Hello Joan Sorry to hear about your situation. What steps have you taken so far to address the situation? Have you looked at your own budget in detail, contacted any of your creditors to tell them that you are struggling? Do you know what options you can or can't do realistically? Hope you can sort ...

GT actually took over a firm I used to work for a while ago and the feedback from former colleagues that are now working under them is that they are an excellent company to oversee your IVA needs.

That's very interesting to know that you can propose IVA's with such a low dividend and still get them accepted. So creditors will look at those options rather than inevitably force the threat of bankruptcy on the debtor?

I hope it goes through for you and gets you on the road to recovery. Your'e offering a good dividend with the possibles of extras so there's every chance of success.

Hi, where did you get those empty Olive Oil Bottles from?
Sounds like a good bargain!

I can also vouch for Mike too. Has been in the industry a long time and is very knowledgeable.

ooopps, genuinely sorry, I was not fully aware of that and have not read the forum rules fully, as I am a bit of a newbie on here.

Hi Andrew, Debt is always a concern no matter how large or small and there could be a number of options available to you. It is always good to seek out the best advice to see what is relevant to your circumstances. I work for a small company on behalf of one of the larger solution providers and we d...

Thanks very much

Hi, just out of interest. When looking at an IVA, do Lloyds and Black Horse class as 2 separate creditors to make up the normal 3 creditor rule? Thanks in advance.

Hi

You can go through Payplan or the CCCS, they do not charge any fees as they are actually funded by the creditors. To be honest, with him paying such a low amount, it would probably be better if he went to a free service. Good Luck

Thanks very much, handy to know that. I had initially thought it was all overtime split 50/50. So advice to debtors is to save half and forget about it until the annual review comes around.

do BGas close customer accounts if they are in arrears only with them as a current utility provider once a customer goes into an IVA? I was not aware of that!

Is the 10% rule a definitive one re overtime Michael?

Well done everybody, great news, nice to hear people getting their lives on track.