Search found 5 matches
Search found 5 matches
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- by Paul.32
- Wed Jan 19, 2011 11:56 am
- Forum: Ask IVA Forum and Industry experts
- Topic: Can someone talk me through bankruptcy ?
- Replies: 12
- Views: 1948
Hi! After an hour long chat with my IP, it was agreed that bankruptcy would be the best optionafter exhausting all other avenues. I am worried that my employers will have to know (why?) and that they will send in the bailiffs to take all my stuff - scare stories I have heard. Can someone talk me thr...
- by Paul.32
- Tue Dec 28, 2010 3:38 pm
- Forum: Ask IVA Forum and Industry experts
- Topic: Using pension fund to settle debts
- Replies: 2
- Views: 1201
I am in my 31st month in an IVA and currently owe £18000. My payments are £654 per month and I am struggling! I have a pension fund which I will receive in 9 years time - currently the lump sum is valued at around £50,000. Would there be a remote chance that my creditors would be willing to cance...
- by Paul.32
- Sat Nov 06, 2010 1:40 pm
- Forum: Ask IVA Forum and Industry experts
- Topic: If an IVA fails
- Replies: 20
- Views: 2478
If an IVA fails, would it be possible for me to write to my creditors and arrange payments with them, rather than opt for Bankruptcy? Would the creditors begin charging interest on the outstanding debts? I have an IVA with Blair Endersby and they are charging me £652 per month on a £30,000 debt. B...
Search found 5 matches
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