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 im 26 years old, im in debt upto about £27.000.
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ian_h1
Starting Member



1 Posts

Posted - 17 March 2009 :  03:48:57  Show Profile  Visit ian_h1's Homepage  Reply with Quote
im 26 years old, im in debt upto about £27.000. i earn £1200 a month, i pay out £1100 a month on my loans, overdraft, credit card and rent + bills, im left with £100. im having trouble to live. what should i do for the best option. thanx

Reviva UK
Advanced Member

United Kingdom
2452 Posts

Posted - 17 March 2009 :  07:44:41  Show Profile  Reply with Quote
Hi
and welcome to the site

Unfortunately with the information above we are not able to give you definitative advice as there is a lot mor info needed to make such an important decision.

I can assume that you are :

renting
paying around £500 per month on debts
probably haven't budgeted for all your outgoings which is why it is so tight.

I would recommend a discussion with one of the site experts so they can go through all the options available to debt on an individual basis.

These include

IVA
Debt Management
Refinance / Restructure
Bankruptcy
Negotiated Settlement

Hope this helps

Paul Johns
Assisted Bankruptcy Specialists
Reviva UK
http://www.revivauk.com

Real People ..... Real Debt Solutions
www.revivauk.com
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