Sorry for the delay in the update!! Julie - we do still have our boiler care, despite our creditors asking for it to be removed from our I&E for out IVA to be accepted!! We have been given an inital 3 month payment break from our IP. My dad (my hero) has offered to pay for half of it so i think we s...

Hi everyone We woke up on Tuesday morning to find our boiler had water streaming out of it. Called an engineer out to look at it and was told that the parts that had broken were no longer made (stopped making them in 1995!). We have been told ever since we moved into our house just over 4 years ago ...

Hi money woes

I am studying ACCA at the moment and as far as i am aware being in an IVA is fine, it is bankruptcy which is a problem

Its been over 2 months since my orignal post. After taking advice from Melanie's team we decided to speak to a couple of other people for a 3rd/4th/5th opinion!! From the 5 people we spoke to 3 thought an IVA was appropriate, 2 not. We decided to take our chances and go ahead with an IVA proposal. I...

Fingers crossed for you

Melanie's team has advised me that an iva isnt appropriate at the moment due to our high outgoings and has passed out details on to a debt management planner who i am speaking to tonight.

Am i right in thinking a DMP is similar to an IVA but all debts must be repaid regardless of how long it takes??

Hi all After several months of being in denial, myself and my wife have sat down and are looking into getting an IVA. We have been able to make payments on all our outstanding debt but as a consequence we have had to put our weekly food shop and petrol on credit cards which means we are spiralling f...

Hi Warren,

I am an ACCA member (still studying) and am looking into entering and IVA. As far as i know, only if you are declared bankrupt does it effect your membership