Advice please on BR....

whattodo..._4

Hi all...

I'm really needing some advice or guidance on what to do. I have done what all silly people do when they get into debt and thats stick my head in the sand and think that it will all go away - sadly it's not!

It all started back in January 2009, my partner left me renting an apartment on my own and an amount of crazy debt.

After he left, i then started to cover my debts by taking out more debt to cover the repayments... (silly i know - but made sense at the time)

At the age of 24, i have the following outstanding
Loan £10000 (car purchase, still have for work)
CC £750
Student bank account £1250
Loan £3500
Overdraft £7500
CC £3000

It just went crazy - In April i started defaulting on payments - was finding i wasnt able to cover everything. I started to recieve letters from DCA but because my debts were with multiple DCA's i couldnt get one repayment.

Last month i open my wages to find that i have had a wage arrest, i dont know how much they are taking each month - just see it coming out my wages - don't even know who is taking it!

I'm now considering BR - its all getting me down. i never wanted to be like this - my life involves ignoring the house phone, collecting my mail before anyone realises and i'll never answer an anonymous caller again.

I'm so scared people will judge me for being so stupid... i just don't know what to do.

I would really appreciate some advice on what to do

Thanks

So_Sad_Angel

Hi WTD & welcome (hope you don`t mind the abbreviation....I`m rubbish at names LOL)

Firstly well done for opening up & getting your situation on the page....it really helps to offload it out of your mind & I often think that is the turning point & the start of the recovery.

Have you spoken to one of the debt charities? CCCS, CAB, Nat Debtline.....advice from them is essential as there may be something that you did`nt realise you could do......bankrupty has to be last resort...

The main thing is to get reading, talking & getting advice....you will be amazed how different & empowered you will feel....no debt situation cannot be resolved so try not to worry....start to take control instead.

You have found a great place for support Hun....

Angiexx

So_Sad_Angel

whattodo... wrote: »

I'm so scared people will judge me for being so stupid... i just don't know what to do.

There is nothing stupid about seeking help ....you can`t (& don`t need to suffer) like this.

We all make wrong decisions or get struck by any number of unfortunate situations be it relationship breakdown, illness, redundancy etc....it can happen to anyone.

Don`t let creditors harrass you either....they are not allowed to do that. Please speak to one of the charities.

Remember knowledge is power & with the support on here you will get through this.