Good morrow my fellow IVA'ers, I'm seeking advice & would be very grateful if anybody knowledgeable could point me in the right direction of an IVA Friendly Business Bank. In April 2016 I entered into a F&F Single Premium IVA, a friend sumped up the premium on my behalf, the IVA was agreed & that wa...

@Michael, the ex wants me to hold onto the property for the foreseeable future until there is at last enough equity for her realise a positive ROI & has started to advertise for lodgers to offset her mortgage payments. @size5, thanks for the valuable input, I really appreciate you sharing your exper...

I don't think so, I have a local agent coming over early next week to give me a valuation. In addition to the mortgage, £375k, Barclays have a charge over the property for £26k & the ex has a £91k trust deed noted on the title as she put the deposit capital in to purchase in 2007 hence the reason sh...

Sorry, that reply finished prematurely...

My friend has a budget of £15k in the pot to help me.

I know it doesn't sound like a lot, but sadly I don't have many more friends with this level of confidence in me.

Hi Lisa, Thanks for the reply. my reason wishing to wrap an IVA up within 12 months is due to the fact that I find living under the obligation of debt very depressing & feel so low that I am unable to hold down a steady job, hence making things even worse. My friend truly believes in me & knows that...

Thank you very much for your advice Michael, Lesley & Kallis.

I am considering applying for an IVA & have a friend willing to make monthly payments over 12 months to help me out of this debt mess I'm in. Are 12 month IVA's more likely to be accepted than a 5 year variant? Would my house still have to be revalued at the end of the 12 months? I also owe a lot of...