Great I'm on, thanks for your help Kallis3

Just tried to log on again, still no luck. Tried to re register and it says email and user name already in use. It looks like I need the verification email sent again?

Des anyone know who the admins or moderators are for the sister site http://www.bankruptcyhelp.org.uk/bankru ... topics.asp

I registered yesterday but haven't received an email to allow me to log on to the site, have also sent a contact message and heard nothing back.

OK Thanks, didn't know about that site.

Anyone else help out with any advice on this for me?

Oh, I thought it worked out better if you declared yourself bankrupt, is their no benefit to doing this then. I was under the impression that if creditors made me BR I would have to pay their fees.

yes they were, apparently they rarely extend an IVA and definitely will not look at a 2nd one

Yes, I am aware of probably losing the house. It appears I may have very little other option.

Hi, I am looking for some help and advice. After 4 Years of having an IVA it was recently failed - mainly because we couldn't release the lump sum required from the property and the majority creditor refused to extend the IVA, so it now looks like BR is my only option - I have no idea what to do or ...

Ok apologies for dragging up an old thread, i am still having major issues with MDC.
one question i have for everyone / anyone. Does anyone know or have contacts with any finance company who will lend to someone with an IVA and who is self employed.

OK I really need some help and advice with this. If anybody can help please reply, I will be speaking to MDC on wednesday, to see what they have put to the creditor. From what i can see first off, their is conflicting dates as to when a lump sum is required, then if they do decide to push for Bankru...

Melanie, The original proposal states under Assets that "I propose to exclude the property from the arrangement save that i will introduce the sum of £17500, which is maximum LTV that i can re mortgage for in year 4 of the arrangement in order to augment my monthly contributions." However there is a...

Lesley, no they are not a creditor. The debt i had was a large amount, so could it be that the IP put it over the period to make the monthly payments slightly smaller?

Foggy, Is there a maximum period an IVA can run for? Mine runs for 72mth, I cannot remember why it was extended from the 60 mths I was originally told it would run when I enquired about an IVA.
I thought it would be strange for one creditor to demand this. We are with Money Debt & Credit.

They are supposed to be sending me a copy of a letter from the creditor concerned asking for the property to be sold. I will contact the IP through email to ask to speak to him.

Thanks