Hi, A combination of being out of work for a few months last year and moving to take a substantial pay cut means I'm starting to struggle financially and it's got to the point where I'll have to borrow to meet my commitments which obviously isn't really a sensible path for me to go down. At the moment I have around £280 a month left after all my direct debits etc, and I still need to buy food, gas, electricity, clothes etc out of that. I'm currently considering a debt management plan, however the bulk of what I owe is with Halifax so I was wondering what my chances were of negotiating directly with them to make payments more manageable or freeze interest/charges. This currently consists of: £10k overdraft, maxed out, paying £93/month in 'fees' - this one is the killer for me because I don't see any hope of reducing this even in the medium term with the monthly fee. There's no way I can make a dent in it so I'm just paying the fee at the moment £4k credit card - maxed out, minimum payment of ~£40 a month 3 x loans - total balance around 15k and monthly payments of around £600 a month I'm not looking to get out of paying them what I owe, because I knowingly took on the debt. I just need a more manageable monthly payment and a way of actually paying some of the capital off the overdraft rather than the £93 a month fee. Is it worthwhile contacting them? If so, which address should I be using and is there a particular template I should use? Does anybody who has been in a similar situation have any experience of this? I'm keen to avoid DCAs and having to formalise my issues with a DMP if I can, and they'd probably end up getting less from a DMP anyway.. Any help would be greatly appreciated. I've been putting off tackling this for far too long.. Thanks in advance!