thinking of options

[majesticsnow]

Hi all

I am new in here and today have kind of reached what some may call a light bulb moment background information - i am 25 years old, I live in a rented house with my partner and we ( exact figures will be mentioned at later date don't have info in this) approximately £15100 and this due to illness and redundancy, but within the next year or few years we want to start a family and fresh start, we have a debt management in place but are not sure of the company in way of reputation and what they do, I am thinking of Vincent Bond but don't have the correct email as the info@vincentbond.com does not work

Thank you for your help

[Michael Peoples]

Depending on the split of debts and your surplus income[s] debt relief orders may be appropriate for one or either of you. Debt management or IVAs are also possible so hopefully you can get through and get the advice you need.

Someone from VB should pick this up soon and be in touch.

[majesticsnow]

Hi

Thanks the split is one joint account at £2500 and then my debt is i think about £6000 maybe a bit less

[Michael Peoples]

If one or both of you have a surplus income of less than £50 you should qualify for a DRO.

How much are you paying in debt management each month.

[majesticsnow]

We prob have more than £50 spare a month! And due to motorcycle and car value not possible, we are paying £268 a month

[Michael Peoples]

Always worth asking. Sounds like a DMP or IVA could be the way forward so once you speak to someone you will have a better idea of the options and can decide then for yourselves as to what is best. I hope it all works out.

[Foggy]

To get in touch with VB you can use the chat icon (little guy with a headphone) on the bottom of the Calculator (top right).