I need help urgently please!!!

[sljcats]

I broke up with my husband before Xmas. He took it badly and was sectioned. We have shed loads of debt and I got behind in payments cos he was off work and didn't get paid. He's back at work now, but I can't seem to get straight. I'm currently in arrears with Barclaycard, Lloyds TSB card, Debenhams and First Plus. I've managed to sort First Plus, they're being ok, although they got a debt collection agency involved. I think Barclaycard have just got a debt collection agency involved, but Debs and lloyds haven't yet. What can I do?? I've never been in this situation before. As soon as I sell the house, it'll all be ok, but obviously, the market the way it is, it's taking some time. Any help or advice I can get will be great. Also, I'm getting charged bank charges for refused direct debits etc.

[Bubb]

Sorry to hear about your situation Although I cannot offer any advice as I am in a similar situation with debt and not knowing what to do, I can tell you that you have come to the right place and people here will help you enormously.

 

Whilst waiting for someone to help, you may want to spend some time looking through various threads on this forum and doing some searches on keywords relevant to your situation, as a lot of good information can be found that way.

 

Try not to worry too much, you are not alone!

[Hobbie]

Sljcats,

 

Sorry to hear about your problems.

 

First of all you need to WRITE and inform each of the lenders of your circumstances, explain in detail to them.

 

Make an offer to each lender what you can afford, most likely they'll request more than you offer, but you can't pay what you simply haven't got, so make sure you explain to them that the amount your offering is the most that you are able to afford.

 

Regarding your bank charges, you may be able to claim them back if the charges are unlawful.

 

Don't mention you are selling your house though.

Edited May 7, 2008 by Hobbie

[gni03349]

Hobbie, please edit you post to change the word to "unlawful". I know it might seem like nitpicking, but using the word that you did, hasn't been proved, hence the legal challenge through the courts at the moment. Thanks

[SHELBELLE]

SLJCATS

 

Sorry to hear of your dilemma, but as Bubb has said you have definately found the correct website here. We are all in some kind of financial situation or have knowledge of debt etc so be patient and someone will help you.

 

From the other threads and forums I understand that you are best not to speak to any creditor on the phone, simply request they put everything in writing however pressurised they may be.

 

I am speaking from personal debt experience and would recommend that you always open your mail and try to deal with things in writing and promptly.

 

Have you tried one of the free charities out there who specialise in these case such as the CCCS or National Debt Helpline even the CAB? It may be worth a call just to put yopur mind at rest.

 

Also why are you selling the house? is it to clear unsecured debt or can you simply not afford it any more?

 

Dont stress, there will be someone who can help.

 

 

Shelbelle

[Hobbie]

Indeed, my mistake.

 

Maybe I was jumping the gun a little

[gni03349]

Thanks Hobbie... I know it seems a little "harsh", but I did the same once lol.

 

(Sorry for "hijacking" the thread)

[sljcats]

Wow!! Thanks for the swift responses. I'm selling the house as I can't afford it anymore. I'm not living there anyway, I'm living with my mum. But he's still living there.