Determination wins

notmy1sttime

Hi Guys,
As you can probably tell by my username, it is not my first time here! I was a regular poster around 10 - 12 years ago and I was pretty much debt free, organised and everything was good. Unfortunately, life doesn't stay like that,a whole host of bad things happened in my life and tbh, it is a bit of a miracle I am still here. I still have some debt from those dark years and it is time I annihilated it for good.
I don't really want to talk about the past and what happened, even financially, the point it to realise where I am today and to move on.
I have realised that everything I have ever wanted in life I have achieved through sheer hard work and determination. If I apply this determination to debt elimination, I can be debt free the earlier part of 2018.
I am aware now that I need to work out my SOA and make a list of my debts, I will post them below in the next comment.My debt used to be around £30,000, I am now expecting it to be in the region of £8,000. I am also aware most of it has gone to debt collection and I have a few defaults/CCJ's. Sometimes you have to reach the very bottom before you can start the rise back up.

HairyHandofDartmoor

Good luck with your debt busting. You sound like you have what it takes to succeed.

erniethecat

You can do it! Anyone who is here when they shouldn't be has steel inside them :-)

redofromstart

Good luck with your journey!

System

Good luck on the debt busting journey.

beanielou

Happy shiny new diary

notmy1sttime

Bumping my post after drifting back into a state of ignoring everything.
I have a few days to do my tax return and as I have to go through all my statements for that, I guess it is a good time to count up the outstanding debt.

Lilith1980

As scary as it is, once you know where you stand you'll be in a better position to know what to do

notmy1sttime

Thanks Lilith, I am having a soak in the bath first to freshen up. A friend will be round soon to collect his son who I have being looking after along with my own DS. Then I will have a few hours to look into everything and my OH should be home by then too.

notmy1sttime

Oh just typed out a long detailed post and lost it!
I guess I don't need to bore you all here with the details as this will be a condensed version!
On Tuesday I finally took my head out of the sand and looked at my debts. I even paid some of the smaller ones off!
I paid:
- £74 Lloyds overdraft
- £53.56 - owed to an old insurance company
- £70.76 - also owed to an old insurance company
- 99.44 business debt
- £33.44 current car insurance policy
- £120 utility bill outstanding
- £25 fee I was been chased for

Spoke to student loans, I have the old style loans and never sent off deferment 12 months ago and therefore I owe some money even though I shouldn't have to pay any. I need to send them the info requested this week.
Spoke to another company regarding a business utility bill from last year, owe £102 and they will accept £80 but they couldn't talk to me because I gave them incorrect DOB, I have emailed them my photo ID so lets see what happens next.

Still owe:
£600 business debt
£1100 legal for CCJ I have
£500 business bill unpaid and chasing me for it
£5,534 Barclaycard - defaulted ages ago and in debt collection agency
£979 - Halifax overdraft, defaulted and debt collection agency involved
£1366 - Loan that defaulted and is with debt collection

OK, post again tomorrow, just wanted to record my progress.

notmy1sttime

I have filled in and printed off the form for tax credits overpayments.