hsbc is the bank and yes we have other debts which we are paying.We have been paying other creditors with various amounts as agreed with them.We are looking at doing an iva in the not to distant future.

we have received a letter from our bank advising us that we have 14 days to pay our overdraft of £2700 or they will take action against us.(baliffs,courtetc).We informed them of our present financial position (dire)including all available facts and figures.They said that this was not a satisfactory ...

The problem has been caused by ourselves. We came into some money and have tried to pay off more than we could afford or advised by
cccs.The money is about to run out.

At present we are paying creditors a monthly amount which was agreed between both parties.We are unlikely to be able to afford this after octonber this year.Would the right course be an IVA AFTER THIS POINT.We have various creditors and debts of £75k.We own our house and have equity in the house of ...

how long does it take to set up an iva?