What is the best option to relieve the pressure

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veronica k

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Post by veronica k » Sun Aug 24, 2008 10:43 pm
my daughter is a homeowner and earns 24000 pa with debts including student loans and overdrafts and credit cards of £22000.00. There is not equity in her house. What is her best option to relieve the pressure
 
 

Viki.W

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Post by Viki.W » Sun Aug 24, 2008 11:04 pm
Hey veronica, welcome to the forum. There are a number of options for her, an IVA being only one of them. An insolvency practitioner can discuss this with her but if you'd like to post how much disposable income she thinks she would have to make repayments then we can help further. X
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Kazzy E

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Post by Kazzy E » Sun Aug 24, 2008 11:04 pm
Hi Veronica, and welcome to the forum. You are best to contact an IP for some further advice as there will definitely be some options available for your daughter, but they will be able to advise you the best route for her, given her current circumstances. I can recommend Melanie Giles who is a very professional lady who posts on this forum. If you give her a call, she will definitely be able to point you in the right direction. It's lovely that you are willing to help your daughter. Good luck hun, Kazzy x
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Kazzy E

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Post by Kazzy E » Sun Aug 24, 2008 11:05 pm
Viki, great minds think alike :) K x
There is light at the end of that dark tunnel. Promise.

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Viki.W

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Post by Viki.W » Sun Aug 24, 2008 11:07 pm
I was just about to post that![:D] X
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Kazzy E

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Post by Kazzy E » Sun Aug 24, 2008 11:09 pm
[:D][:D]
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Adam Davies

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Post by Adam Davies » Mon Aug 25, 2008 7:54 am
Hi
Do you know how much the student loan is for ?
Regards
Andam Davies
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