Thank you. You are a lot more helpfull than DFD. I do wish we had known about you before we went through DFD.Thank you also to Michael Peoples. I will get a valuation of the house and up to date mortage figures.

Thank you for the replies. I wasn't basing the amount for retention on the salary equivalent, it was only about half the monthly salary, as I had based it on not having to pay the IVA and also our car loan from father in law. We have to pay this back to him as he is 80, in ill health and has no insu...

Hi All. We are just over half way through our IVA and my husband is being made redundant at end of Oct. He was given option of compulsory (a 50/50 chance between 2 people)at basic package or volunteer and get a lot more money. We are pretty sure it would have been him because as from the next day he...

Thank you Paul. Sorry for the delay in replying. I seem to be permanently working so that we make sure we can meet the monthly payments. I have had a read and it doesn't seem to specify. The proposal said it is an anticipated payment based on the value of the house at commencement of the IVA in Jan ...

Thank you both, for your advice. Will hang onto the compensation as it would go someway to showing that we are trying to meet their criterior. Thank you again.

Thank you. Thats very helpful. Don't expect it will be enough to offfer as a settlement. But your never know. Our biggest hurdle is that we have to pay £15,000 in during the fourth year which is related to any equity in our house. At the moment the equity has pretty much gone with the downturn in th...

Hi. We are two and a half years into our IVa and my husband has just been in a car accident that was not his fault. He will receive compensation for his injuries in due course. Will this have to go to our creditors?