I'm quite shocked, not at your debts(we've all been there) but how little a man of your age pays towards his keep.Do you think it fair that your mother should subsidise your lifestyle in this way?

Paul All the advice currently given is correct. I would add that there are some occasions when creditors actually will demand 100% of the equity in a property to be considered even if one party is not going into an IVA. This can happen if a couple has been married for a long time. The arguement is ...

Melanie, thank you for your help. At present I'm thinking of proposing a F&F IVA (using the equity in my flat) and looking at bankruptcy if not accepted. I don't think that there's anything to lose by trying an IVA first. My creditors are LLoyds (CC and overdraft), HFC(personal loan),Marbles,Egg(CC)...

Melanie Thanks, that explains that one. My student loan represents roughly 15% of the total. My point is that if the IVA was declined, I would go bankrupt and they would receive nothing(deferred and then written off). Surely an IP would point that out to them? Even the lowest IVA would give them ove...

Melanie You've confirmed what I thought, that Student Loans had to be included in an IVA. However, how does this relate to this thread http://www.iva.co.uk/forum/topic.asp?TOPIC_ID=1985&SearchTerms=student,loan where someone's IP didn't include them? Presumably, if they're included in an IVA they'll...

Thanks for the replies. I know that Student Loans CAN be included in an IVA, it's whether or not they HAVE to be included that seems to be the problem. Melanie I have the old mortgage style loan and I want to leave it out of any IVA I might arrange as this will give the creditors a lower return and ...

Could you please tell me if student loans have to be included in an IVA? Mine is currently deferred and will be written off in 3 years, when I'm 60. Thanks.