In debt and scared

sarah1975uk

Been in debt for quite sometime, went throught he stage of burrying my head in the sand, then instructed a debt management company to help me sort stuff out, and paying £150 a month to them still to share between my creditors, now the creditors seem to think they no longer accept my payment offers and some threatening court, given defaults etc etc. nowim scared big time, really depressed, obviously lost all credit worthyness and to be honest yes its my fault and really never ever want credit again. The only secuirty i have for me and the kids is my home which is mortgaged, i have never ever missed a payment, what is the most these creditors and dca can do regarding unsecured debts?? i do have debts but have always paid my mortgage and am scared that they could force me to sell my home. CCJ i can deal with to an extent as i cant get credit and to be honest dont want credit anymore. Really feel like thowing in the towel kids at the moment only thing keeping me going! Total debts about £29k scared to answer the phone and the door too at the moment and when i go out every window and door locked at fear of them commng to my home and clearing it, i dont have a lot but what i have got is mine and the kids scared about havin to potentially start all over again. majority of the debts is charges too i think which is what got me into loads of debt in the first place.

webitha

you need to put up your SOA (see southernscousers sticky at the top of the board) then let us work our magic

dont worry noone will judge as we are all in the same boat here

p.s welcome to MSE hun

KellsBells

Hi there,

You've taken the first scary few steps by coming on here and asking for help - there are some amazing people who use this site so all I can say is take their advise.

I know what you are going through - I too am in a bit of a mess but sadly I can't say I've never missed a mortgage payment (at the moment I'm two months in arrears). Don't be scared, we're all here to deal with our debts together.xx

wewillclearthis

hi firstly you need to get out of the debt management company if you go with cccs , or cab they will do EXACTLY the same for free so thats another £150, towards your debts, i have also read somewhere that they hold more respect with creditors as creditors know you pay a fee to a debt man company - money that could be going to them. if you set yourself up with them then if you take any calls or letters you can just advise them to deal with cab (whoever) who are acting on your behalf

sarah1975uk

wewillclearthis wrote: »

hi firstly you need to get out of the debt management company if you go with cccs , or cab they will do EXACTLY the same for free so thats another £150, towards your debts, i have also read somewhere that they hold more respect with creditors as creditors know you pay a fee to a debt man company - money that could be going to them. if you set yourself up with them then if you take any calls or letters you can just advise them to deal with cab (whoever) who are acting on your behalf

I think that out of the £150 i pay to the debt management comapny takes about 25 as their fee. it was hard enough for me facing facts and going through the tough job of listing debts and them writing to creditors to offer payments, am scared of doing this agan.

My main issue is regarding potentially loosing my home, as i said originally mortgage payments maid in full on time and never missed any payments, Can unsecured debts / creditors force me to sell my home surely the idea of unsecured means not secured on home etc therefore do they have the right to force me to sell the house?

gettingitsorted

Sarah you need to contact either

https://www.payplan.com
https://www.cccs.co.uk

both are non fee charging

wewillclearthis

sarah hun, i totally understand what you are going through and the stressing re the house and the horror of having to contact them all - i said in my earlier post to deal with a non fee paying company i am with cccs - they do your soa and send you lots of letters to send to creditors along with the soa they prepared - IF creditors phone just say cccs are acting on your behalf give them your ref number. Re your house worries well cccs put your mind at ease about this so if nothing else at least ring they are lovely i havent missed mortgage pyt and am in a dmp at the moment i think this is fine - i dont know how i stand with all the new bailiff stuff that is coming in but at least you are doing your all to sort this but i do understand what you are going through and it is hard but i promise if you pick the courage up to phone cccs tomoro when they are open and maybe tonite or tomoro jot down stuff that is stressing you out so you can sit and talk to someone for free who knows what you want to know it will help you - please please dont make yourself ill for this keep in touch x

sarah1975uk

wewillclearthis wrote: »

sarah hun, i totally understand what you are going through and the stressing re the house and the horror of having to contact them all - i said in my earlier post to deal with a non fee paying company i am with cccs - they do your soa and send you lots of letters to send to creditors along with the soa they prepared - IF creditors phone just say cccs are acting on your behalf give them your ref number. Re your house worries well cccs put your mind at ease about this so if nothing else at least ring they are lovely i havent missed mortgage pyt and am in a dmp at the moment i think this is fine - i dont know how i stand with all the new bailiff stuff that is coming in but at least you are doing your all to sort this but i do understand what you are going through and it is hard but i promise if you pick the courage up to phone cccs tomoro when they are open and maybe tonite or tomoro jot down stuff that is stressing you out so you can sit and talk to someone for free who knows what you want to know it will help you - please please dont make yourself ill for this keep in touch x

Can you shed any light on the new balif stuff thats going on? that scares me big time too. xx

sarah1975uk

sarah1975uk wrote: »

Can you shed any light on the new balif stuff thats going on? that scares me big time too. xx

Am on the phone to CCCS now am poohing myself now! in a que hope this doesnt take too long.

A massive thank you for all my new friends on here for helping and guiding me through this stressful process.xxxx

beanielou

Well done sarah on contacting CCCS.
Thats the way to go girl.

sarah1975uk

Have been on to CCCS and started the process of dealing with my debts, need to try and cut back to pay the debts. So will keep you updated!