Thanks Micheal, I did try to resolve this with them but to no avail. Like you say it's probably too late now. I have only had one letter from a company who bought the one of the debts. They were notified that the iva was terminated. Their solicitors have now written requesting payment. Can this comp...

Hi, I entered an Iva in June 2007 total amount around £79,000. I maintained full requested payments of £200 pm over the full term, in addition to £10,000 paid as a lump sum at the beginning that was borrowed from family and colleges. At around the same time I also to entered into a voluntary liqu...

font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade> Originally posted by lesley_ Hi and welcome to the forum. It's good all payments were met were any uplift payments/windfalls not declared and paid over. Hi Lesley, There were no windfalls and no additional payments were ma...

No not GT it is Marshmam Price. They were asking for information during the iva but I informed them that I could not get it. It would have been easy if I had payslips etc. But I was a director of my own company that went into insolvency and all paper work went off to the company that closed it down ...

font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade> Originally posted by Rappy That seems really unfair. Please can you give more details? My total debt was £46000 and I paid back £200 pm for 60 months totalling £12000 as agreed. When the IVA started I also had a to close m...

Hi, I finished making payments to my IVA in July of this year and every payment within the term was met. My IP has now advised that my IVA will be failed as I didn't keep up with correspondance, i.e. providing pay slips etc. Are they able to fail the IVA even if every payment was met?

Since sept 06 I lost a couple of major clients which resulted in my company going into liquidation. I have now set up again but my income from my new business will be less than before. Not sure what my dosposible income will be , my monthly outgoings will be around £3600 when the IVA commences So I ...

I have around £57k debt some on cards and some as loans. My concern is that a coulpe of the loans were taken out quite recently. One for (aa)£10,000 about this time last year, and one (mbna)for about the same amount in sept 2006. Not sure how this would look, At the time I thought that it was ok and...

Just been reading a few other posts on the forum, and came across one suggesting that a lump some could be offered to each of the creditors outside of an iva. this would save fees but i guess not all creditors would accept it.

My wife is also a director so if I get any problems from the bank I can resign as a director.
Just liquidated my previous business in the last week so who knows , I'm not sure if banks do regular credit checks. especially if i'm not asking for credit. Will let you know .

Hi Aaron, I have just recently opened a Royal bank of scotland business account without any problems and that was for a new ltd company. I also opened a HSBC business account which only took around 1/2 hour. I also didnt want credit facilities but both accounts offer credit cards instead of debit ca...

Disposable income is hard to work out because I have just started a new business , following my previous company liquidation. So it's all dependant, thats why I was looking at the lump sum option from the outset, Before all this I was managing to keep up with the various personnel debt payments at t...

Thanks for the replies, Just to confirm, House has now been valued at around £220,000 [:(!] Morgage redemption details show £180,000 thus leaving £40,000 equity less selling costs etc. between me and my wife.(But only me doing IVA) So £20,000 max equity. I don't really want to remorgage because the ...

I have seen my IP and discussed the IVA , he asked me to get a valuation of the house and that they would also get there own. I thought that my house was worth less when we met, he worked out that I would have around £12000 equity in the house based on the guess figures I gave him. He suggested that...

Just before I proceed down the Iva route I just wanted to explore any alternatives. Does anyone have any suggestions / details of any options available to me . £57000 debt I have just dicovered that my house is worth more than I thought and I probably have a total of around £60000 tops equity, less ...