Hello, Can someone please help me

shanikang

Hi everyone, well you all sound nice, so here we go

I owe approx £8000 to 3 credit cards and 2 overdraughts and i can't see a way out each month i just get further into debt
.
Could anyone please tell me which way i should go from here.

My husband works via an agency and gets finished every December, i do work part time. The reason i have got into this debt is I had this great idea to buy and sell on the markets

I have been on another forum and got some really good advice because me and my wisdom decided to join a Debt Free Plan today, THEN i decided to ask people on here on the IVA forum, ( i seem to do everything backwards).
Anyway after their advice i phoned the Debt Free Plan people and cancelled it.

So if there is anyone out there who can help me sleep at nights i would be very grateful.

Thank you for reading

IF

Hi shanikang and welcome, Glad you started a new thread. First thing make a list of all your creditors, debts and assets. Secondly and most important is contact one of the following debt charities. Please try these they don't charge and are impartial. They will go through all your options with you and if they suggest bankruptcy then come back to this board and we will help you all we can. Also if your not ‘clicking’ with one of the Debt charities do try another.

Please don’t do anything rash take your time and weigh up your options and read everything you can x

For ‘essential’ BR info this is Fermi’s sticky - Click here

Main recommended sources of help:

• National Debtline - Website: National Debtline Telephone: 0808 808 4000
• Citizens Advice Bureau - Website: Citizens Advice or visit your local CAB centre (find nearest)
• Consumer Credit Counselling Service - Website: CCCS Telephone: 0800 138 1111
  

Others:

• Business Debtline - Website: Business Debtline Telephone: 0800 197 6026
• Christians Against Poverty
• PayPlan
• TaxAid - Help with tax debts.

And do remember we’ve all been through this and anything you don’t understand don’t be afraid to ask.

Best wishes
If...x

debt_doctor

Hi,

Have a look at the 'stickies' at the top of the bankruptcy board main page, especially the DRO one (CHECK THE ELIGIBILITY CRITERIA). You need also to get some advice in the first instance from one of the debt charities.

DD

shanikang

Thank you so much, i will try all you have suggested first thing in the morning, I feel a little tiny bit better having wrote it down and someone has listened.

Thank you

IF

Deep breath's you've done the first step and do let us know how you get on.

Best wishes
If...x

shanikang

Thank you, Don't worry i will.

Could you please tell me where i find DRO and whats a sticky, sorry to bother you again.

IF

shanikang wrote: »

Thank you, Don't worry i will.

Could you please tell me where i find DRO and whats a sticky, sorry to bother you again.

Here it is:-

Debt Relief Orders - Information & help - Click here

Ineedaname

For future reference a sticky refers to a 'sticky thread', one that is stuck or pinned to the top of the board. When you first log in the top few threads you'll see are preceeded with the word 'sticky' and this just means they'll always be at the top of the board.

IF

Ineedaname wrote: »

For future reference a sticky refers to a 'sticky thread', one that is stuck or pinned to the top of the board. When you first log in the top few threads you'll see are preceeded with the word 'sticky' and this just means they'll always be at the top of the board.

Thanks INAN, Forgot to answer that part of the question!!