It's more complicated than it looks. I have a loan for £18k which my wife has always paid each month as it was a previous attemt to clear her debts. She has just started a second job to ensure she can continue paying most of it and I will buy all the food. Doing a self administered DMP she hopes to ...

I have decided to cancel Christmas!Bah humbug[xx(]. Wife has always been rubbish with money but a couple of weeks ago she told me she ows £35k! We have been toughter nearly 4 years and thats a total of around £70k and we live in a small house without a great deal,no flash cars or big teles. No idea ...

Hi, don't have the exact figures but its around £600, it will pay off the debt in 5 years and 7 months.. Im not pleased that both our disposable incomes are taken into account to pay off the debt but have no choice. Oh and my although my wife has been advised by the CCCS she has chosen to administer...

Hi my wife owes around £32k and the CCCS have advised her to go for a DMP as we have too much disposable income for a IVA. Almost two weeks ago she wrote to her creditors informing them that she was in disscusition with the CCCS and could they freeze charges and interest and she will contact them sh...

Hi I am a month behind on payments to all but a couple of my creditors. I have my first appointment with IP tomorrow morning and understand that it could take 6-8 weeks from then until the IVA (or whatever we decide) to be put in place. I don't have enough money each month to meet minimum payments, ...

Thanks Melanie
We have an interest only mortgage, do you think that would make a difference?
Fran

Hi I have my telephone appointment with practitioner in the morning, trying not to get too stressed about it all! My main question is about the house really. The IVA is for debts in my sole name, about £32k, and there isn't enough equity in the house to clear this. The house, mortgage etc are in joi...

Hi thanks for the input. Basically I took out a loan to pay off some of my wifes debts, it's totally in my name, but my wife pays the amount due into my account each month and it's paid from there. We have heard debts to family are treated different than to the banks etc, is this true? I have proof ...

Hi guys my wife is staring the process of taking out an IVA and I have some questions. She is starting a second job next week and is hoping to get away with not declaring it. It at all possible to get away with this. Can her P60 be demanded each year at review?? What are the consequences if caught? ...