we have £18.000 pounds of debt with different credit cards and bank loan because of ill health we cannot keep up with payments and are feeling suicidal can you help
Hi Julia and a warm welcome to the forum where you will find much support.
Please do not have such dark thoughts about a relatively low amount of debt, where there will be a number of solutions available to you. I suggest that you speak to an insolvency practitioner directly about the options, to find out which ones would be suitable to your circumstances. And continue to use the forum for general support and advice.
Help is definately out there, and I promise that you will feel better about things once you have shared them with a professional.
Please don't worry as a solution to your problems is available. There have been many many people in your situation who both have owed less and more than your debts. Be patient and seek professional advice as soon as possible. A good starting place is www.iva.com
Regards, David Mond, Insolvency Practitioner for over 46 years. Personal Insolvency Practitioner of the year 2012, Personal Insolvency Practitioner of the year finalist 2013 & 2014 awarded by Insolvency & Rescue Magazine and 2015 finalist for Personal Insolvency Firm of the Year.
Welcome from me too. You have taken that important first step, and you have found us.
You will get all the advice and support you need on here, anytime you need it.
I agree with Melanie and David, you do need to speak to a professional who can tell you all your options.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
Hi Julia, I'm sorry to hear that you're feeling so bad. There is a solution to your problems, it's just a case of working out the right one.
Melanie is highly recommended by a lot of people on this forum, and although I'm not in an IVA I have met her and she is very approachable. Give her team a call and they will help you work out the best way forward.
Please don't do anything silly - your life is worth far more than money. Please keep posting, there's always someone around to answer questions or to chat or rant to x
Please dont worry, it seems like youre in a very dark place right now and believe me I know that feeling. There is some hope, you can get through this. You owe some money and not your life. Although it doesnt feel like it to you right now, youre debts are quite low, I owed almost 30K and was in a bit of a panic (quite and understatement there) and lost my job. I got through it, I did have the darkest of thoughts like you in the begining but if I would have acted on those feelings my children and familiy would never have known I loved them, they would never have been able to offer the help that they did and I would never have known how precious my life is to those that love and wanted to help me.
Just stay with us here and I promise that you will get all the support you need to get you through this. Youre amongst freinds who really do understand.
You're in a great place here, nearly everone is in a similar situation to yourself, we all support each other, so please don't have those thoughts, keep posting and we can support you. As everyone has said, you need to speak to a professional, there is a solution out there. XXXX
Hi Julia,just wanted to add my welcome & say that you are definitely not alone in this.I owed triple the amount of your debts,and was convinced that there was no way to get out of the mess i was in.But 8 weeks after contacting melanie and her team i had an iva in place,and now my life has completely turned around,so there will be a way forward for you too,and i'm sure that once you have sought some advice and reassurance you will feel so much better.Take care and keep posting.we're all here for you.xx
Hi Julia, a warm welcome from me too, i hope that you find your inner peace, this site will be of great help and support to you, please don't feel alone because you are not and you have taken a positive step in realising your problems, £18,000 isn't such a large debt but may seem like a mountain to you at this moment in time, there is a solution and i wish you well in whatever you choose to do.
Good luck and be safe.
15 down, 45 to go
Om shanti, namesté, good luck to all who are embarking on the IVA journey, it isn't always an easy one but the outcome is the best.
IVA COMPLETED August 2012, received Completion certificate 18.4.13.
Being in debt, whatever the amount you owe, can feel like a problem with no solution and you will be feeling desperate. I felt like you last year and could not see anyway out and felt a complete and utter faliure and totaly worthless.
Be assured that there are many debt solutions and you just need to speak to a professional and then you will have it all clear what your options are and what you need to do. You will feel as if a weight has been lifted as you will be able to see a light at the end and have a way out.
Well done for realising you need help and please seek this asap. It can be so hard when you are feeling down and desperate to get the motivation to ring someone and talk about what you probably least want to speak about, but it will really help you to form a plan. I remember the first phone call I made and it was awful and I really had to psych myself up to do it, but I felt better afterwards although I had lots to think about it felt better to be doing something about it and not burying my head in the sand.
I would also suggest booking an appointment with your GP for a chat as you may need help from them also, depression is nothing to feel ashamed about and I will admit I am on tablets for my depression and they made me feel so much better. Not that I am advocating them as a miricle cure for all, but for some they work well.
If you have suicidal thoughts try to think about the people you will leave behind who love and care about you, I am sure there are many people.
Please, please contact a professional and your GP and use the forum for support and advice as it helped me no end last year. All posters will empathise with you and the motivation to post is so you can help people as others helped you when you first posted.
I wish you well and hope you make the first steps, just one at a time[:)]
Emma x
Be positive & look after yourself, there are more important things in life than debts....
This post really does show what this tremnedous forum is all about.
If you read David's and my own posts, we cover the technical issues and try to steer Julia to a sensible solution, which are fine in themselves, but the sheer weight of support and proper advice from the rest of the team is overwhelming - even I am sitting with a lump in my throat and a huge feeling of pride as to how you all rally round each other and provide such wonderful help - to a new poster, who has just joined the forum today and must be feeling so welcome amongst people who really do care.
It must be such a warming sensation for anyone who has plucked up the courage to post first, and when I see the community personified at the regular Frugal Friends meetings, I am overwhelmed with the courage, common sense, and sheer gutsiness of all of you.
David and and I may be leaders in our chosen professional field, but there is something that makes each one of the regular forum experts very special, and I am so proud to be part of this amazing support network.
Hi Julia and all the rest of you lovely people! Like Melanie this has brought yet another lump to my throat! Hang in there Julia we are so all in the same boat (except ours is to the tune of £138k or more) - total nightmare and total humiliation but my god does this forum ever make you feel that there is light at the end of the tunnel! Take Melanie and David's advice - they come so highly recommended by everyone on here and lets keep propping one another up through this terribly daunting time!! Good luck hon - and remember its only money - you cant take it with you! (Well that's what I keep telling myself - that and "at least we have our health and most importantly - sense of humour!!)
Kind regards
Fi xxx
Still gathering info....but hope to be on the right path pronto!!
welcome to you julia...you have definetly arrived at the right place for such a time as this..many of us can echo the feelings of despair you may be feeling..just take a look at some of the blogs and you will see how much we all can identify...but you will also see a sense of hope spinning its way thorugh everyones story....the forum is a real life saver as well as a life changer...so stay with us....there is more to life than your debt....keep posting....we are all here for you
IVA completed 11th Dec 2009 due to a Full and Final with the fantastic help of Michael Peoples and
Mc Cambridge Duffy
I just wanted to add my support, we understand how it feels to live with the pressure of debt. It affects your health, relationships, confidence...every part of day to day life really. However, there is a solution and you have taken a massive step towards finding the right one for you, by realising you can't go on with the situation.
Even though all our cases are individual, we have debt in common and whilst we may not know all the answers, we will give you all the support and advice we can. The same way we received and still do need support through our journeys. In addition to us there are some fantastic experts who will also advise you.
You'll find a variety of posters on here, some just starting to find a soulution, others like me are over a year into an IVA and others have completed IVA's or bankruptcy. So there's a mixed bag and I know we can support you.
Personally, we owed in the region of £80k and have found the solution for us..an IVA. So please don't despair, there is a way forward for you.[:)]
Good morning Julia, I hope you're feeling better today after reading the fantastic comments that people have posted in reply to your current situation. I can only echo what has been said before, it is a CURRENT situation, there are people on here who will help you both professionally, and on a personal level, because believe me, we have all been where you are now, and we do understand what you are going through.
Please post again Julia, just to let us know how you are, if only to share a little more information so the experts can help you get back on top of your life. You will never regret it, we all haven't, and we realise how hard it is to make that first post.
