Am finally facing up to my debts :o

jandk

I kind of did something about it last year - I went to a fee paying debt management company and have paid a little bit off each of my debts.

I am in about £25k to £30k of debt - I really don't know how much

Am just organising Payplan. I sent my letters of to creditors yesterday requesting total amounts.

I owe HSBC something like £15,000 - personal loan, flexi loan and credit card. My previous DM company couldn't get a result from them and HSBC were hassling me to organise a managed loan.

So, do I include HSBC on my DMP with Payplan, or do all my other debts (they were quite happy with my previous DM company) and do HSBC seperately?

Also, I was paying the other company £350 per month, they took £39.50 of that. I have since had to cut my hours down as I couldn't afford childcare so am oly owrking mornings when my son is in preschool.

I am hoping my creditors will accept a total of £250 between them now.

Another thing, my husband has no idea about this - I cannot tell him as he is really annoyed about debts and things, so am doing this on the QT - I have a postal box that I use for correspondence.

Do you think I could join this debt free wannabe list please?

J - who's going to try and be debt free by 2013.

emzig123

Hey JandK,

Welcome to DFW, lovely to see a new 'face'!

If you read SouthernScouser's sticky at the top of the forum (the one for new posters) and post an SOA then people can have a look and see how to save you money and get rid of the debts.

Good luck and welcome xx

Mindy_2

Hi there and welcome to MSE!!

I don't know enough about PayPlan as we are sorting out our debts on our own, but I am sure someone will be along to help you.

To joing the debt free wannabe list, put a post onto the bottom of Southern Scousers DFW list - sticky at top of forum - he updates the list regularly and will give you a number there.

Would it help to post a Statement of Affairs - another of Southern Scousers stickies will give you an idea of the breakdown.

Good luck.

Mindy_2

Hey Emma - snap!