I am so glad i found this site. I don't think anyone will be able to help me but i am that deranged with it all at the moment, any port in a storm so to speak.
I have done the most stupid thing ever known to man, i feel highly embarrassed, guilty, stupid, you name it i feel it. I can't sleep, eat and can't stop crying.
I was friends with this woman for 35 years, i had lent her money on many many occasions and she had always paid me back in full and on time as she has a good job so i never had any doubt about loaning her money.
3 years ago she was struggling, her husband had just left her and she was ill with it all, we had been good friends for so long i wanted to help her. I had an empty credit card, a nil balance so i said to her, use two thousand to get yourself straight and pay the bill when it comes..she was paying it back no problem and then she used more than she should have done on the card. The interest on the card was crippling her so i, me, stupid, transferred the balance on a 12 month interest free card so she could pay it quicker with no interest. I took the card from her, which i still have in my possession. She was paying the other card no problem then last week i received a letter from Wescott saying i owed them 6 grand, i phoned them and they said a card had been requested in my name to her address, she had signed it and used it. i went to the police and they said it was a civil matter. I went back to the police again and they have given me a fraud number with the police to phone, i cant face phoning them, i am so frightened. It spiraled out of control and i buried my head in the sand. Meanwhile, to cut a very long story short she has run up 15 thousand on the other account, I got frightened when i found out about the other card and had words with her, we fell out but we both agreed to have the bills sent to her address so she could pay them without me keep having to go to her house and face her with them. Then...she had a breakdown re these bills and her husband and was sent to hospital for a spell. She spent a long time off work and could no longer pay these bills. The first i heard re the first card when i received the letter from Wescott, i phoned her and she informed me...No longer my problem, see you in court.. ...to cut a long story short the bill is now 20 grand, i know i have been stupid and i know it will all come back to me, i keep thinking bankruptcy and them taking everything i own, i have a young son and am out of my mind. I know this is all my own fault but i just don't know what to do, i keep thinking about death and such..i just dont know what to do.
I kept phoning her and going to her house but she wouldn't face me, i eventually got hold of her a few days ago and she said to me....phone the card company's up, offer them so much a month and i will pay it to you...i said i wouldn't do that because she didn't pay them before and i am not accepting the debt back because it isn't mine even though i am sure the credit card company's will say different. She again said, see you in court, i am willing to work it out with her, consolidate the debt to one debt and her pay a lower monthly bill but she wont do that. She is back in work and refuses to pay anything.
I am sorry this is so long, i have made an appointment with the CAB but i just don't know where to turn now.
Thank you for reading