To lil twist,

I hope you are able to give some advise on my situation. After reading many posts here in this forum, it gave me some kind of idea what akpk's role are.

I guess I have the highest debts among the rest.

Currently I have debts totalling approx RM160k including interest of RM40k. I have not been paying since 1++ year ago, trying to avoid the debts and letters from banks, lawyers etc... I finally decided to sell my house and paying off all the debts at one short and begin a new life again... My house just sold and would be getting back around RM125k which is I guess is enough to pay all the debts depending how much akpk neg with my banks...

My questions are :
1) Do you think akpk could help me to reduce the principal amount if I pay in 1 lump sump? If this could never happen, do you suggest me to neg with banks alone rather than going thru akpk.

2) Do you think I should take the monthly repayment option or settling in full amount? I am hoping after settling the debts, I have some leftover to pay for house downpayment, since our house has solf off and I have a family to care off.

I hope you are able to assist me on this.