Thankyou so much to everyone. This the friendliest place ever!

All the kind good luck wishes come from me to you all too.[:)]

Thanks Melanie
I actually meant would we be regarded as employees or still as self employed?

You're right. Its certainly put things into perspective. I'm also an optimist. However, its my wife thats pursuing the seperation so it would be down to her having a change of heart. This could happen some time in the future (thats the optimist in me!) but, at the moment, chances look slim. We're wo...

Thankyou so much Debbie[:)] To be honest, the failire of the business and subsequent debt doesn't come close to the anguish caused by the breakdown of my marriage.[:(] I think 2008 is going to start in a similar way, but hopefully improve over the months. All the best for the New Year and thanks aga...

We will both be in full time employment and the business will have closed down by the time we apply for an IVA. Does that change things at all?

Thanks again for your speedy help and advice.

Thankyou What is the minimum amount per month that is acceptable to pay on an IVA? If it is, say £200, would that mean my wife and I would split that amount to be paid on us living apart? If so, what happens if one party earns a lot more than the other? Does the IP decide the amount paid by each par...

Hi Thanks for your answer. The brewery loan would need to be part of the IVA as its the business which has caused the debt problem. The debt is actually £55k, sorry. Also, partly because of the pressures of the business failing and subsequent debt, my wife and I are seperating :( We are still living...

Hi there. In very eraly stages of considering an IVA. Looks the way to go right now. My question is....£25k of the total £65k debt is by way of a brewery loan. Its one where we don't pay anything back in cash and the amount is repayed by the way of so much a barrel that we buy from them each week. H...