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  • FIRST POST
    • Alocee
    • By Alocee 16th May 18, 8:11 PM
    • 3Posts
    • 2Thanks
    Alocee
    Financial Mess
    • #1
    • 16th May 18, 8:11 PM
    Financial Mess 16th May 18 at 8:11 PM
    I am terribly worried about my debt, all together itís £15k, mostly through my ex partner but in my name , I stupidly believed he would pay it as promised but no and I cannot get in touch with him. One of the debts is a guarantor loan which I again stupidly agreed to be the guarantor and are starting court proceedings to obtain a decree . I have explained all of my circumstances, on ESA, single parent - I canít see my circumstances changing anytime soon any money left over is about £10 per month . The loan is 5k , will the judge accept such a low offer? Or would diligence be granted due to it being such a low offer but my I&E is already very tight. I do not have any assists of that value.
    I cannot get my head straight as to what steps to take after token payment letters as I beleive that canít be offered for that long.
    I try to phone debt charities but hang up as I feel so ashamed and stupid, canít sleep due to all the worry even after g.p prescribed sleeping tablets.

    Thank you in advance for any info
Page 1
    • Karonher
    • By Karonher 16th May 18, 8:18 PM
    • 512 Posts
    • 2,158 Thanks
    Karonher
    • #2
    • 16th May 18, 8:18 PM
    • #2
    • 16th May 18, 8:18 PM
    If you can post here, can you contact a debt charity online and tell them what you have told us?

    They wont judge you and will be able to advise you what to do.
    Getting ready for Christmas 2018

    Aiming to make £5,000 online in 2018.
    • sourcrates
    • By sourcrates 16th May 18, 8:22 PM
    • 15,252 Posts
    • 14,354 Thanks
    sourcrates
    • #3
    • 16th May 18, 8:22 PM
    • #3
    • 16th May 18, 8:22 PM
    Hi,

    They cannot take what you do not have can they.

    Usually decrees/judgements have monthly payments set according to your income.

    Even if they did set the payment at an unaffordable rate, you can then challenge this and get it changed, so do not worry.

    The legal system is there to help both sides in these cases.
    I'm a Board Guide on the Debt-Free Wannabe, Credit File And Ratings, and
    Bankruptcy And Living With It, boards. "I volunteer to help get your forum questions answered and keep the forum running smoothly".
    Board guides are not moderators and don't read every post. If you spot an abusive or illegal post then please report it to forumteam@moneysavingexpert.com. Any views are mine and not the official line of MoneySavingExpert.com.

    For free debt advice, contact either : Stepchange, National Debtline, or, CAB.
    For Free Legal advice see : http://legalbeagles.info/
    • Alocee
    • By Alocee 16th May 18, 8:22 PM
    • 3 Posts
    • 2 Thanks
    Alocee
    • #4
    • 16th May 18, 8:22 PM
    • #4
    • 16th May 18, 8:22 PM
    Thank you for replying, I have pretty bad anxiety and a stammer which is very prominent just now I avoid phoning but maybe I can send an email
    Thank you I didn!!!8217;t think of that
    • Alocee
    • By Alocee 16th May 18, 8:24 PM
    • 3 Posts
    • 2 Thanks
    Alocee
    • #5
    • 16th May 18, 8:24 PM
    • #5
    • 16th May 18, 8:24 PM
    Thank you for replying , I thought I read somewhere that if the decree takes too long a time to pay they go for diligence , hence the panic as I thought if I!!!8217;ve nothing of that value what happens then.
    Thank you
    • sourcrates
    • By sourcrates 16th May 18, 8:29 PM
    • 15,252 Posts
    • 14,354 Thanks
    sourcrates
    • #6
    • 16th May 18, 8:29 PM
    • #6
    • 16th May 18, 8:29 PM
    Diligence is unique to Scottish law, and I;m afraid Im not too clued up on it.

    Again, one of the debt charities will be able to help, National Debtline have a live chat facility if you don;t want to talk on the phone.
    I'm a Board Guide on the Debt-Free Wannabe, Credit File And Ratings, and
    Bankruptcy And Living With It, boards. "I volunteer to help get your forum questions answered and keep the forum running smoothly".
    Board guides are not moderators and don't read every post. If you spot an abusive or illegal post then please report it to forumteam@moneysavingexpert.com. Any views are mine and not the official line of MoneySavingExpert.com.

    For free debt advice, contact either : Stepchange, National Debtline, or, CAB.
    For Free Legal advice see : http://legalbeagles.info/
    • poppasmurf_bewdley
    • By poppasmurf_bewdley 17th May 18, 9:58 AM
    • 5,260 Posts
    • 5,360 Thanks
    poppasmurf_bewdley
    • #7
    • 17th May 18, 9:58 AM
    • #7
    • 17th May 18, 9:58 AM
    Have you looked into getting a Debt Relief Order or even going bankrupt?

    If you don't own any property, both are worth investigating.
    "There are not enough superlatives in the English language to describe a 'Princess Coronation' locomotive in full cry. We shall never see their like again". O S Nock
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