jesus we are in a mess help!

Pee

The CAB can help if you can get an appointment. It is worth going bankrupt for £25k plus, if you can accept that you may never be able to have a mortgage.

Some of the debt may be your husband's, but all of the money coming in is also his. What your children need and will value is not money spent on them but time. Think of lots of treats for them that are free and keep the expenditure as low as possible.

exessexmum

You're pregnant with twins that aren't yours?

Mr_Matey

They'll reduce 29.2k of debt down to 6k if you pay it now?

I'd bite their hand off and get a loan from parents, friends, etc. Maybe even get a personal loan from another bank!

If you're saving 200-300 a month you'll be able to pay back 6k no worries.

moneymakestheworldgoround

Hi

You need to amend the TV license figure. I appreciate you have written per quarter next to it, but it doesnt make your final figures realisitic. Work out what the monthly total is and put that in.

I worked in debt recovery, and if we had a SOA like yours in, we would have been confused at to why you were affording £50 clothes/£50 presents/£20 haircuts/£50 entertainment and couldn't even pay us £1 a month?

I think you need to cut these out, amend the TV license and use this cash to make token payments to the debts. I would personally then see if you could get a second income and use this for treats for the family, or half for debts, half for treats.

Well done for tackling this head on though.


OOPS - went to answer the door halfway through writing the post, came back, finished it, and realised 10 other posts had appeared in that time !

Ignore this post - already discussed !

f*cked

lol yes - im a surrogate - unpaid before you jump on that one! lol

might sound daft but would it be worth getting a loan for 17000 to pay it all off to just have one payment???

f*cked

or 6000 to pay off natwest and just pay the others off gradually maybe?

WASHER

f*cked wrote: »

lol yes - im a surrogate - unpaid before you jump on that one! lol

might sound daft but would it be worth getting a loan for 17000 to pay it all off to just have one payment???

it may be unpaid but surely you should receive allowances for travel to hospital and clothing?

DO NOT CONSOLIDATE UNDER ANY CIRCUMSTANCES, it rarely works. You need to phone the CCCS today or another debt charity.

WASHER.

f*cked

yes they pay for things like that for me , its for friends so i just pass receipts on and they make up the money

WASHER

Thats fair enough, I cannot stress the importance of speaking to one of the debt charities today, you need help today with sorting out your finances.

ILW

I would query why your OH is only bringing in £700 per month.