thanks,if i continue paying do i still need to let them know? i really need the money to keep me afloat to look for another job

My ex wife and i are in an iva with Harrington brooks,has been running for 16months,its likely i will be made redundant next week,we live in seperate houses but have kept a joint iva If i dont get back into a job immediately its likely i will lose my privately rented house,i will receive some redund...

Thanks for your kinds words Melanie,i think i lost the thread somewhere about what the ip was doing,hes been negotiating for us he put in £100 then £150 but the main creditor (HBOS) come back and said £190 is minimum they will accept,we were advised that we wpuld be pushed into bankruptcy if we didn...

hi yes the house sold and the creditors received £8000 of the equity,i wasnt clear but they have had the variation meeting and the creditors will accept no less a figure than £200,according to their working out we should be able to afford it,our ip has given us till monday to decide wether we agree ...

we recently separated and found rented homes,my wife has the two teenagers an im on my own,been in iva for 16months regular payment of £470 then £8000from the sale of our house,we sent in ie forms cos we couldn' keep to that payment,they will not accept any less than £200 we can afford 150 max,our a...

so do you think its better to keep the equity and force bankruptcy? if we do we will a fair size of cash will they not take that off us? and the cars we have?

im probably wrong just had so much to take in over divorce,new house etc etc iva,solicitors etc etc

ok cheers im going to check that monday because im near sure that is the second time weve had that put to us by 2 different personnel,too good to be true though

just to ask this as i had forgotten,over the phone the iva asked if the payments were reduced to £400 could we manage,we said no,but if we did pay £400 do we get to keep the equity?

i didnt know that that is excellent thanks

thanks again but i was sure we had to pay the remainder over,? we will send the forms monday,were still doing a joint iva even though were divorcing because i feel its only fair as my wifes having both kids,her choice not mine but seems fair,and they did advise it would be quicker to sort 1 meeting ...

thanks davey thats sound advice however the maths dont work out,because my wife and i are splitting up we are of course paying 2 rents £400 and £500 (mortgage was 600) 2 of everything so we cant possibly still have £470 a month available to save up for bankruptcy,as regards the variation meeting we ...

i dont have £750 and if anything of value is taken thats my car gone and i have no other way of getting to work,
Really hope it doesnt come to that,my brother in law lost his job (worked for council) when he declared bankruptcy 8yr ago

But the fees to declare yourself bankrupt are huge plus from what i gather they take anything of any value? goodbye car, goodbye job,hope it doesnt come to that

we were hoping not to be in bankruptcy seems such a horrible word but i cant see that we can pay them any more than £100