- Wed Feb 15, 2006 6:25 pm
Thank you very much for your speedy responses - I really can't tell you how much it is helping me to talk to people who know what this feels like.
The DAS scheme will not be appropriate for me I am quite sure - I owe to much now and at my age (53) I'd never be able to pay it off before retirement even supposing they would let me.
I do not own my home, but am a council tennant. I do have a car which is essential for my work and is 8 years old now.
Anne, do you mean that someone from CAB sat in with the IP and yourself? That would be so helpful as I am so scared of doing this alone.
There are many reasons why I've got to this stage, not facing up to things years ago is very much one of them, but also got stung years back when I tried to improve my situation and terrifed of doing that again.
I would really like to go bankrupt but know I cound'nt cope with all the calls and letter - I am already quite ill with the stress and the main reason I keep going is my work. I really, really don't want them to know and I have read elsewhere they will phone you at work too.
I understand about it being a last resort but I am there - I am never going to buy a house at my age now and I never want to have credit again anyway so what else is there to lose?
I do worry about emergencies, about my family finding out, and all sorts of things I am sure many of you will understand, but my credit rating is the least of them.
I genuinely believed I could find a way out of this but have just fallen into the trap of borowing more and more, encouraged by all sorts of offers and indeed still getting them daily though now they go straight in the bin.
Sorry for going on a bit, but the relief of talking about things after keeping them bottled up for so long is something else. Thanks againxx