Thanks to everyone for the nice messages. When the IP phoned me today I could feel myself getting emotional to the point I broke down and cried. I cannot believe that I do not have to go bancrupt. I know it was my fault I got into debt but for the amount I owed I cannot get my head around the fact I...

Hi Melanie

Just heard from my IP.

Northern Rock has agreed to the IVA as long as I pay over 6 years instead of 5 years.

I have agreed and I am so relieved to have this sorted.

Thanks

Hi I owe £39,000 which includes a total of £19,000 to Northern Rock. I have a total of 8 creditors. 5 Credit Cards, 2 current accounts and Northern Rock consolidation loan. At my first meeting 11th May all of my creditors apart from Northern Rock accepted the IVA. Northern rock asked for the meeting...