Chances of being accepted

[stickman]

Hi All,
I/E complete
Total unsecured debt 49k
Mortgage+secured loan 112k
Leaves 330 p/mth for creditors+IP
Equity release year 4 (mort/loan 71k approx?)
LTV @85% =(59k?)
Mortgage increase payment no more than 50% of IVA payment =115 which I think (though probably wrong)would release 7k
7k + 330x48 =22.8k
Take out IP fees approx 8k leaves 14.8k for creditors
Would this be acceptable? BR no option both would lose jobs

[caraf]

Thats approx 30p in the £
My IVA was accepted in December 2007 with 30p in the £
who are your creditors ?

[stickman]

Hi Caraf,
Thanks for reply info as follows
Black Horse,Moorcroft Debt Recovery(Lombard),Halifax,Cap1,Amex, Abbey, CL Finance,Creation

[caraf]

The only ones I had out of them are Creation and the Halifax.
Creation didnt vote
Halifax voted yes with standard modifications

[stickman]

Thanks again,
Could you explain "standard mods"

[debbiw]

Abbey are supportive towards IVA's. They voted yes at mine.

[caraf]

not sure of the exact wordings as I am at work but if you want to know can do when I get home.
TIX - vote on behalf on the Halifax