dh lost his job today with no notice bneed some priority debt advice ,ta.

[Tortington]

we have a couple of loans from the bank and a car on HP

are these negotiable?

will phone debt advice people tomorrow - they were engaged all today and when i did get through they hung up becuase i have lost my voice and couldnt whisepr loud enough ( you can laugh!)

just so i have an idea.

do u have payment protection?

Oh custy, I'm really sorry. What happened? I hope you get some good advice on here. FGS, what rotten luck for you at the mo :(

payment protection may pay the whole lot, but read the small print, sometimes it covers just a year's payments or some other specified time.

i hope you are ok, that's a bit crap isn't it?
dh has been made redundant 3 times in last 6yrs so know how crap it is...
good luck.

no,

he was funded for his job from different sources, the accountant didn't sort stuff out properly and he was told today that the money thats left will have to pay bills due to come in.

so its not redundancy as such - in the official sense its just easier to say!

the money ran out.

the last bunch took him on after pushing him hard to join them. they went bust 6 weeks after he started. he got paid for 2 week's work.

accountant sounds a bit rubbish tbh.
will he get another job soon?

Any comeback against accountant custy? Was he/she negligent?

thanks all. anyone know about those loans?

custy make app with bank and ask for extension or easier payment method
to fit around your incomings
know they can be arseholes at times (the banks) but we went in last week and got loan for car, they were very helpful and said if there was a prob to come and see them
hope you get some better luck
xxx

Loans usually come with cover Do you have it?read the small print and if you don't have it ring them and tell them you need to reduce your payments for a few months.If he gets the security job will that cover everything?

Also it is sometimes cheaper to put all loans together in one Look at moneysupermarket dot com for the cheapest rates or get a 0% credit card which will give you up to a year interest free to get sorted Hope things pick up for you soon you really are going through it atm.

Hi Custardo
Sorry to hear about your dh.

Sit down and work out what you will be able to afford to pay on your loans etc after you have made payments on rent/mortage electric/gas etc.
Then get in touch with the people you have loans with and see if they would let you have a payment break or if you can extent the loan in order to make lower payments.

If you do have payment protection these usally kick in after so many days of being unemployed. They may want proof i.e something from the job centre sayin that your dh is signing on.
If this doesn't work I can give you advise as what you maybe able to next.

I hope this helps and that dh finds another job soon.

I'm really sorry to hear this Custardo. Same thing happened to us and we did panic for a while, dh struck lucky and found something else really quickly - thank god.

What does your dh do?

thanks will phone them up

thanks will phone them up

thanks will phone them up

When DH lost his job we made an appointment with the CAB debt adviser. They wrote to all our creditors (?is that the right word?) and asked them to freeze the interest. They also "offered' them reduced payments based on what we could manage to pay out of what little was coming in.