we in 47000 in debt just got proposal for iva with melanie offering 64p in the pound £500 for 42months £625 for 30months we didnt know it would go on for 6yrs my husbands overtime was added to the proposal but he only gets this 6monts of the yr so the other 6months we will never be able to afford it...

im going through a iva
my worry now is that were with northern rock 26,000 owed to them
and our loan is less then 12 months old so will we be rejected

ive been reading all the post recently about northen rock we had a iva rejected in jan due to them ,but after meeting with melanie and now understanding why they rejected us due to our proposal being completly wrong as blair endersby didnt give our creditors the best proposal at all we are now start...

if you have a together mortage with northern rock .and sell your house and rent would you be able to take this unsecured loan with you or would you have to pay it off

hi n/rock rejected our first iva due to the equity release we are now proposing a new iva with melanie so hopefully they will accept it this time with n/rock that have to see the best proposal put forward as in our first case this wasnt the company we used was blair endersby and we found them not to...

do northern rock object to an iva if the loan isnt 12 months old

we owe 46,000 to 8 different creditors hoping to get a iva soon were just trying to work out all our incomes and out goings ready for when we meet with our ip at the end of the month our combined income is 2,000 pm mortage is £693 car hp £123 household bills £350 so before food ect our outgoings is ...

hi melanie just to let you know you are not alone im married with 2 kids and im in the same boat as you were 46,000 in debt and are trying for a iva weve tried all different routes but are hoping we get approved for a iva and be debt free in 5yrs there is light at the end of the tunnel 2months ago i...

ye it was due to not having enough equity in our home,
to remortage at the end of 4yrs

is it true that if your creditors meeting is at the start of the month you have more chance of being approved . my rejected iva was on the 22nd jan my main creditor was northern rock who we owe 26,000 to we were offering 47p in the £ we are now going for our 2nd attempt at a iva with melanie were ju...

we got rejected on 22nd jan for a iva we are now trying again for a iva through melanie and were meeting with her at the end of this month im just wondering if anyone else got rejected at first then tried again and got approved i love this forum and i have got so much more info about how iva works f...

with a dmp do the creditors get payed monthly or in one lump sum . just wondering as were are at present on a dmp and hopfully getting a iva soon. so im wondering if for the last 3months if the monthly payment we make go straight to creditors or is it the same as a iva when the get payed at the end ...

when your creditors sell off your debt to companies ie eversheds does interest still get added to it or does the interest get stopped
thanks

im just at the beginning of starting a iva our 1st attempt was rejected , we have 46k of debt to 7 different creditors northern rock 26k our main creditor.they rejected our iva due to equity in our house we were offering 47p in the £ our payment would of been £286 a month which we thought was great ...

it depends if any of the debts are in his name
most of my debt is in joint names
nicky