Hi, i have been just told that if an interim court order was not obtained in the first proposal then another IVA can be made soon? is that true?

Can anyone please suggest a good DMP comany?

MY Iva was rejected today, My IP tells me it is because I helped my family with the credits. so I am back to square one! i have two options bankruptcy or DMP. I dont want to go through the bankruptcy route, because i dont want to loose my home, so my partner is suggesting raising funds by selliing o...

hi to all iam very nervous and worried,I have the creditors meeting this week and I have only been notified by two of my creditorsthat they are aware that I am enteringin to an IVA, but my two major creditors NatWest and LLoyds have yet not written to me although they are chasing for arrears for non...

sorry to ask thisdaft questions, what happens if no crditors vote onthe meeting?
is the meeting re-arranged? or the IVA just fails? How many crditors need tovote to pass the IVA? I have 6 creditors.

sorry, this question may sound daft, but what happens if no creditors vote on the day? is there another meeting arranged? what if only one or two crediotrs votes, how will the 75% be secured?

answer will be appreciated.

hi I think i will have a creditors meeting soon! but bit puzzled, because apart from MBNA none of my other creditors have written to me to say that the are aware o fmy IVA. i also haven,t received any call from them,is that normal? Because I am bit worried as to if they will vote on the meeting day,...

thanks Melanie but i am still confused a bit, but if i tell you exactly what has happened then may be i'll be able to understand better. i haven't had the creditors meeting yet, but my IP had just drawn the proposal and I am checking the proposal. In the proposal i am trying to make a one-off paymen...

Thanks for answering, but I was hoping that I could repay my family members first with any windfalls and inheritance I receive, because I have borrowed a loan from them to make the proposal to creditors. I promised to pay it back to my family members in the future. can anyone please advise on that. ...

Hi can anyone help me to understand the lump sum full and final settlement IVA offer. i just received the proposal pack from my IP and there is paragraph saying I have to pay 100% windfalls and inheritance, i know I have to wait till monday to speak to my IP, but i dont understand if I am making a o...

thanks for the advice Melanie! I am actually proposing a one off payment of £28,000 raised via third party, because I cant re-mortgage and meet the increased payments, as I have nil disposal income. hopefully I should be able to raise this money from my family. I am being hopeful, I hope the credito...

thanks for replying very qucik Melanie, just to get bit further inofmation, My debts are estimated to be £73k to £79. the asset is in the joint name with my partner, and have a joint equity of £70k currently. Does this mean that the chrging order will be on the whole of the equity? or what, i know I...

I am just going through the process of IVA! very worried, I will get to see my propposal possibly end of next week or so, but I just had heard from a another debt company advisor that if the IVA fails,the crditors can take my assets or rather have the debts "charged" to the asset. Can anyone advise ...

Hi, Just sent off the paperworks to my IP to propose a one-off payment to my creditors, but worried and very afraid. I would like if anyone can share their experiences with me as to how the following creditors will react to my IVA proposal? My three major creditors are :- LLoyds TSB £32k NatWest £26...

Thanks all! but I need more help on this valuation, possibly from Melanie. The valuation of the property was £250k and £10k works needed bringing down to £240k in last year September 2006. this valuation was done by mortgage lender, but now 9 months later it is quoted by the estate agent as selling ...