£1o,ooo in debt and disabled living with partner and two kids.
2006-07-08 02:31:44 · 13 answers · asked by Anonymous in Health ➔ Men's Health
There is help out there if you are in Britain regarding debt. They may suggest bankrupcy.
2006-07-08 02:37:48 · answer #1 · answered by aliviel27 3 · 7⤊ 4⤋
Companies that offer to "consolidate" your debts into one easy payment per month will probably want some collateral (like your house) to protect them if you can't even pay their amounts. If your current debt it with a credit card company, at least your own home if you have title ti it is secure.
You will probably be paying the one easy amount per month for the rest of your life and have very little to eat, or spend on anything.
You should probably sell anything you don't need, and maybe think creatively. Are you or your partner attractive?
2006-07-08 09:31:07 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Contact your local Citizens Advice Bureau - they will be able to advise you. They should also be able to check to ensure you are getting all the benefits you are entitled to.
Also most local councils have a department to help people having debt problems (I can't think what they are called though) maybe someone out there can help.
Whatever you do, don't be tempted to consolidate your debts with another loan.
Good luck.
2006-07-08 02:38:21 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Hi there i am in the same boat sweets. I owe about £8,000 and i am on benefits and not working. I have approached a debt management company who have been very helpful, and my hubby and i believe they are the best option for us. The place i think you should go is Debt matters http://www.debtmatters.co.uk/index.asp
Read what it says, they should be able to help. If i can be of further help please contact me through my profille xxxx
2006-07-08 02:38:03 · answer #4 · answered by zbfinlove 2 · 0⤊ 0⤋
The very first thing to do is to go to your local Citizen's Advice Bureau. Their address, and telephone number is in the phone book; or online. You can make an appointment with them. Or they have certain hours they are open for people to just drop in.
They will put you in the right direction, help set up appointments, phone people for you, and keep it private and confidential. They are very helpful and understanding.
2006-07-08 02:39:35 · answer #5 · answered by 3 4 · 0⤊ 0⤋
you could petition for bankruptcy if you are unable to pay debts any longer. I did this this some months ago, and it was the best thing I ever did
2006-07-08 02:34:54 · answer #6 · answered by drkeys143 3 · 0⤊ 0⤋
try 2 work
try 2 save
look after the kids
live wihin ya means
love your family
it will work out in the long run
DONT GIVE UP !!
2006-07-08 02:36:16 · answer #7 · answered by Anonymous · 0⤊ 0⤋
I agree. Bankruptcy is a real option you will have to consider.
Before that,though,I would have a word with your local
Citizens Advice, to see what they can do for you !!
Hope this helps. All the best with it !!
2006-07-08 03:07:52 · answer #8 · answered by popeye 1 · 0⤊ 0⤋
Go to the citizens advice bureau and ask them about declaring yourself bankrupt.
Good luck.
2006-07-08 02:35:28 · answer #9 · answered by Just a Guy 4 · 0⤊ 0⤋
there is a firm called debt aid ,you end up paying a little a month, they sort out all your debts ,that you owe . try it ,
2006-07-08 05:57:50 · answer #10 · answered by easygoingdel 2 · 0⤊ 0⤋
I agree with drkey,nowadays there is no stigma attached.You &
you family will have peace of mind.Les Dennis has done it & i do not believe he his penny less,Goodluck
2006-07-08 02:47:10 · answer #11 · answered by Ollie 7 · 0⤊ 0⤋