Hi.. I would like to make a full and final payment..I have enquired through my mortgage company but I do not have enough equity to remortgage, and wondered am I allowed to take a secured loan to pay IVA. My payments would be less than what I am paying through IVA as struggling with pay at present..w...

Hi Melanie Thank you...sorry for delay.. How I understand the overtime fund is that when I send a cheque for 50% of any overtime I do it goes to my creditors but not into the same fund as my regular payments...so comes off my total debt and not the agreed amount that I pay back on a monthly basis......

Hi Melanie

Thank you again...
Yes I was paying since Feb but did not sign upto IVA until August..So these payments went into the overtime fund..

May I ask you how you figure out what is a reasonable F&F figure?

Maggie

Hi Melanie...
Thank you for your advice..I know there is nothing I can do about this but out of curiosity is it standard practice to wait six months for an IVA to be set in place?

Hi everyone... I have been logging on to the forum for past six months and find it extremely helpful. I have been in an IVA since last August and have a few queries I would appreciate some advice on. I joined with Synergie in Dec 2006, and began making payments in Feb 2007 but did not have my IVA me...

Hi I have been in an IVA since August although paying to synergie since last march. I have now received a letter from Nat West's soliciters regarding a court case on 6th Feb with a charging order on my property. Natwest are my main creditor owing them £20,000...I have tried to contact Synergie but u...

I have been in an iva since march. I'm finding it a very difficult process to make ends meat. I now have to pay 50% of any overtime i work which i was hoping to do, to allow for any emergencies. If i pay this 50% I calculate that i will have paid back the full sum i had borrowed, and feel i should h...