Hello First thing I would do is contact your phone company and barr all annonymous calls, that will stop a lot of them. You can also have a 'choose to refuse' option with the phone company for a very small fee you can have specific numbers barred.(that will stop the rest of them) Keep the IP's numbe...

Thanks for the advice Kerri BR is something that we have to consider its so helpful to read postings and blogs from people who have been through it. We are paying a small percentage to the company arranging the DMP but to be honest I expected this. No real hassle from the creditors as yet except lot...

Hello Blue, We share the same concerns as you. We have delayed our IVA propsal for now and have entered into a DMP in the short term. I think that sometimes it is easy to rush into things especially when creditors are breathing down your neck. The last IP we spoke to advised us that as NR had the ca...

Hello
Can anyone explain the differnce between a Trust Deed and an IVA?
Thanks

Hi Helhan I was reading some info about Fast Track IVA's you can find all the info @ www.insolvency.gov.uk. It seems that it is possible to propose a fast track IVA if you are made bankrupt. In brief; the OR can agree to act as an IP. If the creditors accept the OR's proposal you can have your Bankr...

Hello Thanks for your reply, Just copied this from the site,(in blue) which seems to suggest any level of debt will be considered. Does anybody thing an IVA proposal from the OR might be more likely to be accepted by creditors, as refusal will mean bankrupcy Thanks Are there any restrictions? Genera...

Apologies if this post appears twice. I have been reading some interesting stuff abour fast track IVA's. (www.insolvency.go.uk) My understanding is that you can only apply for one of these if Bankrupcy proceedings have begun. The official receiver can agree to act as IP and the terms of the arrangem...

Hello All Have been reading some interesting literature about fast track IVA. (www.insolvency.gov.uk) My understanding of this is that it is possible to enter into this when Bankrupcy proceedings have begun. If the official receiver agrees to take the role of IP then a fast track IVA can be proposed...

The 120k debt is an individual debt not a joint debt, sorry if the 'we' confused Do county courts harshly judge people who enter into DMP, I am paying a considerable monthly sum (£800.00 per month), not much less than an IVA. All advice appreciated Thanks The £75,000 will be applied individually rat...

We too have been advised to go into debt mangement until NR's stance on IVA's alters, or the new legislation comes into force regarding SIVA's. I must confess I am a little worried about this. I read somewhere the the new legislation will help people with up to 85k worth of debt, we have considerabl...

HI all just thought I would pass on some info that Nancy from GT gave me yesterday about NR she said currently they are advising clients with debts with NR (We are not in this position thankfully but she was using it as an example) they are advising them to enter into DMP and not go for an IVA as t...

Hi All Re Chilli20's NR problem. We are also in the process of trying for IVA but have been advised that Northern Rock are now voting NO on all IVA's. We have been advised to enter into DM for the same amount that we were to pay under IVA as a holding position, with a view to applying for IVA when e...

Hi Skippy,

what were the fee like with Accuma?
thanks
STAM

Zoe - sorry things didn't work out the way you wanted.

I'm at the very start of the IVA process and worry it may go the same way for me. What were the modifications they asked for, I understand if you don't want to give too much detail but anything is helpful?

thanks
STAM

Thanks Andy, I hope that the busines will grow, but just keeping the customers I have has to be my priority. However if I base my income on the last 6 months rather than the year Apr to Apr I have just over £700 showing as disposable for IVA payment. Some of this variation is due to having a lower a...