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Secured loan with first plus
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darrenchittock
Posts: 3 Newbie
in Loans
Please can someone offer advice.
I have seperated from my wife about 18mnths ago. Due to having two very young children she cant work. I currently pay half the mortgage, give maintenance and took on all the debts. These debt included credit cards (£23000 now on a debt management plan over the next 5 years) and a secured loan with first direct (24000 outstanding, still have 6 years to go). I cant afford to rent anywhere and have to live with parents at the moment. Any suggestions of what i can do with the secured loan. Any help or information would really be welcome. Feeling very lost.
D.
I have seperated from my wife about 18mnths ago. Due to having two very young children she cant work. I currently pay half the mortgage, give maintenance and took on all the debts. These debt included credit cards (£23000 now on a debt management plan over the next 5 years) and a secured loan with first direct (24000 outstanding, still have 6 years to go). I cant afford to rent anywhere and have to live with parents at the moment. Any suggestions of what i can do with the secured loan. Any help or information would really be welcome. Feeling very lost.
D.
0
Comments
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Bankruptsy may be the answer.0
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I'd head over to the Debt Free Wannabe board mate and post in there; I think you'll get a lot more help and support there for what will be a complex situation.
Good luck mate, it's got to be tough at the minute.0
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