Hello, I hope somone can help me. Ive been in debt since i was 18, I'm 37 now and its affecting my health i'm so worried. I estimate I have about 15-18k of debt, Ive been terrible in paying bills, ive had over 40 addresses and i know ive not paid bills. I'm scared to know how muvh I owe and I dont really know how to go about sorting it. I'm unemployed on JSA, ive come of ESA as i just have to get money to pay my debts, Im getting called everyday, post, emails, text, phone. I cant take it anymore.
I admit to my debts, im not saying I don't owe it, but its overcoming me and Im so low
Hi - Speak to a few companies - use links on here - for the best way forward.
Being in debt can cause a great deal of stress - you done a "fantatic thing" you have accepted there is an issue that wont go away unless you deal with it.
Be upfront /open and honest to the companies you speak to -
The CAB offer Debt advice /support as well .
Keep logged into the forum for support and advice.
Oh welcome to the forum !!
Last edited by ginger3232 on Thu Apr 21, 2011 3:07 pm, edited 1 time in total.
It sounds like bankruptcy would be your best option since you have limited income and apparently no assets. It is nothing to be afraid of so you should get some advice. Ultimately it is only debt and you need to get restarted especially as your health is being affected.
I agree with Michael that BR may well be your best option and as you are on benefits you can get help with the fees.
I'd run things by a professional first though - visit www.iva.com for a ist of companies and reviews and give one or two a ring for free and impartial advice and they will help you.
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
You have made the 1st step by posting. There is a way out of the hole you find yourself in so contact a few companies and get the ball rolling. Everyone deserves a fresh start!
Paul
Discharged today the 8th feb 2012. View is much brighter now.
Continuing to rebuild our credit worthiness.
Well done on taking the first step in trying to sort your debt problems. Like others have advised contact a few companies for some impartial advice and keep posting on here - there is a wealth of advice and more importantly support and friendship xx
Hi and welcome
Do take advice as soon as possible, bankruptcy om the info supplied seems the correct route for you and will bring all your debt problems to an end
Regards
Welcome to the forum from myself too and as other say maybe bankruptcy is your best option with the supplied information, this will give you a fresh start and hopefully then your health will improve.
Speak to a couple of professionals if you feel that's best to ensure you're making the right choice but bankruptcy is something you can action yourself and I know Skippy is well versed on bankruptcy and may be able to answers any questions you have? You could always read her blog as it's very informative. x
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
