...I was wrong anyway.

If you work it out over 5 years it works out as more like a 20p dividend before fees

Cheers,


Wayne

Just a thought... If my unsecured debt is £60k and £30k (50%) of this is with Northern Rock will they be entitled to 50% of whatever I pay into a IVA? The reason I ask is because if this is the case, then they would be getting approx 50p in the £ (before IVA fees obviously). It would seem silly if t...

Currently paying £196pm towards NR unsecured debt.

£689pm towards mortgage and £176 towards secured debt.

Mortgage is repayment mortgage.

All of the above are as per the terms of the Together product we took out and none of these have been altered.

Regards,


Wayne

Hi all I have an appointment via phone with the CCCSVA tomorrow and wanted to k now what my chances were of entering into an IVA taking into account the following information. House valued today by 2 estate agents - £150k Northern Rock mortgage - £103k Northern Rock secured loan - £25k Unsecured deb...