I have been layed off,wrote to mbna credit card to say I could only One hundred pounds per month could they help.They have waved late payments,but wont do anything about the interest....The only option to me seems bankrupcy/// By the way I am 64
Is it possible for you to post a few more details.....i.e. assets you may have.....Is it just MBNA you are in debt with or a number of creditors?.....What is the total amount of all unsecured debts?.....Sorry for all the questions, but you will get great advice as and when we have a few more details.