Need to get things sorted

Needtogetdebtfree

Hi All,

I have been trying to sort out my debts but have recently been issued with 2 new CCJs which I now can't defend as they were sent to the wrong address. I am at the point now where I think a debt management or IVA might be appropriate, however 1 of my debts is a previous mortgage which was left after my property was repossessed in 2011 which had defaulted but it is now showing on my credit file as being up to date on the payments so I really don't know what to do and whether this can be included.
I need to be careful about what I chose to do as I have a car on finance which I need for my work and 2 children which is £330.09 a month. I don't have the money to buy a cheaper car, plus I have had 3 cheap cars before and they have cost me a fortune in repairs etc so I ideally need to keep the car.

Does anyone have any advice?
L x

Needtogetdebtfree

Outstanding

Caboot £303 (Default)
PRA Group £1074 (Default)
Moneybarn- £18,815 (Car Loan)
Provident- £387 (Default)
Active Security- £144 (Up to date)
Mr Lender- £208 (Up to date)
247 moneybox- £165 (Up to date)
RBS £68,385 (Up to date mortgage I have mentioned above)
Temple Finance- £1512 (Perfect Home laptop for my Uni work. This is up to date)
Lowell- £1144 (Defaulted Vodaphone Account)
EE- £575 (Defaulted)
Scottish Power- £865 (Defaulted)
CCJ- £2131 (Issued January 2016)
CCJ- £464.46 (In process of being issued)
CCJ- £2487.14 (In process of being issued)
There are probably a few other bits that are not showing on my credit file but I have moved around so much that I may not have received everything from what is outstanding. I have checked both noodle and clear score and this is all that is showing.

[Deleted User]

I can't believe that with all your money problems you borrowed £18k+ for a car ??????

However you now need to talk to one of the debt charities, "step-change" would be a goos start.

roadsidecamper

I agree with the above. What you've written down seems to represent some serious financial issues, although you probably don't need me to tell you that.

When I see defaulted accounts for utilities, CCJs and repossessed houses coupled with a high interest loan on a car you simply can't afford, payday loans and borrowing £1500+ for a laptop from high interest, high street 'services' - it all points to the need for professional advice and help rather than papering over the cracks, which I suspect is what's been happening for years. Ringing Step Change would be an excellent place to start.

You can beat this, but it will take some serious willpower alongside a fairly radical shift in spending habits. Good luck.

anna_1977

Agree with above 2 comments.
I find it hard to believe you needed an £18k car? You can buy brand new Seat's for only £10k (if that). I think you do need to talk to Stepchange - I would also suggest selling the car - you can not afford the £330 a month payments on it clearly.
I would also suggest posting your SOA so people can help you save on your day to day spending

You need to check Equifax and Experian too as they may show different things.

Good luck - it's a hard thing to do, write it all down, makes it seem so real.

Welshie28

I am in a DMP with Stepchange with a car on finance however it's classed as a priority debt so isn't taken in to account when paying the debts included in the DMP.