it just doesnt work out does it?

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Darren.6

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Post by Darren.6 » Tue Aug 17, 2010 8:53 pm
Hi I taken home after tax,insurance etc £1140. I have a car on finance and a loan which comes to total of £779. I have a phone bill of £32, then have car insurance of £74, and then re-fueling the car 3-4 times a month at £45ish. Plus food it just doesnt work out does it? Im not sure what I can do?

I would try and give the car back but It's on finance and you sign a contract so can't.
 
 

luluj

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Post by luluj » Tue Aug 17, 2010 9:34 pm
Hi darren...it certainly looks like you need some advice from some of the professionals.
An IVA might be appropriate but there are other options too available
Sharing from experiences of dealing with debt

There is a solution for everyone .... Just need to stay positive !

Look at my blog "All I wanted was a baby"
 
 

Darren.6

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Post by Darren.6 » Tue Aug 17, 2010 9:38 pm
Yeah I'm going to try and book in to goto the citizens advice tomorrow and see how I get on.

I'm not sure what other things I can do, apart from bankrupt which I really don't want to do.
 
 

MelanieGiles

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Post by MelanieGiles » Tue Aug 17, 2010 9:40 pm
Why not also try calling an insolvency practitioner for some advice. If you restructured the loan repayments, or negotiated lower payment terms, this could see you in the clear or at least debt free within a realistic timescale.
Regards, Melanie Giles, Insolvency Practitioner
 
 

luluj

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Post by luluj » Tue Aug 17, 2010 9:43 pm
Advic from the forum would be to get two or three opinions before making a decision.
There will be a solution out there for you.
Experts listed on this forum are all highly recommended..good luck
Sharing from experiences of dealing with debt

There is a solution for everyone .... Just need to stay positive !

Look at my blog "All I wanted was a baby"
 
 

Darren.6

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Post by Darren.6 » Tue Aug 17, 2010 9:55 pm
Thanks Melanie. I will see if I can find a phone number for one and give them a ring. I'm not really sure what they do but I guess I will when I ring them
 
 

kallis3

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Post by kallis3 » Tue Aug 17, 2010 11:15 pm
Visit www.iva.com for a list of companies and reviews and give one or two a ring.

You will receive free and impartial advice about all the options open to 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
 
 

Darren.6

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Post by Darren.6 » Tue Aug 17, 2010 11:40 pm
Ok thanks, I will give acouple of them ago tomorrow. Thanks
 
 

MelanieGiles

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Post by MelanieGiles » Wed Aug 18, 2010 12:58 am
Insolvency practitioners give advice about all debt problems and solutions, so that you can decide what is the best way forward for your future. Don't be afraid about contacting one - we are all human and will be able to assess your situation quite quickly and make suggestions and recommendations for you to consider in your own time with no commitment either side.
Regards, Melanie Giles, Insolvency Practitioner
 
 

Shining

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Post by Shining » Wed Aug 18, 2010 8:12 am
Also take a look in the experts link if you want to Darren as all our professionals who post on the forum come highly recommended.
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
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