Worried!

janiebump

Hi, have been reading forum for a while now and i just want to join in and say hi and tell you a little about myself. I am happily engaged and my fiance who i live with pays the mortgage and counciltax etc out of his wage everymonth and after his debt repayments etc has very little left, i dont know exact he owes, its not huge but neithers his wage once you take off mortgage council tax and his fuel. I am a full time mum, was self employed but quit as wasnt breaking even after poor sales last year. I am currently 37 weeks pregnant and am on smp as paid enough nat insurance to qualify so til sept 08 i get 112.75 a week and currently receive £72 a month child benefit. I am struggling to meet my personal repayments and when maternity ends i dont know what im going to do as we cant afford childcare and would break my heart to leave children somewhere fulltime anyway. I could only get a weekend job as partner is out more than 13 hours a day and jobcentre have said i wount qualify for jsa as i would need to be available for work all the time. I know sept is a long way off but i have been suffering severe depression and under a physciatrist and a counciller and feel like a total failure for self employment failing and i dont want to be the one responsible for us getting house repossessed even though none of my debts are secure. Thanks for listening, i just wanted to get off my chest how im feeling at the moment/who i am etc, thanks x

janiebump

oh just need to add we do both have seperate bank accounts too so basically i pay my things and he pays his.

evab_2

Good morning,

Well done for posting, that's the first step. What you really need to do is sit down and write a SOA (statement of affairs) instructions in sticky at top of page.

There are some brilliant people on this forum who will direct you to the appropriate websites, and info so hang on!

Best wishes Ev x

janiebump

Will get out a bank statement and my cards etc and face up to what i owe, will get onto that this morning.

RAS

Hi

You need tio do youyr statement of Affairs; see here http://forums.moneysavingexpert.com/showthread.html?t=107280

But even more importantly, you guys need to check out whether you are entiteld to any further help at is seems you may not be claiming properly.

Go to www.entitledto.com and check re Council tax credit, working tax credit, child tax credit etc.

You need that for

the situation now.
Immediately after the baby is born
Once your Mat cover runs out
AOnce the baby reaches 1 year old, as you get less benefit for it

evab_2

Great, that's the next step see exactly what's coming in and going out then we'll have a clearer picture and be able to give you more appropriate advice.

evab_2

see brilliant people on here!! ;-)

natters_2

Have you claimed working & Child tax credits?

janiebump

yes but only for past few month stupildy, not entitled to working tax credits at the moment as last tax year i earnt, but currently recieve £47 a month child tax credit, this is paid direct to partners account, he says he will give me that payment and anything else that we are entitled to when baby born as i buy the grocerys, it was just when we did the form he filled it out as i was quite ill

janiebump

I am just looking at debts now, its really scary looking at the whole picture, i feel really nervous and like im suffocating.

janiebump

its not a proper soa but i owe natwest £12000 approx which is £147 a month over next 7 years.
egg card £200 £8 a month
mbna £1800 0apr til nov08 £60 a month min
Rbs £260 i pay £22 a month apr is 17.9
skycard £1066 interest free til august, i pay £30 a month
abbeycard £72, i pay £5 a month
halifax card £107, i pay £5 a month
virgincard £115 i pay £10 a month
shopping we do well, i meal plan and spend for 2 adults and a 2 year old max £150 a month, sometimes less.
I had rac breakdown monthly and i have cancelled.
My car insurance is £43 a month then i have a loss insurance top up of £11 a month which means insureres pay full amount i purchased car for in event of write off/theft
Gas and electricity is £59 a month d/d
buildings/contents £18.24 a month
water rates £42.90 (thinking of having a meter installed as we are very careful with what we use anyway.
Bank charges are £12 a month
Tv licence £11.61 a month
Paypal credit card i owe approx £280 this is dd of £9 a month
God that is bad isnt it, i get £450 every 4 weeks in smp, paid weekly, and £72.40 child benefit.
I currently have car for sale which is for sale at £3000 noone contacted me yet but would pay off a bit and also obv then i wont have car isurance to pay.