hi mike
thanks for reply
we have taken a DMP with payplan
paying 850 per mth will take 70mths to be debt free
at least we keep house and have money for food
just hope nothing drastic happens in next 70mths
thanks for everyones help and advice [:)]

our age is 50 and 45 would never get back on property ladder. Also do not want my parents to know. just in an absolute turmoil over this.

thanks melanie will let you know how we get on once spoken to payplan.[xx(]

we have both the main mortgage is repayment and the endowment interest only. I have been advised we could switch to total repayment but not sure how much it would cost.You say creditors may not stop interest is that normal? Just do not know what to do was so set to do an iva now all confused again.

we have an endowment policy against house surrender value 25k my husaband and i are 50 and 45 would never be able to buy a house again if we sell. really want to keep house. do you thin dmp best way forward. DFD are sending our details to payplan?

no there is no equity valued at 119k mort+ loan secured =140k the 850 per month was with keeping the house?

Melanie, combined income is 3240k, debts are 60k. could rent for 600 per month. was told by dfd payments of around 850 per mth.

i have sent all the details back to DFD. Had a booked call today to discuss the details. They have advised we do a DMP as we have a mort of 103k and a secured loan of 29k on the house. the 2 payments are 1300 per mth. DFD are advising we will be asked to sell house as you can rent for 600 per mth.Ca...