72k in debt....I feel sick

moneymeltdown

In_Search_Of_Me wrote: »

Just popping in to see how youre getting on...am unsure from posts what you are doing...ie are you going bankrupt or setting up iva - am confused!! Regardless great to see you taking control and moving forward so positively! Hugs for you and happy new year! Onwards and upwards in 2009!!

i was advised by the cccs in the summer to change bank accounts then write to all my creditors and make them all repayment offers - most of them refused my offers - the cccs did not suggest an iva or bankruptcy for my situation.

moneymeltdown

I am paying off what I can at the moment and attempting to fend off statutory demands and court action! It's really really hard with very little money at the moment - I am doing my best

In_Search_Of_Me

would it be worth ringing cccs again? Hang in there...at the end of the day you cant give them what you dont have!

moneymeltdown

hi insearchofme..I think the main problem is my expenditure exceeds my income AND I am self employed. there is really nothing left to pay back the creditors as cccs said the priority debts like my tax bill have to be paid first.
i will call my counsellor again though..thanks for the suggestion x

pandapaws

Happy New Year MMD! Hope you're able to keep the positive outlook you seem to have had for the past few days for the rest of the year and beyond until it's all solved.

moneymeltdown

pandapaws wrote: »

Happy New Year MMD! Hope you're able to keep the positive outlook you seem to have had for the past few days for the rest of the year and beyond until it's all solved.

thanks pandapaws! happy new year to you too! I think the christmas eve statutuory demand shocked me so much - it made me lose my cool so I blurted everything out here! I think I am back on track (emotionally anyway!) fingers crossed x

In_Search_Of_Me

bound to be tricky as you sort yourself out but much better sorting than putting it off eh...good to hear you feel more in control - its scary at the start!

moneymeltdown

the co-op have threatened to shut my account because due to THEIR mistake I went overdrawn on my no overdraft cashminder account. they charged me £19.50 which made me go overdrawn.........:mad: makes me wonder if I have been bad in a previous life?

madmalteaser

What was the charge for?

moneymeltdown

10past6 wrote: »

If you can post it up I'll take a look, remember MMD the letters you receive are only "threats" of what they "may" do, only worry as and when they take any action.

i have found the 'cca' that RMA resolve have sent. it looks exactly like an application form that i have filled in and signed.

a section of it has been highlighted...it reads...

This is a Credit Agreement regulated by the Consumer Credit Act 1974. Sign it only if you want to be legally bound by its terms

I have a letter from RMA Resolve stating

Please find enclosed a copy of the signed Credit Agreement. We are unable to send you any deed of assignment as we have not been assigned the debt but are acting on behalf of American Express upon instruction.

Can you help with any advice on what to do next? thankyou very much!