Hi we have taken the first step and after contacting a few companies have decided to go down the iva route. We have applied for a new bank account and sent our details so a statement of affairs can be done. Now what happens? We feel so happy we've finally taken the first step!![:D]

Hi thank you all for your help and advice, I am in the process of looking through the IVA companies to decide who to contact. also I have just read that I will have to include my student loans in the IVA even though they are on hold at the moment and I pay nothing toward them. So much to think about...

Hi me and my husband owe approx 38K to 4 creditors and making the minimum payments is very tight. We live in rented accomodation and have roughly 300 spare to pay debts would we qualify for an IVA we both work Thank you

Hi

Thanks for the replies we will call a few companies ans see what they say. What is life like on an IVA ? we really do not know what to expect

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Hello We have several debts, some of which is a shortfall from a house sale (we now rent). Debts are aprox 38k plus I have 8K of student debts that have always been on hold. Since the extra debt of the shortfall we are unable to pay our debts comfortably. CCCS suggested an IVA for £215 per month we ...

Hi thanks for your quick reply. I have written to the HSBC on several occassions and so far no help has been forthcoming. We could have a debt management plan with the CCCS but we would rather it all be done and dusted rather than all the hassle etc from a debt plan. My wife has aprox £16,251 of the...

Hi Sorry if I repeat myself but I am not sure where to post this Would we be suitable for an IVA? Following illness/redundancy/paycut we have around £275 per month to pay debts of around 24,500. There is little equity in our house (1-2K if that) I have two credit cards (one with HSBC, one with Halif...

Hi Thanks for your quick replies. Yes all the debt are with HSBC. I have contacted them for help with no reply as yet. I shall have a look at that site and a good read round. Our debt troubles all stem from the renal failure, worry and depression it caused over the last six years!

Hi all What is our way forward? My husband was made redundant, has found a new job but it pays a third less. He has always worked even though he had renal failure. In Feb this year he underwent a kidney transplant.[:D] He has just returned to work. I have health problems too but also work. Our mortg...