Posted: Fri Feb 08, 2008 12:43 am
Im in debt with four creditors if that is the correct term,(visa companies),I owe 42000 pound. we have a income of 1800 amonth which includes my wages and tax credits with my partner of five years. whom we have 6 children between us,we have 250-300 a month to pay this debt with all in all a month after we have taken out all our outgoings.
our house has about 50000-55000 equity in it but we cant remortgage and we dont want to up root the children again for all what they have been through.
so do we have a risk over our heads of losing our home.
and what do you suggest is our root in paying off our debt.
thanks
our house has about 50000-55000 equity in it but we cant remortgage and we dont want to up root the children again for all what they have been through.
so do we have a risk over our heads of losing our home.
and what do you suggest is our root in paying off our debt.
thanks