It was adjourned again because MBNA are still rejecting the IVA proposal.

Our meeting was adjourned for another 7 days. We just want to get it sorted so we can move on.

Being new to all this, what is a SIVA?

Yes my work is connected to the building trade. I work for a Spanish ceramic tile wholesaler. There are about 12 of us including my dad. Things have got steadily worse for us over the last 6 months so it was sort of expected. I think it will happen. I have a PCV licence so I will try to get back on ...

Thanks for all of your replies. It has given us a little bit of hope. Just a little mind! What is the old saying "It never rains but it pours". I was given a letter at work yesterday. Possible redundancies! I will know more on 23rd July when I attend a special meeting that has been arranged. With re...

This is our first post. Myself and the wife owe about £45k. Our creditors meeting was held today. Everybody has agreed except MBNA (£17k of the debt). Our IP has adjourned the meeting for 7 days to try and solve this. What are the chances of MBNA changing their minds? We don't have any assets. Our c...