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Suicide couple's debt despair!!
stebiz
Posts: 6,592 Forumite
I came across this article relating to a husband and wife who have died - it appears because they were in debt. It is such as sad story.
http://icliverpool.icnetwork.co.uk/0100news/0100regionalnews/tm_headline=suicide-couple%2Ds-debt-despair%26method=full%26objectid=18433183%26siteid=50061-name_page.html
I was in a bad situation with debt about 7 years ago. I can tell you there were times when I could cry myself to sleep (that is when I could get to sleep). The harder I worked the more I struggled to pay the spiralling bills whilst the charges and interest piled up. In the end I stopped my self employment and rang all my creditors and offered them £1 a month. If they didn't like it they could lump it. What a relief I felt!! All creditors froze my interest and over the last 7 years (after starting a new job) I have paid off the debt. I still owe a few bob - but I pay no interest and I only pay £5 a month so as far as I'm concerned this can take 20 years to pay off I don't care.
In the meantime I can now make savings. I'm getting some lovely work done (not on credit) to my house and have 3 lovely kids.
Do not despair. Money is not everything in life and they can't get money from you that you haven't got. Please be rational in your thoughts, especially at this time of year. We are all here to help.
Stebiz
http://icliverpool.icnetwork.co.uk/0100news/0100regionalnews/tm_headline=suicide-couple%2Ds-debt-despair%26method=full%26objectid=18433183%26siteid=50061-name_page.html
I was in a bad situation with debt about 7 years ago. I can tell you there were times when I could cry myself to sleep (that is when I could get to sleep). The harder I worked the more I struggled to pay the spiralling bills whilst the charges and interest piled up. In the end I stopped my self employment and rang all my creditors and offered them £1 a month. If they didn't like it they could lump it. What a relief I felt!! All creditors froze my interest and over the last 7 years (after starting a new job) I have paid off the debt. I still owe a few bob - but I pay no interest and I only pay £5 a month so as far as I'm concerned this can take 20 years to pay off I don't care.
In the meantime I can now make savings. I'm getting some lovely work done (not on credit) to my house and have 3 lovely kids.
Do not despair. Money is not everything in life and they can't get money from you that you haven't got. Please be rational in your thoughts, especially at this time of year. We are all here to help.
Stebiz
Ask me no questions, and I'll tell you no lies
0
Comments
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Well said stebiz!0
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Such a sad story, they must have been scared stiff. Its time all creditors, DCA and baliffs were made more sympathetic.Barclaycard 3800
Nothing to do but hibernate till spring
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That is really sad. My god how much did they owe out ??:A Tomorrow's just another day - keep smiling0
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