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Topic starter
01/06/2023 9:53 am
Hello,
I have been reading through this forum and it has given me some hope.
I am in a terrible position with debt. I have never missed a payment so far however after a few sleepless nights i realised i could not carry on like this and opened a new bank account for wages to go into today therefore i will be defaulting on all my debts tomorow,
About me, i have unsecured debt- 2 loans, 6 credit cards, numerous paypal and klarna repayments and catalogue debt. I have never checked how much this was adding up to until i checked totally money and they confirmed my fear, it is around the £47k mark, there are no words to say how ashamed i am with myself. It has built up over time and many cards are extremely high interest.
I have a full time job, a husband and 3 children. I currently earn £1800 a month and pay out most of this on repayments, i am in persistent debt and with all the will in the world i will never be able to sort this.
An advert on the TV about people gambling to help pay of debt unfortunately led me down that path, luckily i hated this however the amount i paid out is high however i always caved and paid the money back into my account therefore my bank statements do not make good reading. during this oeriod over 3 months i have become so depressed and anxious that i can barely cope with life. I am seeing a psychotherapist about my debt anxiety and gambling. I have self excluded myself from all sites and put a gambling block on my new account. I know that i will never consider this again as it made me so unwell.
Can i be helped? My husband also earns a wage however he is being slightly awkward with me about releasing his oay slips and bank satatements, i don't know if that would be a requirement?
This financial strain is causing considerable strain on my family, alot of the debt i have ran up was to cover large household bills.
I don't know where to go for help, when i read David Tannocks responses to other people in similar positions he makes me feel at ease that i could talk to him.
I am petrified that i am just burying my head in the sand and going to end up living this constant nightmare.
Ec
01/06/2023 2:51 pm
Hi lilly32. I'm glad that the forum has helped give you a bit of hope as it sounds like you have been in a very dark place lately. There is always a solution and I am sure we can help you find the best one for your circumstances.
I'm know David would be touched to hear your kind words, however he is no longer involved with this forum I'm afraid. I'd be happy to help you instead if that's ok with you?
This can be done without the involvement of your husband. We always recommend that you discuss these things together and it is usually best to look at things from the perspective of your household budget, however it isn't a requirement and it should be possible to sort this out without needing anything from him.
I would suggest that the best way forward would be to get in touch with me directly through the site (hopefully you can see the button for contacting me) and we can discuss your situation in more detail and give you proper advice and help, as it can be difficult to do this properly through a public forum.
Please try not to worry - I'd say you are right to feel hopeful. It's not easy to reach out for help but I am certain that before long you will be very glad you took this brave step.
Kevin
Scottish Debt Solutions Expert - Ask me for help setting up a Scottish Trust Deed or Debt Arrangement Scheme plan.
