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Attempt to tackle my debts head on.... HELP

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Hey everyone.

Total noob here attempting to resolve some of our debts and looking for some advice..


. I've read some great success stories on here and some very valuable advise,

which will no doubt help me towards being debt free so thanks for all the info that has been about.


To start with I have the below debts I'd love to get rid of one way or another


Barclays Overdraft - Wife's £1,500

Halifax Credit Card - Wife's £4,600

Virgin Credit Card - Mine £1,250

Natwest Overdraft - Mine £2,000

Natwest Loan - Mine £7,400

Natwest Credit Card - Mine £1,250

Total £18K


I've also written down a budget planner and worked out how much I have left at the end of each month

to pay the above creditors and im pretty much broke by the end of the month.


.. well actually I am as i'm having to ask family/friends to help me get through the month.


So i don't have any disposable income.


The only thing is,

I have never had a missed payment or defaulted or anything on any of my debts. T


he problem is though I don't really have any money left

and I can't ask family any more as they have leant me enough to pay off

and close other debts so now im just left with these.


I'm wondering which direction I can go..

I've been advised to go down the DMP route either via Stepchange/PayPlan or do my own DMP,

which I don't mind.


.. I'm even tempted to write to Virgin to see if they can write my debts off

I just need some guidance on where to start and what I need to be doing...


Any help much appreciated



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i'd go with a self admin DMP/.


how old are all these debts.


what dhows on your credit file



please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

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Hey dx


The oldest are probably our overdrafts which were from uni days about 8 years,


then virgin credit card which the account is actually closed but im paying the balance,

rather paying the interest as my balance has hardly budged


... the halifax is about 5 years,


the loan is 4years and


the natwestcard about 2 years...


My credit file is a bit shot but thats because of the amount of money ive borrowed,

but as mentioned never missed a payment..


. ive been shot a bit because ive also done credit searches

which ive not done for about 6 months so that should come off my account soon...


to be honest im not really fussed about my credit file because I dont ever plan on using credit again.


.. I have no intentions to buy a house (prefer renting)

and once I clear this debts I dont plan on ever going back in..


.. it was my youth and naivity that got me here but im slowly learnin the value of cash over credit

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