Paying off brothers debt

Tomskibabes

They have told us to speak to the credit companies and ask for them to delay the payments or offer to pay £1 while he can get some benefits sorted out and then we can set something up then

Ergates

bigisi wrote: »

After all the advice and comments you've had on the thread so far, that's all you've got to say? Not even an explanation of what happened when he spoke to them?

Charming.

If you actually want help, I suggest you engage more with the guys trying to help you, it's a bit of a kick in the teeth to just post one sentence replies which don't actually explain anything.

Given that you're not one of the people who offered advice, I don't know why you feel it is your place to complain about that.

foxy-stoat

You need to get him into an IVA - speak to Step Change or similar.

After about 12 months get him to see if they will accept a Full and Final offer with your money - that may give him a year of living within his means and teach him how to budget and get him some much needed treatment or lifestyle changes - or it will be a waste of time and money on your part.

fatbelly

foxy-stoat wrote: »

You need to get him into an IVA - speak to Step Change or similar.

After about 12 months get him to see if they will accept a Full and Final offer with your money - that may give him a year of living within his means and teach him how to budget and get him some much needed treatment or lifestyle changes - or it will be a waste of time and money on your part.

There's really not enough detail in the earlier posts to know if an IVA would have advantages over bankruptcy, if insolvency is needed. He may not have enough surplus income and there may be no assets to protect.

For now, the stepchange suggestion of token offers is Ok, get the benefits sorted and have a look at the situation then.