Hi Melanie, CCCS have worked out our disposable income is £631.00 however Thomas Charles and Wilson Phillips worked it out to be £855.00 surplus income based on 40.41. I am not sure what each creditor's monthly payment would have been. The reason we tried for an IVA was because we had reached a poin...

Hi Melanie, Yes it is Northern Rock who are going for the Charging Order. I do not see how I can defend it when I owe the sum due even though it is not fair on my husband as it is my debt and all our other creditors are not doing this. I know they are entitled to but what chance have I really got of...

Hi Rachel, I know what you are going through. I too received Judgment for the Claimant from Gateshead County Court in respect of Northern Rock who refused my IVA. They wanted the full amount to be paid within 14 days which was impossible. My husband and I are now in a DMP with CCCS because we can't ...

Hi, sorry not posted on forum for a while hope everyone is o.k Is anybody whose IVA was rejected through Northern Rock saying NO and now doing a DMP still having problems with them not wanting to accept proposals or have they just got it in for us. They submitted a County Court Claim which we replie...

Hi Melanie, As far as we can ascertain Northern Rock rejected because of it being a new loan and the way it had been managed whatever they mean. I originally took out a loan for £20,000.00 but then I think it was a year later I had to refinance the loan. I took out a £25,000.00 loan with them but th...

Having had an IVA rejected solely because of Northern Rock could we try again for another IVA with someone else or would it be a waste of time. Failing this can anybody recommend a reputable DMP company. We have looked into Payplan but not sure whether to trust. We need to act either way very quickl...

Hi everyone. Decided to try one last attempt of saving face and hope and pray with everything I have got that Thomas Charles can organise a DMP for us, that's if NR will accept, if not we are left with no choice other than Bankruptcy which means that my husband will more than likely lose his job and...

Hi, Spoke to IP today Northern Rock refused outright due to account not long being set up and management of account whatever they mean as I never missed a payment until instructed to do so. I was late once. It was Eversheds who represented them. IP said no modifications could be made for another IVA...

Wilson Phillips had put forward proposals based on 40p. They had worked out that we would have a surplus per month of £855 for 6 years. Everybody else agreed to this proposal apart from Northern Rock which we were warned were a stumbling block. We borrowed £25,000.00 from N.R but they still require ...

Hi

Creditors meeting went as expected. Thrown out due to Northern Rock. They strongly suggest Bankruptcy but I really do not want to do this. Is there any way round it or can I try and approach creditors with a proposal myself. Can anyone please help.

Hi, thanks everyone for your messages. I have been looking at the forum for a while now and its nice to see that their are people like me out there to talk to who don't always look down on you. Anyway fingers crossed at 10.00 in the morning. I will let you know the outcome.
Thanks again

Is Northern Rock still refusing IVA's. Worried sick as we have our 1st creditors meeting set up for tomorrow.