Hel!! My Debts Need advice

mumzyof2

Ok here are my Debts:

Moorcroft Debt agency ( orange phone bill) - £250 must be payed my end of month as face a CCJ. (paid 50pound this week)
Next - £400.00
Virgin Media - £175.40 (i ended contract early as i moved away)
My OH Littlewoods - £237.94
Capital one card - £519.72
Pauls OD - £296.81 (not that bothered about this one but no money goes into this acount anymore)
Provident - Not sure till Friday around £300 though ( if i pay early i pay alot back, i pay £10 a week
My Overdraft - £700 (would like this to be the last debt to clear)
My Littlewoods - £166.36
Mobile Phone - £35 a month (we owe to months and been cut off)

Food - £150 but want to cut down on this..plus i spend extra money during the month topping up.
Taxi from town every day is £3, but have started walking.
Nursery for DD - £28 a week
Max £1 a day if he doesnt wet the bed
Pauls Cigs - £10 a week
Im going to stop or if i cant stop then cut down. I smoke about 30 a day so i buy 40 a day at around £9 a day

Total Debts ( not including food,nursery,taxi,max, cigs) is - £2746.23

Total Income (till March) - £1013.00
Total Income (after march) - £632.68
We get extra £380.32 every 4 weeks as we have paid 6 months rent upfront on our home

Hope you can help me sort a plan out, i have 2 d/ds for noth littlewoods coming out tomo one for £20 and one for £30...Just need help to get me started as dont know where to start

Sea78

HI

Could you give a little more detail? How old are your kids? Have you included benefits (like child benefit) in your income?

With regards to the cigs - might be worth going to your dr as you can then get all the helping things on prescription.

Sea xx

QueenDebbie

It's probably best to seek advice from CCCS, PayPlan, or CAB regarding your debts and options. One thing I'll point out though, is if you do get a CCJ you would then have the option of applying for an Administration Order which could be a good thing. It's done through the courts and it's free (the court takes a percentage from payments you make), basically your debts are consolidated and you make one payment per month to the court. The creditors then can't take further action without the court's permission. There's then the option to request a Composition Order, which can write off some of your debt, if it doesn't look like you'll be able to repay it in a reasonable amount of time.

mumzyof2

Yes my income is including benifits, My children are 21months and one is 3 years. I have 50pound coming out by d/d tomo and 30pound by cheque sometime this week, so i am only left with £62.90 till next wednesday! Im seeling some items on ebay also. At the Mo regarding my moorcroft debt im paying £50 a week to them to pay it off by 24th of Nov. This week i cant pay it but if i pay some what could i pay?

inkie

Hi. Is there anyway that you can list all outgoings (including bills etc), so that we can have a closer look at where there are potential savings. Is there the possibility of increasing your income? As much detail as possible would be great.

RAS

Hi

You really do need to get some proper advice from one of the debt charities, see http://www.moneysavingexpert.com/loans/debt-help-plan#help for details.

It is extremely unlikely that moorcroft would CCJ you at the moment, as you seem to have some much debt that the court would only order a small sum to be paid each month.

Without a detailed list of income and expenditure, we can only guess, but CCCS or one of the other debt charities could help you sort this out properly and negoitiate with your creditors.

mumzyof2

inkie wrote: »

Hi. Is there anyway that you can list all outgoings (including bills etc), so that we can have a closer look at where there are potential savings. Is there the possibility of increasing your income? As much detail as possible would be great.

Yes we have as follows:

around 70pound to pay virgin this month for out phone , internet and tv (we just got it in my partners name and we have to pay one month up front, thats why it is so high, but should be around 40pound a month after this month)

Gas - £20 a month

Electric - £20 a month

Water - £16 a month (or there abouts)

Mobile as ive stated before at £35 a month (owe 2 months tho)

We dont go out at night as we like to stay in so we dont spend anything there lol. We go to town every day and spend no less than £10 each day in town. WE use to get taxi home which cost 3 pound but im stopping that now and going to put the money i save from it in a jar Also if i save money at tesco orsomewhere im going to also put money in a jar , as by end of month i might say have £20 to put to wards a bill lol.
One pack of nappies (box of 63 for 9.00 in tesco) are included in our monthly shop but by end of week 3 we are needing more so thats another 9.00.
I use to spend £9 a day on cigs but im deffo guna cut back or stop lol (patch going on in a min lol) and im also going to draw that money out of the bank and put it in a jar or my savings account.

I have written to moorcroft asking them to give me a final settlement figure..prob wont be much but il be saving there. Ive written to my bank asking for list of bank charges for last 6 yrs. and asking them for a full refund plus intrest (i read someones advice on that on here) i know they will refuse and i will write back and threaten them with the small claims court. I also sent the letters recorded delivery so they cant turn around and say i not got the letters
We buy a chicken every other sunday for around £4 so we can all sit as a family once a fournight and have dinner together. Think that is about it...i dont pay rent at mo as i have said i have paid 6months up front and hopeing to get rid of all my debt except my 700 o/d by april as i would like to just pay my monthly bills gas water etc and the rent,as i find all my money going on minium payment to debts..also need to get 300 for saving money whe i go iin april. and get xmas pressies (got some)

Hope thats ok and sorry if i went competly off subject lol
Rebecca

mumzyof2

mumzyof2 wrote: »

Ok here are my Debts:

Moorcroft Debt agency ( orange phone bill) - £250 must be payed my end of month as face a CCJ. (paid 50pound this week) - written to them asking if they will take 60% off if i pay in full in one payment
Next - £400.00
Virgin Media - £175.40 (i ended contract early as i moved away)
My OH Littlewoods - £237.94
Capital one card - £499.72 - minium payment is £66 to reach them by 15th Nov and i have just payed £20 off
Pauls OD - £296.81 - now gone up to £326.81 (got letter this morning)
Provident - Not sure till Friday around £300 though ( if i pay early i pay alot back, i pay £10 a week - I saved £10 for her to come today, 1st time she been since i moved but she didnt turn up.
My Overdraft - £700 (would like this to be the last debt to clear)
My Littlewoods - £139.16 - Just payed £27.20 minium payment
Mobile Phone - £35 a month (we owe to months and been cut off)

Food - £150 but want to cut down on this..plus i spend extra money during the month topping up. (im now on cheap brand things so hoping to cut that down a bit too £100)
Taxi from town every day is £3, but have started walking. (not got in a taxi since i wrote this 1st time round)
Nursery for DD - £28 a week
Max £1 a day if he doesnt wet the bed (saved there as DS has wet bed everynight even tho really dont want him too)
Pauls Cigs - £10 a week - He has agreed to £10pound a week for his cigs
Im going to stop or if i cant stop then cut down. I smoke about 30 a day so i buy 40 a day at around £9 a day - Cutting down from tomorrow

Total Debts ( not including food,nursery,taxi,max, cigs) is - £2746.23

Total Income (till March) - £1013.00
Total Income (after march) - £632.68
We get extra £380.32 every 4 weeks as we have paid 6 months rent upfront on our home

Hope you can help me sort a plan out, i have 2 d/ds for noth littlewoods coming out tomo one for £20 and one for £30...Just need help to get me started as dont know where to start

Everything i have edited is in red. My things on ebay didnt sell last night, someone is intrested in my firplace which is on for 79.99 but hopefully she can arrange her own courier..as they end again tonight.
Please please could someone help me sort this out, eg do i pay the minium payments one each one everymonth and if i have extra money pay a bit more? or do i concentrate on one bill at a time and clear one of by one by one..my oh is ringing his bank tomo totell them he will pay each week if they stop putting charges on.
Hope someone can help me

mumzyof2

mumzyof2 wrote: »

Everything i have edited is in red. My things on ebay didnt sell last night, someone is intrested in my firplace which is on for 79.99 but hopefully she can arrange her own courier..as they end again tonight.
Please please could someone help me sort this out, eg do i pay the minium payments one each one everymonth and if i have extra money pay a bit more? or do i concentrate on one bill at a time and clear one of by one by one..my oh is ringing his bank tomo totell them he will pay each week if they stop putting charges on.
Hope someone can help me

SINCE WRITING THIS POST..MOORCROFT SAID THEY WILL ACCEPT 178.00 IF I PAY ALL IN ONE IN TEN DAYS..BUT IVE SAID NO AS IT WAS ONLY 250.00 SO NOT MUCH KNOCKED OFF. STILL NOT GOT ANY TAXIS. AND SPENT 75.00 IN ASDA ON CHEAP STUFF WHICH SHOULD LAST US TILL XMAS

immoral_angeluk

Would it be possible for you to get a part time job? Especially as you income will be dropping in March... Why is this by the way?

immoral_angeluk

Also please seek advice from one of the debt charities CCCS or payplan. You need to get your debt under control for a start.