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Hoping for advice. Feel trapped. Not sure what to do next.

cas444 · 2011-05-31 20:33:08

I am married with two children. We are up to eyes in debt (roughly 26k), have a house that is worth roughly £170,000 with a £160,000 mortgage which we pay interest only on. We are in a debt management plan with Payplan which we should be aiming to pay £200 a month into however we are paying roughly £100 and can barely…

Comments

RAS Posts: 36,136 Forumite

1 June 2011 at 4:25PM

cass

You are almost breaking even anyway and there are saving that can be made in your budget; you would not be allowed anything like this much on an IVA.

Satellite, mobiles, ents and hosuekeeping can all be cut right back and clothing pruned a bit.

How long before the CSA arrears are paid off?

If you've have not made a mistake, you've made nothing

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