As a result of a failing business over the last 2 years, I have incurred massive debts which has resulted in having to sell our house. From the proceed of the sale I have paid off numerous loans from family totalling £34,000.00 business and second mortgage loans totalling £88,000.00. My wife and I have also decided to separate and I have given her 50% of the sales proceeds as her share totalling £169,00.00. I am left with a capital sum of £33,000.00 and whilst I am trying to create a new business venture, my only income at the moment is my pension totalling £1,150 per month. I have outstanding debts to 4 credit card companies and a business bank loan totalling £46,000.00. I am trying to negotiate with each of these creditors a one off final payment amounting to around 50% of the debt in full and final settlement. One of the card companies has now decided to take out a county court action.Is the judge likely to take into consideration all the debts before making a judgement or will he just focus on the action taken by this card company and my ability to make full payment to them despite the fact it reduces my ability to negotiate and pay settlement figures with my other debtors

Optional Information:
System of Law: England-and-Wales

Already Tried:
I Have had various conversations with the card company who finally agreed to a settlement figure of £10,000.00 against a debt of £17,595.57. I accepted this figure and offered to pay £8,000.00 immediately and a further £250.00 per month for 8 months which they rejected. they wanted a one off £10,000.00 payment or full payment actin through the courts