Yes we have a 'safe account'

Yeah we have done all that, the financial statement, and letters of £1 per month and of course stopping DD's but setting up standing orders. Will this stop anyone reposessing the house and taking our things away?? We sent them letters etc last week, do we phone to chase up the letter to ensure they received it, or leave it? Many Thanks LMF

I have started reading your blog, so much to read and not knowing where to start. We are paying a mortgage but we are insured which is helping us with the house. Waiting to hear from the council regarding council tax.

Yes my husband is getting JSA at the moment waiting for them to process my information. We have done a financial statement and all the debt owing is unsecure. It was £18k but we contacted them and explained that we were struggling to pay the debt off, they all froze the interest, and agreed to what we could afford. so we have got it down to just under £14k in 2 years, but now we are stuck. We do not know if they will accept the £1 a month, but we have stopped the direct debits and set up standing orders for £1. Really worried they are going to kick up, but what can we do? Thanks for your response. LMF

Hello We have about £15K of debt, Husband got made redundant in dec and I lost my job in Nov have been job hunting since 150 plus jobs applied for. With two young children and a mortgage to pay for. With our current situation we have more outcome than income nearly twice as much and that is before paying our debts off. We have continued to pay our debt but now we are struggling financially and I was wondering if there is anything we can do to help ourselves. We have sent a letter explaning our situation to the creditors offering a token gesture of £1 a month, but in all honesty we cannot afford that, but what can we do? I am scared we will lose our house and my family will be made homeless. Please help. LMF