If I Didn't Pay My Debt What Is The Worst That Could Happen?

System

WOW £100 on a months shopping!!!!!

When you do your shopping, is it best going to one cheap shop like say Aldi/Lidl or go to say Tescos, Asda etc and only buy there offers and reduced items??

In_Search_Of_Me

nireandguy I dont know what else to suggest to be honest. You've been given alot of good advice about cutting back and OH will just have to accept that you HAVE to cut back because you dont have the money! It has nothing to do with class! I was privately educated but still have to shop in lidl!! As to the answer of MBNA sending you a card to be honest with your SOA I would stop smoking (as I am now!), get rid of sky (as I did last year), knuckle down & get it paid off (as I am). Probably not what you want to hear but that is what I would do and you did ask!!
Try ringing CCCS again and ask for help. The problem is that you have effectivey cancelled the contract by using the new card and they surely must have explained to you that if you use any form of credit while on a DMP you are likely to invalidate the agreement? I dont know much about DMP's but am sure someone may be able to help further on this. Your local CAB may be able to help but the problem is that with the amount of people struggling demand is exceeding their ability to cope often...

msmicawber

I'm sorry, nirelandguy, it's so difficult when you have a partner who won't work with you.

I still don't understand the car loan - if it's your BIL's, I presume he pays you the £200 per month? If not, then you need to chase him for it and all the back payments he owes you. Can the car be sold? You probably wouldn't get all your money back, but at least some of it. If he does pay you the £200 per month, then it shouldn't be in your SOA, and you have £200 per month more to pay off your debts than the SOA indicates.

In addition to the various suggestions posted above to tighten up your budget, I think you would be better off if you OH worked more hours, even if you have to pay for child care, since working tax credits would assist with about 75% of the fees. It's all very well her being precious about what brands she will and won't eat, but between you you owe £10k plus and it will continue to escalate if you don't start to pay it off, and pulling in your horns is part of that.

Do you sell stuff on Ebay or car boot sales or whatever? If not, it wouldn't hurt to start and pay off some debts with the proceeds. If you don't, you run the risk that the bailiffs will come and sell it anyway.

For gawd's sake, if you get sent any more credit cards or whatever, cut them up and send them back.

carrottopsuk

nirelandguy wrote: »

WOW £100 on a months shopping!!!!!

When you do your shopping, is it best going to one cheap shop like say Aldi/Lidl or go to say Tescos, Asda etc and only buy there offers and reduced items??

I'm not sure, I still haven't got my food budget sorted 100% yet. I also don't eat meat/poultry so my family is having a lot of vegetarian meals so it is a lot cheaper, you may want to consider having the odd vegetarian meal each week to keep the costs down. Or perhaps a cheap meal eg beans on toast/baked potato one night a week.

I only buy selected things from Aldi. Their cooked meat is meant to be very nice though although I don't eat it myself. I prefer their fruit and veg to Sainsburys. I must admit I get my cans from Sainsburys basic as i think it is cheaper (not their normal range) and as I said I love Home & Bargain for deals. eg I bought some McVities yogi fruit digestive biscuits for 39p that normally cost £1.19 These shops are all in the same place so there's no extra travelling for me.

If you use a lot of potatoes, consider buying a big sack of them (if you can find a cheap farm shop/fruit & veg shop)

Someone else should be able to give you their opinion. Perhaps ask the question on the Old style board. People there are bound to know.

System

Its me that does the shopping so she will have to adjust her attitude. I was brought up with the attitude that you either eat it or go hungry. What I have thought of doing is selling my Sky+ box on ebay and using the money to pay off the rest of the contract, that will be one thing sorted, I have wrote a heart felt letter to BT and included my SOA asking to reduce my package to Option 1, Internet I have found a get out clause so hopefully I will get out of that. Not an ideal solution but my other half is gonna ask her brother for a loan of £10K, he is loaded so hopefully he helps, she has always helped him out and he recently had a bit of good fortune on the lotto.

carrottopsuk

msmicawber wrote: »

I still don't understand the car loan - if it's your BIL's, I presume he pays you the £200 per month? If not, then you need to chase him for it and all the back payments he owes you. Can the car be sold? You probably wouldn't get all your money back, but at least some of it. If he does pay you the £200 per month, then it shouldn't be in your SOA, and you have £200 per month more to pay off your debts than the SOA indicates.

From another thread, his BIL got the loan for them as the OP's partner couldn't get a loan. Therefore, the OP and partner are responsible in paying their BIL back.

System

carrottopsuk wrote: »

From another thread, his BIL got the loan for them as the OP's partner couldn't get a loan. Therefore, the OP and partner are responsible in paying their BIL back.

Correct:beer:

Janey51

Have you looked at the National Debtline website?

You sound really panicky at the moment.
Being in debt is not a crime but avoiding paying them is a different matter. The Courts would look more kindly on someone who tries to pay what they can than one who wilfully ignores them.
The debt you have may seem a huge amount to you but it can be dealt with if you start now.
I don't think you or your OH have really realised the situation you are in. You will always be in debt if you cannot change your outlook. Well done for trying to deal with this.
It's hard to admit you have made mistakes but, if you read and act on the advice on these boards, you will be laying the foundations for your family's future and teaching your kids a great lesson in facing up to problems and dealing with them.

Bismarck

Just a note to say good luck but you do need your other half on board....value stuff is mostly fine ( I tell myself it's the same stuff in different bags) and makes you realise how much you pay for fancy packaging.....we're also 95% veggie now which helps in a lot of ways.

must go and put some spuds in for lunch.....

chin up and good luck

seven-day-weekend

I believe the one called Credit Action is also free.

(Please - next time you are sent a credit card, just cut it up!):D