thanks for your help. I have been watching lots of issues/comments for some time now. Just set up a new bank account but i will keep paying things until i can't anymore and pray for a lottery win! Money is not cheap to lend anymore aswell as getting extremely harder to borrow, i'm sure more people w...

i have just rang the finance company and the settlement figure is nearly £1000.00 more than the book price of the vehicle. it is on Hp, settlement figure is £6845.00

the car is on a finance loan, if i were to sell it i would have to pay off the finance and probably have to find more money as the finance settlement figure is higher than what the car is worth. it costs me £197.00 per month and runs for another four years.

i currently have finance on my car and the car itself is probably worth less than the finance yet i would like to continue with these payments as i need a car for work. can i keep the car if i were to go into an iva?

ok, thanks for all your help, i will be speaking to my financial adviser first thing tomorrow to see if there is anything i can do before applying for an iva but failing that, i will call melanie....

would you have any idea on what i would be paying in an iva if at the current moment my income is 2000 per month after tax and my mortgage is 600, loans and credit cards are around 900. i also pay my ex girlfriend 200 for child maintenance for my son aswell, does that get affected in any way?

my unsecured debt is probably near £38000, my house value is now around the same as i paid for it 20 months ago which is 130000, my outstanding mortgage is 124500....

thanks andrew. what do you think about my position as company director? should i become an employee instead, does it matter? my father is director too and i don't want it to affect him or for him to know about iva. we do have a property mortgaged by the company, will it be considered, because if the...

hi all of you on this site. i have finally plucked up the courage to join as i'm in need of advice with regards to an iva. the reason for this is like many of you, but mine began over the last 12 months, when i had a serious car accident an had to change my job title which meant a pay cut from 52000...