The cutting out/cutting down alcohol thread (part 7)

brokepaolo

69chick wrote: »

Well done on the job BP :T I think if you get your new place to yourself you might find that you can manage on less as like you say nights in will be more of a pleasure..You sound like someone to me who would relish a challenge and 2 years really isn't a long time...

Also I know this sounds bad but if you did have any 'emergencies' that came up you sound like you have family that might help you out...

Shame you couldn't share the flat with your Sis really

right back to work

catch you all later x

Thanks for the well done on my best month yet TP1 xx You are doing great too

True, I've lived on my own before and I went out so much less than when I was sharing. It's just really nice to come home, put your bags down and chill out infront of the telly or with some music on, without doors banging, people walking around upstairs, people using the oven when you want to cook, dog barking etc..

2 years isn't long, I know but I'm rubbish at sticking to things, I don't mean to sound defeatist but I'd never last the distance, I'd slip up here or there and the fact that it wouldn't really be doing my credit score the world of good for the next 6 years anyway would demotivate me immensely, not to mention the fact that lots of the payday loan companies I owe money to are flatly refusing the idea of a DMP and keep calling me every other day anyway.

Of course my family(well, my dad and sister, that's all I've got) would help me in an emergency, but it would depend on what sort of emergency it is as during my twenties I had so many 'emergencies' that I became the boy who cired wolf and it has very much damaged my relationship with my father, as has been proved recently.

Anyway, enough whingeing from me, sorry to have monopolised the thread with my relatively minoir and off-topic issues, it's time for me to get things done and seeing as I was AF yesterday and the day before, now's the best tiome to do so while my head's clear.

thanks for everything though, some great advice and heaps of encouragement from everyone, I turly am very grateful!

DEBTMONKEY1A

Hi brokepaulo......sharing would do my head in too! You're 12 year younger than me-plenty of time in the future to clean up your credit file...etc..you mentioned a DMP being 'more lenient'....sorry you're wrong on that. Only takes one of the creditors to throw their toys out of the pram so to speak & take you to court to make the whole thing more stressfull....& complicated. The good thing about BR is you will generally have TWO meetings as such ....1st one is going to court, 2nd one is the Official receiver interview-THEN THAT'S IT! For the rest of the time you are BR you'll have NO CONTACT from anyone!!!!! What I did was draft a standard letter & the day after i went BR i posted it to all creditors saying I was BR...giving the Official receivers address & my case number...within TWO weeks-no calls.....any letters i received I sent to the receiver. The only reason i did this is that sometimes due to workloads it can take the receiver 3-6 weeks to contact all creditors...so after probably ONE month max-NO CALLS/LETTERS/HASSLE-yes i was BR but apart from that my life was normal.

You CAN get a bank a/c, pre-paid credit cards...even a mortgage (allbeit you'd need a bigger deposit & only after discharge)....in fact there are ways & means (which I won't go into here!) to get a clean file within 2-3 years of BR...

Sorry if I'm going on but the releif you'll feel will be BRILL!

As i said feel free to PM me if you want....

brokepaolo

I'm going to have a chat with my friend who lives in London this evening, she declared herself bankrupt two years ago after racking up more than £20k of debt on credit cards and by all accounts, she's really turned it around now and is enjoying her fresh start. I'll ask her about the difficult starting part.

SimIsOnTheUp

Good Luck with the CAB Paolo

I'm working through my SOA as we speak, and am about to phone NPower, regarding my £645 debt to them.

Hopefully tomorrow, I should receive my completed DRO forms through, from the CAB (saw them last week) and while I would prefer to pay this back gradually, I'm not sure I can do with the stress either!

I've just posted on the DRO board - https://forums.moneysavingexpert.com/discussion/comment/34311389#Comment_34311389

As I wrote on there, I've just worked out what money I'll have left over, if I try and set up 'Direct Payments' from my ESA for my Utilities..

To repay my arrears, it will be - NPower Electric = £15.30 (per week), Council Tax = £3.25 (per wk), DWP Social Fund = £3.50 per wk (already agreed to this), Housing Benefit Overpayment = £5.00 per wk (already paying this), together with TV License (will probably be at least £5.00 per week) and this years Water bill (probably another £5 a week), then -

That will leave me with £27.25 per week, for food / phone / anything else - hardly sustainable!

God knows what I'm going to do about The Money Shop debt - they are due to take their first payment (present the first £100 cheque) next Thursday 8th July, and then a further £100 daily.

My Girlfriend was going to help, then she wasn't, then she was, and now she's not sure again.

Either way, I don't feel at all comfortable, borrowing another £500 from her, for the Money Shop debt, as it was down to my own stupidity and problem with booze, not hers.

We're texting about it at the moment, and the whole 'dynamic' between us does my head in.

Cue me feeling like a drink again.

What a great cycle eh?

Sim x

DEBTMONKEY1A

Hi Sim...me bugging you again...forget the moneyshop debt! When you do the DRO its GONE-its the official receiver's problem to sort out....like i said DON'T borrow the money to pay for it.....honestly once its done you'll have none of this phoning to do...or working out repayment plans etc...don't drink cos it won't help!

Sim-IF YOU PAY THE MONEYSHOP DEBT IT WILL BE SEEN AS 'PREFERENTIAL TREATMENT & YOUR DRO COULD BE STOPPED-OR NOT GRANTED-DON'T DO IT-you had advice from Simon on the experts forum...just leave it & let it be written off in the DRO!

Think of all the added pressure/stress IF YOU CAN'T GET A DRO DUE TO PAYING OFF MONEYSHOP!

lecture over...(!)

SimIsOnTheUp

Thanks DM.

I thought, going by what Simon, and yourself said previously, that as long as my Girlfriend pays back the Money Shop their £500 in cash herself, and not me (ie - not from my A&L account) - then the OR would then see that *I* have not shown any preferential treatment to a creditor?

Surely, if they are paid back, then there is then no chance of fraud?

OK, the chance at the moment, is minimal, but it is still a chance.

If it's paid back, as Simon said, that chance disappears.

SimIsOnTheUp

Also, even if Money Shop are not paid back, and I leave it - and go ahead with the DRO, then the OR could still revoke the DRO, due to the fraud aspect to my Money Shop loan application, and due to the fact that it would have only been 5 / 6 weeks between taking the loan out, and the DRO.

On top of this, I now feel bad asking my Girlfriend just now, if she can still help.

My finances are a complete f*cking mess, and all because of my drinking.

F*ck me, this is stressing me out.

RecoveringAlcoholic

Congratulations on the job BP. I knew that you would get it as your enthusiasm shows in your posts.
:T

It is very common for folks to raise the bankruptcy fees from friends and family.

The current guideline figures for househeeping from The Money Advice Trust are £280 per month for a single person.


.

SimIsOnTheUp

Really can not see a way out of this, and my blood pressure is through the roof.

skintscottishgirl

SimIsOnTheUp wrote: »

Good Luck with the CAB Paolo

I'm working through my SOA as we speak, and am about to phone NPower, regarding my £645 debt to them.

Hopefully tomorrow, I should receive my completed DRO forms through, from the CAB (saw them last week) and while I would prefer to pay this back gradually, I'm not sure I can do with the stress either!

I've just posted on the DRO board - https://forums.moneysavingexpert.com/discussion/comment/34311389#Comment_34311389

As I wrote on there, I've just worked out what money I'll have left over, if I try and set up 'Direct Payments' from my ESA for my Utilities..

To repay my arrears, it will be - NPower Electric = £15.30 (per week), Council Tax = £3.25 (per wk), DWP Social Fund = £3.50 per wk (already agreed to this), Housing Benefit Overpayment = £5.00 per wk (already paying this), together with TV License (will probably be at least £5.00 per week) and this years Water bill (probably another £5 a week), then -

That will leave me with £27.25 per week, for food / phone / anything else - hardly sustainable!

God knows what I'm going to do about The Money Shop debt - they are due to take their first payment (present the first £100 cheque) next Thursday 8th July, and then a further £100 daily.

My Girlfriend was going to help, then she wasn't, then she was, and now she's not sure again.

Either way, I don't feel at all comfortable, borrowing another £500 from her, for the Money Shop debt, as it was down to my own stupidity and problem with booze, not hers.

We're texting about it at the moment, and the whole 'dynamic' between us does my head in.

Cue me feeling like a drink again.

What a great cycle eh?

Sim x

Hi Sim

The money thing seems to be getting more complicated than necessary, you have the br option, a dro ( as recommended by CAB?) or a dmp.

Or trying to pay all of your creditors leaving you £27.25 pw to live on?

I would avoid taking anymore money from your girlfriend as it is only going to cause trouble at a later date, which won't help matters.

Personally as per my previous posts i would tell them all to take a hike and go with the cccs (whatever they may recommend to you) and take it from there.

If you are not happy with the relationship dynamic, you need to sort it or end it, life's too short. Any more money loaned to you by your girlfriend will potentially become a stick to beat you with.

And by the way please do not start drinking again, as you can't blooming afford it!!

And it's no solution as you well know

Hope that didn't sound harsh i can only see it as i see it!

Take care and have a good one

SSG

XX