No More! debtfree2015's diary

debtfree2015_2

:j:j:jPPI Claim successful!!!!!

More than I expected too - I didnt know about interest they added on, quite a nice surprise!!!

So Im now going through my spreadsheet, trying to work out if I can clear my OV and get a car - it will still be a run around ie £500-£600 at a guess, I think it will be do-able around april-may time, so Id only be doing the bus route for a couple of months.

Need to make sure I can also save monthly for MOT & possible problems, if nothing occurs I can then use that money to pay the following years insurance up front.

My spread sheet is so much clearer now, with most bills coming from old account, and transferring regular amounts over.

Payment is due within 4 weeks of my acceptance, so hopefully before the end of Jan!

Hope this is just the start of good things in 2012!!!!!:T:T:T

debtfree2015_2

Well...

crashing down to earth!

Unless I find a job by May, I will have no choice but to go on a DMP. Ive been looking since March so almost a year - without a car in this village no chance.

Haven't got the funds to move somewhere more local to work - I chose this dump because it was within the local housing allowance and isolated as it was safer, there is no where cheaper in the area.

If I use the PPI money to get a car, Il have approx 2 months to find a job before I have to default. If I dont use the PPI money for a car, Id be defaulting around August/Sept.

I knew Housing benefit was being cut, I just hadnt updated my spreadsheet - in my head it seemed doable as I only expected to be out of work a month or two not a whole year!
I reduced shopping budget to £18 a week on spreadsheet - which realistically I know will not be doable and itl be a drop in an ocean to what I owe.

The course is a year long, it will stand me a good chance of getting a job or I can use it to go self employed.

If the worst comes to worst and I have to do it, the positive is I can manage the current payments until then so I will have knocked a good chunk of my loan & 1 cc (low interest) the other two Il have barely touched because of the interest.

Ive applied to all the local shops & supermarkets - that I can only work during childcare hours & bus times (first bus at 7.45 last bus at 6!) Then again, a car wouldnt give me a lot more flexibility as childcare is the same hours!

Aaaaarrrrgggggg again all boils down to him if we hadnt had to run to be safe Id still be at work and debt free, my daughter would get days out, camping holidays its all pants..... just makes me so MAD:mad::mad::mad::mad::mad::mad::mad::mad::mad::mad::mad::mad::mad::mad::mad::mad::mad::mad::mad::mad:

debtfree2015_2

Have got the frustration out of my system now.

Got a slight possibility - I keep forgetting I have got a 1 month break allowance from my loan! If I use that in april, it will give me an extra few months to find a job....

I was also thinking, it might do less damage to come to an arrangment on my loan than do the loan and all the cards. My thinking is, I pay the same on all three cards, if I lowered my repayment to the same for my loan I would cope well - yes my record would be blemished, but just one deal broken instead of 4....

Im going to keep thinking it over, no rash decisions!

debtfree2015_2

well my last post was me getting ahead of myself.

An arrangement on my loan would only help me for a few months.

I went back onto CCCS, the advise changed from DMP to dro....

My head is all over the place.

My visitors are due soon, Il talk it over with them over the weekend. I wont act until the cuts Ive been told will happen do happen, as for all I know they may back track, and I might just find a job by then.

debtfree2015_2

Well, after a conversation with the people I spent new year with, I have decided to go ahead with the DRO. Im praying its the right decision, Il kick myself if I go through this then find a job weeks later, my credit will have been trashed for nothing!

Im very very nervous about it, to the point I feel sick with worry.

I called this morning to clarify a few things the lady calmed me down, she was so friendly & non judgemental, she said getting my address blocked should be fine, they have done it previously for people in the same situation, though she wasnt sure how to go about it, she said Id get more details when I sent my information in. Ordered my credit report, started going through paperwork to find recent statements.

The lady is sure there is no reason for it to be rejected, she said my outgoings were all low, she actually increased some to allow more for food! I dont know why, Im just expecting problems. I worry that the bank will kick off. I suppose the worry is normal.

On the other hand Im trying to calm myself down, if they do kick of, the worst thing that can happen is it doesnt go through....then I carry on with token payments until I find a job or work picks up.

Still got that sicky feeling, almost like nerves before my exams at school, or driving test stomach churning like mad!

Going to read up on postal orders now havent got a clue how/what/when/where!

Il either be on here loads the next few weeks / months stressing or non existant until its sorted....depends what helps my stress most!

debtfree2015_2

Been online most of the day, trying to prepare myself for worst case scenario's!

If I hadnt just been given this PPI money I wouldnt be freaking out. I keep thinking one of the creditors will kick up a fuss. Most of it was swallowed up by Overdraft, I thought about splitting it, but then I was worried it might look like I was purposefully getting further into debt ie that money fell into Overdraft & Im purposefully taking some of it out to pay others, if that makes sense!

I done what the lady said re leaving it there & taking out the rest to cover DRO fee, court fee for holding address & save the rest. - but I think I will reconfirm this with them when I send my details in.

In the meantime, Ive rewritten my letters a good 6 times, I just cant decide what to say, or when to send them.

Im a little stress ball at the moment just want for this all to be over!

debtfree2015_2

Im still a nervous wreck. Just want it all to be over asap.

Keep trying not to think about it, but not doing very well. Ive always been a pessermist, but for me it was a positive ie expect the worst & if it doesnt happen its a good feeling, rather than think positive and be disapointed when it things go wrong.

dreading the calls & questions & threats.

Its going to be a slightly longer process, just because of the court thing re my address. I just hope its over soon.

MuffinTops

Hi debtfree,

I've just caught up with your diary and I'm so sorry to hear how anxious you're feeling at the moment. You've obviously thought it all through properly and made the right decision for you. At the end of the day, it's not the establishment calling you, it's just one person , probably working on a type of call centre who will hopefully be quite understanding of your situation, particularly in this climate. But if they're not then just keep in your mind that you are being open and honest about your situation and that you didn't make that decision lightly.

At the end of the day there is nothing they can do but accept what's going to happen. But why not pop onto another forum on here for people who have been in your situation or are at least a little ahead in the game to see if there's anything you can get from there which will help you feel better. If you haven't already that is.

You're being very brave DF, and as bad as you feel right now, you're on a rung of the ladder looking up. Once you get those calls or letters out of the way then you can start moving up that ladder to the light again.

Best of luck with it, and if you need any support at all then just shout.

debtfree2015_2

Hi Muffin,

hope you had a nice christmas.

Thank you, I did go over to that board, got some very helpful replies, they were the ones that told me re applying to courts to hide my address which is when I made the official call.

Im a worrier at the best of times, Im always better at diving in rather than waiting. If I wait im more likely to back out Ive had a few nights when Ive nearly backed out, but deep down I know Il only make things worse then I really will be in trouble.

I over analyse everything, keep looking for ways problems could occur etc, its kind of a way of preparing myself for the worst.

Sorry havent popped over to your diary been so self consumed its sickening:rotfl:will have a read in a bit x

MuffinTops

Hello DB,
I'm completely guilty of over analysing things myself and thinking them through to the point where I don't know what I really think as I keep changing my mind. But during a time of calm and talking to friends you made that decision and it's something you've been chewing over for a long time, so it's never going to be the wrong decision for you. Proper consideration went into that.

At the end of the day it is just money and that's not as important as family, lovely friends or your health. Any issues you feel you create with this decision are all repairable. You will soon be able to start on a new footing and move forward with the love of your friends and family.

Don't worry about catching up with my diary. I completely understand how you must be feeling. I almost had to set up an IVA a few years ago and the stress it caused me was something I expect you're feeling now. It's a dreadful experience but finances can be pretty forgiving and you can repair anything on your credit record given time.

Take care. xx