Lets just hope that 75% accept, I dont understand this part , there are alot of creditors involved and some are v.high debts & some low.

The reason we have waited so long to opt for an IVA is due to my husband's job at the time was not secure enough to make that kind of commitment and also not wanting to face up to the fact that an IVA is really the only option left because of my job (BR) is not an option as I will loose my job. Lets...

Thank you for all your advice. Our unsecured loan with Northern Rock is £29,700 and it has been running for 2½ yrs. I have just had a telephone call from Payplan to discuss going ahead with an IVA for both of us. They did say that Northern Rock are not very forthcoming with IVA proposals and they wo...