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I finally did it - Debt Management Plan

14 replies

DebtFreeBy2021 · 01/06/2018 16:53

Thought this would be an excellent place to anonymously write this all down.

I got into minor debt at age 18 and it spiralled from there. I had huge mental health issues and tried to just ignore it. I then fell pregnant with my first son at age 20 and started slowly paying back bits and pieces.

By the time I was 21 my credit rating had gotten better, but my son was on the Autism Pathway and life was extremely difficult. My mental health got significantly worse and myself and my husband took out a lot of credit that we just could not afford. I was on sick pay for severe depression after a miscarriage and my husband was working a minimum wage job so he could help care for our son. The credit was covering things like clothes and phone bills. Luckily I had had a well paid job so had a bit of savings to cover rent etc.

My mental health then got so much worse. I started not paying electric bills, council tax and water. On the outside, we were dealing with our son's disability brilliantly by attending appointments and being extremely dedicated parents, but really we were accumulating masses of debt and had no idea how to deal with it.

At age 22 (and a half) our second son was born and I swore we'd start to get things back on track. I approached the gas and electric companies and got put onto a meter, we pay our debt off weekly. We also sorted out our water debt by having them take payments from our income support allowance.

As our second son approached 16 months old it became apparent that he too was also disabled. By this point neither myself nor my husband could work because of how high both DC's needs were. We are solely reliant on benefits and are just about getting by.

My eldest son has no school place for September because of how severe his ASD is and all the special needs schools are currently full. Our household costs are absolutely ridiculous, we're constantly having to replace broken furniture, electrics and carry out maintenance because of how severe our eldest behaviour is. (Today he's broken the last valuable item in the house and I have no idea how we'll replace it)

On top of all this, our Landlord died 8 months ago and nobody will claim responsibility for the property. We have had no central heating for almost two years and no hot water for about 2 months. Our electricity bill is ridiculously huge during winter months. We're hoping to move, but we have a rubbish credit score, no money for a deposit and nobody who can be our guarantor.

But today we did it. We sat down and went through our credit files. We wrote down all our debts and phoned StepChange. We now have a strict budget and are finally starting to pay off what we owe. To others it might not be a huge amount, it's about 4k, but to us it seemed impossible we'd ever get out the whole we'd fallen into.

Up until this month, I'd never realised just how bad my mental health had been in the past. I would never be able to even open a debt collectors letter, nevermind calmly discuss it over the phone with a stranger. I'm so so proud of myself and feel positive that we can stick to this and make a better life for our two boys.

OP posts:
Irksomeness · 01/06/2018 19:12

Sounds like you’ve made great progress. You must be feeling relieved to finally have a plan and a way forward. Stepchange is a great organization.

Are either you or your husband working now? I understand why you would both need to be home for your children considering their needs but I wonder if there is any possibility of one or even both of you working at least part time. Even if it’s not that helpful financially It might be better as a long time plan as the longer you and your husband don’t work the harder it will be to get work in future. Iyswim. It also might be helpful for your own mental health. Getting some time away from home is often good for people even if the time spent away is at work.

Another alternative would be for you and your husband to study something. I know these suggestions might be totally impractical and might not be relevant though so please ignore them if so!

JsOtherHalf · 01/06/2018 19:30

If you are on benefits with at least one disabled child there are various charities which give grants for things.

What sort of things do you need?
(Pm me if you prefer and I might be able to signpost you.)

SpinMill · 01/06/2018 19:38

Well done, you've taken a massive step and must feel so relieved.
Hope you can get your housing issues resolved too, who are you paying rent to since the LL died? Have you looked into social housing?

RailReplacementBusService · 01/06/2018 19:40

Well done on taking that big step. The strict budget may be tough but you know you’re working for a debt free future for you and your family.

DebtFreeBy2021 · 01/06/2018 20:05

We pay rent to his solicitors, but they're not very forthcoming with property management. We're applying for social housing this week.

Working part time is just not possible. I started uni in Sep 2017 and had to leave after 2 months. We're currently going to meetings about twice a week and hospital appointments once a week. We have absolutely no help from family so one of us has to stay and look after the other ds. We're hoping that once our eldest is eventually settled in school that one of us will be able to go part time, but that's sadly a long way off 🙁

OP posts:
DebtFreeBy2021 · 01/06/2018 22:42

And thank you for all your kind words, it's so good to write everything down! Tonight is the first night in a long time that I'm going to bed feeling relaxed and not thinking, 'Im only happy if I don't think about that issue' etc.
I still can't quite believe we've dealt with our debts today. I feel so relieved!

OP posts:
froggybiby · 02/06/2018 08:47

Well done contacting step change. Have you tried to get in touch with your local MP regarding school space? They sometimes are able to assist. Xx

JsOtherHalf · 02/06/2018 11:54

What items do you need? As I said earlier there are various charities that can help when you have a disabled child.

DebtFreeBy2021 · 02/06/2018 12:51

@JsOtherHalf thank you, we're currently waiting on a specially made double pram as both boys are too heavy for anything from the high street.
We're in need of things like more baby gates, door locks and general safety equipment. We're hoping OT will get in touch soon, but we've already been waiting 3 months. The baby gates we need are nearly £40 each and we need at least six of them.

We've applied to family fund for a new iPad, but we're worried he'll just break it again. My husband had a very small amount of income by doing freelance animations, but our son smashed the iMac and it's just too expensive to replace (we'd had it 5 years, the insurance on it only covered 3 years)

OP posts:
JsOtherHalf · 02/06/2018 13:03

Ok, are you in England?

Zioanna · 02/06/2018 13:22

Well done! Have you tried turn2us.org.uk? They help find grants for people with financial hardship.

DebtFreeBy2021 · 02/06/2018 13:25

@JsOtherHalf yes, we're in England. Feeling even more positive as we've finally just revieced his EHCP plan that we've been waiting for for a year! We can finally start applying to SEN schools!

OP posts:
Lavalamped · 02/06/2018 13:28

Well done on dealing with your debts, StepChange are great and best of all free. It must be a huge relief to you to have a plan in place and taking control

JsOtherHalf · 02/06/2018 14:16

Yay for ehcp.

Charities worth looking at:

newlifecharity.co.uk/
newlifecharity.co.uk/docs/care-services/Newlife-Equipment-Grants.shtml

Caudwell children does a fabulous sensory pack with bubble tube, etc. You have to contribute £200, but they pay the other £800.
www.caudwellchildren.com/apply-support/
( Some other charities may help with the £200).

Cerebra has a lending library of toys which they courier to you. They have a distance sleep nurses, and a parent's stress helpline.
www.cerebra.org.uk/help-and-information/

I'll have a think and come back when I have more.

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