A
amyhelp1
Guest
I have read alot of posters saying they are very bad off but I've never heard of anyone as bad as us. So any constructive advice is appreciated. Forgive me but I dont know how or where to get the layout which asks the specific questions re amounts etc so ill try and include everything but feel free to ask me for what I have forgotten. Here goes;
Earnings p/m:
Me; 3000
Husband: Varies (relief worker) Never ususally less than 1800, average
Child Benefit: 3 children, 487
Outgoings p/m:
Mortgage: Borrowed 445k, fixed rate until 2012, repayments of 2485 p/m. We struggled with it so bank agreed to an underpayment, pay 2020 p/m but the difference goes down as arrears each month. That and the fact that we missed alot of payments now puts us at approx 13k in arrears.
Car loan; 450 p/m
Credit Union 1: 300p/m (was 480 but agreed to cut it down for us)
Credit Union 2: 300p/m (same as above)
Life Assurance 90p/m
Childcare: 990p/m
Internet & Phone credit: 80p/m
Management Co. Fees: 30p/m
Television License: 13p/m
Tv - basic package: 27p/m
Plus I have a bad outstanding debt of 4500 euro which needs serious attention due to a judgement on my house for not being paid.
Husband travels by train to work; approx 80p/m
Plus petrol costs, approx 200p/m - car is essential
Then all the other usuals, utility bills, shopping etc. 3 children in nappies
I am currently engaging with mabs but just looking for another perspective really. Obviously selling the house or indeed walking away from it is not an option as we are in negative equity. I know its a case of having borrowed too much. We dont smoke, very rarely drink, odd bottle of wine maybe once a fortnight.
Anyone willing to comment?
Earnings p/m:
Me; 3000
Husband: Varies (relief worker) Never ususally less than 1800, average
Child Benefit: 3 children, 487
Outgoings p/m:
Mortgage: Borrowed 445k, fixed rate until 2012, repayments of 2485 p/m. We struggled with it so bank agreed to an underpayment, pay 2020 p/m but the difference goes down as arrears each month. That and the fact that we missed alot of payments now puts us at approx 13k in arrears.
Car loan; 450 p/m
Credit Union 1: 300p/m (was 480 but agreed to cut it down for us)
Credit Union 2: 300p/m (same as above)
Life Assurance 90p/m
Childcare: 990p/m
Internet & Phone credit: 80p/m
Management Co. Fees: 30p/m
Television License: 13p/m
Tv - basic package: 27p/m
Plus I have a bad outstanding debt of 4500 euro which needs serious attention due to a judgement on my house for not being paid.
Husband travels by train to work; approx 80p/m
Plus petrol costs, approx 200p/m - car is essential
Then all the other usuals, utility bills, shopping etc. 3 children in nappies
I am currently engaging with mabs but just looking for another perspective really. Obviously selling the house or indeed walking away from it is not an option as we are in negative equity. I know its a case of having borrowed too much. We dont smoke, very rarely drink, odd bottle of wine maybe once a fortnight.
Anyone willing to comment?