Thanks Jan...and a girl...a lovely girl, at that!x

Thank you Jan. I was curious as I have completed the financial statement they sent me and this will show them that the 'surplus' just isn't there anymore....so I wondered if they would contact me when they saw that or whether I should make a seperate representation to them...

Hi. We have just received, from our IP, a request to update them about our financial situation for the first annual report to our creditors. Since the IVA started in June of last year, we have have had a baby and my wife has not returned to work. It has become clear that it would be more cost-effect...

Thank you for all your messages and help!

The trouble with Halifax is that they won't 'port' our mortgage - we were told by a mortgage advisor that we would have to make a fresh application for the mortgage on the house we are moving to. This is despite the new house being worth much less and us being in positive equity. The IVA would, the ...

Thanks Michael!

Thanks Michael,

We had thought of that option but would like really to keep on the mortgage ladder. There is a surprising lack of information on the internet about bad-credit mortgage lenders!
Thanks again for your help,
Paul

Hi. We are half a year into an IVA and now wish to move to a different area. We have a mortgage with Halifax, who we approached about selling our house and buying another elsewhere. They told us that this can only be done by satisfying our current mortgage and then making a fresh application for the...

thanks to you all...and for all the great support this forum gives. It made it all so much easier to cope with the stress of it all...you are all stars!

Thank you everyone! And I hope anyone waiting for their meeting gets the result they need...thanks for your support!

Hi - just wanted to say that our creditor's meeting was held this morning. Although there were a few amendments, the proposal wasn't changed much and was subsequently accepted! I feel like a weight has lifted and we can start the process of successful financial management. I am so grateful to our IP...

Hi. Our IVA proposal meeting has been called for 8th July. This was called on 22nd June. I am concerned by two things: 1) This doesn't seem to allow the 6 weeks notice to our creditors 2) Our IP has proposed a payback of 29p in the pound. Our highest credit amounts are with the Halifax and I have re...

Thanks again everyone! This forum is amazingly supportive.

Thank you Kallis3! That puts my mind a little more at rest!

Hi. Our IVA proposal meeting has been called for 8th July. This was called on 22nd June. I am concerned by two things: 1) This doesn't seem to allow the 6 weeks notice to our creditors 2) Our IP has proposed a payback of 29p in the pound. Our highest credit amounts are with the Halifax and I have re...