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Ha'way hbslc's DFW Diary
hbslc
Posts: 252 Forumite
Some of you will already know me. So here's an update on my DFW plan.
House renovations nearing completion. Got 4 people working on it. A swedish couple are moving in 10 days for 12 months. Guerilla Financed £5-10k spend to get it ready. Not a finished project but habitable. Heating, kitchen, bathrooms, bedrooms, etc done! I can't believe it.
Company plans progressing. Removed expensive admin subcontractors & replaced with 1st employee. Saving £200pm! Office established. Ready for big push after house completed.
Seperation progressing though slowly. Partner refuses to discuss & isn't representing herself in court. So sheriff (Scottish Law) representing her. Planning to evict her from my other house & flog it. Custody battle in the background for now.
Debts: Priority Debts sorted. Most arrears being handled. Non-Priority creditors all unhappy & shouting louder & louder. See my other post! It's about buying time coz letting my house saves me approx £750 a month to play with.
More news soon.
House renovations nearing completion. Got 4 people working on it. A swedish couple are moving in 10 days for 12 months. Guerilla Financed £5-10k spend to get it ready. Not a finished project but habitable. Heating, kitchen, bathrooms, bedrooms, etc done! I can't believe it.
Company plans progressing. Removed expensive admin subcontractors & replaced with 1st employee. Saving £200pm! Office established. Ready for big push after house completed.
Seperation progressing though slowly. Partner refuses to discuss & isn't representing herself in court. So sheriff (Scottish Law) representing her. Planning to evict her from my other house & flog it. Custody battle in the background for now.
Debts: Priority Debts sorted. Most arrears being handled. Non-Priority creditors all unhappy & shouting louder & louder. See my other post! It's about buying time coz letting my house saves me approx £750 a month to play with.
More news soon.
Debts at 02/02/20: c£225,000 inc CCs of <£1000 repaid in full monthly
Debts at 14/07/10: £278,091 inc £24k unenforceable and £16k consumer debt. But House no longer derelict!!!
LBM: 14/08/07; Debt at LBM: £287131 inc CCs: £37,202.55;
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Comments
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It sounds as though you are making some progress with it all. I haven't read your original thread, sorry
but good luck with your plans and hope your company does well. "I wasn't wrong, I just wasn't right enough.":smileyhea97800072589250 -
An update! 2008 should be good.
In Jan i got my house tenanted for 9 months, my 1st ever employee started, and my company won its largest transcription project to date! Fantastic!
However, none of this is plain sailing - still owe builders & people about £2k and creditors got really stroppy. But i'm saving £800 a month for 9 months, and here's an update:
MBNA: £75 a month Agreement for 10 years. Interest & Charges frozen.
C1: Have paid £112.50 this month but no agreement in place yet.
EGG: Threatened CCJ so asked for original credit agreement on 4th Jan. No reply to date.
Smile Overdraft: Awaiting agreement acceptance.
Everything else okay.Debts at 02/02/20: c£225,000 inc CCs of <£1000 repaid in full monthlyDebts at 14/07/10: £278,091 inc £24k unenforceable and £16k consumer debt. But House no longer derelict!!!LBM: 14/08/07; Debt at LBM: £287131 inc CCs: £37,202.55;0 -
An update for myself really - but its good to share.
Builders - £850.
MBNA - Happy.
C1 - DCA chasing despite no notice of assignment, CCA letter 1 sent.
EGG - CCA letter sent 04/01/08, response has defaulted, no CCA yet.
Smile O/D - DCA letter arrived asking for agreement to be made. But i'm not convinced its enforceable as CCA never returned from Aug 07 requiest.Debts at 02/02/20: c£225,000 inc CCs of <£1000 repaid in full monthlyDebts at 14/07/10: £278,091 inc £24k unenforceable and £16k consumer debt. But House no longer derelict!!!LBM: 14/08/07; Debt at LBM: £287131 inc CCs: £37,202.55;0 -
How do you guys find the time to manage creditors? What motivates you? How do you keep track of everything that happens?Debts at 02/02/20: c£225,000 inc CCs of <£1000 repaid in full monthlyDebts at 14/07/10: £278,091 inc £24k unenforceable and £16k consumer debt. But House no longer derelict!!!LBM: 14/08/07; Debt at LBM: £287131 inc CCs: £37,202.55;0
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An update seeing as i disappeared for a while.
Being a self employed consultant I have to juggle assignments & keep money aside for rainy days when there's no money coming in. Currently in a prolonged rainy season between assignments.
Well house got done, tenants moved in, a few things had to be finished around them. All guerilla finance paid off. Being homeless, mainly crashing with parents or company expensed B&Bs, isn't too bad as my monthly commitments are minimal.
Seperation matters have slowed to a halt. The sheriff in scotland has given me permission to sell the house my ex lives in - but it's difficult enough to sell a house at the moment without an unhappy / unwilling resident.
More soon...Debts at 02/02/20: c£225,000 inc CCs of <£1000 repaid in full monthlyDebts at 14/07/10: £278,091 inc £24k unenforceable and £16k consumer debt. But House no longer derelict!!!LBM: 14/08/07; Debt at LBM: £287131 inc CCs: £37,202.55;0
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