Dear Melanie, thank you for your reply. I have written and emailed with little or no response from my IP. Is it possible to transfer Companies, shouldn'twe have been notified of a change of Compnay. Also will we have to repay interest and IP charges on top of what we owe, at the end of the IVA. I ha...

Hi all, thank you for the replies. I am no further on than before. The first time I contacted the forum was after the debarcle with Hampton Trust, who claimed they could get rid of the IVA, the agent came and took all our papers/ID/Mortgage statement, bank details etc then promptly vanished off the ...

Hi, I have been on the forum before and received pretty sound advice. We have an IVA which has been running since Oct 2006, we applied for a settlement figure from Clearstart and our IP indicatrd that 22,750 would be acceptable to our creditors. I had a long discussion with our Ip who indicated to m...

[:(!] Help!!!! We managed to persuade our BS to release 30,000. The total agreed for settlement was 22,475.00 On top of the 10,492 already paid in so we thought this would be plain sailing. But it seems not. Michael Reeves at Clearstart is now not happy that we did this ourselves, despite constantly...

[:I]Dear all, I spoke to Andrew last night and he has advised me to contact my mortgage provider re; further advance on the equity if possible then we won't incur any brokers charges. How honest and such good advice, but we will go back to Andrew for help if we need it, he sounded "sound", we are wa...

Thank you Melanie, don't you ever sleep????

The advice given has been invaluable, I am going to email Andrew Graveson this evening.

Love Chrissie x

Hello me again.........we need someone who can help us try and get a final settlement. I broke the news to my husband this morning as I have been up all night worrying. We know our initial proposal was 31,000, _ 11,000 of that is fees if it goes to term (5 yrs). We reckon we have about 40,000 equity...

Dear Melanie, we are a bit shell shocked today. We are not stupid people by any means, I am a clinical nurse specialist and my husband was in the army for 25 yrs running the regimental transport system. I dealt with the IVA and to my knowledge I cannot remember anything about the 5yr rule...which is...

[:(] Just to let you all know that have been kind enough to give us advice. The bad news is we are in the 5 yr rule. We have to remortgage in our 5th year and repay 100 % of the outstanding original debt. I spoke to Michael Reeves our IP at Clearstart today who was very helpful and sympathetic but t...

[:I]Thank you Melainie, we have written to our IP at Clearstart for clarification of our equity /4yr rule. We do not have the original documents as they were stolen by the agent from Hampton Trust, along with all our other ID.
Thank God for all of you at the Forum, I'll sleep tonight x

[:I]Thank you Melanie, we are happy to keep our payments at 568.00 as we feel we have a responsibility to our lenders, they lent us the money and we have to pay it back. We feel bad enough about the loss of interest etc. We are determined that our IVA will not fail. We have kept this as a terible se...

[:I]Thank you for the information. We currently have a mortgage payment of 1395.00 per month and 9 yrs left to go off a 12 yr mortgage because of our ages. Hubby 56, me 53. Thhe house is worth approx 145,000 and we owe 110,000. I understand that the equity can only be 85%. Our settlement was 27,000 ...

[:I] Many many thanks for the information and advise. I have written to our IP for clarification, these are worrying times for us as my husband has had to take a paycut of 75 p per hour to keep his job, its probably a msall amount to a lot of people but to us its disaster as we have just had our 1st...

We have had our IVA since October 06 paying 568.00 per month. We were not aware of the 4yr rule untill we had a flyer from a company called Tyler Morgan. We are at our wits end as we naively thought we would pay 60 monthly payments asessed on our income and that would be the end of it. How can we ge...