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Debt Relief and Write Off

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  • Sncjw
    Sncjw Posts: 3,562 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Can your partner work? 

    Why is your food bill so high? Could you meal plan so you buy only what you need.  I get it that price of food has risen but 1000 pound is insane for a family of 4. 

    If your partner could work and reduce the food bill then you can attack the debts more. 
    Mortgage free wannabe 

    Actual mortgage stating amount £75,150

    Overpayment paused to pay off cc 

    Starting balance £66,565.45

    Current balance £58,108

    Cc around 8k. 

  • RAS
    RAS Posts: 35,648 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    You'll be paying 40% income tax on any extra you earn. Your partner would bring home every penny. It may mean you committing to childcare some evening and weekends, but their job could get you out of hole.
    If you've have not made a mistake, you've made nothing
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