It's all come to a head

inthecrap

Hi guys, im new to the forum so take it easy. I CAN'T MANAGE MY FINANCES there i admitted it for the first time instead of pretending every think is ok. I did not know were i should have posted this but as credit cards are one of my problems i thought here was as good a place to start as any. I owe what i consider to be a lot of money, between credit cards and loans about 40k. every think was under control until about 6 months ago. 12 months ago I bought into a small business that had been running and making a profit for the last 15 years and at the time was a great opportunity but unfortunately trade took a dip and as a result i have been unable to pull a wage from the place for the last 6 months. I am now unable to make payment to my credit card company's, loan company's, my bank and my monthly utility's. I really need some help as i have no idea what i should be doing about it all. I though the wage thing would sort itself out in a couple of months so just ignored my bills for a while in the hope i would be able to phone them up and bring all the payments up to date in a few months but here i am 4 months on from paying them any money and missing 3 consecutive payment and now i am getting letters from the card company's saying i have 7 days to pay the balance in full or i am in all sorts of legal trouble. What do i do???? just to make things worse i need a fast response because i have not paid my broad band bill and it is due to be switched of in the next 2 days. Thanks in advance.

markhunter

I'd suggesting getting down to your local citizens advice bureau or calling the National Debt Line mate

darcyvuqua

markhunter wrote: »

I'd suggesting getting down to your local citizens advice bureau or calling the National Debt Line mate

i agree this is the best path to take but you may gain more info in the debt free wanna be board there are a lot more gurus there that maybe able to advise a little better i hope you get it all sorted and soon as its a whole load of worry xxxxxxx good luck

inthecrap

Thanks for the fast replys guys. If i could move this to the debt free wanna be board i would but i think i will just have to duplicate this post over there. Thanks again.

darcyvuqua

yes you will have to post the same thread in dfw board good luck i wish i could help more sorry! x

inthecrap

Thanks for the replys guys, i have moved it over to DFW and if you wanted to look in to see how i get on then the link is below. Thanks again http://forums.moneysavingexpert.com/showthread.html?p=11918681#post11918681