All Forums  archive  bankruptcy postbag for august  new here and shamed

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Screensize: 640 x 480 800 x 600 1024 x 768 1280 x 1024 UserName: Password: Format Mode: Basic  Help  Prompt  Format: Font Andale Mono Arial Arial Black Book Antiqua Century Gothic Comic Sans MS Courier New Georgia Impact Lucida Console Script MT Bold Stencil Tahoma Times New Roman Trebuchet MS Verdana   Size 1 2 3 4 5 6   Color Black Red Yellow Pink Green Orange Purple Blue Beige Brown Teal Navy Maroon LimeGreen Message: * HTML is OFF * Forum Code is ON Smilies [quote][i]Originally posted by titch392000[/i] [br]Hi, im 33 and im ashamed to say i've been bancrupt in the past. I was naive and in a bad relationship, i believed when my ex said he couldnt get credit so everything ended up in joint, or my name. When it all imploded he quit his job and i landed all the debt. That was 12 years ago. Now here i am, in a wonderful relationship and finding myself on the brink of declaring myself bancrupt ...again. My husband is in a lowish paid job, pays all the bills, mortgage etc which are all in his name. I have debts amounting to approx £10k in my name only, and my only income are a bit of child tax credits, child benefit, disability living allowance and incapacity benefits. Part of how my condition affects me is bad concentration and memory. It seems that everytime i go to the bank they're telling me how they can make my life easier and i come away with a new credit card which will help pay for another credit card, or a loan to pay off something else. I have always had trouble with money, i've never understood figures and it seems there are always things that are needed for the house or our son, just food, clothes etc, nothing outlandish. I have £10k of debt but we haven't been on a holiday anywhere in 10 yrs, our car is a motability car, i just don't 'see' where the money has gone. It all seems to make sense when i'm in the bank, then i come home and i dont understand it anymore. I'm considering bancruptcy again because the bank rang me last week to help me with my credit card, i went in, they sorted me a loan said i'd be debt free in 5 yrs. Was only when i got home and my husband looked through it all that he realised they'd put my down has having £200 a mth more income than i have, and the repayments are going to be £11 more than was currently paying. The money was in my account the same day i was given it, but i tried to cancel, and was told to put things back the way they where the loan i had originally would be re-instated at todays rates and i'd be paying £12 a mth more than i was originally. I'm so angry at myself for being in this position again, and i'm ashamed because my husband has bailed me out numerous times in the past but i just get so confused and before i know it i have money owed everywhere and i dont really know why. My money goes into my bank a little bit at a time, all over the place, and bill payments go out and most of the time i'm living in my overdraft, i go to the bank for help and they gave me a £6700 loan. Sorry for ranting, just feel so lost, and depressed and angry and shamed. I know what i owe isn't a lot compared to some of the debts i've seen on here, and i must sound pathetic, just feel so overwhelmed and everytime i try to find a solution i just can't think. thankyou for reading. hindsight is a wonderful thing. [/quote]   Check here to include your profile signature. Check here to subscribe to this topic.