help help help

fermi

NDL have a Personal Budget Sheet available online.

http://www.nationaldebtline.co.uk/england_wales/budget_sheet.php?country=england_wales

If NDL confirm that is the one you need then you might not need to wait for it to come through the post.

ginalove

will look when kids have gone to school thanks

tigerfeet2006

Hope you slept ok last night Gina.

G-G_4

I went bankrupt and used the national debtline for help and advice, I can't recommend them enough, they were great..

Good luck, try not to worry to much, it will all get sorted..

xx

Richard_S

ginalove wrote: »

we think we have around 25k equity in the house but we are in court on the 23rd regarding repossession we are in arrears for £2400 OH has tried to make arrangments with N Rock but they have been reluctant to provide evidence for the courts cccs are overloaded very impersonal service at mo they say they will sort it out but weeks later still getting letters from disgruntled creditors.

Hi gina,

Have you had a recent valuation of the house? Don't forget house prices have dropped in some parts of the country, and you may well be overestimating the value of your house.

Have a look at the link below:

http://www.nethouseprices.com/index.php?con=sold_prices

It will tell you the actual selling price rather than asking price of any houses sold in your area. Obviously if there haven't been any sold in the recent past then it's not really a true indication of it's current value.

If the equity is £20k+ then you may have difficulty raising that amount unless you've got a wealthy friend or relative.

I wouldn't worry too much about the Court hearing. Providing you can offer something to clear the arrears the Judge is likely to suspend any repossession order. On arrears of £2,400 a proposal of £50 pcm should be acceptable.

Regards

Richard

ginalove

thanks for putting my mind at rest Richard, the house is being valued on monday i have phoned N.D. they are going to post in/out sheet , tried online but my printer has had it & i can't email due to technical probs i'll post back with more positive news ----hopefully! thanks g

sjpsam

Hi G

Hope you get things sorted out real soon!
Maybe the full picture with your Income & Expenditure will help your situation here, try and be brutally honest with it! thats what took me and my OH to get our affairs in order. We decided not to go down the CCCS route as they had a waiting list, went unfortunately went through a debt management co, they take a % but go us sorted out quickly and got the people off our backs.

Just try and remeber though, that where every u, oh & kids live you make it home! not just the bricks and mortar! so if you have to sell up and move someone then you have done the best by them all

Good luck xxx

ginalove

thanks sam really appreciate your advice g

ginalove

just a quick question, we have now had our house valued and we now know about how much equity we will have (not as much as we hoped )! however if we sell find somewhere to rent pay off some of our debts and then go b.k.will we be in trouble for spending the equity our own way? g

Richard_S

Hi gina,

Is it tomorrow you're in Court? Did you get the house valued yesterday?

Richard