Thanks Tina I've looked into both IVA & bankruptcy in some detail & these were my preferred options as it all felt too overwhelming & I liked the idea of a company essentially sorting it out for me. I feel like its all bit more manageable now tho. I think some of the guilt & shame has lifted (had th...

Thanks for the reply Foggy, I also know people who have done this successfully, some by negotiating substantially reduced payments with immediate settlement, others who like you describe, have diligently chipped away. I think its worth a few phone calls to sound out the creditors anyway!

If its only a 2 year course & you are confident that you will be able to repay it quickly then it might not be too bad. Its all about the small print!!

Well done!! Be really really careful with career development loans & my advice would be to avoid the one offerred by Lloyds at all costs, this loan has been one of my downfalls & they are now my biggest creditor. They may well have changed the terms now, but long story short, even their own staff we...

Hi - apologies in advance for the long post, stop now if it looks too boring to read... I've been wavering on the verge of starting an IVA or bankrupcy for quite sometime now. I have been thinking that I could sort out my own similar solution which would mean the money saved on fees would go towards...

sorry, what about utilities & council tax from previous addresses?

Thanks!

They aren't linked to any creditors.

Hi, I'm just in the process of organizing my paperwork for an iva, have delayed for a few months to get my car fixed etc. Have a few qs if you don't mind: Am I right in thinking that CCJ payments & parking fines can't be included? I understand that co-op won't allow new savings accs to be opened but...

If it's a tax rebate from overpayment of tax, how can this be classed as a windfall?

Hi Raj

I'm also a dr, am currently trying to decide between br and iva. I looked into this with my contract & GMC and as others have said, there doesn't seem to be any requirement to notify them. Good luck with it all!

I just wondered why a monetary gift wouldn't be classed as a windfall?

Thanks!

I don't think they can garnish funds from your account once the IVA is established. Before this they can help themselves.

That seems a bit tight considering the circumstances. I opened a Barclays basic account recently, they were exceptionally helpful. I'm pre-IVA but my credit score must be atrocius. Good luck!

Thanks guys. Got a phonecall from the ever hopeful bailiff this morning, still hoping to earn his huge comission, I stupidly gave him my phone no yesterday as part of my mission to get rid of him. I told him to do one as he should have been de-instructed. Have heard nothing since.