Hi Andrew,
So far all the payments are up to date.
Creditors would not expect something like this as they have been paid on time all the time.

Thank you Melanie. we will move into rented acomodation and I would prefer to voluntary surender the rented property. we can't live there as we have a child and it is only a small one bedroom apartment, plus it is really far from where we are now and we would rather stay in the area here as we have ...

I made some calls and got some advise today> One option we have is to sell our home and put all our debts together in an IVA and hopefully settle it all at once. The issue is that I have a house in my name, which is rented at present and it has a secured loan on it and another loan with the Northern...

WAW, FORUMS ARE FAST!!! I didnt expect so many replies so soon, thank you all :) My husband owes about 30K on credit cards and 30K in loans. I have 30K on credit cards and 30K unsecured loan on top of a mortgage for a property in my name, which is rented. The house we are selling (our home) is only ...

Hi, I need some help with deciding the best route for us, please. Between my husband and I we have about £90,000 in loans and credit cards. We decided to sell our house to pay off as much as we can and the sale is going through as we speak. After the sale we will be left with about £75,000. Today wa...