I have subsequently been in touch with the Mortgage Company and they have stated that there policy is that for anyone in an IVA they will send all monies to the IP for the benefit of the IVA. I have also spoken to DFD Customer Support who after consulting with "an in-house expert" stated that the wh...

Thank you both for your response. We are hoping that this would be the case, as we have kept up to date with current mortgage payments, but repaying the loan to friends and family does not leave us with anything to spare to clear the arrears. Do you think it would be ok to contact the mortgage compa...

After being in a DMP with Vincent Bond for nearly 4 years and using money offered by friends and family we made a one-off F&F IVA offer in June 2013 which specifically excluded our house and mortgage (some, but insufficient equity). After being initially rejected by HMR&C, this was finally agreed by...

Many thanks to all. I thought I had already posted this, but since I am new here maybe I did something wrong, anyway ... I have been working as a freelance through a Ltd Co for a number of years, but the income is itrregular and am therefore applying for a permanent position on the basis that regula...

We recently applied to Nat west for a Step Account using the on-line service, after reading comments on here and other forums. They sent us through a welcome pack very quickly and did not ask for any proof of ID, just our signatures to open the account. We then received a letter asking us for copies...

I work in finance/accounting and have applied for a role as a financial controller for a large family run business. I am not qualified so have no worries about institutes etc but am worried whether I should declare our financial problem,s and that we are looking at going into an IVA. Does anyone hav...

Michael - many thanks for coming back so quickly. I do realise taht there will be separate liabilities - my OH and I are directors of the company and have guaranteed a loan on that too. I have been taking funds mostly as loans, but tere will be some personal and Co liability to HMR&C. It is the tax ...

Hi all, I have been scanning forums for a couple of months now and am shortly entering a short-term DMP. I am self-employed (Ltd Co) and need to sort out tax liabilities as I have been taking cash for at least a couple of years just to make the minimum payments on my debts. My question is regarding ...