I neglected to mention, Fair Finance referred me to the Money Matters Project, who are dealing with my case and they are subsidied and monitored by the DTI. The advisor explained to me that if the creditors would freeze my interest and accept the debt management plan I devised, they would be receivi...

Ok, just got back from my meeting with the person at the debt agency and I'm already feeling better! I provided her with a list of my creditors & copies of my most recent bills, and a draft copy of my incoming & outgoings. The advisor was extrememly reassuring, what she told me, in a nutshell, is th...

Well, I opened the new account and it was amazingly easy[:)] I don't know why I was assuming the worst case scenario. As far as the debits for the phone/TV/broadband, etc. all I have to do is fill out a standard form and my new bank do all the work in terms of transferring them and cancelling them f...

OK, I went to the CAB today and they really were quite helpful (considering the amount of pressure they have to contend with in the volume of people they have to see in a day!). They provided me with a sheet with loads of places that help people navigate through the quagmire of debt, the person at t...

Hi Terry, This sounds like a comedy of errors but here goes: I spent the past couple of weeks doing my homework, drawing and re-drawing my expenses, debts, incomings, etc. etc. and finally "fine tuned" it to a debt management plan I thought was workable. I went to my local branch of the CAB half an ...

Thanks everyone for the sound advice, I certainly will be exploring the options, I think the main thing is to go to the Bureau Monday and get some perspective, if anything. I also have an appt. with the Co-op bank this Thursday with a view to opening up a new current account with them. A friend (in ...

Hi again, has been a busy couple of weeks at work but here's what's been happening. The main debt is my bank loan, I contacted them to explain my situation and to see if I could restructure the loan over a longe r period of time. The problem is, with the inflated interest I would only be paying 24 P...

Thank you for replying and apologies for posting this in the wrong place. Lily, I've been doing my maths in respect to what my outgoings would be and am trying to include "incidentials" as you have mentioned. Excluding the loan & cards, I could certainly look at £250 pcm, if not more. Fortunately, i...

Hello all, I hope I'm posting this in the right place. I haven't had time just yet to sit and read the forum thoroughly so if I ask or mention something already posted elsewhere, please be patient with me. In short, I have debts circa 40k. As a result of years of accumulating more & more debts on ca...