Usually in my experience if the hire purchase is less than £250 a month then most I.P's would be willing to let it be kept, there are other circumstances where it can be higher dependant on the individuals income & circumstances.

I was just wondering would it be difficult to do an I.V.A for someone who lives and works in a british embassy in a foreign country, as it is technically classed as british soil, and would fall under the same consumer credit guidelines and enforcement procedures as if they were living in the u.k mai...

Hi goldwolf With Bankruptcy it wouldnt really matter whos name they are in as the i.p would consider both your circumstances, and remember the official receivers objective is to get as much money for the creditors as reasonably possible. if your cars residual value, resell or auction value is less t...

Hi Deedee, Ladyh is right without the appropriate financials it would be hard for anyone to offer you advice as trying to assess purely on debt level would not be best advice. Consider this when looking at Bankruptcy, an IPO/IPA would only last for 3 years at the most, with an IVA taking 5 years wit...

With the matter of your husband being self employed, he will have to prove his income through a 12 month period and if he gets paid through wages slips then he would need to surrender those the more the better. With self employed unlimited liability cases, they would also sometimes ask for a copy of...

Hi Looking at your situation it is difficult to gage what advice to give with no aprroximate value of your debt jointly but in regards to your properties. I would think the best options would be to run through all your properties exact details try and sell as many properties as possible abroad, if y...