We are just entering our 6th year due to a HP agreement (this was a modification on the original application for iva) we have now been informed that we will have to remortgage at the end of year six or do another 12 months. There is nothing stated in the proposal or modifications about this. Can the...

Is the F&F settlement amount to the total amount you would have paid if the IVA went to full term or the total amount of actual debt? i.e. if you originally owed £60k and under the IVA will repay £40k and have paid £30k of this back already - would the F&F be £10k or a further £30k?????? Hope this m...

Thanks for the advice - its not due to promotion - just in recognition of my work but it is quite substantial. We have some changes that we need to take into account such as hubbies job is changing and he will be on less hours therefore less money and he currently has car provded by work which may s...

Hi

I've just been given a payrise at work, can anyone let me know how much of it I have to hand over under my IVA and do they take this immediately or at the next review????

Advice really appreciatedx

Thanks for all your support :) Getting our heads round this now and the car thing doesnt seem so bad - after all the IVA has been accepted and if we cant downsize we should be able to prove it! and the worst is an extra 12 months payments - which we will probably have with the equity modification an...

Well thank god that's over (not the best day I've ever had!!). Well it has been agreed - with some modifications - the most of which relate to the IP's fees. There are two mods for us 1) the equity release on the property in 4.5 years unless it is less than £5k with an extra year 2) to try and downs...

HI all Its finally here - our creitors meeting is tomorrow (1.00pm) so nervous and anxious - I have a really wishy washy tummy. Hope it all goes well and not too many modifications or at least ones we can live with. Also why is it that all stress comes at once??? looks like we may have a leak in the...

I am also with National Debt Helpline and we have our Creditors meeting on Monday 7th December - Natioanl Debtline put us through to Debt Lifeboat and we have had no problems so far - they have been very helpful and always available to speak to. They have been up front with us about what to expect a...

Thanks for all the advice :) I dont think we have the remortgage issue as have negative equity so its not included in the proposal the only problem I can see is we have a hire purchase agreement for our car which is quite high payment per month which they have said they may ask us to change the car....

Thanks for the advice, we are with DEbt Lifeboat (via National Debtline) has anyone used these and what did they think????

xx

Hi We are new to this site (and to IVA's) we have our creditors meeting on 7th December and getting very anxious that it will be agreed. What constitutes a good offer that will be agreed? ours is 32p in the £ but not sure if this is seen as good or not or what others have had approved? Also what sho...