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just wiped some of my debt off!

trundles
trundles Posts: 33 Forumite
in Debt-free wannabe
Hi all

I just wanted to let you know that today I have just cleared off £14,700 of my debts! ok I still have £17,000 left and yes I could have tried for an IVA or gone bankcrupt but I think this is the best thing for me I can now plough £500 a month to my remaining debt of £17,000 and get it cleared in around 3 years and be totally debt free and have a slightly improved credit rating!

So I am feeling very pleased thank you to everyone on this fab site who has given advice and support

:beer: going to have a drink tonight!!
Light bulb moment :idea: April 2006

Debt at highest £32,000:eek:

remaining debt £17,000
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Comments

  • lynzpower
    lynzpower Posts: 25,311 Forumite
    10,000 Posts Combo Breaker
    OH MY GOD - how did you manage that? :T :T Well done!
    :beer: Well aint funny how its the little things in life that mean the most? Not where you live, the car you drive or the price tag on your clothes.
    Theres no dollar sign on piece of mind
    This Ive come to know...
    So if you agree have a drink with me, raise your glasses for a toast :beer:
  • flower_72
    flower_72 Posts: 258 Forumite
    WOW!!

    I bet that must feel good.

    Congratualations trundles!!
  • red74
    red74 Posts: 348 Forumite
    Woah - congratulations :T

    I may very well have a drink in your honour:D
    1st April 2008 challenge
    :mad: xmas overspend = [strike]£254.05[/strike] £0:j......cc1 = [strike]£240.78[/strike] £0:j .......cc2 = [strike]£667.47[/strike] £0 :j ...amount owed to ISA = [strike]£1599.90[/strike] £0:j
    TOTAL TO GO = [strike]£2762.20[/strike] £0 !!!:dance: DONE IT DONE IT DONE IT!!!:dance:
  • trundles
    trundles Posts: 33 Forumite
    I was lucky enough to have some money invested in a house which was sold and I got £15,000 I was refused an IVA a few months ago and my debt management company told me they wanted to try for another one which would more than likely be refused then I could just go bankcrupt!

    I thought thats just silly I can actually if I sit down and think about this sort this out in a way that will make me feel better clear all my debt because it was my stupid fault I got in to it in the first place and possible help my credit rating slightly!

    So there goes £17,740 remaining and 3 to being debt free!!!!:T
    Light bulb moment :idea: April 2006

    Debt at highest £32,000:eek:

    remaining debt £17,000
  • trundles
    trundles Posts: 33 Forumite
    ooopps 3 years! must be the excitement!
    Light bulb moment :idea: April 2006

    Debt at highest £32,000:eek:

    remaining debt £17,000
  • Seaxwyn
    Seaxwyn Posts: 4,896 Forumite
    Well done trundles. £14,700 in one go is amazing - I'm in awe. Good luck with the remaining 17k.
    Total debt: 1 January 2007 £[strike]49,387.79[/strike] 1 January 2012 £[STRIKE]19,312.85[/STRIKE] 1 August 2012 £11,517.62



  • steve700
    steve700 Posts: 312 Forumite
    trundles wrote: »

    if I sit down and think about this sort this out in a way that will make me feel better clear all my debt because it was my stupid fault I got in to it in the first place and possible help my credit rating slightly!

    So there goes £17,740 remaining and 3 to being debt free!!!!:T
    Well done :D
  • tooties
    tooties Posts: 801 Forumite
    very very very well done
    :j
  • taxi73
    taxi73 Posts: 20,815 Forumite
    Wow well done that must be a relief
  • blackangeluk
    blackangeluk Posts: 837 Forumite
    Well done, what a fantastic feeling. Good on you for sticking it out as well.
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