Cleaning things up

Miami202020

Hi all. With a new baby on the way - three weeks to go - I'm taking this opportunity to put my finances in order and address the lingering debts I have from years gone by. I am quite embarrassed that I have allowed these debts to accrue, and sharing this has been difficult but if anyone can offer any advice I think it is worth it.

2020 is the first time in 5/6 years that I have had a secure, decent income and so over the past few months I've been getting in contact with some creditors to put some things in place. Before this, in all honesty I have been avoiding contact with my creditors whether it be through not answering the phone or correspondence I am sent. After ongoing bills, I have around £300 per month of disposable income. I have contacted all of the creditors above to clarify the amount owed, in some cases what the debt was for and try to establish repayment terms. However, only a few have got back to me:

My current debts and repayments are below:

CCJ - Mobile Money - £3,110 - want payment in full, have asked for details of my employer

Halifax - £494 - default on 17 Nov 2017

Barclays - £100 - default on 23 Jul 2015
Ulster - £193 - default on 31 Dec 2018
Lloyds  - £299 - default on 15 Sep 2017
Loans 2 Go -  £1106 - default on 20 Feb 2018
Varooma -  £3296 - default on 10 Apr 2018 - agreed to remove all additional charges and return to original debt of £900, agreed repayments of £90 per month.
Active Securities -  £131 - default on 09 Oct 2015

Clydesdale Bank - £239 - default on 11 May 2018 - agreed repayments of £25 per month, 2 payments made thus far

I wondered if anyone has good advice on how best to address the remaining debts. I'm conscious that my CCJ should be the priority - I am concerned however that if an attachment of earnings is applied to my wages, this will remove all of my disposable income if not more, plunging me back into the situation I have been for the past 5/6 years. Is it worth clearing the smaller debts first to get them out of the way?

Any advice appreciated

sourcrates

Hi,

Re- the debt with the CCJ, it dosen`t matter if they want payment in full, you only pay what the judgement says you pay, if it was a "forthwith judgement" then fair enough, but you can apply to the court for an affordable installment order, best to do this before the attachment to earnings becomes a thing.

You need court form N-245 to apply, there may be a fee to pay.