can i get any help i owe 1400 have no job but rent my house out sohave alittle bit of money coming in and hope to start work soon the money i owe is with my bank TSB one loan and one credit card any help thank you
With such little debt then an IVA wouldnt be suitable. Maybe speaking to TSB to agree small payments while you are out of work with a view to increase when you find work?
You won't be able to do an IVA as you only have the one creditor. You should be able to do a Debt Management Plan which means you will just pay Lloyds TSB what you can afford each month.
Check out www.iva.com they have a list of companies on there and one of them can help you sort out a DMP. Try someone like Payplan or CCCS who won't charge you for doing this.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
Lloydstsb would be your best bet for help,as the debt is solely with them. You could talk to your local Citizens advice bureau 1st to get independant help.
Discharged today the 8th feb 2012. View is much brighter now.
Continuing to rebuild our credit worthiness.
With such a small debt, you would be best just speaking to the bank manager and asking to pay back small ammounts over a longer period of time as others have said.
