It's making me so ill - please help!

johannamse

fluff wrote:

been there,done that.god it is a rotten way to feel.call gregory pennington,they will manage your debt(not bankrupcy) and will pay your creditors so much a month.have helped me out no end and i owe treble you do.phone,they are superb,and you can pay them at a price that you can afford monthly. go on phone them.good luck babe.

Do not do this under any circumstances this will make the situation worse.

Please, please have the courage to open up to someone about all this, your health is the most important thing in the world. You could tell someone else and then you tell your husband together.

Try to remember things really are never as bad as you think they will be.

fluff_2

oh please,yes they do charge a set up fee,but that is in your monthly repayment.we have much more debt than that,and we only pay £350 a month for 8 yrs.dont be put off hon.xxxxx

fluff_2

xbigman,who are you to tell someone what to do!have you been in that situation??? it worked foe us,and still is.we can still reduce payments if we need to.yes it may take longer,but my god,its better than people screaming at your door,or down the phone.

fluff_2

johannamse wrote:

Do not do this under any circumstances this will make the situation worse.

Please, please have the courage to open up to someone about all this, your health is the most important thing in the world. You could tell someone else and then you tell your husband together.

Try to remember things really are never as bad as you think they will be.

why will it make it worse,its as bad as it can get!! tell her partner,but they can work things out together! and money management can,and will help.who are we to tell them what to do,we can only pass on what has worked for an individual.

fluff_2

stressedoutmumof1
we are there and we have 3 kids.whatever you do,go with your instinct.we did and are a lot happier.

crystal_clear

FLUFF!!!!! WHILST THIS HAS WORKED FOR YOU AND YOURS AND YOU MAY THINK IT GREAT AND GL TO YOU WHAT THE OTHERS ARE SAYING IS YOU GET THE SAME SERVICE AT CCC'S OR PAYPLAN YET NO FEE'S AS IT IS FREE DEBT MANAGEMENT SO THEREFOR THE DEBT CAN ONLY REDUCE QUICKER AS ALL MONIES GO STRAIGHT TO THE CREDITORS.... :j
FLUFF I SEE YOU ARE HAPPY WITH THEM BUT HAVE YOU ENQUIRED AT CCC'S OR PAYPLAN AS IF THEY TOOK OVER MANAGING YOUR DEBT YOU REALISE YOU WOULD ACTUALLY BE DEBT FREE SOONER AS NO FEES ALL PAYMENTS STRAIGHT OFF DEBT :T

deemy2004

Calm down, calm down.... :rolleyes:

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You need to bite the bullet and tell your husband... That is the first thing to do ! a problem shared is a problem halved. After you tell him, you will have wished you had told him much earlier !

After which you can both work out ways of solving the debt problem.

But do tell him !

nelly_2

Actually our leader Martin said in a post , that its probably best to get a plan together first before telling the other half.....

So he needs to know, cos one way or another he WILL find out, but at least if there is a light at the end of a tunnel its better to present it that way surely.

stressedoutmumof1

Thank you all for responding with kindness. I have to say it does feel marginally better having told someone!!

Here goes with the boring bit....

Income
My wages - £995
Hubbies wages - £1600
Child Benefit - £68
Tax Credit - £39

Total Income - £2702

Outgoings
Mortgage - £875
Council Tax - £115
Landline - £60 (until amount paid off - then reducing to £30)
Car Loan - £106
Loan - £168
Barclaycard - £88
Egg Card - £60
Egg Card - £10
TV (HP) - £34
Car Insurance - £49
Home Insurance - £27
Life Insurance - £27
Mortgage Life Insurance - £12
Childcare - £500 (only because it's school holidays - after holidays I don't pay anything)
Food shopping - £320
Petrol - £50
Gym Membership - £39.50
Sky - £51
Loan to Dad - £100
BT Broadband - £15.99
Next Directory (Credit Collection Agency) - £50

Total Outgoings: - £2657.50 - this leaves a surplas of £46.50, however because I've gotten into such a mess we're always playing catch up each month and have to pay about £200 + on our overdraft and direct debits that bounce end up being taken out twice in the month (ie this month I had to pay £168 for my egg loan and £208 for the direct debit that bounced last month - at least I'm up to date with them - and that's not mentioning the unpaid direct debit charges from the bank at £30 a throw and £28 each time for being overdrawn!!!!)

None of the above includes what I've been hiding from!!

Citibank Credit Card - £4500
RBS Credit Card - £4000
Barclaycard - £2000
Morgan Stanley Card - £1500
Lloyds TSB Card - £2500
Accucard - £2500
Capital One Card - £1200
Empire Catalogue - £1500
Great Universal Catalogue - £1500
Studio Catalogue - £400
Argos Card - £800
Adams Card - £900
Dorothy Perkins - £800
Additions Direct - £900

A total of £25000!!! And I don't know where to start!!

Spendless

Hi

Is there anything in your outgoings that you could get shut off or reduce. Gym membership for example or sky tv. Your childcare costs ;looking at the tax credits you receive it looks like you get the family element (£545pa). Sometimes you can get extra help even on this level with childcare costs. Check it out at https://www.entitledto.com. If your and/or OH workplace offers childcare vouchers and your childcare provider accepts them then use them as you can salary sacrifice upto £50 a week and it be exempt from tax and NI. You can both salary sacrifice for same child.