Advice Please

[stevie1108]

Hi there,
I am new to all this however I feel I need to address an issue that may soon be a big problem. We are currently livivng and working in Oz I had a business at home that was supposed to provide an income whilst we are over here for the next 4 years. We have a secured loan on the UK house and as a result very little equity, and quite a few large debts cards loans etc. We are struggling as we are having to send back 95% of our Oz income to the UK and as things stand this will not be sustainable. We have no income paid in the UK, what would you suggest.[:(]

[MelanieGiles]

Hi stevie 1108 and welcome to the forum

Have we already discussed this before - your details seem very familiar! You really need to work out your overall budget to see where your money is being spent and if economies could be made. How much do you presently owe to unsecured creditors?

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

To have me propose an IVA for you, please visit:
http://www.melaniegiles.com/ivaEnquiry.asp

See customer feedback at:
http://www.iva.com/iva_companies/IVA_Advice_Bureau.asp

[stevie1108]

Hi stevie 1108 and welcome to the forum

Have we already discussed this before - your details seem very familiar! You really need to work out your overall budget to see where your money is being spent and if economies could be made. How much do you presently owe to unsecured creditors?

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

To have me propose an IVA for you, please visit:
http://www.melaniegiles.com/ivaEnquiry.asp

See customer feedback at:
http://www.iva.com/iva_companies/IVA_Advice_Bureau.asp

[mikebdomain]

Hi stevie1108

What happened to your business in the UK is it still running?

FREE ADVICE IS THE BEST ADVICE

LEYBRIDGE LIMITED
Mortgage Broker
Specialising in adverse credit.

see feedback and testimonials at:
http://www.leybridge.com/testimonial.php
Check out my blog at:
http://mikebdomain.blogs.iva.co.uk/
Please read our Initial Disclosure Document(IDD):
http://www.leybridge.com/Leybridge-IDD.pdf

[stevie1108]

The business in the UK is still there it has an overdraft from the bank and corp tax but no other creditors