Hi all, may I ask for advice on how to settle finance problem that my family facing?

My father is pensioner so for now my mother is the sole breadwinner in my family. Her gross income around RM8.1K. The deduction around RM2.4K. So the net income is RM5.8K. The problem is the massive amount of debt that bear by my family. The debt breakdown is below:

RM76X.XX until 2017- Personal loan 1
RM1XX.XX until 7/2015-Computer loan from gov
RM735 until 2018- Personal loan 2

All of the above are portion of the RM2.4K deduction. There is more.

RM9 8XX.XX-Min payment is RM48X.XX (Credit Card 1)
RM13 3XX.XX-Min payment is RM7XX.XX (Credit Card 2)

Car loan-RM1016 until I don't know lol.

For the credit card debt let's just say it is because of unfortunate circumstances e.g: car breakdown etc since our family doesn't have emergency fund.

So how can we settle the debt so that in the of the month my family still have room to breath because now live is very tough for my family.

Additional infos:
I and 2 other sisters study in IPTA and all got PTPTN (loan again ) and maybe only need additional RM200 each per month.
My elder brother already works but still live with us.
3 younger brother still in primary and secondary school.
Utilities bill below RM500 and
3 cars

I have been thinking to settle the computer loan first and then balance transfer the credit card 1 debt and so on.
Another lazy way is consolidate all the debt into one giant personal loan which I don't want it to happen.

Any advice?

Thanks in advance

This post has been edited by jonniedebt: Nov 6 2013, 08:46 PM

Thanks for the advice bearbear.

I'm interested with Bank Islam offer. Since the CC debt from AmBank and Maybank my mother can opt for Bank Islam. So she needs to apply Bank Islam CC first right? And then perform the balance transfer.

I'm bit confused about the limit of balance transfer. According to the Balance Transfer thread the limit is up to 80% of AVAILABLE credit limit i.e CC limit RM20K. Outstanding balance RM15K. Available credit RM5K and 80% of it is RM4K. So can balance transfer RM4K only. OR is it 80% of the RM20K so can balance transfer up to RM18K?

Another question is the fee is upfront payment or add to the outstanding balance?

Thanks in advance.