Hi Hazel.K, I konw for HSBC they look at 40p in the pound but others do accept 25p in the pound, if thats what you can afford then there's no harm in offering it, they can only say no, looks like you've been tring to resolve all your debt issues rather than ignoring them, or hiding from them 'Well D...

Hi, Not expert, just in debt.., But I'm sure you can open business account and be a director as long as you are not currently bankcrupt. even after bankcrupty you can still be a director, however there is a time frame for this in which you can not be one! hope thats helps

hi, not an expert - just in debt.., but i think your endowment policy can be cashed in if you need to do this, it depends on how long you had it and how much you paid already! or did you want to keep it going?

hi gaz, did you choose to sell? advised to or forced to? just need some advise off folk who are in the same boat. if you don't mind that is.

hi all, just don't get that, is it a good idea to tell all your creditors about each other and how much you owe each of them while making a lump sum pro rata offer to each and eveyone of them or is it best just to make them their offer?

what if i could sale the house and give whatever is left to them, will that be enough or will they need more? but again it works out at about 25% ish if that.

if i can get £15000 from family and friends to pay my credtiors something each, how likely is it that they would all accept approx. 21% of the outstanding, i'm not working and my circumstances are very unlikely to change, i'm a now carer for a disabled family member and have a total of 6 creditors 2...