Help Needed

hereintheuk

The ex has got herself into a bit of a pickle with money.

Her overdraft is 3000 pounds and she is at 3200.
And her credit card is maxed out at 1500. Total debts are just over 15k
She was managing until she lost her job suddenly and at the end of june they didnt pay her like they said she would.

So now she doesnt have a penny to her name.

She starts work again next week but its only part time. I have told her to open a Basic Bank Account so her wages wont get swallowed up. Her bank will not assist her and to be honest I dont really see what they can do.

Yes a few years they consolidated for her.

Her outgoings exceed her income and she is worried sick about losing everythnig. Her house is on the market and she has over 50000 of equity so an IVA is out of the question.

The sensible thing to do would be to get the money paid into the Halifax but with two young kids she has to continue to clothe feed them and pay her bills.

Any advice would be appreciated.

hypno06

I think her first step would be to telephone her creditors and explain the situation - that she has been left in the lurch by her employers but starts part time work soon and is looking for full time work.

Hopefully they will then give her a bit of time to sort things out. To prove that she is sincere, a token payment of £1 to each creditor should be made.

Others will be along to give you some more advice, I'm sure.

angelavdavis

What has happened with her last salary then? Has she chased up the payment? She should go to CAB to seek legal advice on this.

Did she sign on when she was made redundant? Has she approached the benefits agency?

If she has children, she should contact the benefits agency to see if she can get a crisis loan to help her out temporarily with the children until she starts work again.

As Hypno says, she should also contact her creditors (personally, I would advise she does this in writing and sends the letters recorded delivery in case they deny all knowledge). Nationaldebline.co.uk will have various letter templates she can use as a starting point and amend as required.

Once she is sorted with another bank account as you have recommended, ensure she claims for her bank charges back.

poppyjay

have you checked with the tax credits to make sure your getting the right amount also try getting rid of a few things on ebay i had to sell everything which was not nailed down !!! good luck (10p listing day today)