Hi all,this is just a post for information and a little hope for anyone in a similar situation.My wife and I are deep into the final year of our IVA,we owed 69000,with a clause to re-mortgage in the final year to reiease a minimum of 53000,and another that anything less than 75p in the pound,shall b...

Thanks Karol, but untill variation is complete, I think there is nothing anyone can do.

Many thanks, Broke of London, and all other contributors, fingers crossed and will post when there is some news.

Many thanks Kallis3.

Thanks for the replies everyone, and the ray of hope brokebryn, how do I give you my email,as unwilling to post it on an open forum?

HI all, not posted in a while, my joint iva with my wife,is in its final year. we have 69000 in equity and have predictably just failed in the two offers reqd.of re-mortgage.My IVA requires us to pay 53000 from the loan which will not be forthcoming,GT are seeking a variation for an additional 12 mt...

Early this year our full and final offer was turned down,because 2 creditors (27%of total) thought it too early to review(30 months).They rather surprisingly thought that a new mortgage offer may be forthcoming,this would mean someone offering £178000 to me earning £28000 and my wife £4800 both in a...

Hi all, well D-day is Monday 8th of March,and the butterflies are performing aerobatics! We have offered £25000 from my family(to be re-paid staight away),which represents only 30p dividend, plenty of equity left in property but can't get mortgage,Grant Thornton seem optimistic but Northern Rock & C...

Hi all,can anyone who has concluded an IVA following a full and final offer( after a variation meeting was called)tell me what happens after the offer is accepted,what documents are required,what time scales etc.

Hi all,when my wife and i took out our IVA in Oct 2007 our costs in a forced bankruptcy[sale of house etc] was estimated at £19500 each. This was not disputed by our creditors,are these costs really a realistic figure £39000!!!! as they may be the only way they will accept my full and final offer,be...

Hi all,as stated before i am about to offer money being lent by a family member, as a full and final variation to my IVA. Is it ok to say this is a loan and not a gift? Or will this predjudice my offer?

As i have posted before, my brother in law has offered me a loan to allow a full and final offer,how much contact will my ip or creditors require, as he is not keen beyond the loan to be involved and I am anxious not to scare him off.

Hi all, a number of my debts have been bought by max recovery,who are they? does anyone know how they operate,I wonder will this affect my full and final offer[this would yield only 35p in the pound before costs]?

Apologies for the spelling (gauge?)

Hi all, thanks to everyone for the helpfull replies, does anyone know of the likely costs in a bankruptcy (both my wife would be included as its a joint iva) This is to try to guage the remaining equity,and how attractive a final settlement payment would be. Also i was told that a forced sale scenar...