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I AM HAVING GREAT DIFFICULTY IN PAYING MY CATOLOGUES AND CREDIT CARDS. I AM CURRENTLY 2 MONTHS IN ARREARS WITH 2 CARDS AND 4 MONTHS WITH CATOLOGUES. iREALLY DO NOT KOW WHAT TO DO I KEEPO ON RECEVING PHONE CALLS BUT DONOT HAVE THE MONEY AT THE MOMENT TO PAY AS MY MORTGAGE AND BILLS HAVE GONE UP. i AM ROBBING PETER TO PAY PAUL AND THERE SEEMS TO BE NO END I REALLY CAN NOT AFFORD TO PAY THEM.WHAT SHOULD I DO ? ANY SUGGESTIONS PON HOW TO GET MY LIFE BACK ON TRACK I DO WANT TO PAY AS I HAVE ALWAYS PAID IN THE PAST BUT OVER THE PAST FEW MONTHS MONEY HAS BEEN SO TIGHT..

Hi and welcome to the forum
Have a chat with an IP or debt management firm as you clearly need some help.Depending on your circumstances the solution could be bankruptcy,an IVA or a debt management plan.
Regards

Welcome from me too.

Visit www.iva.com and there are reviews for debt companies on there. Give one or two a ring and they will advise you of all the options open to you.

You will find all the support you need on here, so please keep posting and let us know how you get on.

Welcome from me too
Don't worry there will be a solution, if you go for a DMP just be wary of companies that charge a fee. I went with the CCCS and they do not charge as they are a Charity. My Husband used a company that took his first payment in fees then £80.00 a month, which means they had about £4000 from us over the last 4 years which could have been used against his debt.
xx

How much do you actually owe to your creditors, Baj - and how much do you feel that you have available to pay them each month?

Hi
Just on the CCCS point be aware that they in affect charge a fee for collecting the creditors money and that this is paid by the creditors.
You will actually repay your creditors in full under a fee paying DMP and not under a CCCS DMP.
Regards

Andy, don't both the charity sector (CCCS) and private commercial firms offering DMP arrangements plan to pay back in full?

The private sector charge a fee from the contribution made, whilst the contribution under the CCCS model is paid over in full without deduction - but the lender re-pays CCCS a fee.

Consequently the net effect is that creditors receive the same (obviously it will vary depending on fees charged by the commercial sector as against what CCCS receive from the lenders).

By the way what charitable organisations or good causes does CCCS make payments to other than the Board of Trustees?

David your last question, is one I always keep asking but no one ever seems to have an answer.

I am going to start a new thread on this and see what re-action or comment it generates.