope you're feeling a little brighter. You're not alone here.

Also, don't go with one of those companies, they just want your money too!! Go for CCCS or payplan, they're free. Don't delay, ring today!!!

:grouphug:

Sugar_Coated_Owl

Hello,

Thank you for all your help.

:grouphug:

I spoke to my Dad again today about the debt situation and asked about paying a little less rent but unfortunately no luck.

I think they feel that I got myself into this mess by acting irresponsibly with credit so I should find my own way out.

I had no idea about the free debt advice companies that you mentioned. I wish I had know before I set up the debt management plan. I've already made my first payment now and they have sent letters to my creditors...is it too late to cancel?

Yes my contact lenses are daily disposables and are expensive but I'm not able to wear any other type as I'm allergic to them. I have tried different brands and different types but just can't get on with them. I'd really love to pay £8 a month for my contact lenses.

The £100.00 food covers food at home and food for work (lunch).

Before finding this website/forum I felt very alone but being here makes me realize that there are other people in a similar situation to myself. I've only been here a day and already found and received a great deal of advice.

*Ellie*

angeluk69_2

Hi Ellie,

Just some smal tips as a mum, try taking a packed lunch to work it will work out cheaper.

I recently borrowed £1250 from my parents because I was in desparate need of help and I have had to postpone paying them back due to bailliffs demands. I know you have not had any luck with the p's so far but I have found that writing EVERYTHING down and being totally homest really helps. You need to say to them realistically how much you can pay.

With the other debts you need to write to them and inculde a statememt of means, showing all the details of everything coming in and out and make thema realistic offer again.

From experience it is never too late to cancel an arrangement as long as you are hgonest, because if you are lining their pockets and you can't afford to you certainly shouldn't arrange your debts thru them.

HTH

skintchick

Hi there

Sorry about your dad. I know what he's saying but in your situation I think he's wrong.

Anyway, your food bill could be got down to around £50-60 a month. That's what I live on for lunches and dinners, and I shop at Tesco. Have a look at the Old Style board for ideas and help.

Keep posting for advice and support, and we'll do our best to be here for you honey.
xxx