I need to give this a lot of further thought. I used CCCS online facility for working out how much I would have to pay and it's about £370 which wasn't that much different from the IVA. I can afford that ok. I am intending on changing jobs once a college lecturing post comes up, and with prior teach...

Another dilemma. To stick to a budget and pay the debt off more quickly or to have more flexibility but pay off the debt more slowly. If it was a fixed fee and not a percentage of the total amount paid into a debt management program then that might be more acceptable. All I know is I need a resoluti...

This is turning into a bit of an unofficial blog... I received my pack for the Debt Management Plan. Looked through it and felt like throwing it into the bin... not because of denying the facts... But it will require the following an upfront fee of about £300 plus each payment will have a 17% manage...

It has been too much for me. My partner isn't working so I was trying to help him out. I lost my job just after Xmas, but thankfully managed to find another one with 3 weeks. I agree Bankruptcy would not be a good solution and to be honest I don't need the mental scares that might (or in reality may...

Thanks Melanie. I really appreciate your help. You truly are a saint! It's just a bit of desperation that's adding fuel to my fire. A sense of urgency.

I feel that if I can get my payments reduced and most charges set aside, I could possibly put more money aside. Grab hold of the steering wheel of my life so to speak and not feel like I am spiraling out of control. My partner is equally willing to help. If the townhouse manages to sell, then it can...

I will have to do a bit more reading about them to see what they are all about. As long as I get some kind of a breathing space. I believe that I can still go into an IVA afterwards, depending on what happens. It would be good to have a little stability in my life. That's been lacking so far. My par...

I have been asked to enter into a debt management program. I am not sure if this is the right option for me or not. The advisor took me through my options and has told me it is relatively easy to set up and I can get back on my feet much quicker. I could sell off the townhouse (hopefully) and so use...

They reckon that a debt management program would be more advisable at this stage and an IVA is not for me. At least it might give me a breathing space for a while until i see what happens regarding the townhouse.

Oh sorry. I am just kinda on a knife edge with my emotions at the minute.

Please forgive me, but that sounds very ominous?

The mortgage is for 142,400 euro and it has been valued at 192,000 euros.

Sorry I meant Wilson Philips as my IP.

I am working with Wilson Philips as my IVA. I just lacked the courage until now to talk to my partner and explain the situation. I gave him half, because he is my other half. I am lucky though I have the property to add to the pot. I just wish now I had that money in the bank and that would be an en...

Do you think it is possible to apply for an IVA and also put the townhouse into the pot too?