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Any Advice Greatly Appreciated

MACH_4 · 2009-11-14 12:14:08

I will try and make this as short as i can. My current situation is this: - I am married with 2 kids under 5, we have a £160k mortgage, interest only, due for renewal May 2010. - Currently in year 2 of our joint IVA agreement repaying £340 pcm to them. - In this IVA is both of our personal unsecured debts obviously. - I…

Comments

Prudent Posts: 11,707 Forumite

14 November 2009 at 8:35PM

I am jsut wondering about the timings. If you wife's income goes down after April you may be entitled to better tax credits next year which may help with any loss of wages. Put up an SOA because you will get great advice.

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