Thanks guys for your feedback re the post!

Hi David I notice you have started posting on this site, so I would like to take this opertunity to thank you for putting together my IVA in May 2008, which was approved at 25p in the £ even though all other IVA companies told me this was not possible as HSBC had over 40% of the debt. Since you got ...

intresting stuff can i ask what type of debt you have with GE Money?

feel much better - thanks

Hi Mel, Hope you had a great holiday. I spoke to Tina while you were away and she has sent you all my details to review...feeling very nervous now...hope you will be happy to put my iva forward, which may be a test case to see if HSBC will accept 34p in the £ under the new iva agreement. Just to als...

also i am not a homeowner

Hi - Mel I have been posting on this site for a few months now wanting to go for an IVA - but the HSBC 40p in the £ is all that is stopping me. So I have been sitting and waiting as my payments are all up to date on my accounts - and I am using credit to pay credit e.g. i will pay £135 into my halif...

New protection for IVA customers The government has set out a new code governing Individual Voluntary Arrangements (IVAs), a controversial alternative to bankruptcy. The government said the protocol should ensure that: debtors will be asked to detail their income and outgoings in a standardised fina...

Thanks for this

Do you mind sharing what your situation was total debt...just so i get an idea of what kind of situations hsbc are flexiblw with

If you dont want to share this info its fine.

Thanks

Thanks for providing some hope Mel i will sleep better tonight ....thanks will call the office in the morning.

i would complete over 6 years - i will give your office a call

Mel would your team take on a case for around 30p in the £ where hsbc is a main creditor - i dont whant to go to any company as people out there will say yes and a few months later i will get dissapointed.

Thanks Mel I am trying not to go bankrupt but only have a few months left to decide and hope some laws change to allow me to go for an IVA. As you have regular contact with banks, have you had any indication that HSBC may change the 40p rule at some point ? Its just that i can hold out if there is h...

October 2008???? i was told told march/april 2008 has this changed?? and is there a chance october 2008 could change to 2009 ?

What is the best way to find out if the HSBC 40p rule changes at any point as this will clear the way for an iva for me.

Thanks

Hi I am waiting for the now iva laws to take place as my main creditor is HSBC who require £.40 per pound which I can not afford, but after speaking to Mels team I was advised it may be possible to go for an iva when the new 51% rule for iva approval vote starts. I am struggling to pay all my credit...