I am a reguar but have namechanged for this as I am so ashamed. Wondered if any of you could help or if anyone had any experience to help me. I am absolutely worried sick at the moment and don't know what to do.
I got in debt a while ago, to the sum of £14K on a credit card. At the time I was a high earner and could afford repayments. Then everything changed, my exDH left, my job changed and income reduced.
TO cut a long story short I defaulted on the credit card and they gave it to a debt collection agency. I set up an agreement with them to pay monthly payments.
All was ok until Christmas. I became ill and didn't work for months. Therefore I broke the arrangement and didnt pay the collection agency. I spoke to them and informed them I was struggling and they agreed to a reduced payment. I was meant to make a payment at the end of April (1st one of the reduced amount) but didn't. I got ill again, ended up having an operation and am well now. As I didn't work, I didn't receive any wages and couldn't pay it.
I called them today and explained and said I would start payments at the end of May. They have told me that because i haven't made a payment since Xmas and have now broken the 2nd arrangement they would take action. I asked what they would do and they said as I am a homeowner they would 'probably' send someone out to my home.
I am terrified about this and don't know what to do. Can they do this and will they? I have promised I will pay at the end of May, but they seem adament on doing this as I have broken trust with them.
Please don't judge me, I am already ashamed of my debt and the mess I have got into. I am trying to get myself out of it, but it has been hard. My exDH doesn't pay towards anything and I rely on my salary. I am usually ok to pay it but due to illness this month have been unable to do it until next month.
What can I do and what are they likely to do. I don't want them turning up here, I have dc's here and don't want them to see this happening, plus i am afraid of them coming here.