Admitting there's a problem is the hard part. Right?

jules1973

Hi,

I did not mean to stress you out...

Basically I wrote separate as have o/d and credit card. They agreed to pro rata payment on o/d and will stop interest once I send all cards and cheque book back. CC sent very threatening letter, and still undecided what action to take as when I did a search it seemed all negative. I think you need to write to each one individually as all separate entities I believe. They all use different addresses.

You may have more luck as having read loads of post, one thing creditors do not seem to offer is consistency. Some people get acceptance whilse others get refusals. I would send SOA just so it shows you cannot pay.

Good luck, let us know how you get on

binnie

I've had depression for a long time and some people wouldn't even know it as I come across bubbly and silly and make people laugh. But I do have a sensitive side and I get very down at times. Things have been made worse since my lovely mum passed away in Sept 2009 and I'm struggling to come to terms with it. Somedays I just think stuff it to the banks, they can't take what I don't have, but then I have days of worry and stress.
Another company which were very helpful to me were Pay plan, they are a debt charity and don't cost anything to use them.
If you log onto https://www.payplan.com they have afreephone number and they are very kind and genuine people. They don't put you under any pressure whatsoever. I don't like telephone calls nowadays to be honest, especially when they are ringing you for money. But payplan just ask your incomings and outgoings and send you lots of things to read like the template letters and then help you contact your creditors. Once you are onboard with them, then you don't need to deal with anyone else. They can negotitate with the banks to maybe freeze the interest on loans, credit cards etc.
If still you get the phone calls from the creditors, then you just tell them pay plan are dealing with your debt payments now and refuse to speak about anything else.
They also have a letter to send to them which can be sent out if your are getting lots of calls in a day, they have it all worded properly and you just add your accounts numbers etc into it. So theres not much to type out yourself. Hopefully these letters will stop the harrassment of the phone calls and eventually die down.
Hope you feel a little bit better now.xx

jules1973

ladycorsair wrote: »

Ok so I just Googled "Nationwide problems paying" and they have a whole section on their website promising to be helpful, even with a link on how to deal with creditors.

They come across as all caring on their website :mad:

ladycorsair

binnie wrote: »

I've had depression for a long time and some people wouldn't even know it as I come across bubbly and silly and make people laugh. But I do have a sensitive side and I get very down at times. Things have been made worse since my lovely mum passed away in Sept 2009 and I'm struggling to come to terms with it. Somedays I just think stuff it to the banks, they can't take what I don't have, but then I have days of worry and stress.
Another company which were very helpful to me were Pay plan, they are a debt charity and don't cost anything to use them.
If you log they have afreephone number and they are very kind and genuine people. They don't put you under any pressure whatsoever. I don't like telephone calls nowadays to be honest, especially when they are ringing you for money. But payplan just ask your incomings and outgoings and send you lots of things to read like the template letters and then help you contact your creditors. Once you are onboard with them, then you don't need to deal with anyone else. They can negotitate with the banks to maybe freeze the interest on loans, credit cards etc.
If still you get the phone calls from the creditors, then you just tell them pay plan are dealing with your debt payments now and refuse to speak about anything else.
They also have a letter to send to them which can be sent out if your are getting lots of calls in a day, they have it all worded properly and you just add your accounts numbers etc into it. So theres not much to type out yourself. Hopefully these letters will stop the harrassment of the phone calls and eventually die down.
Hope you feel a little bit better now.xx

Thank you so much, you made me cry with relief! Like you, I don't want to run away from my debts, and I certainly don't wish to ever get into trouble again. I was brought up to be sensible with money, so my parents don't know about this which means I have no one to talk to about it, which makes the stress so much more unbearable.

I wish wholeheartedly that I could reverse the clock, but hey, hindsight is 20/20 lol. It's the living month to month that really hurts I guess. Having very little and always worrying about being unable to make my payments on time gives me sleepless nights. Anyways thank you again for your kind words and all the help. I will see this thru.

Arielle xx

ladycorsair

jules1973 wrote: »

Hi,

I did not mean to stress you out...

Basically I wrote separate as have o/d and credit card. They agreed to pro rata payment on o/d and will stop interest once I send all cards and cheque book back. CC sent very threatening letter, and still undecided what action to take as when I did a search it seemed all negative. I think you need to write to each one individually as all separate entities I believe. They all use different addresses.

You may have more luck as having read loads of post, one thing creditors do not seem to offer is consistency. Some people get acceptance whilse others get refusals. I would send SOA just so it shows you cannot pay.

Good luck, let us know how you get on

No worries Jules. I'm just a big ol' bag-o-nerves. I'll definitely let you know how I get on, and I'll also send separate letters. Thanks very much for replying, you don't know how much it's appreciated right now

Arielle xx

binnie

Aw, I didn't mean to make you cry. I do plenty of that myself nowadays
But I know what you mean. Even just coming on here helps, you can write it all down and when I see some peoples debts, it makes mine look manageable.
I will private message my email address if you ever want to chat privately.
I'm off to bed now as my feet are killing me. I've just had 3 days of agency work this week and standing up kills my feet. They get all puffed up and painful.
But I can't complain, at least it is helping a little towards the bills.
Night Arielle xxx

binnie

Private message now sent. Check your inbox Arielle.
xxxx

ladycorsair

binnie wrote: »

Private message now sent. Check your inbox Arielle.
xxxx

Thank you! Xx

ladycorsair

Well here's my SOA....

Statement of Affairs and Personal Balance Sheet

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

Monthly Income Details
Monthly income after tax................ 1200
Partners monthly income after tax....... 0
Benefits................................ 0
Other income............................ 0
Total monthly income.................... 1200

Monthly Expense Details
Mortgage................................ 0
Secured/HP loan repayments.............. 0
Rent.................................... 450
Management charge (leasehold property).. 0
Council tax............................. 80
Electricity............................. 40
Gas..................................... 0
Oil..................................... 0
Water rates............................. 0
Telephone (land line)................... 30 (internet included)
Mobile phone............................ 50
TV Licence.............................. 29.1
Satellite/Cable TV...................... 0
Internet Services....................... 0
Groceries etc. ......................... 60
Clothing................................ 0
Petrol/diesel........................... 80
Road tax................................ 10
Car Insurance........................... 41
Car maintenance (including MOT)......... 10
Car parking............................. 0
Other travel............................ 0
Childcare/nursery....................... 0
Other child related expenses............ 0
Medical (prescriptions, dentist etc).... 7.2
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........................... 0
Holiday................................. 0
Emergency fund.......................... 0
Total monthly expenses.................. 887.3


Assets
Cash.................................... 0
House value (Gross)..................... 0
Shares and bonds........................ 0
Car(s).................................. 1000
Other assets............................ 0
Total Assets............................ 1000

No Secured nor Hire Purchase Debts

Unsecured Debts
Description....................Debt......Monthly...APR
Credit Card....................6000......250.......16.9
Loan...........................10000.....235.......0
Credit Card ...................1500......100.......0
Total unsecured debts..........17500.....585.......-


Monthly Budget Summary
Total monthly income.................... 1,200
Expenses (including HP & secured debts). 887.3
Available for debt repayments........... 312.7
Monthly UNsecured debt repayments....... 585
Amount short for making debt repayments. -272.3

Personal Balance Sheet Summary
Total assets (things you own)........... 1,000
Total HP & Secured debt................. -0
Total Unsecured debt.................... -17,500
Net Assets.............................. -16,500

ladycorsair

Hope I did that right... I also have an Overdraft of £5550 but I don't have a repayment scheme on that. I'm currently trying to lower my mobile phone payment with o2... we'll see how that goes. What do you think? x