Remortagaging following decline PLEASE Help

speckled

someone I know has tried to remortgage their house but has been declined despite having significant equity in the property, as they have a loan that (I think) is already secured aginst the propoerty, and not paid off. They are in significant financial difficulties and need to release the cash from their house to pay off debt. Can someone please advise on:
1) how to remortage
2) how to reduce the debt - given that it is a mixture of loans and credit cards.

Please, Please Please help, the person I know doesn't know what else to do and I am very worried about them.

CLAPTON

you need to ask your friend to post a Statement of Affairs (sOA) on here. an SoA is a financial statement of income and spending and debt details and information about the house (value, mortgage) family situation ec.

see for further details

http://forums.moneysavingexpert.com/showthread.html?t=107280