Please Help need info on a loan

emweaver

jamesd wrote: »

Your general situation is clear enough:



So what I suggest is:

A. You consider again whether you do or don't wish to have this baby, since ability to pay for the costs of a child is a critical part of a decision to have one.
B. If you do wish to continue, you produce a statement of affairs for your finances as they will be after the child is born and start to arrange a debt management plan for that time with your creditors now, so that you will have this part of your worries taken care of before birth. You are choosing to default rather than being forced to, so don't expect a particularly welcoming reception from them.

Avoiding defaults and debt management plans seems to be unrealistic given your current plan and it's best to get these things done sooner rather than later if your plans don't change.

She clearly does want this baby or she would not be keeping it! Your message implies she should kill her unborn child just because she can't afford to keep up a loan repayment!? :eek:

jamesd

Reply to off topic post removed.

worked_hard_for_the_money

Dear Bambi22,
I took a peep on this site tonight and wish I hadn't ! Reading the majority of the responses to your question was enough to throw anyone into a deep depression. Firstly many congratulations on expecting your new baby ! Reading your post you already understand the difficulties you will face with financing your new arrival and the decrease in your salary. I am not a learned financial advisor but I would suggest making an appointment with the Citizens Advice Bureau and they may give you guidance on further benefits you may be entitled to once the baby is born; also advice on approaching your creditor to reduce/freeze the payment whilst you are on maternity leave.
I send you best wishes and the news that a new life is entering this world in a time of economic gloom is uplifting !! Good luck Bambi22 X

emweaver

jamesd wrote: »

My post neither said nor implied killing a child. At present she has no child, but a foetus that may eventually become a child.

My message implies that she has choice, in this case to have a child born into and growing up in relative poverty or not. That's a choice for her to make. She also has other choices, like less time off work, seeking money from family and such.

I'm entirely happy for someone to choose not to have a child if they believe that they cannot afford to have a child at the moment. And to have them make that choice at any point where the law permits them to make that choice. That's responsible parenthood decision making.

If you have religious beliefs that cause you not to want to make that choice at certain times or in certain ways, that's just one of the constraints that you should consider in your own planning. Preferably before you place yourself into a position where you have only choices that will harm a child or foetus or fertilised ovum remaining.

That's the unfortunate situation that babi22 is in and I hope that at least most people reading this will agree that it is a situation best avoided. bambi22 can't avoid it but at least we can be open to all of her options.

How do you know how far she even is? Do you realise the baby is fully formed by 12 weeks!?

Moneymash

Bambi22,

Your main priority is the baby and doing what's right, do a statement of affairs, talk to the cccs or payplan who for free can help you with a debt management plan and or go back to work early. You don't mention the father, family or friends that can provide help so a dmp or going back to work early are your options.

Get over to the Home and Play board:the Marriage, Couples and family moneysaving forum and tell them you are having a baby and they will make suggestions on getting cheap baby products and making your money go further.

Good luck and congratulations on the little munchkin.

jumperjohn

jamesd wrote: »

My post neither said nor implied killing a child. At present she has no child, but a foetus that may eventually become a child.

My message implies that she has choice, in this case to have a child born into and growing up in relative poverty or not. That's a choice for her to make. She also has other choices, like less time off work, seeking money from family and such.

I'm entirely happy for someone to choose not to have a child if they believe that they cannot afford to have a child at the moment. And to have them make that choice at any point where the law permits them to make that choice. That's responsible parenthood decision making.

If you have religious beliefs that cause you not to want to make that choice at certain times or in certain ways, that's just one of the constraints that you should consider in your own planning. Preferably before you place yourself into a position where you have only choices that will harm a child or foetus or fertilised ovum remaining.

That's the unfortunate situation that babi22 is in and I hope that at least most people reading this will agree that it is a situation best avoided. bambi22 can't avoid it but at least we can be open to all of her options.

Stupid babble. If your advice is for the op to have an abortion then keep quiet, utter useless, unkind and immature post, you need to think before you type tosh. She is in enough stress as it is and perhaps a little naive to think that supportive advice could be found on an open forum where trolls lurk.
No doubt you'll respond with more wisdom.

jamesd

Reply to off topic post removed.

Moneymash

Hi Bambi22,

Just so you know if you click on jamesd name you can add him to your ignore list.

bigadaj

Jamesd posts are perfectly logical, just not very sympathetic.

The OP needs to plan what viable options are available in the time before the baby is born, there will be no magic wand wiping away the debt.

Anyway trying to fe-schedule those debts over many years given the stated earnings is illogical, defaulting would be less painful as there would be a clean slate after six years. Speak to a debt charity and a DMP or similar may well be the way to go.

DCFC79

worked_hard_for_the_money wrote: »

Dear Bambi22,
I took a peep on this site tonight and wish I hadn't ! Reading the majority of the responses to your question was enough to throw anyone into a deep depression. X

What on earth is wrong with the replies on the first page, nothing was wrong with them except being honest/truthfull so stop being melodramtic.