Hello I have spoken to a few companies who have told me that I am a boarder line IVA/Bankrupcy case. My question relates to my property. It is valued at 80k and I owe 73k on the mortgage. I also have a 22k secured loan which has 10yrs left to run. Due to me being in such negative equity with the pro...

Hello I ma just in the process of contacting a few companies for general debt advice before entering into an IVA (hopefully). All of my creditors are banks (creditcards) totalling 16k. Do the banks look at what the money has been spent on and does this influence there decision to except the IVA prop...

hello again, this was how it was set up in our divorce. Although my daughter's time is split, my ex wife is classed as the parent with care. I still have a responsibility to pay maintainence for the time that my daughter is with my ex partner. Again before seeking professional advice I just wanted t...

Hello I receive no maintainence of my Ex partner and its her that claims the Tax Credits and Child Benefit. I receive form of Benefits what so ever. Sorry if I didnt make it clearer in my original post. I guess I have come one here for general advice before contacting a professional like yourself. T...

Hello I’m hoping someone on here can help me before I start searching for some professional advice. Basically I owe approximately 16k on four credit cards and one overdraft (5 different banks). The debts started following divorce approx 3yrs ago and slowly go bigger and bigger. Over the last few yea...

I work for a local authority and I have checked through the staff code of conduct and it makes no mention that being declared bankrupt or starting an IVA will affect your job role with the Council.

Does anybody have an knowledge of if an IVA may affect my job role??

Hello and thank you for taking the time to reply. I have listed all my household bills except my petrol expenses approx £100.00 per month, food approx £160.00 and the clothes that I buy as and when. To be honest I have only just started to look into the world of IVA's and I can understand the concep...

Hello I’m hoping someone on here can help me before I start searching for some professional advice. Basically I owe approximately 16k on four credit cards and one overdraft (5 different banks). The debts started following divorce approx 3yrs ago and slowly go bigger and bigger. Over the last few yea...