I am in month 54 of my iva and have just obtained a valuation and redemption statement to see if we have enough equity to remortgage. The valuation is 195,000 and our mortgage outstanding is £178,174. It says in our document that if there is equity in excess of 85% loan to value having regard to th...

Hi Melanie Thanks very much for your post. I set out below the details requested:- Salary (Karen) £1340 Part time income (Karen) £300 Drawings (Roger) £294 Other income £160 (board from daughter) Total income £2094 Expenditure £1,769 Surplus for creditors £325 Amount owed to creditors:- Natwest (joi...

My IP just said that the two creditors that appear on my IVa voted in favour so she said I could go ahead with mine. She didn't really go in to any options. The creditors meeting (adjourned from last week) was today and I have not received a copy of the Chairman's Report. I work at a firm of solicit...

They haven't told me what they have done about mine. Bankruptcy is not an option as it is a condition of my employment that I am not made bankrupt. My husband is a driving instructor and it is a condition that he is not made bankrupt. I will call Accuma on Monday and see if I can get some guidelines...

They haven't advised me on what to do next, they just said they would return my cheque and they were sorry they didn't get the right result. The meeting has not been adjourned. They prepared our income and expenditure on a joint basis. They just said that I should now write to my creditors with prop...

Our debts in total are approximately £50,000 and Accuma said that this would be suitable for an IVA. They did mention that MBNA are very against IVA's - is this correct? It is very disappointing that we were so close to our IVA going through and then it didn't. The disposable income that we put forw...

The amount of my IVA was to include the Nat West loan so would it not be the cost of my IVA plus a payment to my husband's credit card or would he have to pay extra again to Natwest separately. I thought perhaps that because Nat West have accepted the IVA that as long as they are receiving the propo...

My husband and I applied for IVA's and the adjourned meeting was held today. Two out of the three creditors approved and the other one rejected. In effect my IVA went through but my husbands didn't. Accuma said that I could go ahead with the IVA but my husband would not be able to. In considering th...