Quit everything , and start again over 50?

another_casualty

Might as well give you a running commentary :
I had to contact payplan . Waited for 15 mins. The advisor I should have been dealing with is sick.
After explaining my situation , I was told to look into living disability allowance. I mentioned why I quit my job, so that triggered that.
I offered £13,300 as settlement . I'm being contacted back in 5 mins, whilst my advisor is looking into what the creditors will say.
More to follow

MrsPorridge

Fingers and toes are crossed.

enthusiasticsaver

Hopefully they will accept that. That is a little over 50% isn't it? I too think you should check out disability allowances if your health does not improve enough to be able to go back to a full time job.

another_casualty

Okay .. full and final ..explanation!
The lovely, helpful advisor was doing everything she could .
She did a great job of handling me at short notice . She gave me options and great advice . I had a couple of calls when she had to clarify with her supervisor . So, the best option which I have gone for :
Carry on paying the amount I'm now paying (£83.somehing I think )
Look for a property . She mentioned a small mortgage if need be.
I will speak with them in June and another review will happen then .
If things change before then , then I can contact them and let them know.
Basically, if the creditors know I'm living off the equity of my sale, then
They would want the full amount.
She did say, ask doctor about claiming from government as I'm not working and have a medical condition. She mentioned housing benefit, but I think she realised that won't happen .
She did say a ground floor flat/ bungalow may be good because of my condition. I didn't tell her about thei offer I put in for flat.
So, I have to sit tight and wait . She did say I should have told the creditors about change of address. However,I knew that my review was only 2 months from when I moved , and payplan have the expertise.etc.

Your thoughts ?

Worrierwalker

AC- Not wanting to speak out of turn here, as I know it's nothing to do with me, and you have other people far better qualified than me on here to advise you, but please make sure that you really, really love the flat you're offering on- I'm about to pull out of a house sale because of the attitude of the vendors.
btw, please don't think I regarded all your posts just as entertainment, I know we are talking about peoples lives and feelings here, it was a bit unfeeling of me to liken it to a novel.

lessonlearned

But it would make a great novel.

Man changes his life of drudgery as a wage slave for a life of fun and adventure, rediscovers his true self and gets the girl!!!

As the best reviews would say "a right, rollicking, good read".......:D

AC. I know you wanted the PayPal thing settled and off your shoulders but I think your advisor this morning counselled you well. As long as you are not racking up interest on your debts (my understanding is you won't be) then I think it's a great idea.

If nothing else you might earn a bit of interest - ok not much at the moment - but better than a slap round the face with a wet haddock.

Then you can sort it all out once you are moved and settled. You might get a better deal if you have less capital in the bank.

another_casualty

Worrierwalker wrote: »

AC- Not wanting to speak out of turn here, as I know it's nothing to do with me, and you have other people far better qualified than me on here to advise you, but please make sure that you really, really love the flat you're offering on- I'm about to pull out of a house sale because of the attitude of the vendors.
btw, please don't think I regarded all your posts just as entertainment, I know we are talking about peoples lives and feelings here, it was a bit unfeeling of me to liken it to a novel.

No it wasn't anything of the sort . I loved what you said regarding the novel:) (not a good novel by the sound of it )Not unfeeling at all.
Sorry that the vendors are peeing you off. So unnecessary .

I'm having communication problems with the estate agent.
I referred to her as a bimbo , mainly because she is young and has no warmth about her. People's skills aren't really there imho
If I get grief , then again, I will take it on the chin as part of life.
If the vendor starts playing games, then I'll pull out .
Something has to go my way eventually
Thanks

another_casualty

lessonlearned wrote: »

But it would make a great novel.

Man changes his life of drudgery as a wage slave for a life of fun and adventure, rediscovers his true self and gets the girl!!!

As the best reviews would say "a right, rollicking, good read".......:D

AC. I know you wanted the PayPal thing settled and off your shoulders but I think your advisor this morning counselled you well. As long as you are not racking up interest on your debts (my understanding is you won't be) then I think it's a great idea.

If nothing else you might earn a bit of interest - ok not much at the moment - but better than a slap round the face with a wet haddock.

Then you can sort it all out once you are moved and settled. You might get a better deal if you have less capital in the bank.

Thanks LL:) I offered over 50% . I expect to not have to pay the full amount now, going by the threads I've read and the help I got .

lessonlearned

Well "the Year To Change My Life" has got off to a great start.

I am sleeping much better, I am walking every day - ok not far yet but gradually building up my step count. I have started dancing - only at home so far and just for a few minutes at a time, but again gradually building up until I'm able to cope with dance classes.

On my daily walks I am discovering new things in the area where I'm living. £1 shops, charity shops, a beauty salon which I will try ( much cheaper than city prices) and some great quirky grocery shops selling all manner of ethnic foods at a fraction of the cost of the supermarkets.

So I'm trying new things, getting free exercise, meeting new people (and all the local kitties, :rotfl:) and, to cap it all, I'm saving money......what's not to like. I haven't filled up the car with petrol yet this year.

I'm getting out and about more too, doing more socialising, seeing friends that I have rather neglected over the last few months. Luckily they have been very understanding.

So.....Frugal February is going well.

I havent bought any new clothes (yet:rotfl:) although I am going to one of those designer outlet places tomorrow with a friend so I might pick up the odd bargain.......

AC ........Speaking of money and trying to be more Frugal I have just bought and read a book called "The Richest Man in Babylon". It was only £5 but worth every penny. It's an easy read although some people find the language a bit archaic.

Some people question the lessons saying that as they were written some 8 thousand years ago they are not relevant today. I disagree. The lessons are money management made easy, told in an entertaining way, using parables and stories to illustrate the salient points........how to live debt free, enjoy a rich and rewarding life and plan a comfortable and financially secure future.

If you want something more modern then I also recommend "the Rules of Wealth" by Richard Templar. Again a nice easy read, and again around £5.

The other one is "The Millionaire Next Door" but, written by two American academics so it's both a bit "wordy" and "worthy" - bit dry and dusty but worth ploughing through if you really want to get to grips with making and managing money.

Kittie has just joined me for our afternoon nap......

AC. I found your reasoning for not getting a cat very sad.

As you know I am a widow and losing my husband was the saddest and most heartbreaking thing ever to happen to me.

But......... I would do it all again..... yes even the heartbreak and pain of loss. The 34 years we spent together were the best years of my life.

Shakespeare got it right "it is better to have loved and lost then never to have loved at all".

Have courage, open your heart to love, get yourself a cat.

Who knows one day you might even find the courage to fall in love With a human......

Wouldn't that be fab.:D

Sometimes you just have to have courage, close your eyes and take a leap of faith.

Debsnewbudget

I agree you need to put debt repayment on back burner until you have your flat and are settled there.
If anything were to happen with the sale then you do not know how much of your capital you need to find somewhere to live.
I would then deal with each creditor in turn by direct contact with them once you are in, at same time as informing of change of address.
Purchase of property takes ages so sit back and relax !