www.iva.co.uk

Posted: **Tue Apr 15, 2008 10:59 pm**

Hi Guys

I currently have a mortgage with NR for £236000 with no equity, I also owe them £10000 for a secured loan.

As for my other debts I owe @ £21000 on CC's.

My problem is just starting as some CC's have doubled my apr to 29.9% and upped the min payment to 5% and the re-payments are getting very tight .

I have a reasonably well paid job £44000 after pension deductions and my wife earns @ £13000.

Can you please advise me.

Posted: **Tue Apr 15, 2008 11:12 pm**

Hey gazp, an expert will answer you shortly, how many credit cards and to what companies? Any other unsecured debts?

Posted: **Tue Apr 15, 2008 11:15 pm**

Hi there and welcome to the forum

I would hang around for an expert to answer your post, as I am another person in debt and don't want to give wrong advice.

Professional's post on the forum regularly, so one for them I think,
Emma

Posted: **Tue Apr 15, 2008 11:16 pm**

Do I read this right, the NR loan is secured as opposed to a "Together" Mortgage?

To use a very broad brush, and to add to Viki's question, roughly how much surplus income would you have each month, if the credit card debt wasn't there?

Ian