Are Northern Rock accepting IVA proposals more readily these days or would we be wasting our time even contemplating it?

50% of our debt is with them and we have no assets, house, saving ect.

Hi

Thanks for your replies.

I will definately be giving Melanie a call when we have moved to a cheaper rented house and we can afford IVA repayments.

Just 6 months left of our tennancy! Seems like a lifetime but I am begginning to feel a little more possitive:-)

Hi, I am here for advice on how to set up an IVA. It will be a joint IVA with my husband and our main creditor is Northern Rock. I think about 50% of our debt is with them but I was wondering if their stance on IVA's has now changed. We keep being told that bankruptcy is the best solution for us but...

Hi. We are currently just setting up a debt management plan with payplan but they estmate this will take us 20 years to pay off what we owe. We owe 50k and 22k of this is to Northern rock. Do you think it is worth trying for an IVA or will they turn us down straight away? I hate the thought of being...