Hi Very well put!! I think now the IVA'S are becoming tighter there will be once again a rise in bankruptcies especially if you do not own your own home. Personally I think people are crazy for entering an IVA if they don't own a home as I know someone who was discharged within 6 months of bankruptc...

Thanks ever so much Melanie for that advice. As it happens I have sold my house complete with all furniture etc including appliances and I have a family of 4. For this they have allowed £1500 for re-purchase of all furniture and £2500 for actual re-location cost i,e rent deposit + 2 months rent tota...

Hi, The IP wasn't convinced that they would allow the money which is what is making me nervous as she does not feel confident in the proposal but basically told me she will put forward what I want. It's like she doesn't understand our circumstances fully or doesn't care I suppose. If the IVA is reje...

I am in an IVA and in the process of selling my house as I have neighbours from hell. Anyway, the variation meeting will be on Wednesday and I am very nervous as I am asking to have some of the money kept back for me to re-start my business from a lock up unit as I currently work from home. If they ...