Clearing balances on defaults and missed payments

Dinosaur1

Hi thanks for the advice from everyone. I think I will make an offer to settle debts and negotiate a reduced settlement. I would like to settle in full but my credit file isn't great anyway and a settlement is better than not having one even if partial. My mortgage broker is pretty certain( not 100 percent i agree)I could get a mortgage if debts were cleared in full as she had looked at my history and bank statements and size of deposit. But the interest rates would be approximately 5.7 to 6.7 percent. I wouldn't be able to afford that and live comfortably anyway and it wouldn't be a good Investment at those rates to buy. I think my partner will transfer her mortgage and we will use a declaration of trust to protect any money I  invest and to protect her.At least i will be debt free and defaults should drop off eventually. I think any financial link through mortgages and bank accounts wouldn't be good for her credit file. Thanks for advice and at least I know what direction to take now.