Getting The New Year Off To A Good Start

This is my first post and I would like to say Thanks to everyone on here for giving me the push I needed to sort out my debts. I have been reading with interest for a while but now it is time to get going and do something about it.
Debt as at Oct 2007:
Barclaycard £10,500 & £9,000
Natwest Loan & Overdraft £18,500
negotiating a repayment plan with no extra interest for these
Arrears on Mortgage/Loan&HP:

[strike]£6000.00/£3896.10/£4274.10[/strike]

negotiated with all 3 companies to pay by monthly installments with no extra charges.
currently £2500.00/£3000.00/£2722.48 outstanding
Nov07 to Feb08 £500.00 to be paid off each debt each month
Mar08 - Final Payments made for Mortgage & HP & £500.00 remaining on loan
Apr08 - All Cleared
Overdraft
[strike]£2,000[/strike]
cleared by reclaiming bank charges

Proud to be dealing with my debts :T

Comments

  • Well done Emmajay and good luck sorting out your debts :) if you have any questions dont hesitate to ask - there is always somebody around with advice or just a virtual hug when you need it :D
    :cool: Official DFW Nerd Club Member #37 Debt free Feb 07 :cool:
  • Mrs_Sparkle
    Mrs_Sparkle Posts: 1,805 Forumite
    Welcome EmmaJay! Wishing you lots of good luck for dealing with your debts. We're all here for moral support if you need us.
    Debt at highest May 2006: £27,472.24
    currently: £13,353.25
    DFW Nerd 178
    Proud to be dealing with my debts
  • Hello :hello: and welcome. Just give us a shout if there's anything we can help with. Pop up an SOA and we can make some suggestions if we can.
    Making my money go further with MSE :j
    How much can I save in 2012 challenge
    75/1200 :eek:
  • EmmaJay
    EmmaJay Posts: 21 Forumite
    Thanks for the support. Much appreciated.
    Debt as at Oct 2007:
    Barclaycard £10,500 & £9,000
    Natwest Loan & Overdraft £18,500
    negotiating a repayment plan with no extra interest for these
    Arrears on Mortgage/Loan&HP:

    [strike]£6000.00/£3896.10/£4274.10[/strike]

    negotiated with all 3 companies to pay by monthly installments with no extra charges.
    currently £2500.00/£3000.00/£2722.48 outstanding
    Nov07 to Feb08 £500.00 to be paid off each debt each month
    Mar08 - Final Payments made for Mortgage & HP & £500.00 remaining on loan
    Apr08 - All Cleared
    Overdraft
    [strike]£2,000[/strike]
    cleared by reclaiming bank charges

    Proud to be dealing with my debts :T
  • taxi73
    taxi73 Posts: 20,815 Forumite
    Hi and welcome:T :T you've come to the right place when your ready post your SOA and we'll all try to help:D :D:D
  • EmmaJay
    EmmaJay Posts: 21 Forumite
    What is an SOA?
    Debt as at Oct 2007:
    Barclaycard £10,500 & £9,000
    Natwest Loan & Overdraft £18,500
    negotiating a repayment plan with no extra interest for these
    Arrears on Mortgage/Loan&HP:

    [strike]£6000.00/£3896.10/£4274.10[/strike]

    negotiated with all 3 companies to pay by monthly installments with no extra charges.
    currently £2500.00/£3000.00/£2722.48 outstanding
    Nov07 to Feb08 £500.00 to be paid off each debt each month
    Mar08 - Final Payments made for Mortgage & HP & £500.00 remaining on loan
    Apr08 - All Cleared
    Overdraft
    [strike]£2,000[/strike]
    cleared by reclaiming bank charges

    Proud to be dealing with my debts :T
  • Hi emmajay, and welcome.

    See http://forums.moneysavingexpert.com/showthread.html?t=107280 to see about an SOA.

    You don't have to share one with everybody, but some do find it helpful to let others look it over and perhaps point out some ideas you may have missed.

    Well done on starting the DFW journey.
  • EmmaJay wrote:
    What is an SOA?

    There is a "sticky" thread at the start of the DFW board which explains.

    Welcome and good luck with your quest. You will find there is lots of support here.
  • Welcome & good luck!
    Nerd no 109 Long haulers supporters DFW #1! Even in the darkest moments, love and hope are always possible.

  • hypno06
    hypno06 Posts: 32,296
    Combo Breaker First Post
    Forumite
    Welcome! The only thing I can add to what has been said so far is to be honest with yourself! When writing your SOA, whether you put it on here or not, it is easy to miss off things that you think are not important. Remember that everything costs money, so even if it is only a small amount, like the cost of a newspaper or packet of polos, it is still being spent so therefore must be included.

    The more you acknowledge, the easier it will be (after the initial shock!).

    Everyone here has some experience of what you are going through so you are in good company and we are all happy to help.

    Good luck.
    Successful women can still have their feet on the ground. They just wear better shoes. (Maud Van de Venne)
    Life begins at the end of your comfort zone (Neale Donald Walsch)
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