twinparents07's joint diary 'doing it together'!!

twinmum07

twindad07 wrote: »

if DW gets a job tomorrow then we could make the minimum payments from November (with the mortgage) and therefore use the money we are saving now to pay the mortagage from nov to feb to reduce some of our debts and therefore reduce our minimum payments, which would then allow us to pay off more than the minimum and start to make a dent in our debts.

Spoke to my parents about childcare yesterday and they have said 3 days would be ok. I did mention about their quality of life and the massive commitment they are making, but they said they couldn't leave us stuck if they could help us in any way.

Cross-posted whilst the little man alternates between being the world's happiest baby and the world's grumpiest baby in 5 second slots!

I hadn't reallly thought through what my working would mean for the mortgage savings actually - that would be fab wouldn't it? We could give the debts a good clobbering straight away.

PS - Are the door bouncers in the loft?

twindad07

we didn't say at the weekend, we gave our son his first in house haircut!! saved us £6 and looks just as good as a barbers would.

twindad07

yeah I think so, I'll have a look at half time in the football or earlier if we're getting beat!!

mouseann

never-in-doubt wrote: »

Why don't you let us look to lower the actual debt with unenforceability? What harm is there?

The offer is there, if you're unsure then speak to MouseAnn from here: Frightened about my future - part 2.

She owed £150,000 (yes, one hundred and fifty grand) 3 months ago - that was 18 accounts. Since we've been helping this is now 13 unenforceable, 4 outstanding and 1 enforceable - i.e. £100k+ better off already!

So in Ann's worse case, she's just wiped £100k off an impossible to clear debt (she is a pensioner with no income).

I hope you see sense and consider it - Unenforceability & Template Letters IV

Hi,

Niddy has pointed me in the direction of your thread.

I think I am his biggest fan (and "client" - for want of a better word!). Niddy has already summarised the current situation but I just wanted to say that I was more than panicking when I left work with only the state pension, plus a small occupational pension.

I do realise that the amount is absolutely huge and, yes, I should have known better (isn't hind-sight wonderful?) but I was relying on moving in with a partner when I finally retired and selling my house to clear all my outgoings. Partner then dumped me - and I am sure I don't have to explain what the housing market is like!

So, when I first posted I was absolutely desperate and Niddy came to my rescue on his white charger. As far as the ethical dimension goes, of course I thought about that but I consider that the amount I have paid the banks over the last 15 years - often paying as much as £3K a month, but only clearing about £100 from the balances - means that I have paid my dues!

Niddy can help with all the details of the unenforceability route - he is an expert and I trust him 100%. If you don't want to wade through all the posts on my thread - there are a lot, because I also use this for social support and have made some real friends on this site (my own family and friends know nothing of my situation and I intend to keep it that way!) please send me a PM with specific queries and I will do my best to answer honestly!

Niddy is so right - what do you have to lose?

But, good luck, whatever you decide!

twindad07

I still don't think we are entirely comfortable going down that road, it will always remain an option at the back of our mind and something we might look to do in the future.
Thanks for the advice.

Happytogetdebtfree

I know what you mean keep doing why your doing and hopefully it will even out :-) pa twindad of course England will win! X

twinmum07

mouseann wrote: »

Hi,

Niddy has pointed me in the direction of your thread.

I think I am his biggest fan (and "client" - for want of a better word!). Niddy has already summarised the current situation but I just wanted to say that I was more than panicking when I left work with only the state pension, plus a small occupational pension.

I do realise that the amount is absolutely huge and, yes, I should have known better (isn't hind-sight wonderful?) but I was relying on moving in with a partner when I finally retired and selling my house to clear all my outgoings. Partner then dumped me - and I am sure I don't have to explain what the housing market is like!

So, when I first posted I was absolutely desperate and Niddy came to my rescue on his white charger. As far as the ethical dimension goes, of course I thought about that but I consider that the amount I have paid the banks over the last 15 years - often paying as much as £3K a month, but only clearing about £100 from the balances - means that I have paid my dues!

Niddy can help with all the details of the unenforceability route - he is an expert and I trust him 100%. If you don't want to wade through all the posts on my thread - there are a lot, because I also use this for social support and have made some real friends on this site (my own family and friends know nothing of my situation and I intend to keep it that way!) please send me a PM with specific queries and I will do my best to answer honestly!

Niddy is so right - what do you have to lose?

But, good luck, whatever you decide!

I am really enjoying reading your thread and am onto page 28 now so hoping to reach the end before the end of the year! It is helping me formulate some of my questions so i will keep jotting them down and ask you/niddy when i get further through. Only 1 of our cards is post-97 so it is still a consideration but I think I need to get through my job appointments tomorrow and then assess things.
I can see unenforcability was your only real option and it was the perfect route anyway but our date free date is 5 years away when we will only be 35. Our family is now complete, I am looking to work part time and once the baby is at school i can think about full time so our earning potential over the next 5 years should increase quite dramatically so the debt free date should come forward.

The support you have received is amazing and niddy is something of an unenforcability god isn't he?
I hope you are enjoying your retirement and I know essentially how your story ends in terms of the unenforcability but can't wait to read on and get the full story

kavics17

Reading other people's diary is really addictive, isn't it? I read Dinah's diaries withing a couple of hours when I found this site:).

I think you're right that you should be able to pay back your debt as your income will increase within a couple of years, you're on the right track.

twindad07

How rubbish is this, kids sent home home at 2:30 so they can get home to watch the match but staff are not allowed to leave until normal time at 3pm

kavics17

. No justice in this world .