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Debt...I need help!!!

LuLu24
LuLu24 Posts: 1 Newbie
in Credit cards
Hi guys

I'm all new to this so bare with me!!

I am in debt ...a lot of it!! £16000 -£18000 to be precise. I'm struggling every month...I make my payments but am left with nothing to live on each month. I am seriously considering bankruptcy and would love your thoughts on this?!
I honestly can not cope anymore xx

Comments

  • [Deleted User]
    [Deleted User] Posts: 35,242 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    edited 31 October 2016 at 6:02PM
    Go to the DFW board further down - they will help you to see where you can make changes to tackle the debt.
  • Saver-upper
    Saver-upper Posts: 2,343 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper
    Hi Lulu,welcome to MSE.
    You will get lots of help around here.
    If you repost your thread in the Debt-free Wannabee forum (just a couple of sub-forums beneath this one on the forums index),you will get excellent advice.
    One of the first things that will be suggested is filling out a Statement of Affairs (I will find the link for you),and then you will get brilliant advice tailored for you.
    So if you need to,start digging out your expenses for living,and you will be able to fill it in and start.
    Good luck-everyone around here is very supportive.Any questions,just ask.
    Will dig out the SOA for you,just a sec....
    SPC #36 :staradminx 8.SPC7=£751.10 SPC8=£651.04 SPC9=£843.00 SPC10=£872.76
    Pinecone £301,Valued Opinions £10.50





  • Saver-upper
    Saver-upper Posts: 2,343 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper
    http://www.stoozing.com/calculator/soa.php
    SPC #36 :staradminx 8.SPC7=£751.10 SPC8=£651.04 SPC9=£843.00 SPC10=£872.76
    Pinecone £301,Valued Opinions £10.50





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