IVA

4 posts Page 1 of 1
Post Reply
 
 

mitchaa

User avatar
Posts: 1
Joined: Wed Feb 06, 2008 2:37 pm
Location:
Post by mitchaa » Wed Feb 06, 2008 3:06 pm
Quote
Thanks
Last edited by mitchaa on Fri Feb 15, 2008 8:33 am, edited 1 time in total.
Top
 
 

Jo Rolland

User avatar
Posts: 162
Joined: Tue Oct 09, 2007 11:33 am
Location: United Kingdom
Post by Jo Rolland » Wed Feb 06, 2008 3:11 pm
Quote
With you having 2 creditors with Lloyds being 96% of the debt, an IVA would not be for you. Is the Mastercard also with Lloyds?

Have you discussed the repayments to your loan with Lloyds?
Jo Rolland
Debt Alternatives
For free, ethical, impartial advice, please visit
www.debtalternatives.co.uk
Top
 
 

abc

User avatar
Posts: 152
Joined: Wed Jan 30, 2008 4:55 pm
Location: United Kingdom
Post by abc » Wed Feb 06, 2008 3:13 pm
Quote
Think the easiest answer will be speaking to Lloyds and reschedule the loan over a longer period to make your repayments more manageable.
Alan Coleman
Licensed Insolvency Practitioner with over 20 years experience and specialist for IVAs for self employed people

www.jmmarriott.co.uk
Top
 
 

carlmcmullen

User avatar
Posts: 487
Joined: Thu Jan 24, 2008 5:55 pm
Location:
Post by carlmcmullen » Wed Feb 06, 2008 10:13 pm
Quote
LLoyds are currently rejecting IVA's were they have more than 75% of the total debt, so I am afraid an IVA is a non starter.

You will need to contact them directly and they will to re-structure them for you over a longer term.
Top
Post Reply
4 posts Page 1 of 1
Return to “postings for february”