Listen - free pod cast - LBC debt radio phone show 15/4/18

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Listen - free pod cast - LBC debt radio phone show 15/4/18

PostPosted: April 19th, 2018, 4:06 pm
by Debtwizard
Mike Thomas was once more in the LBC studio with Clive Bull taking calls from listeners all over the country and after the debt phone in said; "It was such a rewarding and challenging show, we had some real desperate callers that just had no idea on what their debt options were, hopefully they now know how and where to go for debt help and start to get their life back."

The stand out callers

Call 3 John in Wimbledon is paying £95 per month on £100,000 of debts (Mike worked out this will take 88 years to clear).

Call 5 Paul in Amersham who has £85,000 of debt which some will soon be statute barred but it he still had around £20,000 left and wanted to know if he could do a Debt Relief Order (DRO).

Call 7, Lee in Brighton said he has about £100,000 of debt, mainly credit cards, with his wife, yet earns £50,000 a year and the debt is just increasing. Mike worked out he was paying a staggering £2,500 a month just on his debt.

The very sad text from Peter

This was a rather sad and very moving text, here is a copy of the actual words used. "I have a number of debts they were manageable but became debt burdened following a car accident and a period when I was unable to work causing me to lose a successful business. StepChange helped me to negotiate a repayment plan with each creditor which I have stuck to since. However, I have recently been diagnosed with an incurable illness, and I will die leaving several thousands of pounds unpaid, how will these impact on my wife and children when I do, I don't want to die and leave them with debt that don't belong to them. I jointly own a property with my wife and we have no mortgage. Thank you very much for any advice."

Topics & Timeline

We have added a list of the topics and timeline of the audio to make it easier to access certain parts of the show. Just click below to start listening.

Free podcast now available LBC - 8-9pm, Sunday, 15th April 2018

Are you in debt but don't know where to start?

If this is you then we offer information on what to do when you have a debt issue, who to contact for help, how to take control of your situation, what to say to your lenders / debt collectors and that importantly how not to pay thousands of pounds in fees.

You can see the full five point guide here In debt? Don't know where to start?