ANY suggestions would help...

chr!s

hi,im new to this site,and was wondering if anybody had any advice for me...
my situation is, last october i was fired from my job.with no income,i ate anto my overdreaft.now,on top of the charges i incurred from the o/draft,i was also paying back a loan to my bank.obviously when i lost my job,i couldnt cintinue to meet the loan repayments.i contacted the bank,explained my situation but was informed nothing could be done to help me.
i contacted a debt advisor who told me to ignore the letters from the bank until,either they take me to court,or i can afford to start payin everything back.
im trying to get my feet back on the ground,but im going from rubbish job to rubbish job,have a very small income and im in quite a lot of debt considering im only 20!
any advice would be appreciated.

Skint_Catt

How much debt are you in?

try posting a full list of your incomings and outgoings (an SOA) and we can try to help you!

Have you signed on with plenty of recruitment agencies?

C xx

saffronflowers

Welcome and firstly fill in an SOA - the link of what to do below and then we can see your situation and do our all the help you out.

http://forums.moneysavingexpert.com/showthread.html?t=107280

sammy115

First off ignore the monumentally stupid advice on ignoring the banks letters.

I was in your position last year so I have every sympathy - its taken nearly 18 long months to catch up.

This is my advice.

1. Open a new bank account and have your wages paid into this account.
2. Stay in one rubbish job if you can - at least for the time being.
3. Post an SOA so we can evaluate the problem
4. Start a claim to claim back your charges
5. Write to the bank and explain the problem and offer them SOMETHING - even if it is only £1 per month.
6. Pay them what you agreed to pay them.
7. Respond to every letter you receive even if it is just to repeat yourself.

This is what i did last year and it stood me in great stead.