Firstly i have come to arrangement with all my credit card's i.e that i owed money too, Egg, Mbna and halifax they have frozen the interest for 6 months. I am having major problems over my loan though basically to the point where they are tryin for a CCJ within 10 days for the 15,000 i owed santander. They wont stop the action as say my interest doenst accrue or something my loan was only for 10,000 and now they want 15,000 the cheek. Anyway i will just have to wait and see what happens unless anybody else has advice i have been CAB and am waiting for an appointment in October as to maybe put a pay plan together other than that i don't know.

I have a ford focus financed from carcraft the cash price is 10,500k after all the apr is 15,000k in all. I have not paid any payment's in the last eight month's due to unemployment will i get any warning of people coming too take my car away or will they just take and seize it without consent?

thanks again warpath ok i will get these letters together and send them to all my creditor's just too quiz you on one last thing what would be the best payment method my natwest account as it is clean?? Or can they seize money's from there if they do not agree to my terms?? thanks:) Also what happens with regard's to c.c.j i have not yet received one nut i can imagaine that that is only on the horizon?? Do i ignore them and contiune to offer token payments or go court?? Do i also need to send these letters recorded or registered mail thanks.

Thanks warpath for your help with dealing with my creditors i am going to send those letters to all my creditor's, however i am on a long-term sickness benefit as my health is not good. So i don't think i could ever possibly repay all the outstanding debt with interest so i hope they would freeze it. However even if i make token payment's then it might keep them off my back for now but they will catch up with me in the end, so maybe bankruptcy is the only option. I will have too look into more and more information, thanks

Thankyou palomino, As to question one i do have a halifax credit card and bank account so they will take moneys from that which i know. So i already have a natwest account but i have previous connections with them? So i need a new one what type and which would you suggest? I have recently applyed for a post office account however as i know i cant pay anyone from it. For question two so it does not nescesarily mean they will cease good's if i am up front and honest with them and as my situation both illness wise and debt and i am being honest and up front then maybe the bankruptcy is the best solution for me? I really need to know which bank account would be suited for me the best then and not connected to any of the creditors i mentioned. Do you know of any not checked by third party's, thanks

Thanks sillygirl1 for the reply but that is exactly what i have amounted debt on a tv, pc, so i do have other valuble item's, although not all purchased via a credit but certain things so now you see point i have valuable's which i do not want ceasing? And have done some stupid cash transactions etc and mainly consolodation of my debt? I have recently moved address basically kicked outta me family home but if i am ever to repair the damage done also i need to sort this a.s.a.p as i say don't want the hassle of my mum being bombarded by letter's and baliff's. If i do go to court and this is a serious question as i am serioulsy now considering bankruptcy will the court find my new address via my N.I number as i am on benefit's?? Will they also look at all my stupid spending on credit card's and want bank statement's?? The court??? As i have read on this forum that they dont look at that??? Im confused

I think bankruptcy would be a good option also so maybe have been miss advised, i have not been CAB but i will do this monday with all my detail's. I do not want my good's ceased though so would this happen with bankruptcy? I have been keeping pretty much up to date with paymet's untill february and now it's getting toward the end of march. M.B.N.A are on my back already and i stupidly spoke to them only saying i am doing an iva or bankruptcy, i now know not to speak to put everything in writing. Which creditor would be best approached for bankruptcy. If this is my best approach should i just go to the court and get this form to get thing's rolling? Thank you where would i stand with barclay's though as bank's are the worst for debt chasing shall i go see a manager?? Can my natwest account be touched for any money's owed as it is a clean account and is this a so called parachute account i don't know, upon reading with regard's to bankruptcy they will cease my good's and i don't wish this, i am still considering iva here i don't know.

Hi Everyone, I have accumalated over the year's a large debt of 21,643k now it's became almost impossible to pay because of late fee's and silly interest etc. I am unemployed and have been for a while due to my illness. My debt's are Barclay's bank 896 (which is still rising cause of fee's as my reserve limit is only 500), Egg credit card 1,996k, M.B.N.A 4,300k (these are chasing me the worst via global vantage) Halifax credit card 4,333k (but i do have a clean bank account with them) Santander Loan for 10,118k owed as a settlement figure. Clean Natwest Account Every debt is un-secured I also do however have a clean Natwest bank account and untill recently have had a satisfactory credit report via experian. I have been in contact with debt free direct, but im not sure also have filled in a questionaire of all my incoming's and outgoing's for a company called Spencer Haye's it's confidential if this help's? I know im unemployed but have still been advised that i can do an IVA as i am on incapacity, income support and d.l.a for issue's i will not go into. I recently moved from my mother's address where all the bad debt is now i am not saying i am going to run away from my debt because i feel a duty to pay it just want advice that's all. I am not on the electoral role, i have pre-payment british gas. I recently opened a P.O.C.A (post office account) to recieve my benfit's as i don't want creditor's and bank's getting all my money. In my situation was this advisable though as i still had a clean Natwest account? Also i don't know whether the post office account went through as i have a red post office letter aand it say's from my benefit office Original Document Returned i aint got a clue what this mean's. However i will sort that Monday, should i open one or was that a bad mistake now i realise as tracing company's work alongside them? I know this is a long post but i do want to pay this money but as you can understand i am stuck between the two, i don't want them at my new address and i don't want them hassling my mother's all the time. My outgoing's exceed my incoming's but i could afford to pay a set amount. Any reply's would be appreciated as this is effecting my illness