Hi all, creditors meeting this morning at 11.30, its all been approved, final settlement of £2,000 now i can repair my credit rating, not sure how long this will take though ?, can i jus say A BIG THANK YOU to YOU ALL for all the support and guidence over the last six months. Im the happiest guy ali...

Hi all this is the latest since March, they have finally got in touch its now July. Lets hope the meeting goes well. Thanks Neil Hi Neil, Good news, I have received your file back from accounts and passed it to our variation team so the circulars will hopefully be prepared within a week. A copy of t...

Can i just say a really heart felt thanks to you all. I will keep you all posted.... Neil

Hi all. Update for you. Ive been able to obtain the £2,000 from a third party. My IP is going to the creditors for full and final settlement meeting. Lets hope they accept.This im told could take three months. Thanks Again

Hi all, my wife has only been able to raise £2,000, she cant get the £5,000 due her part time wages etc. my IP is consulting her Boss, to see if my creditors will accept this figure of £2,000 as full and final settlement, i will know on Thursday if this will be accepted. Like said above extending th...

Hi all, my IP has already extended the term of the IVA, it was for 4 yrs originally, im now in the fifth yr i cant raise the equity owed due to LTV on house etc. My IP said my creditors could accept £5,000 for full and final settlement. if i could obtain this figure. problem i have i cant get a loan...

Hi I cant raise the 5,000 due to Loan to value of 70%. Is the only option really bankrupcy ? my wife is in part time eployment with a clean credit history, perhaps she could borrow the money. I would pay the monthly amount. Seems a real shame to loose the house all for the sake of 5,000. Can i just ...

I can't keep up IVA payments. I have received a demand for full and final payment of £500. Please could you advise?

Hi Michael, Email sent as per your request

Thank you all for your all your comments, reply to Michaels answer, my house is valued at £120,000 wth a mortgage balance of £87,000, i dont know who would give me a secured loan due to having an IVA, i would love to obtain one, just to clear my credit rating etc and to safeguard the house. If anyon...

Update from my IP, we cant go to the creditors for a paid to date meeting, because i show a surplus. Balance owed is £9750. one option would be to try and raise around £5000 and offer this as full and final settlement,but they still may not accept.But how can i raise this amount with my credit ratin...

Hi My IP requested i submit an Income and expenditure form, ive done this, it shows a surplus income per month of £190.My IP have said on the form ive gone over the maximums allowed ie house keeping etc, so they have re calculated the expenditure. They have found i have a further surplus of £180 on ...

Hi ive requested a paid to date meeting with my creditors ive been in an IVA for 4 yrs now and paid in £15,000 so far, ive no more money left each month. Payplan say its a shame to end the aggreement at this point, ive missed a few payments which they are ok with, but due to the increased monthly p...