Thanks Melanie, I'll let you know how I get on. Is calling them or writing to them the best way to chase them?

Thanks Melanie, it's HBOS and i sent it to the Bank of Scotland plc, Halifax Division, PO Box 548, Leeds, LS1 1WU address.

Thanks

Hi guys Its been over a month since I sent the letter off and I haven't heard anything at all from my bank. Beginning to think that they're not going to take any notice until I start defaulting on the payments. Should I wait a bit longer or should I just stop borrowing the money from my family each ...

The way economics works is quite complex and built on debt. Because nearly all money in existence is debt and that debt has to be repaid with interest the only way business and state economies can pay these debts with interest and keep going is by making sure that even more new money is created by m...

Hi, regards your commercial lease, have you considered asking your landlord for a break in paying rent? he could well agree as it will be difficult for him to find another leasee in the current climate and it's better for him to have the property occupied in terms of security etc. I only ask as some...

Thanks David. Yes I agree and I would always be inclined to employ a specialist and others have said the same, but i did seek prof advice and the advice i received was that as i only have 1 creditor, it was better in the 1st instance to send in a proposal myself so that the creditor could see i was ...

Thanks Jan, yep I explained everything to them... I explained my illness and provided evidence of hospital admissions, explaied that I was signed off work indefinitely and provided a doctors note, explained what they would get from bankruptcy, explained that I am not eligible for an IVA, explained t...

Quick update: After speaking to Andy, he said can't do an IVA as I have no income, I could go bankrupt but that I should try and avoid that if at all possible. So he advised that the best thing to do as I only have 1 creditor is to put a full and final offer in writing to them, directly from me. Sen...

The banks and government want us to be in debt. Our economy is a debt based economy. What I mean by that is this: Our GDP (all the money in circulation) is £1.6 Trillion. Out of that money, less than 1% is minted by the government. The other 99%+ is literally invented out of thin air every time some...

OK I'll get on the case tomorrow. Thanks for the advice everyone.

Cheers

Thanks Mel and Mike.

Should I contact the companies directly for advice, is phone or email best? Or should I PM the experts here?

Thanks again

Hi I have debts of around £15,500 (not including insterest). I am not in an IVA or anything else yet. I don't have a house and my debts are unsecured. I am a teacher and since falling ill this summer I have been unable to work or find a new contract in September. I have luckily been able to live wit...