Debt Management Plan or Loan

[Ella1984]

I currently have about 15,000 of debt due to my husband having been out of work for a year due to illness. We have struggled to pay the huge monthly minimum payments but can no longer do it. It is likely that my husband may be unwell again in the next few years so I worry that getting a loan and being unable to pay could be a bad option. The only problem I have with a debt management plan is that we may need a loan next year to put a disabled bath in for my husband and a new car as he can no longer drive a manual and I don't think you can get one with a debt management plan. Any advice would be great. x

Speak to a debt advsior at your local CAB, they'll be able to point you in the right direction. As it stands if you were considering the likes of a Trust Deed that would affect your credit rating and you would def not be able to get any further credit for the next 3 years (at least) which doesn't sound like an option for you.

Best of luck to you.

Have you had an OT assessment?

You may be entitled to Disabled Facilities Grant for adaptations.

I second the advice to speak to one of the free debt advice services such as CAB, CCCS or National Debtline. They'll be able to present you with various options appropriate to your situation. You should also ask them about how to apply for help with converting your home to be more disabled-friendly. Good luck

Dom has had an assessment from the council and has been offered to have the bathrooom converted to a wet room but there is a 3 yr wait list and with 2 small children I don't think a wet room is safe, it's too slippy. I will have a talk with CAB. Thanks.

If a wet room is done properly it won't be slippery. Honestly - it could be worth the wait.