Sorry questions questions questions:o/ As I posted earlier about the IVA failing and that my husband is now going to be on a DMP instead (hopefully). He has just read through the pack etc and signed it ready to return but they are asking for more fees. He already paid B and E £320 which was the 1st ...

I posted on here last week that the IVA failed twice due to NR. We were told there was one chance left and it was proposed that my husband would pay another year (or 2 if it came to it). They have said no however, apparenlty they want as much cash as possible back. My husband is 51 now and although ...

Just to add, B and E have gone back to them and said that my husband would pay for an extra year. The deadline for this is now 19th Feb

Thanks for all your replies. The total debt owing to 5 creditors is £38,000, £11,000 is to NR and I beleive that this is the most, My husband can pay £161 a month on an IVA or DMP at the present time.

Hi again, my husbands IVA attempt failed for the 2nd time yesterday and apparently there will be one more attempt by B and E and then probably try for a DMP. Its NR that are failing it, they want it all paying back. My question is, if my husband does a DMP, he can only afford the monthly payments th...

Yes, they are hoping for around £5000 I beleive

£161 a month. that is all we have got at this time.

So do you think that B and E are to blame here then?? Our mortgage is £90,000 and the house is worth around £120,000 ish at the moment although there has been not valuation etc. The overall debt is £38,000 and Northern Rock are owed around £12,000 of that?? Should B and E have made us more aware tha...

Its with Baines and Ernst

Oh God!!! The actual IVA creditors meeting was today and we had all assumed that it would go ahead. Big no no, Northern Rock have said no and they are the main creditor. the others have said yes but suppose thats it??? They have said no cos they are saying that the equity in the house is enough to p...

Okay thanks and thank you for being so patient with me /

Sorry, I'm not very good at explaining myself. I am making it sound like its his debt and I am doing things seperate. What I am trying to find out is, we are obviously budgeting hard like everyone else in this situation. I am looking for a better job to help out and to hopefully have a little more m...

So if I started earning £500 a month and paying for the food bill etc, is there a percentage that they base it on that would then put up the IVA? Yes its all in his name but we are dealing with it jointly as in the budgeting etc. Is there a maximum or minimum they take. I saw on here another post wh...

thanks for the reply and yes of course, we have both contributed to the debt and I am just as responsiible for it as he is. What I really meant was how much would I be expected to put towards the IVA. For example, if I earned £500 a month, would they put up the IVA payments by £500 a month? Is there...

My husband has just gone into an iva in his name only. I only work part time at present and my wages have been taken into consideration for the household income. I am hoping to get a better paid job with considerably more hours. Could you pleae tell me how much of my wages they will want towards the...