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Major life changes . Dealing with creditors
john_kent
Posts: 425 Forumite
Hi All
I have been working ta my debts for a while now (need to update you all on whats happening).
However , in the last week , the following has happened.
Work announces a restructuring which will mean no overtime.
The doctor has ordered me to slow down. I know i have to many little projects going. I have to free up 3 hours a day for me and only me to relax.
Partner and I have decided to settle down whne she moves her or I move to North America to be together.
Family member I live with is moving to Spain in August so have to get a flat or rented accomodation
So my question is
How will creditors take it if my rent jumps form £200 pm to £425pm and I then have bills to pay like electricty council tax etc?
How feasible is it to move abroad with debt here and still pay it off through a UK bank account?
My income will decrease slightly in the interim due to doctor telling me to relax and take time for me. How will creditors react to this news.
Thanks in advance
John
I have been working ta my debts for a while now (need to update you all on whats happening).
However , in the last week , the following has happened.
Work announces a restructuring which will mean no overtime.
The doctor has ordered me to slow down. I know i have to many little projects going. I have to free up 3 hours a day for me and only me to relax.
Partner and I have decided to settle down whne she moves her or I move to North America to be together.
Family member I live with is moving to Spain in August so have to get a flat or rented accomodation
So my question is
How will creditors take it if my rent jumps form £200 pm to £425pm and I then have bills to pay like electricty council tax etc?
How feasible is it to move abroad with debt here and still pay it off through a UK bank account?
My income will decrease slightly in the interim due to doctor telling me to relax and take time for me. How will creditors react to this news.
Thanks in advance
John
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