All the points raised above are valid, any unsecured portion of an NR mortgage and loan, commonly known as a Together package, MUST be included in any IVA proposal. Whilst this may very well lead to a 6 yr IVA rather than 5, typically the timescale on the together package is far more than 6 years a...

Yeah I heard NR can be a pain about this, seems ironic they pushed me to borrow so much. Yes I realise it was my own fault too.

Also heard MBNA can be bad with IVA's too, I owe them 7k.

Can?

Or Has to be?

As above says, if I were to go through an IVA is the unsecured amount I borrowed on an NR together mortgage included?

Roughly about 12-13k

Other debts to be included in addition to this.

NR = Northern Rock

Melanie yes I do believe this will be a temporey problem, as I have a loan due to be paid off next year this will free up alot of money. Also I expect to inherit 20k+ within the next couple of years. My fear is if I go in to an IVA and my circumstances suddenly change, any more I am given etc will g...

My mortgage is with northern rock so im totally screwed there, and it comes to the end of my fixed rate next year, im not sure what will happen then. I believe i will go onto there std variable rate. As for overtime, im on a fixed salary so thats out and I have day to day expenses that I need to pay...

So working on that method, a simple drink down the pub is off the list, a meal with a friend is out the question, a weekend to london is gone.

I dont know whether I can live like that, im only 28 and live for the weekends.

I would like to know what figure roughly people have been left with after all expenses are paid out.

Seems no one is very forthcoming, and I understand it depends on a case by case basis, but there must be a rough rule of thumb?.

Finding an IP seems easy, however what if you go through the whole process and bearing in mind im told u dont have to make ur regular payments while ur IVA is being prepared. You then find out it isnt accepted, surely I will just be left with a load of back charges etc. I could struggle on by as is ...

I spoke to an adviser today from a company I wont name but it just felt like there were pushing me into a sale, and the people I spoke to had seemed like a salesman.

Remember the debt industry has received alot of bad press for a reason.

Currently owe around 32k including an unsecured amount (16k) on my Together Mortgage along side various credit cards etc. I own my own flat which has no equity in it and my situation has changed recently with having to take a 35% pay reduction and my current lodgers are moving out in april and will ...

No, my total outgoing roughtly are 1300 per month. I some income protection insurance that is worth 600 per month but I have changed jobs within the last 6 months so may not be valid.

Property Worth 70,000 max

Mortgage/secured loans 65,000

Additional unsecured top up (northern rock together mortgage) 30,000

Other unsecured debt 17,000

I just found out today that there is a good chance my regional office will close. Therefore I will be redundant with no redundo pay (joined 5 months ago. My mortgage is currently 650 per month and I pay in excess of 500 quid on my 20k debts. I have no equity, I do have a 600quid a month payment prot...

Surely I can just say I smoke to be allowed extra cash?