I really need advice!!

ILW

Think you really do need to tell your dad. It would appear you are financially linked through the mortgage. It would not be good if he only found out by being refused credit, phone contract etc.

SkintnScared

Hi
Yes these are the debts covered by B&E! I hoping this is good news??

Regarding the phonebill, I live out in the middle of nowhere and can only get vodafone.........I think I need to be having words with them and explaining that I cant afford this!

Thank you again for all your help xx

SkintnScared

ILW wrote: »

Think you really do need to tell your dad. It would appear you are financially linked through the mortgage. It would not be good if he only found out by being refused credit, phone contract etc.

Oh god Im scared........I think I know what I need to do but its plucking up the courage!! Thank you x

SkintnScared

Hi Dancingfairy

Yes these are the debts covered by B&E! I hoping this is good news??

Regarding the phonebill, I live out in the middle of nowhere and can only get vodafone.........I think I need to be having words with them and explaining that I cant afford this!

Thank you again for all your help xx

RAS

SkintnScared wrote: »

Hi
Yes these are the debts covered by B&E! I hoping this is good news??

So you need to get the mortgage back on track. Given your very high excess, you could pay an extra month's payment this month and next and still pay the creditors off the £181. That would get your mortgage sorted.

Once that is sorted, you can increase the payments to your creditors.

Do you actually have £400 per month left over?

ilikedrawing

I know it must be so scary, especially when its your dad, i know how they can be!
You do need to tell him though, depending on your fathers financial state 2 months mortgage might not be a lot and he could help you out.

Explain that the financial strain has caused your depression. I mean would your dad rather you did some drastic to yourself over money troubles or would he rather you tell him before it gets serious?

Good luck, let us know his reaction, and remember, the sooner the better! Get it over with! x

SkintnScared

Normally between 200-400 as things keep cropping up!! Like for example my oil comes up for payment every 6 months, so this month I have 200 to fork out for that, which I know ideally I should save for every month!

Do you think the mortgage company would be understanding if I write and explain everything? Im hoping they would maybe spread the costs a bit further??

SkintnScared

ilikedrawing wrote: »

I know it must be so scary, especially when its your dad, i know how they can be!
You do need to tell him though, depending on your fathers financial state 2 months mortgage might not be a lot and he could help you out.

Explain that the financial strain has caused your depression. I mean would your dad rather you did some drastic to yourself over money troubles or would he rather you tell him before it gets serious?

Good luck, let us know his reaction, and remember, the sooner the better! Get it over with! x

Thank you I know I have to do it!! He is in crete at the moment so I have a week to mull it over and plan my speech!! But like you say Im sure he will definately want me fit and well xx

SkintnScared

Regarding B&E...do you think I would be better contacting my creditors myself and arranging payment????

RAS

Well, offer to repay the mortgage over 3-4 months. See what they say.

I think you need to set up a second bank account that has all your bills money goes into (apart from maybe the mortgage), so that when car/oil/repair costs come in you have the money in there. Rather than it sitting in the general account.

But do write to them quickly, so they know you are dealing with it. Most start action after 3 months.