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Posted: Wed Feb 21, 2007 2:19 pm
by steverin
Im going to lose my job next week as I have been on a probationary contract and the company is not going to make it permanent.

I have a mortgauge of approx 145K and a secured loan of 25K

I have unsecured debt of approx 25k as well.

I need advuce on what i should do?

I am looking for a new job but I will not be earning much more than £1500 per month.

PLEASE HELP

Posted: Wed Feb 21, 2007 2:21 pm
by MelanieGiles
Hi steverin

How much is your hosue worth, and are you already in an IVA? What is the sum total of your household and living expenses (excluding repayments to unsecured creditors?

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk