Hi Melanie Thanks a lot for your detailed response. They have actually only banked with them for 2 years but it has to be said that by moving over was a very good move indeed. Excellent bank and very supportive. I think my dad is concerned that people will be able to see he has an IVA against his na...

Hi Guys Firstly, thanks a lot for your friendly response. Your parents are borderline solvent or insolvent on an asset basis as they possible could sell their property and repay creditors in full. However, how realistic is the valuation and would the sale price be achieved? Are there other trade cre...

Hi I wondered if someone could give me some advice please. I am writing on behalf of my parents who have some debt issues. They have accumulated a lot of money on credit cards over a very long period of time. My Mum has around £80,000 & my dad £60,000 - i.e. total £140,000. I only looked at my mums ...