Thank you again all who have responded to my postings. Apart from feeling a little better about our situation, I would like to say how kind and helpful everyone has been and advice given has been well noted. It is a sad state of affairs when one finds oneself in this situation suddenly realising how...

I just also wanted to say, a big thank you to all who have replied and cannot explain how grateful I am for any and all support and suggestions. It is most helpful, thank you so much!

Where to begin? When my hubby and I realised that our debts were getting increasingly deeper, I searched on line for answers to the problem. Having found what I thought was a "government managed" debt solution firm I contacted them. (Hanover Sterling) I discovered from them that a) we would have to ...

I do have some questions before I proceed with the idea of bankruptcy...if someone can advise please. If bankruptcy is applied for would the monthly payments we are now making for IVA stop immediately? How long does the bankruptcy process usually take from application? And lastly, when would the fee...

Thank you all for the wonderful response. I have taken all advice on board and will act upon it asap. It is so good to know we are not alone in this situation and for that I am very grateful. Thank you again.

Kallis3

Thank you for your warm welcome and advice in post. I feared that might be the case but couldnt help wondering anyway. Thanks again

The Major and MrsKnight Thank you both for your responses and warm welcome. Our IVA is with a company called X-Debt in Manchester. Although MrsKnight you say people don't lose evrything when applying for bankruptcy, I worry it may be the case. We have very little of any value apart from the usual T....

Major, thank you for your response. As far as possible all options were discussed when entering IVA. The funding for this comes from my husband's weekly pension credits and 4 weekly DLA. There are no other payments coming in. Hence the almost daily check on our balance/incoming/outgoing. We were wor...

Hubby and I entered into an IVA in April this year. Feeling pretty low about the whole situation, as money is tight and we have to watch our budget on a daily basis. My question is..as most of the debt we owe is to certain banks, can either of us make a claim against a bank for unwanted PPI on loans...

Hubby and I entered IVA officially in May this year. Reasons not important now except to say that all went down hill August last year when hubby had heart attack, and I had to stay home to be constant carer. Feeling pretty low, and alone and seems a long road ahead. Constantly watching budget, almos...