Help with debts

needtodothis2020

So confused, now
I will have to try the DMP as that I feel is my only option, I have to try and do something as i cannot carry on living with this worry day in day out
Thanks for your help it is very much appreciated

Willing2Learn

needtodothis2020 wrote: »

I have to try and do something as i cannot carry on living with this worry day in day out

I do not understand why you cannot confide with your husband. You could face this problem together...as a family...a better solution could be within your grasp...

needtodothis2020

I will have a think about it thanks.
I have put a post on the DMP forum to see if anyone can advise
but thanks so much for your help so far

Jonathan_Kelvin

Filling in a full statement of affairs would help. Your situation sounds a little out of the ordinary in that you own a house mortgage-free yet have very significant debt. A full SOA may give more context and allow people to give more appropriate, tailored advice.

Sea_Shell

If you start acting "secretive" about this, your husband may start thinking and assuming all sorts!! Addiction, affair, health issues.

Why do you feel you can't share this with him? What reaction worries you?

Surely you can face this better together, as a team.

monetxchange

As all have said above, this plan will likely cause more stress and is so shaky it will be prone to go wrong.

Why can’t you tell your husband? Was the house an inheritance or something? Do you own it jointly. I can’t imagine the stress of trying to hide letters. Any reason why you don’t pool finances together, even without a joint bank account?

Just a quick - Insurance for gadgets bought from the company that sold it to you is rarely a good deal. Have you been paying that £10 for the 5 years you’ve had it? You could have had a new one several times over for that. For example I have a perfectly usable bought brand new for £179. You don’t need anything much more than word processing for uni.

needtodothis2020

I don't really want to go into why I don't want to tell my husband.
The house is both of ours, we have never had a joint bank account, and thanks for the advice on insurance for my laptop I will take a look.
Can I just ask why you think that things might go wrong if I do a DMP ? I am just interested to know.
I know that things will be a bit rocky until September when I will most probably be able to go full time in my new job and be able to pay more to the DMP
Thanks

Willing2Learn

It is because you will be bombarded with letters, phone calls and texts until things settle down with the DMP. It will be hard to keep your secret. Especially when you say it is already impacting upon your behaviour.

A DMP is a solution. I'm just not sure if it is a good solution...


Anyhow...hang in there...someone else with more experience than I will come along soon with their advice...

And by the way. Good choice of degree. Many exciting career paths will be possible for you, once you graduate.

Grumpelstiltskin

So if your husband suspected something was wrong and he asked you to your face if you wee in debt you would be happy to stand there and lie to him?

Not a way for a marriage to go forward which should be a partnership not lies after lies.

Sea_Shell

Are you fearing a violent reaction?

Sorry, if that's way off the mark.