A holiday sounds good!!!!

So are we committed to these joint debts regardless of what happens. As we are seperated now I was hoping we could contact our lenders to split the debts so I would take my half and she would take hers and then we went it alone so to speak....

Can anyone help me with the above message...

Thanks again..

Sorry Mel didnt explain myself. At the moment we have joint debts - Mortgage 138K, secured loan 38k and another loan (unsecured) 23K. we are looking at around a neg equity on house after sold of around 20K... if the house sells how would i go about splitting the debts.. the mortgage is fine as will ...

Well I may have had some better news after convincing my wife not to file for bankruptcy until our house is sold. If I sell my house how would I go about dividing the Debts 50/50 as this is benefit me hugely and I could prob either do a debt man plan or IVA with ease even on my lower salary if it co...

Thanks Jan I will do, just keeping my fingers crossed....

Thanks Jan,

I didnt think a debt man plan would work for me but it may just give me the time i need so find a new better paid job...

Does anyone know of a company called PayPlan?, are they credable? Its just they have thrown myself and my wife a possible life line but not sure if I am to trust them or not??

Thanks again
Lee

Thanks Melanie that is one less thing to worry about anyway!!!!

Hey guys,

A question that I had not thought of, I am now living with a friend who has his own house. If i were to go BR or take out an IVA does that affect him in anyway???

Thanks
Lee

Thanks David, I will definately call you in the next couple of days..

Thanks again
Lee

I think thats the prob, so many websites and so many numbers... Honestly sometimes I think people ring me and I have no idea who they are!!! Good advice though, going to call a couple from this site and see where it takes me.... One thing is for sure, I have learnt my lesson when it comes to finance...

I have spoken to so many different people about IVA's and BR and most say different things...

I would have no where near enough money to pay the mortgage and load on my own plus i will prob end up taking on my wifes share of all the other joint loans......

So its either IVA or BR?? we shall see!!!

The problem i have is that my wife (ex) is refusing to pay her half of everything (childish) i know... i could not get a mortgage on my own.....

every idea i think of something comes along and throws a spanner in it..... !!!

Well this is what they are saying now over the phone, when it comes down to it i am still nervous they may change their minds... I just hope they do understand, I am similar to you I think, looking like bankruptcy is the only way forward as my now ex wife is filing for it which in turns means I cann...

Thanks for the advice.... I have just had an interesting chat with my secured loan lenders who were actually very understanding of my situation. If i were to sell my house i would be in around 18K worth of negative equity!! They said we could come to an agreement as they would stand to get half of t...