Hi All,
I'm 32 and starting a new chapter in my life. I've NEVER had credit. Abused it as soon as I turned 18 and never got back on the right foot. I was in a high paying sales role which included a company card. I managed to pick up a drug habit and subsequently abused this privilege. I'm 18 months clean now but that's another story. I'm now in a more blue collar role, whilst the money is substantially less (£13 p/h) I'm much happier in life.
I've managed to create quite a trail of destruction with my finances and i want to one day get a mortgage and not worry about bailiffs. I've started looking at IVA's. My current monthly budgets looks like this:
Income: £1,800 p/m
Rent & Household Bills (with my partner) - £550 p/m
Food - £200 p/m
Child Maintenance - £260 p/m
Phone - £25 p/m
Petrol - £100 p/m
My clear score credit rating is... 0 I have the following outstanding:
Borrowing and Utility Accounts - (British Gas, Lantern Debt Recovery etc) - 7 Accounts totaling £3,438
Overdraft - 1 overdraft (unarranged) £300
CCJs - (This is where a couple of silly ones and the aforementioned company card come into play) - 3 CCJ's totaling £8,675
Ultimately, i need some advice on how to sort this mess out once and for all and i was hoping i could get some help. I've not updated my address since i moved in April 22. I feel like a 2nd rate citizen and i just want to lead a normal life without the worry. The drugs used to help me ignore issues like this but the days of burying my head are gone. Should i look at an IVA?
Thanks in advance.
All above figures are GBP but my PC is set to US and i don't know how to change it back!
I'm 32 and starting a new chapter in my life. I've NEVER had credit. Abused it as soon as I turned 18 and never got back on the right foot. I was in a high paying sales role which included a company card. I managed to pick up a drug habit and subsequently abused this privilege. I'm 18 months clean now but that's another story. I'm now in a more blue collar role, whilst the money is substantially less (£13 p/h) I'm much happier in life.
I've managed to create quite a trail of destruction with my finances and i want to one day get a mortgage and not worry about bailiffs. I've started looking at IVA's. My current monthly budgets looks like this:
Income: £1,800 p/m
Rent & Household Bills (with my partner) - £550 p/m
Food - £200 p/m
Child Maintenance - £260 p/m
Phone - £25 p/m
Petrol - £100 p/m
My clear score credit rating is... 0 I have the following outstanding:
Borrowing and Utility Accounts - (British Gas, Lantern Debt Recovery etc) - 7 Accounts totaling £3,438
Overdraft - 1 overdraft (unarranged) £300
CCJs - (This is where a couple of silly ones and the aforementioned company card come into play) - 3 CCJ's totaling £8,675
Ultimately, i need some advice on how to sort this mess out once and for all and i was hoping i could get some help. I've not updated my address since i moved in April 22. I feel like a 2nd rate citizen and i just want to lead a normal life without the worry. The drugs used to help me ignore issues like this but the days of burying my head are gone. Should i look at an IVA?
Thanks in advance.
All above figures are GBP but my PC is set to US and i don't know how to change it back!