Hi Stephanie. I am new here too but I am fairly sure that it does not matter if you are in the red or not. I have not defaulted on any payments either but repaying my debt becomes more and more of a struggle. I believe you need to have at least £15000 worth of debt and at least 3 creditors and face ...

hi chris theirs more to life than working 24/7 to make ends meet.taking time off to spend with your family ,then budgeting with the help of a iva working more reasonable hours,could be a solution that could give you and your family a more happy and stress free life,with a debt free life in the medi...

Thank you LadyH. It's really tempting to let it out for once and all, having tried to cope with it on my own for such a long time. The worst part is, of course, the long hours working and a kind of bitterness about the fact that other people have to work less than I do and lead a better life. I neve...

Thanks for all the encouragement and the warm welcome. I will try not to "talk" too much. It's my time to listen, I think. ...and LISTEN I shall very carefully (in a good way):-)

Hello In2deep. I am new on here too and seem to be in a similar situation to yours. I woke up one morning....and...well...you know the rest... I feel it's too soon for me to add my 2 cents, but just a "Hello to you!" so you know that there are people in a similar situation to yours at this very mome...

Hello Lesley. You are right. The more I read the more I realise that a good support network is just as important as getting "a good deal". My first contact with a debtsolving company was rather unpleasant, as they were very vague on options and fibbed on the fees. They told me that I would now have ...

Thank you for your reply, Melanie. I have been researching for most of the evening, reading through this forum, to figure out the best way for me. There is an endless stream of IVA stories, some of them really encouraging, some of them quite scary, especially when it comes to the struggeling part, w...

Hello Michael. Thank you very much for your reply. Debt Management would still be my preferred option (that might change because the more I research the more I realise that I might have bitten off more than I can chew), however I read that the repayments are based on income. Would both incomes be in...

IVA or not? Hello. I am new here and would like to know if I should apply for an IVA. I have roughly £25000 worth of debt under my belt, accumulated over the years and have been in a constant struggle to get this mess under control. I have not missed a single payment on a credit card or loan so far,...