Hi Everyone.Could someone please tell me, if you have not kept up the payments in an I.V.A. What the consequences will be?

Hi again. Yes i looked at both option's,felt the route of the I.V.A outweighed the bankruptcy for various reasons.Renting is one factor ie:rental company finding out about bankruptcy.Also have a car on HP and would like to keep it as my wee son is in his last year school so exams etc.As well as the ...

Well decision made. After long hard thought process,have come to conclusion house is being surrendered.Having read the post's my happiness and my son is more important than bricks and mortar.Going to go ahead with I.V.A and all being well if information is correct posted here i can add the shortfall...

Here Go's. Dont really know what to do for the best.Have unsecured debts,house in negative equity.Living in rented house, although could move back to my own house at any time.Problem is big mortgage on this property and all in at the min cost's around 900per month before any other bills.WAS looking ...

Hello Melanie.
Does that mean its ok to sign the voluntary surrender form that the mortgage company is sending out.Also when you say shortfall can be included is that a guessed estimate that you put in the I.v.a.before the house is sold on.regards

HI jan.
Yes at the minute i am working full time(Civil Service).When you say dont sign.Surly then the mortgage company won't take possession of the house.

Hi julie. Partly because the payment is over 900per month.Secondly i had the property rented out and rather than move back in i feel it's best to surrender.Along with unsecured debts i was planning an I.V.A and wondered would it be possible to bring the shortfall in when the property is sold.I know ...

Hello everyone. Just a quick question in regards to voluntary surrendering a property back to the mortgage company. I phoned through to nationwide to let them know i would be surrendering my interest in this property(negative equity).The administrator told me she would send the appropiate forms for ...

Guys. Many thanks for your prompt reply's in relation to my post.Just wondered though i have a credit card through MBNA and although its issued by them its actually issued on behalf of abbey so would this affect my basic bank account?.(as my salary is paid in). Have taken on board the cash minder ac...

Hi all.
Just wondered if your entering in to an iva and have say an abbey basic bank account will it be affected by the iva ?.