Yes I know what you mean but the thing is I only work 3 nights a week (12 hour nights) so I am free for the rest of the week and think I could still do a sat job or something and have time for the family etc. I will obviously have to see how it goes, Hopefully after a while my wife will be able to l...

I have not started the job yet, I'm just thinking about it and want to know if it is worth doing.

Thanks, But what about if I've had the second job for a year or so then at my review they see I earn more, therefore can pay more, will they then try to make me pay more than 50%f (i.e. see it as part of my income instead of an extra income)??

If I was to take a second job (weekend job etc) would I be ok to pay the 50% as if it was overtime or would they class it differently and change the monthly amount i have to pay (i.e. would they see I earn an extra £200 a month and want another £200 a month)?? Would be nice to have an extra few poun...

When I tried to re-mortgage the flat (which I could not do due to bad credit rating) I was told no lenders let you release equity on a buy to let mortgage.

Thanks, Am not sure what will happen tho as you cannot release equity from a buy to let mortgage?

Thank you, I guess I need some more advice before signing up to Debt Free Direct straight away. I looked at the IVA.com site and it Does look like a IVA is the best option for me though. Its just a bit hard knowing who to talk to etc.

Thanks for all your help, I have been looking into other options for a while, The Company trying to get me an IVA said I would be making my payments for 4 years then they would make me re-mortgage an any equity in my house I would need to pay them, If there was not any or not enough to pay off what ...

Hi Melanie, thanks, Between me and my wife we owe about 28,000 and I could afford to pay 200 a month and then could live ok (on a budget) if I earn extra (overtime and I am thinking of getting a second job on saturdays) I could pay more, my wife I currently out of work looking after our baby and her...

P.s I'm new here .... Hello

I own a flat which I rent out, the main reason I need an IVA is that we got a good offer on a house and started paying 2 mortgages whilst trying to sell the flat, Then the housing crisis hit and we could not sell the flat even at a lower price, so instead of making money from the flat sale we got in...