Take some professional advice now even though it sounds as if you don't/can't take any action at the mo. Your best bet is to look in Yellow Pages to find a Licenced Insolvency Practitioner. They shouldn't charge you for the advice and as they are qualified and regulated they are truly the best people to help. Once you've spoken to ...

Veloxuk is right about contacting your creditors - they should all be helpful as they are members of the BBA and have committed to helping customers in trouble. An IVA won't be any use for you as you do not owe enough and effectively only have one creditor. If A&L don't play ball you could consider a debt management plan but if they ...

I think that every time you apply for a loan the laon company do a credit seach and these searches show up on your credit rating so to have 5 searches showing up with out any corresponding loans will not help you get a loan as new lenders will worry about why previous potential lenders have refused to lend to you. I suggest that you speak to a ...

There's nothing to be ashamed about - there are thousands of people in the same boat as you - at least you are doing someting about it - only reason i am here is because of my debt (under control now thank god). Best bet is to look at increasing your mortgage by £30k to pay off all the debts - it will be a lot cheaper each month than ...

A debt mangement plan can affect your credit rating for up to six years however as most lenders still want to lend they seem happy to overlook lots of negatives on a credit file depending on your circumstances (and I guess how much money they can make out of you!). If you are going to do something that damages your credit file look into an IVA as ...

The best place to get free advice from someone who is fully qualified and regulated to give it is from a licenced insolvency practitoner - look in your yellow pages. CCCS/Payplan are no more impartial then anyone else - they get paid by most banks etcthey just don't tell you! if you are doing a debt management plan you may be better off with ...

I looked in yellow pages and found a licenced insolvency practioner (nancollasgreer). They spent an hour with me going through all the options and they didn't charge me a penny! they made some suggestions and some example letters that i have followed and i think that i am back on track with my debts. They told me that insolvency practitioners ...