Greetings

Inthehole2020

So it's the end of 2019. I am 53, in a relationship (but I owe them more than a debt of gratitude for their support) and in the hole for nearly 30K.

Credit cards 21,750 with MNBA
Personal Debt 6K ( and rising)
car in storage and costing 500 per quarter with 3k of debt) and cant be released for sale until the debts are paid
Income - next to nothing, literally, zero benefits as Im out of the UK
Expenditure (Rent, etc) 500 per month and Im not always sure where that money is coming from...
Personal assets - next to nothing, around 4k
Savings None

It's been a hell of a rollercoaster, being chased for debt with no sign of light at the end of the tunnel. There have been times where the weight and despair brought on by the overwhelming nature of my debt have caused me to act irrationally, angry, silent, withdrawn. These are not usually in my nature. I used to be happy, outgoing and fun. Now I feel withdrawn and sullen. This has taken its toll on all around me, especially my suffering better half.
I know I need help, support, and guidance.....thus I am here. Any advice, support, and help will be gratefully received.
This will be the first of many entries as I try to figure out how to get this all under control.
Thanks for reading.

Lemon_Tree

Welcome, we tend to like helping just tell us all, or as much as you can at this stage and we'll see what we can advise. A SOA is a good place to start.

Inthehole2020

Posted SOA into original, but for summary :

Credit cards 21,750 with MNBA
Personal Debt 6K ( and rising)
Income - next to nothing, literally, zero benefits as Im out of the UK
Expenditure (Rent, etc) 500 per month and Im not always sure where that money is coming from...
Personal assets - next to nothing, around 4k
A car in storage and costing 500 per quarter (with 3k of debt) and cant be released for sale until the debts are paid
Savings None

Makes pretty desperate reading and not the easiest thing to write...

Inthehole2020

Looking into solutions through Stepchange.
Reading through the returned email (after filling in the online process) they recommend bankruptcy, but this seems a very drastic measure and I find it a very scary process. Has anyone had experience of bankruptcy and the effects it has had? any advice gratefully received.

Inthehole2020

Slowly coming to terms with my options, am following through on the Stepchange advice with respect to Contacting priority creditors as this . Have taken the letters as email templates and composing them as postage isn't exactly reliable from current location......

Inthehole2020

As the New year celebrations are over (hoping and praying that the New Year brings some light and salvation) I have been contacted by a number of debt collection agencies since submitting my letters by email to creditors. It now seems the world wants money from me and I am having to slowly sort through it all. At least putting my debts into a holding pattern will give a little breathing space whilst I action the next steps. There is also the work opportunity on the horizon which would give some relief.