Lbm has come at last

Russell421

After what seems a lifetime with debt the edge of the cliff is here :(no running away got to face up to this once and for all .Deep breath get ready to jump in hope one day to be debt free as this demon as lived with us too long it's going to be a long hard road .

abby1234519

Hi and welcome!

First steps if you want help is to post an SOA

http://www.stoozing.com/calculator/soa.php

sourcrates

Hi,

Good advice above, once you post an SOA, people can advise where cuts could be made.

Also possible solutions to your debt problem, dependent on how much you owe etc.

EssexHebridean

Congratulations on your LBM, and welcome to the forums.

Get your SOA done and up here and we can take a look - be as thorough and accurate as you can. The more honest it is, the better the advice and help that comes from those looking at it.

National_Debtline

Hi Russell

Welcome to the forum. As well as posting up your SOA figures it would be useful if you can give us a brief summary of your circumstances, so that any advice we give will be more relevant for you.

James
@natdebtline

Russell421

Hi everyone I will put up a SOA shortly this is a very big step to take a hell of a lot of things to think about ,it have always been a bit of a reluctant person so give me time I suppose you get that with anybody new to this and it's bloody scary .

MrsTinks

The sooner you get it all on paper the sooner you can start fixing it

Yes it's scary and I don't think anyone will disagree with you on that! But you know it needs to be done, and I find the fear of the unknown is worse than concrete numbers I can work on constructively.

Good Luck

CP2016

Hi Russell421, I think lots of us around here have been in that scary place when you realise that you can't continue as you have been. It's scary when you have to write down all your incomings, outgoings and debts but as MrsTinks says you can't start fixing it until you know what it is that you're facing.

Russell421

The last 12 months have been a nightmare both financially and mentally gone from having a good income to benifits moving house (twice) illness and in the background the debt always there in my thoughts sleepless nights pain worry the whole lot got to get this sorted out before I sink into big depression if im not already there .I will put up a SOA as soon as Christmas is over we are OK until then .I don't want to have to take us on this journey before then I'm sure you will understand.

abby1234519

Russell421 wrote: »

The last 12 months have been a nightmare both financially and mentally gone from having a good income to benifits moving house (twice) illness and in the background the debt always there in my thoughts sleepless nights pain worry the whole lot got to get this sorted out before I sink into big depression if im not already there .I will put up a SOA as soon as Christmas is over we are OK until then .I don't want to have to take us on this journey before then I'm sure you will understand.

In the nicest way possible - I disagree. You don't have to start the actual journey of paying off debt before Christmas, but wouldn't you at least want a plan in place before the New Year? If you get it sorted now - then you can head into the new Year with a smile

Russell421

You are probably right and when I think about it I have had this plan in place for years I'm sure everyone who has got to this stage has gone over and over it hundreds of times in there heads .I have been looking on here for years at people's situations and thinking to my self i will have to face up to this thing one day .I am stood on the edge of the pool wondering whether I have the strength to dive in as I said earlier give me time and I will .