Thank you Melanie much appreciated. We now only have £280 surplus, £46K owed.

Payplan Melanie - after my review on Thurs i was told if a revised proposal was put forward i must expect 1-2 yr extension, taking the IVA to 8 yrs, and it would be unlikely that it would be put forward if i wasnt prepared to agree to this. Our surplus has halved over the last year so our creditors ...

Unfortunately we had NR as our major creditor, disaster, they are a nightmare, they wouldn't accept our proposal unless we increased our payments significantly and added an extra year on, taking it 6 yrs. We stupidly agrred to this a year ago, and are now in the position of going bankrupt as we just...

No haven't spoken to the IP, he's on holiday for 2 weeks, typical!

Thanks for your replies. I was told without an extension they would not put the proposal forward as it would most definitely be rejected. I think we are resigned now to bankruptcy.

Thanks again.


Mandi

I've just had my 1st year telephone review. We have struggled for some months now and our I&E shows our surplus money each month is half of our current IVA payment. The lady i spoke to said if a variation meeting was the way forward we would most definitely have to extend the IVA by possibly 2 yrs, ...

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Thanks for your replies, much appreciated. No, hubby hasn't saved anything towards his tax, thats another worry, will this still have to be paid if we are made BR? I've just rang Payplan and the lady i spoke to was really nice, she told me to cancel my standing order straight away and also she think...

I'm nearly a year into our IVA, my husbands self-employed business isn't doing well, to be honest we've really struggled with the payments since the IVA started, Norther Rock's fault who said my husband could afford more! After serious thought for the last week we are now thinking of bankruptcy and ...

Hi Pandy, i know exactly what you mean! We've always had holidays, mind i think i've only ever paid cash for 1, they were always just put on the credit card. It took me a good few months to get used to no credit, it was such a painful learning curve. Its just so hard trying to explain to children wh...

Thanks for all your replies, you are all exactly right. We wont be having a holiday this year and i think thats eating away at my insides when everyone else seems to be going away. But thats just jealousy and its pathetic really and must stop! Bet they are paying on credit cards anyway!! You've made...

I'm a year into my IVA, I know i got myself into the debt i'm in and theres no-one else to blame but i feel constantly jealous of other peoples lifestyles and find myself wondering hw can they afford that, another holiday, its their 3rd this year, new car etc etc. Do other people feel this way or is...

Thanks Melanie - i only wish we had gone with your company!! In the proposal it says that only yr 1 is included in the IVA, no mention of the next 5yrs. (my husbands is for 6yrs at the request of NR!!) I e-mailed Payplan at 8am this morning but haven't had a reply. My husbands earnings have reduced ...

Thanks Lesley.

Apologies if this appears twice, not sure where the first went!! My husband's tax was included in the IVA for year 1 when it was approved last year (he's self-empl). We are now due our annual review, can anyone advise if we are allowed to include tax contributions in our I&E? His bill for Jan 2011 i...