thanks that does help alot. as far as my debt goes i owe:-

1. £12700 loan to abbey
2. £2800 on my abbey credit card
3. £300 on my aqua credit card
4. £300 on my capital one credit card
5. £1500 on my AMEX credit card
6. £1300 abbey overdraft

i'm a mechanical technician in the RAF.

i am currently in the raf as an engineer and my wife is in customer service (part time). we have totalled our debts to about 18000!!! i still don't know whether an iva will be acceptable for us. some of my concerns are:- 1.what happens in emergencies, ie car breakdowns, medical expenses etc 2.if my ...