In debt and scared

lynzpower

pop youre SOA here and we can all advise on where you are being ripped off ! and find extra money for you to pay towards your debts

gettingitsorted

sarah1975uk wrote: »

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!

:T :T :T great news sarah

Sus1e

Well done on taking the first step.

Now it is time to sit back and detail out exactly what you pay out each month and how much you get in. The CCCS will need this so you may as well post it on here so that we can help as well.

Welcome to the MSE Family.

quantumleap

Sarah,

You've done remarkably well thus far. Do post you SOA on this thread as it's likely that you'll get a lot more advice on how to progress further.

sarah1975uk

still trying to deal with stuff, scary eh! Need your help guys just got home and received a claim from the court made by welcome finance. god now im scared.

chevalier

My suggestions would be
1) Get all your paperwork and put it into piles by company. It always feels better if you are organised
2) Get a form letter set up on your pc, to say that you are going to be going through CCCS from now on so that you can send that to your creditors when you get your CCCS number
3) Once CCCS have taken on your case, give your other debt managment company notice that you are leaving them. Check you terms and conditions to see how much notice you have to give.
4) Look at getting a new basic bank account to pay your wages into and your CCCS payment/mortgage out of, this is so that you can
5) start claiming back any charges on your credit cards and previous bank account. There is a good thread on this site about how to go about it.
6) You can check to see if you are in the right banding for council tax. If you aren't then you can claim a refund for all the years that you have lived in the house.

A bit of a daunting list I know, but it will start the ball rolling. You will need to get your paperwork in order so that you can go through all your income and outgoings with CCCS for example. And in doing this you will be then in a position to post your Statemtent of Affairs (as has been suggested above), so that we can help you trim some money off your outgoings.

As for Welcome Finance, I would suggest that you refer this to CCCS and they will help you with it.
best of luck
chev

sarah1975uk

chevalier wrote: »

My suggestions would be
1) Get all your paperwork and put it into piles by company. It always feels better if you are organised
2) Get a form letter set up on your pc, to say that you are going to be going through CCCS from now on so that you can send that to your creditors when you get your CCCS number
3) Once CCCS have taken on your case, give your other debt managment company notice that you are leaving them. Check you terms and conditions to see how much notice you have to give.
4) Look at getting a new basic bank account to pay your wages into and your CCCS payment/mortgage out of, this is so that you can
5) start claiming back any charges on your credit cards and previous bank account. There is a good thread on this site about how to go about it.
6) You can check to see if you are in the right banding for council tax. If you aren't then you can claim a refund for all the years that you have lived in the house.

A bit of a daunting list I know, but it will start the ball rolling. You will need to get your paperwork in order so that you can go through all your income and outgoings with CCCS for example. And in doing this you will be then in a position to post your Statemtent of Affairs (as has been suggested above), so that we can help you trim some money off your outgoings.

As for Welcome Finance, I would suggest that you refer this to CCCS and they will help you with it.
best of luck
chev

How very kind of you to post such a lengthly post it really is much appreciated :beer:

Ok im now in a position where i have amended outgoings on cccs web site and listed all debts etc and soa Just waiting for the email so i can copy and paste the soa on here for you. Still crapping myself about this court letter i have received. will call cccs, really want to bang myself agaisnst a brick wall for ever getting myself into this mess. But am determind to try and get this sorted.CCCs have recomended a DMP for me scared that im now going to be in debt until im dead and burried with no prospect of a debt free life, are dmp for a set period of time or what? still confused lol and no im not blonde lol

thanks again for all your love and support its keepign me going at the moment xxxx

sarah1975uk

Mortgage £558
Water £50
Council tax £100
Gas £50
Electricity £50
Building and contents insurance £40
Telephone, mobile & internet £60
TV licence £12
Satellite £43
Repairs and maintenance £100
Childcare £667
Fines, CCJs, Decrees £20
Life insurance/pensions £40
vehicle spares and servicing £20
Road tax £11
Motor insurance £38
Vehicle breakdown cover £7
Fuel & parking £110
Food & housekeeping
Food, toiletries, cleaning £395
School meals/meals at work £172
Cigarettes£70
School trips and activities £30
Medicines/prescriptions £7
Dentist/opticians £13
Hairdressing £30
Laundry/dry cleaning £30
Clothing & footwear £70
Sports, hobbies, entertainment £50
Children's pocket money £30
Sundries/emergencies/other costs
Sundries/emergencies £45

Total expenses £2,918


Total income £2,993

Total expenses £2,918

Surplus (Deficit) £75

Additional information Comment
No of adults 1 Dependants 3


My Creditor List

Debts

1 Halifax Credit Card £2,000 Monthly payment supposed to be £125 2 Halifax Personal Loan £13,000 Monthly payment supposed to be £236 3 Halifax Overdraft £2,500 Monthly payment supposed to be £125 4 HSBC Credit Card £5,000 Monthly payment supposed to be £125
5 welcome financial services Car HP £7,313 Monthly payment should be £236

TOTAL OUTSTANDING DEBT IS £29,813 TOTAL Monthly payments should be £847 (had i not defaulted on monthly payments)

lynzpower

are you actually spending this amount? or have you just generated these figures for CCCS?

silkglade

sarah1975uk wrote: »

Mortgage £558
Water £50
Council tax £100
Gas £50
Electricity £50
Building and contents insurance £40
Telephone, mobile & internet £60 This can be cut down
TV licence £12
Satellite £43 This can be cut down too
Repairs and maintenance £100
Childcare £667
Fines, CCJs, Decrees £20
Life insurance/pensions £40
vehicle spares and servicing £20
Road tax £11
Motor insurance £38
Vehicle breakdown cover £7
Fuel & parking £110
Food & housekeeping
Food, toiletries, cleaning £395 I think this can be reduced
School meals/meals at work £172 maybe this too
Cigarettes£70
School trips and activities £30
Medicines/prescriptions £7
Dentist/opticians £13
Hairdressing £30
Laundry/dry cleaning £30
Clothing & footwear £70 I think this can be cut a bit
Sports, hobbies, entertainment £50 Possibly saving to be made here too
Children's pocket money £30
Sundries/emergencies/other costs
Sundries/emergencies £45


Total income £2,993

Total expenses £2,918

Surplus (Deficit) £75

Additional information Comment
No of adults 1 Dependants 3

Hi Sarah and welcome to MSM, there are always great ideas from those who are already on the path that you are about to take.

You will find the most amazing people become part of your life and in some respects your advisors. I know that the people on here are from all walks of life and in all situations.

We will be here for the good times and bad times and not just here to judge.

I think you could make some cut backs especially with your phone and satallite. Have you thought of changing to a package deal - Sky are advertising some great offers along with Virgin Media (formally Telewest / NTL) we have our phone line with free weekends, full tv package (exceps sport and films) and broardband for £26 per month with Virgin media.

Also if you become a Virgin media customer you can ask for a SIM only deal whick for £10 a month (not contract but pay monthly that you can cancel at any time) you get 300 texts and 300 anytime any network mins. Bargain I got it for hubby and Son.

If you could sort that then you could have a potential saving of £77 without the mobile and £67 with the sim offer.

I think you could maybe cut down on the housekeeping a bit too, I don't know how old your Kids are (if they are in nappies etc)

Take a look at Immoral_angels debt free diary for ideas and encouragement. It always helps me.

Hope this is a start of the hlep you need and sorry if I have not helped