Hi Andy, Well of course the equity depends on the housing market. Just before the downward turn in the market we had about £85K or more equity but with the market being so unpredictable at the moment now I have no idea. We didn't have any joint debts, it was all personal bank loans, career developme...

Hi Andy,
We are paying £400 a month.

Hi Melanie,
Does that mean we might not be able to do anything about our situation at the moment?

Jen.

Hi Melanie,

Yes the property as far as I can make out was included in the Iva as we will need to release about £20K from it in year 5.

Jen.

Hi Debbie, Thanks for the advice it has given me things to think about. Our debt is around £75,000 (£20,000 more that we started off with because of time wasting Synergie).I think I need to go through our Iva paperwork to give all the answers as to how much in the £ etc because I'm not sure. Another...

Hi Melanie, I'm sorry I shouldn't tar every IVA with the same brush. I'm sure allot of people have been greatly helped by going into an IVA and value the help their IP has given them. Our IVA is contribution (that word does make me laugh because it doesn't feel like a contribution it feels more like...

Hi Pixie, We are in and IVA, it was agreed at creditors meeting towards the end of last year. We have been told that they couldn't give us a final settlement figure, if we were to sell up and pay up, because they've not had agreement from some of the creditors??!! And so this means they can't give a...

Hi, my partner and I have been in an IVA for the last 8 months now after a year of waiting for the company Synergie to sort it out (our debt went up by tens of thousands because of this). I think we are about to split up because of, amongst other things, the stress of the whole process. I feel we wo...