Fortunately there payment are up to date (until this month)
so I am yet to have the pleasure of them chasing me on the phone etc.

Thanks Mike,

Just trying to put my own mind at rest after reading loads of negative posts about MBNA. I havent received your pack as of yet but I am collating all the info today so I can return it ASAP.

Thanks Mike,

Just trying to put my own mind at rest after reading loads of negative posts about MBNA. I havent received your pack as of yet but I am collating all the info today so I can return it ASAP.

Many thanks for that!

That has but my mind at rest somewhat as my only other option is bankruptcy, but this wudnt benefit anyone as I am in about £20k negative equity in my house.

What a mess!

Hi,

Yes I have spoken with 4 companies now since deciding this looks like my only option.

Thanks for the replies. Julie, My other main creditor is First direct who i banked with, there debt is about £20k the others are all around the 1K, store cards etc. Melanie, Based on my new income, my IP had advised an offer of around £350, which is assuming very lean figures for my food n bills etc.

I am about to put an IVA application in...
after reading about on the net I am now a little concerned. I have 65K of debts & 38K of which is with MBNA... all the the reports i read say that they never agree to an IVA. Am i screwed?

Im considering entering an IVA, what value of vehicle will they allow you to drive whilst in an iva?