Response to URGENT HELP NEEDED!!

HELLO, Thanks for your response, your advice is invaluable. If I give you the full details of my circumstances you may be able to help some more. Basically I've done everything back to front. I am currently registered with a non-profit making debt management company who I pay £250 a month to for our unsecured borrowing. We also have another secured loan with First Plus who we pay an extortionate amount of £802 per month. This was based on some very dodgy advice but unfortunately we are stuck with it. The cost of the settlement fee is also extortionate. We have asked in the past for them to reduce both figures but were flatly refused. So in order to maintain the above payments I let the mortgage payments (£545 per month) slip hoping that I would be able to re- mortage but without a full-time job at the time this was impossible. While I kept in contact with Natwest before Xmas I have been under a lot of pressure these past few months and always thought I would come up with a solution to settle the arrears and even the mortgage in full, so buried my head. Now I am in a position to do this or at least make amends I find it's too late and have to go to court to fight my case unless of course as you say they agree to postpone. Our current income is now in excess of the 47000 per annum (total monthly £3200) and our house is valued at £180,000 and we have 82000 outstanding on the mortgage and 75000 on the second loan. Could I propose that I pay Natwest a significantly increased monthly payment and fight First Plus to reduce theirs, and ask PayPlan to reduce the agreed monthly sum to cover the unsecured lending? And in the meantime try to find a lender who will re-mortgage us. Your advice once again would be extremely appreciated. Thanks & regards M.

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