Please help

-taff

In reality, even if it does get to court, which is not likely, then all a court will do is sort out a payment schedule, and as long as you keep to that, shouldn't be a problem. They can't ask you to pay what you don't have so they won't set an amount you cannot pay, which is where you'r statement of affirs/income-expenditure forms come in.

Again, it's not likely to go to court because it takes so long and it's expensive. Please stop worrying, you cannot go to prison for non payment of debt unless it's council tax. All the rest just means you'll have a crappy credit file for a few years.

Willing2Learn

Sugar1990 said:

Hi thank-you so much for your advice.
If moved on to token payments for a year or so
am i risking court action x

No, it would be very unlikely that a creditor would take you to court.  That is the last resort, for people who do not make any attempt to pay.  If you send off 'holding' letters to all your creditors, then you will start to relieve the pressure you are feeling. 

Sugar1990

Thank you so much for reassuring me.
Just a bit daunting tbh.
But i no i have to face up to it.
i owe a-lot of money, especially one of the loans which is 22k, so i am
assumming i will get a-lot of pressure to pay being so large amount to a creditor.
Can they do anything regarding my property charging orders n stuff.

Willing2Learn

Sugar1990 said:

i owe a-lot of money, especially one of the loans which is 22k, so i am
assumming i will get a-lot of pressure to pay being so large amount to a creditor.

A Debt Collection Agency (DCA) will always attempt to pressurise their debtors.  That is what they do.  You just need to take control of the situation.  If you keep all your creditors 'in the loop', clearly stating what steps you are taking to manage your accounts, then nothing bad will happen.

I urge you to do those holding letters that I linked to earlier.  It will release so much weight off of your shoulders...

Once you do the holding letters, you will have a minimum 30 days with which to seek advice.  StepChange and National Debtline are only a 'phone call away 

Edit:  Oh yeah.  And a charging order would only happen if you were to do nothing.  (It takes a hell of a long time before this would happen).  But you are going to communicate with them, in writing, via Royal Mail.  (Never speak to them on the phone....)

Sugar1990

Thank you 
you have been very helpful x

Plumjam

Just a thought - I don't know how old your child is but if you are getting through 12 nappies a day, is there a continence problem?  My son is disabled and before he was continent (at age 11), we were 'prescribed' nappies by the local NHS Continence service.  Saved quite a bit of money.