new to this whole thing

needfun43

hiya
i am really thinking about going bankrupt as have got to the point of feeling ill and trying to cope with debts of over 13 k
i know that doesnt sound much compared to some but i am on my own and just have no way of paying things
would anyone give me advice as to what my first step should be
debts are

credit card 9k
overdraft 2k
electric 565
poll tax last year 865
this years also 1100
water 77

will be starting new job as of 18.06.07
with roughly 1k a month before deductions
have already had bailif round on friday for the poll tax of 865
coming back on monday
i have no saving and have sold most things to keep afloat
am in rented accomodation

hopefully thats enough imformation for anyone to help
please please hurry as feel desperate

desperate_mum_3

Go to see the citizens advice or try the numbers below . paypal are very good .
Goodluck !!!
Paypal phone number is 0800-0854298
CCCS phone number is 0800-1381111
National debtline phone number is 0808-8084000

blondeannie

iam thinkinking of going to do an iva individual volantary arangment were u can become dept free in 60 months am just looking into it at the moment cos its a big dissision i am just like you but havnt got as far as the balifs yet let me know how you go on hope every thing goes ok and goodlook for the future

fermi

Yes. desperatemum's advice is good as the first thing you need to do is get some free professional advice from one of the charitable debt advice organisations.

You can get advice from a CAB 'money advisor' by making an appointment with one at your local CAB office. Make sure it is a 'money advisor' though.

You can also contact:

Consumer Credit Counselling Service. Tel: 0800 138 1111 http://www.cccs.co.uk/

Payplan. Tel: 0800 917 7823 http://www.payplan.com/

It is important to get this professional advice now because:

1) They can look at you finances in depth with an independent eye, and advise you what is in your best interests.
2) If you decide bankruptcy is you best option, the court would require that you had sought this kind of advice. So you may as well do it now.

If you want some general info on the process of bankruptcy you can look at:

http://bankruptcysupportersclub.co.uk

You've taken an important step already in getting this sorted out.

With regards to the bailiffs, make sure you know your rights. There is some excellent info here:

http://www.insolvencyhelpline.co.uk/debt_basics/bailiff-guide.htm

Richard_S

desperate_mum wrote: »

Go to see the citizens advice or try the numbers below . paypal are very good .
Goodluck !!!
Paypal phone number is 0800-0854298
CCCS phone number is 0800-1381111
National debtline phone number is 0808-8084000

desperate mum,

It's not very often you slip up; have you been doing some ebaying this weekend? :rotfl: :rotfl: :rotfl:

desperate_mum_3

Oh god ....you can tell i've had blonde streaks this week can't you .... sorry PAYPLAN !!
My daughter always laughs when i've had too many tipples because I ask for a dack janiels but luckily everyone knows what i mean ..and no before you ask i'm not drinking ...good idea tho

desperate_mum_3

Blondeannie .... don't do it .... I went to one of those companys spent 8 months giving them money and got no further , honestly it is a con .. you are not debt free in 5 years if it was true i would not have gone BR ....Talk to PAYPLAN about it first ...

needfun43

sent away for one of the iva's and got it on saturday but was nothing like what i had heard this one was over 117 months
now because of people actually putting what some of the letters mean things are a little clearer
what do i do about the bailiff that says i have to pay stuff to the council

Fedz

Richard_S wrote: »

desperate mum,

It's not very often you slip up; have you been doing some ebaying this weekend? :rotfl: :rotfl: :rotfl:

Spoonerism :rotfl:

tigerfeet2006

Needfun this is a useful link re: information on bailiffs and what they can and can't do. Hope it helps

http://www.insolvencyhelpline.co.uk/debt_basics/bailiff-guide.htm