From a healthcare professional point of view have a read into funding care etc before accessing your mums funds to pay for a house. If you are selling any of her assets includinga house to fund this and she then needs togo into a care home in the next few years it may be this house couls be required...

I higjly recommend one of the guys that Foggy has mentioned rather than going direct to a bank. If uou do too many applications thats get refused your credit history will be shot-more than it is already with iva still on your record. We used Select Partnership couple of yeara ago for our post iva mo...

Completed IVA October 2018. Spent a year repairing credit history, using credit respinsibly etc. Can personally vouch for Select Partnership (Shauns team) who helped us with a budget, affordability etc..... Got a mortgage on the High Street with a low fixed rate....bought dream forever home and move...

Hi Kitty Welcome to the forum. Youve made a brave decision to face debts but it will be worth it. Been here a while now from the position you find yourself in to having completed a 5 year IVA, releasing equity and then living post-IVA. This forum is a godsend and source of advice, support, guidance ...

I am by no means an expert but i will try to explain-then I imagine Foggy will come along and be most helpful 👍🏻 i have completed an IVA and have been here nearly 8 years so reading posts on here will really help you understand what an IVA is and what your responsibilities are etc. However, I’ll try...

No problem Kallis
Hope it helps the poster to feel reassured that mum should be able to continue residing in the home.
It would be good if the IVA could be ended based on payments made to date....one less stress for them and allow to focus on care.

https://www.ageuk.org.uk/information-ad ... -for-care/#

Have a look on here.
its a link to AgeUK regarding paying for a care home (if link doesnt work)

From a healthcare professional view you should not need to sell the home to fund dad going into care. If the home is in joint names they cannot make your mum homeless to finance care for your dad. They need to have a full financial assessment by social services-if theres isnt enough in savings etc t...

It takes considerable time and patience to produce the figures for an IVA not to mention the setup of a new ‘noncreditor’ bank account. I would be wary of a. omoany suggesting a big financial commitment withe such small time scales especially as they know how desperate you are forma solution-its a 5...

Yay!!! Congratulations! Thats great news! As for the questions- Best to wait until you have CC before applying for credit. We got a vanquis card with £500 limit at first used it carefully then few months of good use they increased limits etc. Then after a year or so of managing it well and credit li...

Glad you got it sorted eventually. Foggy i find it strange as well since people in an IVA are often better at managing finances, budgetting, having certain items provided within allowances....safer bet than people bumping money from credit card to credit card with debts building up. I think there is...

Sorry I missed your update.
Thats great news glad its clarified.
Hope you can relax now. have a lovely weekend.

Good afternoon. I was originally with a fabulous lady called Mel who was based in Wales I believe. She was marvellous. We went through everything in finest detail. I spent a long time on this forum before agreeing and had a solid understanding of an IVAand all the T&C’s. Very glad I did as unfortuna...

It troubles me when I read IVA proposals have been drawn up over a few days. It took us weeks to look into ours. Get our budget right. Speak to a couple of companys and get different budgets etc. One company said we had over £1000 disposable income for the IVA but another was more realistic and we h...

As long as all that was discussed at the outset and your IVA was setup based on your pay schedule and outgoings you shouldnt have to pay anything else other than your preset monthly payment and any additional over time based on what Kallis said about the 10/50/50 split process. If you have ‘spare’ m...