Hi Lisa,

I did say that when they look at our bank statements, they'll see that we CAN afford the monthly payments. The issue isn't about that, it's more about the negative impact upon my wife's mental health.

Does this change things?

Many thanks

Hi Lisa, From what I remember, we were put off bankruptcy by the long term impact it had and having to tell employers etc. I think we were lead more along the IVA route too. My wife especially struggled with the whole idea of not paying what we owed and it's having such a negative impact upon her me...

Who is in the IVA as there is no such thing as a joint one, only interlocking. So do you have one each or is it just one of you? Dependent on this your wife could propose a variation that her payments to date are accepted in full and final settlement due to her health problems. You could then put a...

Hi -- your creditors are looking to get around £4186 more over the term. I would suggest an offer in the region of £3,000, in these circumstances, with, I am afraid, a detailed explanation as to the health issues. Creditors are not ogres and, with the help of your IP ( hopefully sympathetic) the of...

Hi First time poster here having found this group tonight. I could really use some advice regarding our IVA, please. We've (my wife and I) been paying our IVA for just over a year now. Since the IVA began, both my wife and I have been struck with ill health and are both unable to work for the forese...