Go for as much restructuring as you can get, do not if at all possible use the card/overdraft to prop up the household income, I know it is hard but it will just be worse in the long term. The mortgage payments are the ones that will have to be reduced to leave sufficient funds for your other day to day requirements. I presume you have reduced all expenses that you can, bank will want to see that you have taken all steps you can to reduce costs but I would push them to change payments to what can realistically be afforded.