However due to bad money keeping we find ourselves back where we were before but worse. £65,000 in debt, two loans totalling £26,000 and the rest over 9 credit cards,
I am kicking myself we are here again. However I have a part time job now and my husband is dong well at work, we bring in roughly £3,000 a month, however the mortgage and household bills and food is roughly £1,400 a month whereas the debts minimum payments are £1400 a month.
We are in overdraft by 1,000 every month so charges on that also.
Our mortgage is £159,000 Intrest only, and it worth roughly £220,000.
We can't get a remortgage or secured loan because on the £35,000 charge and affordability is just pants.
We are making all payments on time and haven't missed any payments, but how are we here again! Thing is it's not like we have a nice car, the house is falling apart, the car is pants, it's the £20 here, the £20 there that's ends up being £300 a month you know.
For 12 years my husband worked for his dad and not once had a pay rose in that time and I was raising our family.
I and now working albeit part time, and my usnad works full time.
Feel like I'm robbing Peter to pay Paul you know?
How am I here again! Hate myself right now. Losing sleep. Worried about having to start another Iva but won't have a bail out this time, so my questions are.
Will we lose the house?
I just can't have people chasing me again, I nearly ended it all last time through fear. Can I pay the full amounts whilst trying to sort an Iva? Can we even get one? We earn a lot, but the payments are killing us. What can we do?
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