angelc wrote:

Hi David

Thanks. Have already disucssed this with my IP. Just wanted to check that what I was being told was correct.

How do I know that I am getting the best advice? It seems there are conflicting stories. How much do the IPs charge and how much will the whole process cost?

Hi Angelc Why would you HAVE to sell it if bankrupt ? Only the OR can advise on this as it will be their decision. A third party may well be able to buy the beneficial interest for as little as a pound plus costs from the OR. Do you feel that you can afford 56% of your income on housing going forwa...

Hi caroledc, As Andy states we need full details of everything from what you and/or your partner owes (singularly and/or jointly), Amount of the secured debt on home and details of your other assets (if any) and your income and expenditures. You need to have a chat with an IP and give him/her detai...

Hi and welcome There are three ways to del with unaffordable debt, bankruptcy an IVA or a Debt Management Plan. The right solution for you will depend on many factors but one point to note is that the secured loan can't be included in an IVA or DMP, unless it is no longer secured on an assett. You ...

Hi and welcome There are three ways to del with unaffordable debt, bankruptcy an IVA or a Debt Management Plan. The right solution for you will depend on many factors but one point to note is that the secured loan can't be included in an IVA or DMP, unless it is no longer secured on an assett. You ...

We have serious debts including credit cards and a secured loan which amounts to circa £80,000 on credit/store cards plus the secured loan of circa £85,000 what are our best option?