HELP, I need some advice

happyhair

I need some advice on where to go from here.
I have had a phone meeting with cccs today. Have gone through my debts etc and income.I have been told they cannot help me!!! Has anyone been in this situation or can advise me on what to do next

Thanks

Happy hair ( or maybe today not so happy hair)

alidadas

What was there reason behind why they couldn't help you?
Do you not have enough surplus money?

When I spoke with them I had £100 to divide between 6 debts totalling £25K (largest was £15K) - they were able to help me (though we decided to go bankrupt instead)

alidadas

Edited as it posted twice for some reason

happyhair

thanks for the reply. i have not got enough surplus money each money. This was calculated by what I should have been paying.
They said cannot help, speak to creditiors pay a £1 a month or sell my house and rent!!!!!!!
have been speaking to creditiors who advised me to speak to cccs. The woman I spoke to today I feel she judged me and considering the phone meeting was to last at least an hour, I was on the phone for 26 mins!!!!
I was offered no other help at all. Not a happy bunny, thought this was going to help me not hinder me even more!!!!

lynzpower

Could you please do a SOA for us?

Read Southern scousers sticky "first time posters" I dont know whats gpoing on but CCCS do seem to e using the "sell your house" line a lot. Now it may in fact be a good idea, but lets see your SOA first

Dont panic
lynz

happyhair

being dump, what is soa?

alidadas

An SOA is a statement of affairs so you're basically telling us what your incoming is (and where from) and what your currently pay out (bills etc) and then a breakdown of your debt! I think there is a template here somewhere but I've not done one so dont know where!

Do you own your own home?

Thats strange as I found CCCS really helpful when I spoke to them (and I spoke to them several times) - we just decided that bankruptcy was a better solution for us (we'd spoken to CCCS about this too and they agreed but said they would do a DMP with us if we didn't want to do this)

LookingAhead

http://forums.moneysavingexpert.com/showthread.html?t=107280

Here you are HH, have a quick read of this if you are unsure about SOA.

gettingitsorted

you could try payplan.co.uk they helped us when the cccs couldnt

happyhair

thank you, am having a blonde day!!!!!

here is my soa!!!!!!

Income: self employed with own business, not doing so well this year!!!!!! £175 approx per week
self employed party plan - £50.00 per week

Outgoings:

Water: £25.00 per month - up to date
gas : £20.00 per month - up to date
elec: £10.00 per week - on key meter £5.00 per week taken for arrears of £250.00
Telephone: Mobile and Landline £50.00 per month - up to date
TV Licence: £12.00 per month up to date
Sky: £21 per month - up to date, changing to free view in new year
car fuel: £80.00 per month
Car insurance - £20.00 per month
Food per week £15.00
Clothing - £10.00
hobbies - £6.00 per week, dancing
Coucil Tax - £65.00 per month. in arrears of £500.00
Rent on house - £130.00 per month up to date, but arrears of £1448 added to mortage, as house is shared ownership with council. I own 50%
Debts

LLoyds TSB Loan - £8285.83 - £268 per month. only paying £50.00
More than cc - £4500 - £75 per month, only paying £40.00
Egg Card cc - £4900 - £95 per month, only paying £40.00
Lloyds TSB cc - £3308.38 - £65 per month, only paying £40.00
Abbey Mortage - £22.313.99 - £153.00 per month, paying that put in arrears of £550 paying £50.00 per month off arrears
overdraft Lloyds tsb - £2740.15, trying to pay £50.00 off


well that was not easy to do. but have now done it!!!!!! I hope it it makes sense to everyone.!!!!!

CLAPTON

it would help both you and everyone reading this if you worked out everything monthly and added up the totals

so for your income add up 175+50 = 225 and multify by 4.33 (to make it approx a calender month.
so total monthly income is 975

for your spending some are monthly and some weekly..multiple the weekly ones by 4.33
and add a total for your spending

also add a total for debts and monthly debts repayment