Help - Unsecured debt

Culex

LandyAndy wrote: »

You don't employ an accountant to manage your finances, you employ them to fiddle the books.

I've fixed your post for you.

tellmeitsfriday

With CIMA you're not allowed to even register as a student with a CCJ, but they don't go into detail about how old they are before they "ignore" them.

It's worth giving them a call and talking about it in advance... They seem to get much more annoyed about things when they "find out" rather than if they are told in advance.

Good luck

BILLIE

It matters not what profession you are in - sorting other peoples finance I could do and keep them on the straight and narrow - I was in banking and have helped people when they have been in financial difficulties. Now my own was another story.... so never judge a book by its cover.... Billie x

LandyAndy

Culex wrote: »

I've fixed your post for you.

That's certainly why I employ myself.;)

jonjamie1970

LandyAndy wrote: »

You don't employ an accountant to manage your finances you employ them for their technical knowledge of accounting and taxation.;)

The point is, if they arent good with numbers then its worrying that you could be asking them to be do your accounts, taxation without this knowledge, surely its a given that they would be checked.

You wouldnt go to your dentist if his own dental hygiene was poor, would you ?

dancingfairy

RattyKay - it certainly looks like you may be able to avoid a dmp - especially if you can trim some of the those figures - mobile, satelite etc.
I would tackle next as your first target for overpayment as it is a relatively small debt but a high interest rate and it should be an achievable target to spur you on to tackle the others.
Is there any way to increase your income - car boot sales? ebay? overtime? etc

Obviously if you can't manage to make your minimum repayments then you will need to consider a dmp but obviously this has implication in terms of defaults etc. I don't believe defaults are as big a problem as CCJ's etc but they are obviously not great - although they will dissapear after 6 years.
On a dmp if your creditors did decide to take you to court then I believe as long as you pay in full in 28 days you can avoid having a CCJ against your name but do check this out.
Best of Luck
df