Thanks all for your comments and advice.

I feel reassured by your advice and realise that as long as I stick to it I can reduce this horrible debt!

It's mad how quickly it all adds up but how long and hard it is to pay back. Still I think I have learnt my lesson.

Thanks again

Hi go_4_broke Thank you for your reply and your comments. I will have a look at the CCCS site. I am new to all this stuff, well as much as trying to sort it out is concerned!! My next step is talking to my parents and coming clean about the state I am in....I think that is almost the scariest part! ...

Hi Melanie Thanks for your reply. Yes I am meeting my contractual monthly repayments. To be perfectly honest I didn't actually address my situation until very recently. In that time I have been making an effort to pay off as much as I can afford on top of the minimum requirements on my credit cards....

Thanks so much for your reply Kerri. It is so hard to know what is and what isn't right and having buried my head in the sand for 4 years I am really scared but determined to fix my debt problem. It's just hard to know where to start! I am lucky enough to be living at home which is probably the only...

I am £20k in debt (5 creditors) which amounts to £600 monthly repayments. I take home £1658 a month and living at home I can comfortably afford the repayments and live so does that mean I wouldn't qualify for an IVA?