Help! Smothered

sulkisu

Living in London, your wife should have no trouble (or very little trouble) finding part-time temporary work on the high street. All of the major retailers are recruiting for christmas temps at the moment - Argos, Boots, John Lewis, Waitrose, HMV, Debenhams, Selfridges, Royal Mail - to name but a few. Your wife just needs to look harder.

DC34

thank you so much man

chesky369

Don't think of moving. I know your rent is a bit high but it seems to take in Council Tax; gas; electricity; water and part of your TV costs. These are bound to amount to around £200, so it's not such a bad deal for London.

SuzySu

I was a SAHM with three children but still managed to find ways to contribute to the household. Whether it was by shopping cannily or selling Kleeneze or making and selling craft items at local craft fairs.

Maybe she doesn't see the point of trying to earn money because she feels you will just end up spending it?

DC34

So how does a DPM work?

Do they take a fee?

Sorry keep reading about them but not sure what they are?

DC

DC34

bump please help how does cccs work

wornoutmumoftwo

I think they make arrangements with your creditors, could be wrong. Best advise on here as far as I can see is to open a separate bank account and look at your budget whilst making arrangement with the payday loan people.

RAS

Hi

A debt mamangment plan adds up your expenditure, looks at your income and works out what is left.

it allocates what is left to your creditors, pro rata. You can talk to CCCS, Payplan, NDL, CAB or CAp and they all offer the service free. THE OFt has just advised that one third of fee-charigning companies have been instructed to amend their practices/threatened with striking off, so do not use any of these.

DC34

Well the deed is done.

Uncle Buck rang me first and i i told them i will only deal via email or post, they hung up on me and have sent me an email saying i have already incured an extra charge of £10

Payday UK rang me and said no worries then i got a call from another lady who said we will take further action and slammed the phone down on me.

Wage day advance have sent me texts?

Quickquid and P2P no response yet

What should i do next negotiate??

Frankie231

DC34 wrote: »

Thanks for coming back to me.

Here are my answers hope this helps you to understand my situation



Household Information
Number of adults in household........... 2
Number of children in household......... 1
Number of cars owned.................... 0

Monthly Income Details
Monthly income after tax................ 2200
Partners monthly income after tax....... 0 - not working? (She doesnt work she looks after my five year old)
Benefits................................ 110
Other income............................ 0
Total monthly income.................... 2310

Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 900 - this is very very high - London or around? Yes London however this includes virtually all my bills
Management charge (leasehold property).. 0
Council tax............................. 0??? see above
Electricity............................. 0??? see above
Gas..................................... 0???? see above
Oil..................................... 0???? see above
Water rates............................. 0????? see above
Telephone (land line)................... 30 - this needs to be stopped - line rental only for a few months - i thought £30per month was cheap no?
Mobile phone............................ 20
TV Licence.............................. 8 - this is not enough (included in my rent)
Satellite/Cable TV...................... 40 - you need to downgrade immediately and then get rid - freeview for a couple of years (will do)
Internet Services....................... 13.5
Groceries etc. ......................... 400 - this is ludicrious - halve it immediately and you may be able to reduce on that. Put the missus on the Old style forum immediately (My missus says that she could not put food on the table for the three of us for less than £80 a week) Really sorry, couldn't help but notice this. I have a family exactly the same size as yours (2 adults, 1 child, plus we have a dog (a large one that eats a LOT)) and I spend a maximum of £30.00 a week on groceries. No top up shops, and we all eat very healthily aswell.
Clothing................................ 30 - you cannot afford anything other than knickers in the next year.(ok )
Petrol/diesel........................... 0
Road tax................................ 0
Car Insurance........................... 0
Car maintenance (including MOT)......... 0
Car parking............................. 0
Other travel............................ 130 what is this? (Travel for me into work and the wife on the bus to kiddies school)
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 7.5
Pet insurance/vet bills................. 0
Buildings insurance..................... 0
Contents insurance...................... 0
Life assurance ......................... 0
Other insurance......................... 0
Presents (birthday, christmas etc)...... 0
Haircuts................................ 0
Entertainment........................... 50 - this has to drop to £10 maximum (K)
Holiday................................. 0
Emergency fund.......................... 0
Total monthly expenses.................. 1629


Assets
Cash.................................... 0
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 0
Other assets............................ 0
Total Assets............................ 0

No Secured nor Hire Purchase Debts

Unsecured Debts
Description....................Debt......Monthly.. .APR
Credit Card....................780.......40........39.9
Payday Loan....................300.......52.5......1737
Payday Loan....................425.......552.......2618 - why is the monthly payment so high on this one? (This payday loan must be paid off in full at the end of every month, i pay it then am left so short that i re-order it)
Friend.........................1000......500...... .0 - this would be consider unfair preference - you need to ask to pay less for a few months. (it;s my mum i needed it desperalty and promised i would pay it back in two months)
Payday Loan....................450.......130.......2338
Payday Loan....................330.......82.5......1737
Payday Loan....................250.......83........2278
Total unsecured debts..........3535......1440......-


Monthly Budget Summary
Total monthly income.................... 2,310
Expenses (including HP & secured debts). 1,629
Available for debt repayments........... 681
Monthly UNsecured debt repayments....... 1,440
Amount short for making debt repayments. -759

Personal Balance Sheet Summary
Total assets (things you own)........... 0
Total HP & Secured debt................. -0
Total Unsecured debt.................... -3,535
Net Assets.............................. -3,535

Help

Don't know much about anything else, but 1 comment for you to keep in mind