what to tell creditors?

homealone_2

firstly i can only find a template for national debtline. can someone point me the way for the others and secondly a full and final was what i originally wanted to do but the national debtline said that as i had a disposable income of about £350 none of my creditors would settle for an f & f as the amount the could receive monthly via a pro rata would not be alot less than my normal payments. example being i used to pay halifax £191 per month doing a pro rata on disposable income i would be offering them £134 per month and so they would prefer to keep me paying that for as long as i could. also another big point being that the majority of my debt is with inland revenue of approx £12500 and they will never accept a f & f

tomterm8

If you have savings, you should use them to repay the inland revenue first, because they are a serious creditor. One of the few that will get you declared bankrupt even if it doesn't make financial sence.

As far as I know, with citizens advice, payplan & CCCS you need to phone them up. I don't think their templates are available via the web.

Is it possible to increase your income or cut expenses? If you can somehow make the extra money, and stay within the terms of your credit agreements this would probably be the best result for yourself.

homealone_2

i too wanted to pay the inland revenue first but because i am now on benefits alone since my husband left and i am disabled and so qualify for child tax credits and as such they feel that by taking any money frome that it would be worsening my financial situation and so have passed me on to their hardship team which will review my budget every couple of months until my son is 19 and left college (13 months) then a long term decision of some sort will be made if all my circumstances remain the same. however all the debt agencies that i have received advice from have said i should offer them the highest portion of pro rata payments whatever they may say, as at some time they will want this repaid and this would be better started now rather than later