Creditors

[Jo-eph]

Hi All,

I was wondering if anyone could help me?

I have three creditors:-

Sky Card £7644.22
Cahoot Loan £9,487.22
BarclayCard £4345.11

Do you think that i will have an issue because Sky Card is underwritten by BarclayCard, so in effect only have two creditors.

I am hoping to do a full and final IVA to start with as I am currently on income support and do not have enough disposable income for a proper IVA, my parents have offered to help me.

The offer ammount is £12,591

Any insight would be gratefully received.

Many Thanks


Jo

[MelanieGiles]

Hi Jo-eph

There should not be an issue with this if you are going to be proposing an IVA, as you have three separate lines of credit.

Are you going to be offering a full and final settlement to creditors?

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

To have me propose an IVA for you, please visit:
http://www.melaniegiles.com/ivaEnquiry.asp

See customer feedback at:
http://www.iva.com/iva_companies/IVA_Advice_Bureau.asp

[Jo-eph]

Hi,

Thank you for your reply, yes I am offering a full and final settlment.

Thanks

Jo

[iva.com]

Hello Jo,

Have you appointed an IP to represent you yet? If not you might find www.IVA.com useful. We maintain a list of IVA firms and IPs and publish client reviews of their services.

Good luck with your proposal and please let us know how you get on.

Kind regards,
Terry Balfour
IVA.com

IVA.com - The IVA Comparison Site
100s of reviews, All IPs and IVA firms rated.

Use our IVA firm comparison tool to find best IVA firm for you:
http://www.iva.com/iva_comparison_1.asp