cannot afford payments

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khd

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Post by khd » Thu Jan 25, 2007 12:14 pm
we have a loan and credit card debt from NatWest but cannot afford payments and pay all other bills as well. My husband is retired and I work 22hrs a week
 
 

MelanieGiles

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Post by MelanieGiles » Thu Jan 25, 2007 12:50 pm
Hi khd

Do you have other debts as well as NatWest? Iv so could you list them out for us.

If it is only NatWest you owe, I suggest you approach them and advise them of your circumstances. They are a reasonable creditor, who I am sure will restructure your payments into affordable instalments.

Are you a homeowner with equity which could be released and paid to creditors?

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.
View my IVA blog at: http://melaniegiles.blogs.iva.co.uk
Regards, Melanie Giles, Insolvency Practitioner
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