Hi Pandy, yes we questioned this failed IVA in Jan 2010 and was told not to bother them and read the paperwork. So what do you think this means. Reason for Failure; At a meeting of creditors held on -----2009, creditors resolved that I should distribute all funds being held and cease to act. Our IP ...

How much does bankruptcy cost?

We have NOTHING left,zilch,pennyless. So in a nutshell we are back to square one and lost EVERYTHING.

Another question is how long does a debt stay active as such?

Hi people sorry for delay, dug out paperwork and read through, all available monies paid to IP has been paid out to creditors. Reason for Failure; At a meeting of creditors held on -----2009, creditors resolved that I should distribute all funds being held and cease to act. So to me in effect they h...

Your question seems as though you are not renting yet, there are also other fees that need to be budgeted for such as management fees and credit check fees this is dependent on agent, they all vary.

What would you class as proof that the money was paid across, we have a spreadsheet which states who got what.

Hi Elaine depending on the agent/landlord they would probably want 3-6 months rent in advance. We had to pay 3 months for our first rental agreement and 4 months for our second agreement. As advised please do budget for this.
regards

nice one 0_0

Thanks for your reply, we have been chased by 2 of the creditors but they (presumingly) accepted the payment as we didn't get any notification of a different dividend paid to creditors. We didn't have anything else left to give them anyway as we lost EVERYTHING, home, pensions, endowment policies, c...

Hello, my question is about our iva's. We started this process in 2005. My iva was completed by a f & f in 2007 after a long wait, my husbands iva by f & f was completed in oct 2009, he received his certificate jan 2010, it was marked FAILED? We were gobsmaked and taken quite aback and in shock. We ...