thanks again. I'm waiting for a pack fro m Payplan that has a template to send but might just ring one of the biggies tomorrow to see what they say. The mortgage have let us have 2 months paying interest only while we try and sort out exactly what to do.

Hi Amanda
What made you take out an IVA after contacting your creditors?

has anyone ever had any luck at contacting creditors themselves? i've posted before saying we have decided to sell the house and rent in order to clear debt but any reduction in payments up until it is sold would be a lifeline!

After a lot of visits to this forum, and talking to someone from credit advice agency we have decided to sell the house,pay off all debts, put the equity from the house ( and now we think it's more like £35) insome sort of savings account, rent in the area and in a few years time ( hoping mmarket cr...

If we do put our house on the market what are the chances of creditors suspending payments until it is sold. bearing in mind they could then be paid it full at that point. Just wondering if anyone has tried it and succeeded. Thanks

Thankyou for your reply. Yes, we would still have about £20k.It's an increasingly popular area and it will sell even with the work even though we'd have to drop the price to take it into account.I dislike the house as we're pumping money into it constantly but am worried about selling and leaving th...

Do we sell the house to pay off debts and and rent or do we take out an IVA? Our house is old, at present needs about £4000 of quite urgent work and i would happily move but if we rent, we might not get back on the property ladder. If we take an IVA how will we do the necessary work on the house an...