Advice on potentially defaulting credit cardpaymenst

hollinspaddington

Under £6k savings does not effect benefits

sourcrates

hollinspaddington said:

Thanks for this. Brutal is good, and you’re right. I’m a bit worried about DRO as we rent and should we have to move (no indication that this would happen at all), but we rent privately so who knows.  I would worry that we would struggle to get somewhere else. This is 9ne of the things 8 beat myself up about and also why I want t9 get this sorted as I realise the freedom it would give us. 

On the second point, how would we get my husbands debt written off? I didn’t know you could do that.

thank you

As your husband is no longer able to work, due to ill health, it would be reasonable to assume he cannot afford his debt repayments.

You write to his creditors explaining his situation, that he cannot afford to pay his debts as he can no longer work due to illness, and you expect this situation to be permanent, include copies of any evidence you may have, medical reports, sick notes, doctors letters etc.

And on that basis, ask them to make a commercial decision and write off his debts completely.

You would be amazed what you can achieve with a simple letter.

hollinspaddington

@sourcrates would you recommend leaving my debts to default before going for a DMP? Thank you

sourcrates

hollinspaddington said:

@sourcrates would you recommend leaving my debts to default before going for a DMP? Thank you

Short answer is yes, the reasons why have been covered 100`s of times in previous threads.