My best mate is having a lot of trouble with the Halifax. He lost his job (shocker in this day and age) he has a credit card and owes a couple of thousand on it. He is unable to make the "minimum" payment to the Halifax. He is trying to negotiate a fee to pay to them, but they are unwilling to accept and threatening him with litigation. I have advised him to go to the CAB which he is arranging next week. He is bricking it cos he thinks the bailiffs are going to be banging on his door. He's getting depressed over this what advice can I give him or reassurance. I'm expecting some moronic answers from some, but sensible answers would be appreciated.
Thanx for all the sensible answers so far. I'm not privy to the ins and outs of all his financial problems, I only hear the topics he is concerned about i.e. courts/bailiffs etc. I have absolutely no idea if he has a payment protection plan, from his desperation I would presume not. He told me he'd tried to sort it out on Saturday when he got the initial letter. I've told him to call/see the CAB. I'm letting him know all your answers - he's completely computer illiterate so I'm doing the questioning for him. I'll reiterate to him the importance of going to see the CAB.
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