Deep in debt and need some "GOOD" advice

rog2

Hi Arnold's mrs - I know that others have already said it but I am not sure that B&E appear to be doing a very good job for you. They seem more interested in the fee that they could earn rather than explaining all of your options. I think you should dump them, but why not have a chat with CCCS, then decide.
In my opinion, you may need to consider bankruptcy as a possible option.

beverleyhills

Arnold's Mrs Your SOA is beginning to look like this. Do you agree?

Current Monthly Income

£953.00 Craig’s wages
£130.00 wages
£281.00 child tax
£169.00 family allowance.

£1533.00 total

Potential for an extra £346 after tax adjustment

Bills

Mortgage £670
Council tax £82
Gas £30
Electric £40 per month
Shopping for food £303.33 for 5 includes clothes most of the time
Sky TV basic package- we dont have a roof arial so it's a must if we wanna watch t.v. without a licence ooopppps) you can't afford to take the risk of not having a TV license
PAYG mobil £20
Craig has a company mobile so it's FREE
Other bills?

Prefered Mortgages - £2,200 areers
Walsave Credit Union - £2,671
Wiseman debt collectors - £1360 Partners
Wiseman " " - £660 My name
Credit Solutions - £966
Bristow & Sutor - £906.35 BALIFFS
Greenwoods personal credit - £1240
Abbey Group (fuel card from business) - £585
Walsall Council this is for an invoice i recieved in september from over 4 years ago when i was on the dole overpay of housing benefit i had no idear about it till i got that - £543
T-mobile (company and personal mobiles) - £800
Lloyds TSB (company bank account) - £436
Devaneys (company debt) - £399
Capquest Debt recovery (my credit card) - £380
Intrum Justitia International - £305
Regents House (business debt) - £293
Hamilton Forbes (business debt) - £229
Nelson Guest & Partners -£216
SSA (business debt) - £170
Moorcroft Debt recovery - £154
Nelson guest & partners - £144 (this is different from the above)
Neopost (business Debt) - £79
Euroffice (business debt) - £70
Shoppacheck - £56
Intrum Justitia - £34

B & E have told me to stop paying all of these companies and they are in discussion with they as we speak, as for APR's n that i dont know as you can see above most of them are debt recovery agents i must be involved with nearly all of them in the UK by now.
I know of about another 3 companies besides the above Yell.com is about £600 thats top heavy and the other 2 are i think a home course in Accounts i was doing and somthing else can't think at the minute. I also have corporation tax and VAT which i have sent letters to, they are de-registration and asking for a break down of how to work out corporation tax as i cant afford an accountant at the minute.

So far the balance is £15,690

dancingfairy

Just wanted to say hi. :hello: I'm sure there will be lots more people around in the morning to help out as well (when people are at work). Everyone on here will help you as much as they can but you need FREE advice from CCCS or payplan or CAB. B & E seem to be just out to scare you and prolong things to get more of your money. Don'y let yourself me intimidated by them. You can sort this out.

raq

just one point I would like to say.

My inlaws went through bankcurracy and just had the clear. They had their own busines for a number of years and they have just started full time jobs with two major big companies. So it is a load of rubbish when they said you won't get a job. I know most application forms as this now ( i.e. halifax/barclays ). There is always light at the end of the tunnel

All the best

Arnold's_mrs

Yep the SOA looks about right gotta apointment with CAB and i think we are going bankrupt, B & E are playing games still the haven't even got the plan running yet and i've been paying them for 3 months £175 per month. Gonna drop um and see what CAB have to say. Thanks every one for the advice and support it's kept me saine for a bit, hopefully it will all turn around soon THANK YOU ALL

Jo