Advice Needed!

Splodge77

Hi hope its the right forum my partner is a trainee driving instructer and has his trainee license runs out in 2 wks and has just failed his second atempt I'm scaired of wot will happen we have been in our bought house for 3 yrs have a fixed morgage with northern rock for 5 yrs. I am a full time mum 2 2 girls one is nrly 2 the other 3 we are nearly 2 moths behind on the car payment, mortgage and council tax. It looks like if he cant get an extension on his license he will have 2 sign on cos his old job have cut ovr time off which we needed! So im scaired has life looks like its crumbing around us! Any help and advice would be much helpful has i know u all must of gone through the same!

fiveyearplan

Hi Splodge. The most important things to keep up to date on are the mortgage and council tax as these are considered priority payments. When you know what your new circumstances are (ie with OH's job) you will be in a position to negotiate the arrears on all 3. Do you have any other debts? If so, stop paying them all until you can sort out the council tax, mortgage and car.

debtinfo

Hi, you need to speak to someone for free profesional advice to see what your best options are, recommended are the CAB, National Debtline and CCCS, their contact details are in the stickys at the top

Splodge77

Thanks for the advice we both have afew store cards like butron mothercare I have one credit card and my partner has 3 and I have a few catalogues plus he has had a loan once to help consiladate some of his old stuff he owed. We tried to get a loan to make it cheaper for us in payments but we was refused! I feel guilty not payin the other things off though! :rolleyes:

Charco_2

FiveYearPlan is right, pay the mortgage and the council tax as a priority, you'll not feel guily about not paying your other debts when your mortgage company wants you out of it's house!

Feed the family, heat the house, then think about what you can reasonably afford to offer to your creditors for the meantime.

MicheH

Aw, it's a rotten place to be in honey I know. Just make sure you pay mortgage, council tax heat and electric and be able to feed your family. Talk to a charity about your options, I used national debtline and they were very friendly, I was so embarrassed and was talking quietly but I was a great relief to know my options.. or option, which I why I am here on this board. Even if bankruptcy is your only option, all is not lost ok