kallis3 wrote:

Personally, I wouldn't want a charging order hanging over my head if I could help it.

It does not hang over my head, its buried in the garden with the dog. It will be paid either when I die or I sell my house. Everyone is happy especially me.

kallis3 wrote:

The minimum purchase is £100, and I doubt many of us have that to spare each month!

If you read his problem you will note that he MUST save to pay off his tax and insurance at the end of the year and I doubt that he would be paying less than £50 a month. Its not 'spare' as you seem to imply.

Hi

Why not just accept the charging order then you wont have to pay anything towards this debt. You will only have to pay the debt if you sell your property. A judge will not force you to sell the property over such a small amount.

Hi Most bailiffs do not have the right to force their way into your home to seize your goods. The only exception is that bailiffs from the Collector of Taxes (Inland Revenue) can get a warrant to force entry, but this is very rare. All other bailiffs have a right of peaceful entry only. This means t...

Simple: Buy Premium Bonds every month. Never know you may win and pay your IVA off early!!! Interest from the Bank is no worth saving.

I'm afraid I don't agree with that method either. My daughter has just finished Uni and I'm afraid she had to do loans all the way as we couldn't help her. Glad you managed to finish though, and good luck for the future. My kids also had to do loans all the way to the maximum. My point is that with...

Hi My IVA was completed in Dec 09 after exactly 5 years. It hasnt been easy but at least it is all over with now. The recession certainly helped us in that we were required by the terms of our IVA to remortgage our property in year 5 but luckily (for us) no one would lend to us. I always dreaded thi...