Help with sorting out my debts!

Skytrax2

Hi Folks,Sorry if this is really long but l am realy hoping for your help, was trying to sort out my debts with creditors as we cant manage any longer and things are getting to difficult, can l show you our spending and our debts and what l am hoping to do, really hoping someone can offfer some sound advice!We have 2 young girls, aged 5 and 2 also.My Wage after Tax = 1,980Wife Wage after Tax = 1,250Total = 3,230OutgoingsCouncil Tax = 250Fuel = 200 (2 cars work must have)Having a Life = 200Mortgage = 800Internet = 15Car Insurance = 80 (2 cars)Sky TV = 62 (full package plus multi-room)Setanta = 15BT = 60Gas = 50Gas Homecare Plan = 30Electricity = 40Car Finance = 290TV License = 12Loan = 207Shopping = 400Kids = 100 (playgroup, toddlers, ballet, skating fees)Home Contents = 30Life Assurance = 55 Total = 2,896 Leaves = 334Thats the outgoings, to be honest as you can see l dont really need much help with this as l wouldnt change any of the above as we both dont go out very often, dont smoke and dont drink so things like changing the sky package, setanta or kids fees is a no go, the only thing l might do there would be to change the sky package to a tv,phone and internet deal to see if it saves me money!The problem lies below, here we go:Egg = 10,000 outstandingDebenhams = 2,270 outstandingLloyds TSB = 8,200 outstanding (includes 1,000 bank overdraft) Halifax = 1,700 outstandingStudio = 510 outstandingVertbaudet = 410 outstandingNext = 800 outstandingArgos = 700 outstandingTotal = 24,590 outstandingMy wife feels she was bullied by Egg and is now paying them 160 per month in repayment over 10 years, is this correct or can this be renegotiated?With the money that is left over from our wages, l want to service the debts with this, is it enough?? l have tried to negotiate with a couple of creditors with no joy, they seem to want me to go through a third party.Please Please help me, I understand you may think it is a little cheeky to say l wont change much of our monthly expenditure, maybe l just have to do this, just need some direction in getting of those debts.I feel we are turning a corner now as there is finally no credit available as our rating has gone so we are on our own which in my eyes will be a blessing in disguise in the long run.Appreciate anybody who could offer me some guidance, thanks very much for your time!Best Regards Dps. l dont want to get a Trust Deed cos l would be worried what they take off me in the value of my house.

Skytrax2

ah really sorry folks it wouldnt let me space it all out ,please still help me if you can!

hopeless_case_2

Gosh that was had to read it would have been easier in the form of a list. never mind.I have just rand the cccs and while i am almost beyond help i dont think you will be they go through all yourincomings outgoings and perhaps you could go on a dmp dont pay egg what you cant afford. i put off ringing these people they do not charge as they are a charity and they will help you. go to the link at the top of the page.good luck!

Skytrax2

HiYes sorry have redone it on MS word and it still comes out all together, have spaced it all out twice now no joy! Really sorry, thanks for your reply, more needed!

mookybargirl

I hope you don't mind but I've made it a little easier to read so people can help give advice (welcome to mse)

My Wage after Tax = 1,980
Wife Wage after Tax = 1,250
Total = 3,230

Outgoings
Council Tax = 250
Fuel = 200 (2 cars work must have)
Having a Life = 200
Mortgage = 800
Internet = 15
Car Insurance = 80 (2 cars)
Sky TV = 62 (full package plus multi-room)
Setanta = 15
BT = 60
Gas = 50
Gas Homecare Plan = 30
Electricity = 40
Car Finance = 290
TV License = 12
Loan = 207
Shopping = 400
Kids = 100 (playgroup, toddlers, ballet, skating fees)
Home Contents = 30
Life Assurance = 55
Total = 2,896

Leaves = 334

The problem lies below, here we go:
Egg = 10,000 outstanding
Debenhams = 2,270 outstanding
Lloyds TSB = 8,200 outstanding (includes 1,000 bank overdraft)
Halifax = 1,700 outstanding
Studio = 510 outstanding
Vertbaudet = 410 outstanding
Next = 800 outstanding
Argos = 700 outstanding

Total = 24,590 outstanding

hopeless_case_2

goshstill did not work you type in say
mortgage £880 per month then hit enter
thus it takes you to next line
hope this helps

hopeless_case_2

good one mookybargirl.

doodledo_2

Hi Folks,Sorry if this is really long but l am realy hoping for your help, was trying to sort out my debts with creditors as we cant manage any longer and things are getting to difficult, can l show you our spending and our debts and what l am hoping to do, really hoping someone can offfer some sound advice!We have 2 young girls, aged 5 and 2 also.

My Wage after Tax = 1,980
Wife Wage after Tax = 1,250
Total = 3,230

Outgoings
Council Tax = 250
Fuel = 200 (2 cars work must have)
Having a Life = 200
Mortgage = 800
Internet = 15
Car Insurance = 80 (2 cars)
Sky TV = 62 (full package plus multi-room)Setanta = 15
BT = 60
Gas = 50
Gas Homecare Plan = 30
Electricity = 40
Car Finance = 290
TV License = 12Loan = 207
Shopping = 400
Kids = 100 (playgroup, toddlers, ballet, skating fees)
Home Contents = 30
Life Assurance = 55
Total = 2,896

Leaves = 334

Thats the outgoings, to be honest as you can see l dont really need much help with this as l wouldnt change any of the above as we both dont go out very often, dont smoke and dont drink so things like changing the sky package, setanta or kids fees is a no go, the only thing l might do there would be to change the sky package to a tv,phone and internet deal to see if it saves me money!
The problem lies below, here we go:

Egg = 10,000 outstanding
Debenhams = 2,270 outstanding
Lloyds TSB = 8,200 outstanding (includes 1,000 bank overdraft)
Halifax = 1,700 outstanding
Studio = 510 outstanding
Vertbaudet = 410 outstanding
Next = 800 outstanding
Argos = 700 outstanding

Total = 24,590 outstanding

My wife feels she was bullied by Egg and is now paying them 160 per month in repayment over 10 years, is this correct or can this be renegotiated?With the money that is left over from our wages, l want to service the debts with this, is it enough?? l have tried to negotiate with a couple of creditors with no joy, they seem to want me to go through a third party.

Please Please help me, I understand you may think it is a little cheeky to say l wont change much of our monthly expenditure, maybe l just have to do this, just need some direction in getting of those debts.

I feel we are turning a corner now as there is finally no credit available as our rating has gone so we are on our own which in my eyes will be a blessing in disguise in the long run.Appreciate anybody who could offer me some guidance, thanks very much for your time!Best Regards Dps.

l dont want to get a Trust Deed cos l would be worried what they take off me in the value of my house.

doodledo_2

Sorry must have been doing it at the same time lol

Skytrax2

Thanks folks, sorry am not very computer literate!

hopeless_case_2

how much are the repayments on the outstanding debt you do not say.
Your bt bill is huge as is the sky.
you can get internet and broadband for £20 per month from talk talk this includes free calls nationally and internationally all day everyday.
Shopping is way too much you could knock £100 per month off that easily.
Why do you need setanta if youhave sky?
There,s a £170 saving per month and i am not that good. others will save you much much more.