Hi, First off ignore my Logon Name. Thankfully things have improved beyond anything I could have hoped for. Ignoring your letters is standard policy. As is getting the parrots on the phone with the standard "How much today". If this helps I had large debts which are now either settled or I have agre...

Hi, Regarding MBNA, With the help of my family I recently settled a 13k debt for 27% full and final settlement. The last payment MBNA recieved was around April 06. I had the "Boys will come round" etc. When they realised that the money to settle wasn't coming from me they agreed inside 24hr's. The h...

I contacted MBNA, After a most "interesting" time, They have a agreed a 50% discount for a final payment.
Has anyone tried this with the Halifax ?, If so could you let me know what happened.
Thanks

Hi, As a former landlord, If you worried about your tenacy write a letter to the landord (even if you have go via the agent). You have good payment record which as a former landlord was my primary concern. Also from memory, If they want you to quit the property they have to serve the "Notice to quit...

Tony, Let me know what info you require to move this forward. Just so you know, Part of my income is a car allowance around 5k a year. The down side to is that the car must not be older than 5 years (and guess what...). So if a re-mortgage is possible it needs to include this. On the up side, the ca...

The mortgage is a buy to let because in happier times, Perhaps misguided times if you like I had more than one house. i guess i got greedy.

Also, Just to make things worse
The mortgage side is confused as well because the house is currently on a "buy to let" mortgage (It's my only propery) with early redemption fees of around 4k. Can a second mortgage be arranged ?.
Thanks

Thanks for the replies, They will accept a lower amount but will not freeze interest, MBNA alone are are twisting the knife to the tune of £250.00 PCM. The house is worth around 120k, with a mortgage of 78K, Two questions, With my credit rating is anyone going to lend me that amount of money ? and h...

I owe around 35K to two creditors (Both unsecured). I can see little way out without making myself homeless. 1. Is an IVA suitable and if so how does it affect the equity in the house (around 40K). 2. Yes I could sell the house but my income does not allow enough income to rent else where. 3.My avil...